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Energy Centre

Office, Retail in Louisiana, United States From Wikipedia, the free encyclopedia

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The Energy Centre, located in the Central Business District of New Orleans, Louisiana, is a 39-story, 530 feet (162 m) -tall skyscraper designed by HKS, Inc. It is the fourth tallest building in both the city of New Orleans and the state of Louisiana.[1][2]

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Location

The Energy Centre is located at 1100 Poydras Street,[1][2] New Orleans, LA 70163,[3] at the corner of South Rampart Street.[4]

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.[5]

History

In November 2003, the building was acquired by Behringer Harvard (TIER REIT) for $68.5 million.[6]

The building experienced minor damage during Hurricane Katrina in August 2005. Some windows near the top of the tower were blown out,[7] 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.[8]

In August 2013, New Orleans CityBusiness reported that Hertz, 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.[6] In July 2014, Jacksonville Daily Record reported that the tower had been purchased by Hertz.[9]

In March 2024, NOLA.com reported that the tower became delinquent after Hertz unable to pay its $56.5 million mortgage in October 2023.[10] The building was then foreclosed in August 2024 and bought by the New York based Triangle Capital Group in November 2024.[11]

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See also

References

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