The commercial and residential heart of New Orleans
Nearly $1 Billion
In Real Estate Development Activity
1.2
Walkable Square Miles
Over 85%
of “Vacant and Underutilized Properties” either redeveloped or under development since 2012
8.9M
square feet of Class A office space
#1
Largest Employment Center in Louisiana
$86,466
Median Household Income of a Downtown Resident
6,370
Apartment and Condo Units, 1,000+ Delivered Since 2019
1,281
Registered Businesses (2024)
476
Retail Stores
243
Restaurants & Bars
102
Hotels
22,707
Hotel Rooms
20+
Arts Galleries
9+
Museums
10
Parks and Open Spaces
The Heart of a Region with
1.2 Million People
135K
People in Downtown on a Given Day (2024)
36.5M
Visits to Downtown (2024)
2.5M
Visitors Attracted to Downtown by Sporting and Cultural Events Annually
Commercial Space
Office Building Occupancy Rate
81.8%
Downtown Class A Space
92.9%
Downtown Class B Space
Office Building Rental Rate
$19.95
CBD Class A ($/SqFt)
$18.45
CBD Class B ($/SqFt)
Residential Space
6,370
Apartments/Condos
$203K
Condo/Townhouse Avg. Price
$2.43
Apartments Average Rent ($/SqFt)
$2,016
Apartment Average Rent