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 ...

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. 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, 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'' 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'' 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 in August 2024 and bought by the New York based Triangle Capital Group in November 2024.

References

{{Authority control Skyscraper office buildings in New Orleans Office buildings completed in 1984 HKS, Inc. buildings

Location

History

See also

References