Organizers of the Louisiana Music & Heritage Experience, a museum intended to tell the story of the state’s musical genres, have finalized a lease with the Convention Center to locate the long-planned attraction in the heart of the River District in New Orleans.
Under the terms of the deal, finalized earlier this week, the museum’s nonprofit board has agreed to lease more than two acres from the Convention Center at the corner of Convention Center Boulevard and Henderson Street for nearly $35,000 a month. The deal also gives the museum an option to purchase the parcel for $8 million within three years of opening.
“We have been trying to secure this property for three years so finally having it feels like a real accomplishment,” said Chris Beary, who is leading the project…