DDD Partners with Mayor’s Strike Team
Earlier this week, the DDD was proud to join Mayor LaToya Cantrell in announcing the “Mayor’s Strike Team,” a workforce…
Read MoreThe commercial and residential heart of New Orleans
‘Essence Fest Provides Huge Economic Growth for New Orleans’
“For the city, it’s a much-needed summer economic boost, with downtown hotels and restaurants welcoming thousands of tourists. Tourism leaders…
Read MoreDavon Barbour Featured in Biz New Orleans
DDD President & CEO, Davon Barbour, was recently featured in Biz New Orleans’ New & Notables feature! Click here to…
Read MoreOver $8 Billion
Investments Since 2005
1.2
Walkable Square Miles
Over 85%
of “Vacant and Underutilized Properties” either redeveloped or under development since 2012
8.8M
square feet of Class A office space
62,000
Largest Employment Center in Louisiana
$89K
average household income of a Downtown resident
7,357
apartment and condo units, more than doubled since 2008
45+
National Retailers
243
Retail Stores
249
Restaurants & Bars
63
Sidewalk Cafés
20,747
Hotel Rooms
18
Arts Galleries
5
Museums
7
Parks and Squares
The Heart of a Region with
1.2 Million People
142,764
People in Downtown on a Given Day
17.7M
Annual Visitors to Downtown
2.5M
visitors attracted to Downtown by sporting and cultural events annually
Commercial Space
Office Building Occupancy Rate
88.7%
Downtown Class A Space
70.47%
Downtown Class B Space
Office Building Rental Rate
$20.14
CBD Class A ($/SqFt)
$15.91
CBD Class B ($/SqFt)
Residential Space
$457
Condo/Townhouse Price Range ($/SqFt)
$489 K
Condo/Townhouse Avg. Price
$1.94
Apartments Rate Avg. Price ($/SqFt)
$1,890
Apartment Rents Avg. Price