"The impact on exploration activity in Louisiana will be much more subdued than in places where the shale plays are very active – North Dakota, Texas and Pennsylvania. Our Tuscaloosa Marine Shale is taking a hit, but there were few active wells there anyway. In the short run, there should be little impact on exploration in the deep waters of the Gulf where exploration companies have 10-year planning horizons and a relatively low, break-even price for oil.”
-Dr. Loren C. Scott, President of Loren C. Scott & Associates, Inc. and Professor Emeritus at LSU, shared his economic forecast at the Jefferson Chamber of Commerce’s Annual Meeting Luncheon at the Crowne Plaza New Orleans Airport on February 3
Two Local Institutions Celebrate 175 Years This Month
Antoine’s Restaurant – the oldest French-Creole fine-dining restaurant in New Orleans – and Abry Brothers – the city’s oldest continually operating enterprise – are both celebrating their 175th anniversaries in March.
The Southern Food and Beverage Museum is currently hosting a special exhibit entitled “175 Years of Antoine’s” to celebrate the culinary giant’s milestone. The exhibit will be on display through June 2015.
Abry Brothers, a commercial and residential construction company, will celebrate with a private anniversary party held at Antoine’s Restaurant on March 21.
– Photos courtesy of Antoine’s Restautant and Emily Abry Barr
Coming Soon
Local grocery chain Langenstein’s will open its third store this fall in River Ridge at the Trading Post Shopping Center – which will be redeveloped and renamed the Langenstein Center. Construction on the 47,000-square-foot shopping center and 25,000-square-foot store began in January.
Langenstein’s is currently located at 1330 Arabella in Uptown and 800 Metairie Road in Old Metairie.
Photo m2 studio
Healthiest Housing Markets
A new study from SmartAsset ranked the healthiest housing markets in Louisiana. The following cities secured their ranking due to the relatively low number of days a home is on the market, the higher-than-average number of years residents live in homes, and the low number of homes sold at a loss
Local Companies Grabbing National Recognition
Windsor Court
The Windsor Court Hotel was named to U.S. News and World Report’s Best Hotels in the USA for 2015.
Windsor Court is the only hotel in the state to make the national list, and took the top spot as both the No. 1 hotel in Louisiana and in New Orleans. It was listed 168th of 172 hotels in the nation to make the cut. The top honor this year went to Rancho Valencia Resort & Spa in Rancho Santa Fe, Calif.
Nelson Wilson Interiors
Houzz, a leading online platform for remodeling and design with more than 25 million monthly users, has awarded local interior design firm Nelson Wilson Interiors its “Best of Houzz” award for the design of a nursery for a private family.
Competition for the award included more than 500,000 home building, remodeling and design industry professionals. Founded in 2001, Nelson Wilson Interiors is located at 421 Central Avenue.
Recent Openings
Dat Dog in Lakeside Mall
Local hot dog favorite Dat Dog made its first foray out of Orleans Parish on Feb. 1, 2015, with the opening of its fourth location inside Lakeside Mall
Biba Isla Salon
On Jan. 15, 2015, Biba Isla Salon opened at 322 Lafayette in New Orleans’ historic Warehouse District. Owned and operated by Biba Isla, a stylist whose ancestors have served as hairstylists in New Orleans since the 19th century, the salon features all-natural products handed down through generations. A portion of each service and tips is donated to St. Jude Hospital.
Martin Wine Cellar
On January 30, 2015, local dignitaries, including Mayor Mitch Landrieu, helped celebrate the grand opening of Martin Wine Cellar as it returned to its original location at 3827 Baronne. The 14,000-square-foot store features wine, spirits, beer, cheese and gourmet foods and includes a 120-seat bistro/deli.
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