NEW ORLEANS

ECONOMIC

OVERVIEWLouisiana and New Orleans are

at their highest point, in nearly

every ranking, in history.

NEW ORLEANS ECONOMIC OVERVIEWGreater New Orleans has six key industries.

AIRPORT RE-DEVELOPMENT 2018• $826 million facility located on north side of current property

• 30 total departure and arrival gates, one consolidated checkpoint

• More Food & Beverage options beyond the checkpoints

• 654,440 square foot Terminal and Concourse

• Economic model allows for more daily flights

• Currently operate 138 daily departures by 13 airlines; 42 non-stop destinations

2Q 2013 2Q 2014

U.S. Average Domestic Itinerary Fare 378.00 395.62

Houston Bush, TX 492.29 506.86

Washington Dulles 479.81 495.63

Newark, NJ 474.64 491.42

San Francisco, CA 429.38 440.60

Atlanta, GA 383.05 435.34

Los Angeles, CA 408.64 430.67

Chicago O'Hare, IL 388.91 420.10

New Orleans 353.69 371.45

Source: Bureau of Transportation Statistics, Nov 2014

NEW ORLEANS CONVENTION CENTER RENOVATION

• Recently completed $52 million renovation

• Introduced the Great Hall – 60,000 square foot “hotel-

like” ballroom

• Large outdoor pedestrian plaza, interior and exterior

balconies

• The Great Hall has four divisible sections and a pre-

function area totaling 25,000 square feet

• Lighting package incorporates LED system for

customized presentations

TRI-CENTENNIAL CONVENTION CENTER EXPANSION

• New 1,000+ room 4-star hotel property

• Linear Park along Convention Center Boulevard

• Outdoor entertainment

• New retail and housing options

• Art and Cultural venues

• Revised transportation plan

BIODISTRICT & REGIONAL MEDICAL HUB• BioInnovation Center - $53 million

• Cancer Research Center - $102 million

• Project Legacy Veterans Affairs Hospital - $1.2 billion

• University Medical Center - $1.2 billion

RESTAURANT GROWTH &

CONSUMER/RETAIL INDUSTRIES

• 1,400 restaurants city-wide (in 2005, there were approximately 900

• The Outlet Collection at Riverwalk

• Magazine Street

BIOMEDICAL DISTRICT

CENTRAL BUSINESS

DISTRICT

FRENCH QUARTER

CONVENTION CENTER