A major redevelopment project is underway. Tulane University is leading a $500 million effort to transform a former hospital into a medical research facility. This project aims to bring new life to a building that has been vacant for many years.

The building has a complex history, having been affected by a major storm. It was previously used as a hospital, but was shut down after the storm. Further details about the project are available, including the expected outcome of the redevelopment effort.