2025 DOWNTOWN NOLA AWARDS: NOMINATIONS OPEN
The Downtown Development District (DDD) of the City of New Orleans has officially announced an open call for 2025 Downtown…
Read MoreThe commercial and residential heart of New Orleans
O’KEEFE AVENUE: NOW OPEN TO LIMITED TWO-WAY TRAFFIC
The City of New Orleans recently approved a temporary two-way traffic reconfiguration of O’Keefe Avenue due to the partial collapse…
Read MoreDDD ISSUES RFP FOR PRIVATE SECURITY SERVICES
Notice is hereby given that the DDD has issued a Request for Proposals for Private Security Services within the 160…
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