Full Breakdown
Bayou Phoenix: Revitalizing the Former Six Flags Site in New Orleans
3/8/2026, 11:02:22 AM
Overview of the Bayou Phoenix Project
The Bayou Phoenix project aims to redevelop the abandoned Six Flags New Orleans site, which has remained vacant since Hurricane Katrina. Developers, including Troy Henry of Henry Consulting and E. Ross Studios, plan to transform the area into a major entertainment and production destination featuring film studios, an indoor water park, hotels, and a sports complex. The total estimated cost for the project is around $500 million, with construction potentially beginning soon as funding is finalized.
Key Features of the Development
The proposed redevelopment includes several key components:
- Film and Television Production Studios: E. Ross Studios, founded by New Orleans native Alvin Ross, will focus on providing opportunities for local youth in film and media production.
- Sports and Recreation Complex: Eastern Sports Management is set to manage this facility.
- Indoor Water Park and Clearwater Lagoon: American Resorts Management will oversee this aspect, which is expected to attract significant regional tourism.
- Hotels and Entertainment Attractions: These will complement the overall entertainment offerings at the site.
Community Response and Economic Impact
Community members expressed optimism about the project during a recent meeting. Resident Willie Caltun stated, “The project would be a great benefit for this area,” emphasizing the need for investment after two decades of neglect. Developers believe that the revitalization will enhance property values and increase tax revenues for the city.
Funding and Financial Considerations
While the majority of the funding is expected to come from private investors, developers are seeking $50 million in public funding, which represents about 12% of the total project cost. Troy Henry highlighted the importance of this funding, stating, “I believe when Bayou Phoenix is back, our property values will go up again.” The developers are in discussions with a mid-market bank in San Francisco for a loan that could cover 88% of the project costs, with hopes to secure the remaining funds from public sources.
Challenges and Official Statements
Despite the enthusiasm, there are concerns regarding the funding structure and expectations from the government. Councilman Jason Hughes acknowledged these issues, stating, “There are some questions about the funding scheme and how do we pay for it.” Additionally, Henry noted that the project had previously been denied a state loan under the FastSites program but plans to reapply.
What's Next for Bayou Phoenix
Developers are actively engaging with city leaders to secure the necessary public funding and are preparing for upcoming legislative sessions to address financial needs. The Bayou Phoenix project is positioned to be the largest development in New Orleans East in 50 years, with significant implications for local economic growth and community revitalization.
Verbatim Quotes
- “If you drive in New Orleans East right now, you will no longer see those rides and you will no longer see the eyesore that was there for the last 20 years,” — Mike McKenna, Bayou Phoenix Representative
- “I just want to give people, especially young people, the opportunity to meet their destiny sooner by introducing them to different levels of production,” — Alvin Ross, Founder of E. Ross Studios
- “We waited patiently and watched every single part of the city get developed except for us. It’s our time,” — Troy Henry, Developer
The Bayou Phoenix project represents a significant step toward revitalizing a long-neglected area of New Orleans, with the potential to bring economic benefits and community engagement back to New Orleans East.
