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WTC moves a step closer to redevelopment

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New Orleans, La. –The World Trade Center commands attention at the foot of Canal Street, but some have said not for good reasons.

The towering building has been shuttered for a long time in an area where tourists flock. So Tuesday, a key decision about the building's future was made at City Hall.

"The number-one rated proposer is Gatehouse Capital receiving a total of 405 points out of a possible 500 points," said a member of the committee that evaluated three proposals for revamping the 33-story building.


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