That's on the other side of the river from New Orleans.
To what I think is your larger point, that project is a small part of the efforts at water control around New Orleans. But, so far they have generally been viewed as beneficial and the various governmental entities keep paying for them -- why should we expect anything different in the future ? Roads get repaved all over the country, bridges rebuilt, and the levees rebuilt. There's always an "infrastructure crisis" of the decade, the chatter is how we as a society judge the expense and confirm it's necessary.