New Orleans Business News
Discover the vibrant economic landscape of New Orleans, LA, on our Business News page, your ultimate resource for the latest updates and insights in the Crescent City’s dynamic business community. Delve into articles on entrepreneurship, economic development, and industry trends that shape New Orleans’ diverse economy, from tourism and hospitality to technology and maritime. Stay informed about local startups, major corporate investments, and innovative business strategies driving growth in the region. Our coverage includes expert analysis of market trends, profiles of influential business leaders, and in-depth reports on the policies that impact enterprises in the Greater New Orleans area. Whether you’re an investor, entrepreneur, or business enthusiast, our New Orleans Business News page is your gateway to understanding the opportunities and challenges in this culturally rich and economically evolving city.
BUSINESS NEWS
New Orleans Office Market Shows Resilience Amid Challenges
News Summary The New Orleans office market has demonstrated resilience despite the ongoing challenges posed by the COVID-19 pandemic and the rise of remote work. The latest 2024 Greater New...
New Orleans Office Market Shows Resilience in 2024
News Summary As we approach the end of 2024, New Orleans’ office market continues to demonstrate resilience, with downtown occupancy rates holding steady at 79%. Excluding long-vacant buildings, the occupancy...
Mail Delivery Returns to Normal in New Orleans
News Summary After a significant winter storm caused disruptions, the United States Postal Service (USPS) in New Orleans announces a return to normal mail operations starting January 23. Improved weather...
New Orleans Welcomes the MICHELIN Guide
News Summary New Orleans is set to make its debut in the MICHELIN Guide, marking an important development for the culinary landscape of the American South. This expansion, which will...
Uptown New Orleans Home Lists for $1.575 Million
News Summary A stately home located at 1214 Jefferson Avenue in Uptown New Orleans has been listed for $1.575 million. This stunning property combines classic charm with modern amenities, featuring...
New Orleans Entrepreneur Week Returns to Celebrate Innovation
News Summary New Orleans is abuzz as Entrepreneur Week makes its comeback at Loyola University. Featuring over 100 speakers, the event highlights local startups like JammAround and initiatives such as...
New Orleans Business Landscape Thrives in 2024
News Summary The business scene in New Orleans is experiencing significant growth in 2024, with enhancements in tourism, job opportunities, and innovative entrepreneurship. Recent reports highlight a booming tourism sector...
Shreveport Marks 47 Months of Job Growth
News Summary Louisiana celebrates 47 consecutive months of employment growth, with Shreveport alone adding 2,300 jobs in the past year. The state’s non-farm job count has reached 1.9 million, with...
New Orleans Bars Brace for Impact from Proposed Tariffs
News Summary The proposed tariffs on alcohol imports by President Trump threaten the New Orleans bar scene, particularly affecting champagne prices. Patrick’s Bar Vin could see a revenue dip, as...
Finance
New Orleans Office Market Shows Resilience in 2024
News Summary As we approach the end of 2024, New Orleans’ office market continues to demonstrate resilience, with downtown occupancy rates holding steady at 79%. Excluding long-vacant buildings, the occupancy...
New Orleans Business Landscape Thrives in 2024
News Summary The business scene in New Orleans is experiencing significant growth in 2024, with enhancements in tourism, job opportunities, and innovative entrepreneurship. Recent reports highlight a booming tourism sector...
New Orleans Firm Secures $210 Million Fundraise
News Summary Carr’s Hill Capital Partners, based in New Orleans, has successfully raised $210 million in its inaugural fund, surpassing its original target of $175 million. The firm, which focuses...
Rising Insurance Costs and Economic Uncertainty Impact New Orleans Housing Market
News Summary New Orleans is facing significant challenges in its housing market due to rising insurance costs and economic uncertainties. The median home price gap is widening, exacerbated by potential...
New Orleans Residents Rally Against Proposed Hotel Development
News Summary Residents of New Orleans’ Faubourg Marigny neighborhood are uniting against the proposed five-story hotel, The Elysian, fearing it could disrupt the historic character of their community. Over 600...
New Orleans City Council and Mayor at Odds Over Finances Before Mardi Gras
News Summary As Mardi Gras approaches, the New Orleans City Council and Mayor LaToya Cantrell are embroiled in a financial dispute. The mayor has cast doubt on the city’s ability...
New Interactive Storefront Opens in New Orleans
News Summary Entergy Corporation has launched a new interactive storefront at JA BizTown in New Orleans, aimed at educating children about finance and business. The storefront will provide hands-on learning...
Carr’s Hill Capital Partners Expands Its Team in New Orleans
News Summary Carr’s Hill Capital Partners (CHP) has welcomed two new team members, Amy Cohen and Devin Lockett, to strengthen its presence in the lower middle-market sectors. Amy, the new...
CONSTRUCTION
New Orleans Office Market Shows Resilience Amid Challenges
News Summary The New Orleans office market has demonstrated resilience despite the ongoing challenges posed by the COVID-19 pandemic and the rise of remote work. The latest 2024 Greater New...
2024 Greater New Orleans Jobs Report Highlights Economic Shifts
News Summary The 2024 Greater New Orleans Jobs Report reveals significant employment trends, highlighting growth in sectors like digital media and healthcare while addressing challenges in traditional industries such as...
Transformative Redevelopment at 1010 Commons St. in New Orleans
News Summary New Orleans is set to undergo significant changes with the redevelopment of 1010 Commons St. in the Central Business District. A $76 million renovation will convert the office...
New Orleans Embraces a New E-commerce Aggregates Platform
News Summary Benson Capital Partners invests in Hello Gravel, a revolutionary e-commerce platform poised to transform how aggregates like gravel and sand are purchased in New Orleans. Targeting a diverse...
LEMOINE Achieves Landmark $1 Billion in Revenue
News Summary LEMOINE has celebrated a remarkable milestone by surpassing $1 billion in annual revenue for the first time. This 76% year-over-year increase showcases the growth of the construction industry...
Carr’s Hill Capital Partners Expands Its Team in New Orleans
News Summary Carr’s Hill Capital Partners (CHP) has welcomed two new team members, Amy Cohen and Devin Lockett, to strengthen its presence in the lower middle-market sectors. Amy, the new...
Revitalization Projects Transform Downtown New Orleans
News Summary New Orleans’ Downtown Development District has announced the successful completion of three revitalization projects: the French Doors Project, Light Up Lafayette Street, and BioDistrict Landscaping. These improvements aim...
New Orleans Focuses on Infrastructure Revitalization
News Summary New Orleans has launched an ambitious $2.4 billion infrastructure recovery program aimed at rebuilding 400 miles of essential infrastructure, including street resurfacing and sewer upgrades. Managed by CDM...
River District Development Transforming New Orleans
News Summary New Orleans is set to undergo a significant transformation with the $1 billion River District development, which includes a $30 million investment for infrastructure-related work. The project promises...
Marketing
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Real Estate
New Orleans Office Market Shows Resilience Amid Challenges
News Summary The New Orleans office market has demonstrated resilience despite the ongoing challenges posed by the COVID-19 pandemic and the rise of remote work. The latest 2024 Greater New...
New Orleans Office Market Shows Resilience in 2024
News Summary As we approach the end of 2024, New Orleans’ office market continues to demonstrate resilience, with downtown occupancy rates holding steady at 79%. Excluding long-vacant buildings, the occupancy...
Uptown New Orleans Home Lists for $1.575 Million
News Summary A stately home located at 1214 Jefferson Avenue in Uptown New Orleans has been listed for $1.575 million. This stunning property combines classic charm with modern amenities, featuring...
Transformative Redevelopment at 1010 Commons St. in New Orleans
News Summary New Orleans is set to undergo significant changes with the redevelopment of 1010 Commons St. in the Central Business District. A $76 million renovation will convert the office...
Kenner City Council Rejects Esplanade Mall Subdivision Request
News Summary The Kenner City Council has unanimously rejected a proposal to subdivide the Esplanade Mall, which has seen a decline in activity. The council believes maintaining the mall as...
New Orleans Faces Standstill in Affordable Housing Efforts
News Summary New Orleans is grappling with the repercussions of a federal grant funding freeze that hampers efforts in affordable housing and climate initiatives. Xavior Estates, which focuses on low-income...
Rising Insurance Costs and Economic Uncertainty Impact New Orleans Housing Market
News Summary New Orleans is facing significant challenges in its housing market due to rising insurance costs and economic uncertainties. The median home price gap is widening, exacerbated by potential...
New Orleans Celebrates Merger of Historic Preservation Groups
News Summary Two prominent nonprofit organizations, Save Our Cemeteries (SOC) and the Preservation Resource Center (PRC), have merged to boost efforts in preserving New Orleans’ historic sites. The merger, announced...
Historic French Quarter Building Housing Mona Lisa Restaurant Listed for Sale
News Summary A historic building that houses the iconic Mona Lisa Restaurant in New Orleans’ French Quarter has been listed for sale at $2.4 million. Dating back to 1830, the...
