Real estate development and investment firm Industrial Realty Group, LLC has started construction of Propel Park, a 50-acre industrial and office development located within NASA’s Michoud Assembly Facility in New Orleans, LA.

Once complete, the project will generate up to 1.3 million square feet of new modernized industrial space. The regional asset is expected to bolster business attraction efforts by providing a new location for companies in need of facilities for light assembly, manufacturing, distribution, and office operations.

“Propel Park is creating a new era of growth for high-demand advanced manufacturing jobs in New Orleans,” says Lynnette White-Colin of the New Orleans Business Alliance. “As the first major new industrial construction project in the city in decades, Propel Park proves New Orleans East is poised to strengthen its position as a center of opportunity for residents and businesses.”