News

Canal Street Revisited: Stimulating Sustainable Economic Development

Sep 8 2011

A stroll down New Orleans’ iconic Canal Street from the Mississippi River to Rampart Street takes one past a mix of businesses catering mostly to the tourist population: chain hotels, souvenir and discount camera shops, inexpensive eateries lining the street and clothing shops dominate. A glance at the upper stories of the buildings—among them an abundance of breathtaking 19th Century architectural styles— will reveal low occupancy and little activity above the street level retail businesses.

Today, Canal Street is confronted with a cultural and economic dilemma over how to market itself as a vibrant destination for residents, among them newcomers attracted to the live-work-play lifestyle that mixed-use corridors like Canal Street naturally offer. The key to redeveloping Canal Street is to place emphasis on local economic vitality over ephemeral development fads and imported business. Read more.

Filed under: Rebuilding New Orleans