The DDD is Your Partner from the ground up. The professional staff of the Downtown Development District offers project facilitation, expertise, contacts and an access point for the array of economic development tools, incentives and programs available.
Downtown is Growing
Downtown is experiencing continued growth and real estate development opportunities still exist to take advantage of the rich architectural fabric of the economic center in New Orleans. Downtown currently boasts 93 residential developments totaling 7,801 apartments and condos. There are 67 hotels with 21,613 hotel rooms. Downtown recently welcomed two significant new real estate projects, the Four Seasons New Orleans, recently redeveloped out of the former World Trade Center, and the newly construct Virgin Hotels.
Business & Industries
New Orleans, with a unique opportunity to restructure its economy in the wake of Hurricane Katrina, embraced the cutting-edge industries that rely on highly-committed, enthusiastic thinkers who are ready to move past brick and mortar. These industries, Digital Media, Arts-based businesses, and the Biosciences, are at the frontier of the new American economy, and companies in this industry are uniquely equipped to serve their customers from anywhere in the world using digital communication. This versatile new economy is perfect for a versatile “new” New Orleans.
Downtown Office Space & Opportunities
Downtown New Orleans offers an affordable Class-A office market totaling 8.9 million square feet. Office buildings are primarily clustered along the Poydras Street corridor, but towers can also be found on Canal Street, Saint Charles and Loyola Avenues.
Since 2007, the Downtown Development District has managed robust retail attraction and development effort. Within its retail program, the DDD will assist local, regional and national retailers with site selection, permitting, HDLC regulations, connections with local brokers, real estate managers and property owners and with construction firms and architects. The retail effort also actively researches and pitches Downtown New Orleans to the industry. The DDD attends ICSC (International Council of Shopping Centers) events each year. The organization is at the forefront of property trends in Downtown, is keenly focused on the Canal Street historic core and manages the Canal Street Merchants Association.