DDD ANNOUNCES NEW PRESIDENT & CEO, SETH KNUDSEN
On Tuesday, May 6, 2025, following an extensive national search, the Downtown Development District of the City of New Orleans…
Read MoreThe commercial and residential heart of New Orleans
DDD OFFICES CLOSE FOR GOOD FRIDAY
DDD Offices will be closed on Friday, April 18, 2025, in observance of Good Friday. Regular office hours (9:00 AM…
Read MoreDDD Releases 2025 State of Downtown Report
Downtown Development District is proud to share its 2025 State of Downtown Report with the community, offering a detailed look at…
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
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