Downtown By The Numbers

Over $7.6 Billion

Investments Since 2005
(plus approximately $275 million in Charity Hospital with remediation beginning now and construction commencing in 2021)

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