Industry News

Around town

"For every one dollar that the state of Louisiana spends on UNO, the university generates about another $17. Quite simply, that is a staggering rate of return"

UNO President John Nicklow, speaking about the university’s new economic impact study, conducted by its Division of Business and Economic Research. The study found UNO’s impact on the eight-parish New Orleans metro area during the 2014-2015 fiscal year to be $470.1 million.

 

 

- Sponsors -

 

 

 

- Partner Content -

Sunni LeBeouf

Black History Month Spotlight This Black History Month, Cox Communications is proud to recognize Sunni LeBeouf for her prolific record of professional achievement, civic philanthropy,...

 

 

 

- Sponsors -

Jefferson Parish in 2015
 

Population: 433,401

Median Household Income: $46,302

Civil Labor Force: 220,772

Average Annual Wage: $47,758

Unemployment Rate: 5.8%

Residential Construction Permits Issued: 2,158
   Value: $105,266

Commercial Construction Permits Issued: 926
   Value: $145,816

SOURCE: JEDCO 2015 Annual Report


 


Louisiana cities with access to the Best 401(k) Benefits Plans

(According to a recent SmartAsset study)
 


 


COMING SOON
 

UNO Digital Animation Studio

The University of New Orleans has received a $94,728 grant from the Louisiana Board of Regents to build a digital animation studio. The studio — an 11-station laboratory housed at Earl K. Long Library — is expected to be available to students in the spring of 2017 and will serve to better equip them for jobs in animation and special effects. In the New Orleans metro area, the annual mean wage for people working in that field is nearly $73,930.
 


New Destinations from MSY
 

Clearwater, Florida (Allegiant Air) service currently underway twice weekly

Frankfurt, Germany (Condor) twice weekly from May 3 to September 27, 2017

Destin-Fort Walton Beach, Florida (GLO Airlines) daily service begins June 24
 


Recent Openings
 

Pontchartrain Hotel

On June 17, the famed Pontchartrain Hotel at 2031 St. Charles Avenue in New Orleans’ Garden District reopened. A project of AJ Capital Partners and John Besh’s Our House Hospitality, the 106-room hotel was built in 1927 and played host to prominent figures including Frank Sinatra and Tennessee Williams, the latter of which wrote “A Streetcar Named Desire” while living in the hotel.

 

SVN | Graham, Langlois & Legendre

Commercial real estate brokerage firm SVN | Graham, Langlois & Legendre, out of Baton Rouge, opened its first office location in New Orleans June 1 at 139 Enterprise Drive in Gretna. Having quadrupled in size in less than two years, this past April, SVN became the third largest CRE firm in Baton Rouge.


 


California Building
 

On June 28, Malin Construction celebrated the grand opening of the California Building at 1111 Tulane Avenue. Among the oldest International Style buildings in New Orleans, the former 10-story office building has been revitalized as a mixed use building with retail space on the first floor and 167 luxurious residential units.


 


Select Laboratory Software
 

On June 6, North Carolina-based Select Laboratory Software announced the company’s expansion into New Orleans with an office on 650 Poydras Street. SLS develops cloud-based medical laboratory software used in toxicology and clinical laboratories across the country. The company is expected to hire up to 25 people, with the first five to 10 to start by the close of this year.


 


We’d love to include your business-related news in next month’s Biz Bits.
Please email details to Editorial@BizNewOrleans.com.


 

Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter