Go Zone going going…
Grocer Marc Robert II got approval for $14 million in GO Zone bonds for supermarkets at 2222 St. Claude Ave. and at 4001 Canal Street. He recently opened a Robert’s Fresh Market at 135 Robert E. Lee Blvd. and is planning to build another at 8115 S. Claiborne Ave., but the GO Zone financing for those stores has been stalled by holdups in the administrative paperwork.
The State Bond Commission and the project’s bond counsel disagreed about who is to blame for the delay. Robert said he hoped the snag could be cleared soon because the Robert E. Lee store was backed with bridge loans until the GO Zone financing could be secured. He said the store was one of the first projects to apply for GO Zone bonds.
Read the TP and try and figure out why we still don’t have a grocery store.
November 20th, 2007 at 9:23 am
maybe we can all walk to St Claude and shop at THAT Roberts.
Who is the “project’s bond counsel” anyway……at least we have a 6ft bread isle at the Walgreens. Good thing they are here…