January 2024
New Orleans, Louisiana is experiencing a steady increase in property values, due to ongoing revitalization efforts and growing demand for both residential and commercial properties.
Developers plan riverfront park, called The Batture, with food, drinks, and “other mixed-use elements” for Uptown New Orleans.
Stakeholders celebrated the groundbreaking of the River District Neighborhood, an ambitious mixed-use development slated for 40 acres of unused land on the banks of the Mississippi River just upriver from the Morial Convention Center.
New Orleans-based craft brewery Port Orleans Brewing is planning a major expansion with a second facility in old Gretna.
Loop Linen Service, a 94-year-old fourth-generation family-owned full-service Louisiana textile rental company, announced it will invest $15 million to construct a new 55,000-square-foot, state-of-the-art commercial laundry facility.
APM Terminals to develop $500 million container terminal at Plaquemines Port. The initial phase will encompass 200 acres, on-dock rail, and a berth capable of handling the largest ships now traversing the expanded Panama Canal.
Plan to move portion of Melpomene Street for $40M Topgolf complex moves forward. The approval is a big step in the development of a 67,000 SF Topgolf venue in the $1 billion River District.
The new Treasure Chest casino, set to open in spring 2024, is hiring hundreds of workers for Kenner expansion.
Renter demand in New Orleans’ multifamily market is on pace for strongest year since 2014. The market is on track to absorb more than 1,100 apartment units this year and nearly double its 10-year annual average of 578 units.
New Orleans nearly doubles its 10-year average in job gains through November 2023.
