TRAFFIC ADVISORY: Lakebound Road Closure on N. Rampart Street from Canal Street to Iberville Street
UPDATE: The City of New Orleans announces that crews have encountered unexpected delays during the roadway restoration on North Rampart…
Read MoreThe commercial and residential heart of New Orleans
Central Business District / French Quarter Improvements Construction Update
The Department of Public Works is currently performing construction in the Central Business District & French Quarter. The current focus…
Read MoreSWIFT LIFT: TAYLOR SWIFT TO MAKE MASSIVE IMPACT ON LOCAL ECONOMY
… Ready for it? In two weeks, Taylor Swift will be making her way to Downtown New Orleans, and with her, she…
Read MoreNearly $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
9.2M
square feet of Class A office space
#1
Largest Employment Center in Louisiana
$104,934
Median Household Income of a Downtown Resident
6,300
Apartment and Condo Units, 1,000+ Delivered Since 2019
1,206
Registered Businesses (2023)
235
Retail Stores
251
Restaurants & Bars
115
Hotels
22,399
Hotel Rooms
21+
Arts Galleries
9+
Museums
10
Parks and Open Spaces
The Heart of a Region with
1.2 Million People
131.7K
People in Downtown on a Given Day (2023)
35.6M
Visits to Downtown (2023)
2.5M
Visitors Attracted to Downtown by Sporting and Cultural Events Annually
Commercial Space
Office Building Occupancy Rate
81.9%
Downtown Class A Space
87.6%
Downtown Class B Space
Office Building Rental Rate
$20.94
CBD Class A ($/SqFt)
$20.88
CBD Class B ($/SqFt)
Residential Space
6,300
Apartments/Condos
$195 K
Condo/Townhouse Avg. Price
$2.40
Apartments Average Rent ($/SqFt)
$1,957
Apartment Average Rent