The Energy Centre, located in the
Central Business District
A central business district (CBD) is the Commerce, commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides wit ...
of
New Orleans
New Orleans (commonly known as NOLA or The Big Easy among other nicknames) is a Consolidated city-county, consolidated city-parish located along the Mississippi River in the U.S. state of Louisiana. With a population of 383,997 at the 2020 ...
,
Louisiana
Louisiana ( ; ; ) is a state in the Deep South and South Central regions of the United States. It borders Texas to the west, Arkansas to the north, and Mississippi to the east. Of the 50 U.S. states, it ranks 31st in area and 25 ...
, is a 39-story, -tall skyscraper designed by
HKS, Inc.
HKS, Inc. is an American international architecture firm headquartered in Dallas, Texas (US).
History
The firm was founded in 1939 by Harwood K. Smith.
In 2002, HKS expanded its international presence by opening HKS Arquitectos in Mexi ...
It is the fourth tallest building in both the city of New Orleans and the state of Louisiana.
Location
The Energy Centre is located at 1100
Poydras Street
Poydras Street () is a street that serves as the main artery of the New Orleans Central Business District, in New Orleans, Louisiana. The street is named for Julien de Lallande Poydras. Many of the city of New Orleans' and the state of Louisiana ...
,
New Orleans, LA 70163, at the corner of
South Rampart Street.
A four-story parking garage is adjacent to the tower, one block upriver. The garage is accessible from both Loyola Avenue and South Rampart Street.
History
In November 2003, the building was acquired by Behringer Harvard (TIER REIT) for $68.5 million.
The building experienced minor damage during
Hurricane Katrina
Hurricane Katrina was a powerful, devastating and historic tropical cyclone that caused 1,392 fatalities and damages estimated at $125 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. ...
in August 2005. Some windows near the top of the tower were blown out, however, these windows were mostly false windows that cover the climate control systems on the roof. The ceilings of the overhangs on the street level were badly damaged. Repairs on the building was completed in 2010.
In August 2013, ''
New Orleans CityBusiness
''New Orleans CityBusiness'' is a bi-weekly business newspaper headquartered in Metairie, Louisiana, United States. The newspaper publishes daily content online at neworleanscitybusiness.com.
Launched in 1980, ''CityBusiness'' covers the metr ...
'' reported that
Hertz
The hertz (symbol: Hz) is the unit of frequency in the International System of Units (SI), often described as being equivalent to one event (or Cycle per second, cycle) per second. The hertz is an SI derived unit whose formal expression in ter ...
, a California based company, and unnamed local investors were in the process of buying the Energy Centre, which expected to close in September that year.
In July 2014, ''
Jacksonville Daily Record
The ''Jacksonville Daily Record'', formerly the ''Financial News & Daily Record'', is a weekly newspaper that has been published in Jacksonville, Florida since 1912.
Overview
The ''Daily Record'' primarily publishes urban development
Urban me ...
'' reported that the tower had been purchased by Hertz.
In March 2024, ''
NOLA.com'' reported that the tower became
delinquent
Delinquent may refer to:
* Delinquent (royalist)
In 1643, near the start of the English Civil War, Parliament set up two committees: the Sequestration Committee, which confiscated the estates of the Royalists who fought against Parliament, and ...
after Hertz unable to pay its $56.5 million
mortgage
A mortgage loan or simply mortgage (), in civil law (legal system), civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners t ...
in October 2023. The building was then
foreclosed
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
Formally, a mort ...
in August 2024 and bought by the New York based Triangle Capital Group in November 2024.
See also
*
List of tallest buildings in New Orleans
The city of New Orleans, Louisiana, United States, is the site of 106 completed high-rises, 45 of which stand taller than . The tallest building in the city is Hancock Whitney Center, which rises in the New Orleans Central Business District a ...
*
List of tallest buildings in Louisiana
This lists ranks Louisiana skyscrapers that stand at least 250 feet (76 m) tall, based on standard height measurement. This includes spires and architectural details but does not include antenna masts. An equal sign (=) following a rank indicates ...
References
{{Authority control
Skyscraper office buildings in New Orleans
Office buildings completed in 1984
HKS, Inc. buildings