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re: Shell to move NOLA offices to River District
Posted on 9/15/23 at 2:01 am to GeorgeReymond
Posted on 9/15/23 at 2:01 am to GeorgeReymond
That's sad for the CBD. But I've wondered for 20+ years why that area by Market Street was so underdeveloped. It has so much potential.
0
Posted on 9/15/23 at 7:53 am to jordan21210
quote:
Idk what they should do with Zephyr field but if the new USL team gets put over there, they’ll fail. I think it’s pretty much build this new stadium or bust.
How are they gonna attract families playing downtown?
Posted on 9/15/23 at 8:36 am to chalmetteowl
quote:
How are they gonna attract families playing downtown?
?
Same way the Saints and Pelicans attract families playing downtown.
No one wants to drive to the Shrine to watch anything. There is nothing else to do in that area besides whatever game you’re attending.
Posted on 9/15/23 at 8:40 am to GeorgeReymond
frick shell norco.
Posted on 9/15/23 at 8:53 am to Shexter
12 foot ladder.
Look it up. Allows you to get past 99% of paywalls.
I use it daily.
Look it up. Allows you to get past 99% of paywalls.
I use it daily.
Posted on 9/15/23 at 9:29 am to Napoleon
If the NFL mandates grass fields in the future I could see the SKC being torn down for that land to have the turf out on when not in use. Granted that will be an enormous project but I would think the dome could be setup to have the turf move in and out.
Posted on 9/15/23 at 11:33 am to jordan21210
quote:
No one wants to drive to Zephyr Fieldto watch anything. There is nothing else to do in that area besides whatever game you’re attending.
FIFY
Posted on 9/15/23 at 12:58 pm to GeorgeReymond
Is that waterfront park where part of the port is located right now ?
Posted on 9/15/23 at 11:22 pm to Play_Neck
Fox 8: "Real Estate Experts call move of two big businesses a devastating blow to the CBD"
Commercial real estate experts said two major companies in New Orleans moving out of the tallest building in the state would be a devastating blow to the CBD.
“It’s just hard to see the buildings be so empty and all the large corporations and businesses pulling out. It’s not helping everyone that’s staying,” said Paul Tufaro, owner of Empire State Delicatessen.
Paul Tufaro said his saving grace is delivery through third-party apps.
“Things have been on the steady decline since the pandemic starting since everything’s been moving to remote. It’s been one of those situations where we’re seeing a lot more businesses go than arrive, so it is causing a strain on small businesses down this way,” Tufaro said.
Real Estate Analyst Arthur Sterbcow said he doesn’t foresee any large businesses of the same size move into the region.
“Anything’s possible. But we have not been really attractive. Unfortunately, our tax laws are not as competitive,” Sterbcow said.
Sterbcow said it’ll impact property value for surrounding landlords.
He said there are many reasons people are moving out of downtown.
They need more or less space, a different floorplan, cost plays a big roll and so does crime.
Sterbcow told Fox 8 no matter where companies go, they’re faced with already high and rising commercial insurance rates.
“Just scratching their heads that they’re absolutely having a real tough time getting renewals on their, on their office, and retail spaces,” Sterbcow said.
Commercial real estate experts said two major companies in New Orleans moving out of the tallest building in the state would be a devastating blow to the CBD.
“It’s just hard to see the buildings be so empty and all the large corporations and businesses pulling out. It’s not helping everyone that’s staying,” said Paul Tufaro, owner of Empire State Delicatessen.
Paul Tufaro said his saving grace is delivery through third-party apps.
“Things have been on the steady decline since the pandemic starting since everything’s been moving to remote. It’s been one of those situations where we’re seeing a lot more businesses go than arrive, so it is causing a strain on small businesses down this way,” Tufaro said.
Real Estate Analyst Arthur Sterbcow said he doesn’t foresee any large businesses of the same size move into the region.
“Anything’s possible. But we have not been really attractive. Unfortunately, our tax laws are not as competitive,” Sterbcow said.
Sterbcow said it’ll impact property value for surrounding landlords.
He said there are many reasons people are moving out of downtown.
They need more or less space, a different floorplan, cost plays a big roll and so does crime.
Sterbcow told Fox 8 no matter where companies go, they’re faced with already high and rising commercial insurance rates.
“Just scratching their heads that they’re absolutely having a real tough time getting renewals on their, on their office, and retail spaces,” Sterbcow said.
This post was edited on 9/15/23 at 11:24 pm
Posted on 9/16/23 at 8:59 am to GeorgeReymond
Imagine if Hancock Whitney didn’t renew their lease in that building…
Posted on 9/16/23 at 9:17 am to GeorgeReymond
quote:
Shell will relocate the headquarters of its Gulf of Mexico operations from its longtime home on Poydras Street
Spent many of my childhood days at One Shell square, my father had an office there for 20yrs or so.
Posted on 9/16/23 at 1:08 pm to Big Block Stingray
It’s a beautiful building. Hopefully Hancock-Whitney don’t relocate or get bought out.
Posted on 9/19/23 at 5:39 pm to MrLSU
NOLA
“Nearly 10 months after LCMC Health purchased Tulane Medical Center, LCMC CEO Greg Feirn said he expects the planned move of some 500 Tulane physicians and medical residents from the downtown hospital to East Jefferson General Hospital will be completed in January.“
“Nearly 10 months after LCMC Health purchased Tulane Medical Center, LCMC CEO Greg Feirn said he expects the planned move of some 500 Tulane physicians and medical residents from the downtown hospital to East Jefferson General Hospital will be completed in January.“
Posted on 9/19/23 at 5:47 pm to MrLSU
quote:
the FTC has frowned on large hospital mergers, saying they raise antitrust concerns by reducing competition and driving up costs.
quote:
LCMC argues it did not need FTC approval of the purchase because Louisiana law gives regulatory oversight of hospital consolidations to the state attorney general, who approved the deal last December.
Jeff Landry bought again.
Posted on 9/19/23 at 7:48 pm to fightin tigers
Really sucks because that’s over 500 people leaving the CBD. Downtown can’t afford more of this.
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