Sunday, September 17, 2023

Biz moves from CBD's center

Shane Guidry, president and owner of the offshore transportation company, Harvey Gulf Marine, has scrapped his plans to build a new corporate headquarters on the site of the former Texas Motel, which he owns, on Airline Drive in New Orleans. 

But Guidry still plans to move Harvey Gulf's HQ from the Hancock Whitney Center to Metairie's Galleria. 

The firm signed a 10-year lease for up to 24,000 square feet of office space for the planned move in mid-2024. 

Guidry’s announcement in May of Harvey Gulf and its 100 employees were leaving downtown New Orleans for Airline Drive was a blow to the CBD and to Orleans Parish economic development officials. 

Harvey Gulf isn’t the only tenant leaving the Whitney center's iconic high-rise and largest office building in 2024.

Shell announced it will relocate its 800 employees from the Poydras Street building for a new, custom-built mid-rise in the River District development. 

Together, Shell and Harvey Gulf occupy about 25% of the total office space at the center

The Hancock Whitney Center, once known as One Shell Square, has been owned by California-based Hertz Investment Group since 2015. A local leasing agent for Hertz said the firm will be evaluating its options and was caught off guard by Shell’s announcement. (NOLA.com 09/15/23) Shane Guidry scraps plans for move to Airline Drive | Business News | nola.com

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