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October 07.2025
2 Minutes Read

Discover Key Economic Insights: New Orleans Business Week-in-Review

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Highlights from This Week in New Orleans Business

The week of September 22-26 brought significant developments for business leaders across Greater New Orleans. Notable stories included progress in regional infrastructure, housing initiatives, and workforce development—key elements shaping the local economy.

Port NOLA’s Groundbreaking Environmental Stewardship

One of the standout stories comes from the Port of New Orleans. The Louisiana International Terminal has achieved a historic milestone as the first new container terminal in the U.S. to register with Envision. This certification underscores Port NOLA’s leadership in pursuing infrastructure that emphasizes not just economic growth but also environmental sustainability. With a focus on social responsibility, this project promises to enhance the resilience of Louisiana’s economy long-term.

Innovative Housing Solutions with Riverside Retreat

September 24 saw the grand opening of the Riverside Retreat, marking a significant step in non-military housing initiatives in the Federal City. This new mixed-use, independent senior living community features 70 units and has been constructed to the Fortified Gold standard—ensuring durability against severe weather, a key consideration for Southern Louisiana.

Training for the Future: Delgado Community College and Toyota

Education and workforce development are pivotal for the local economy, and Delgado Community College is stepping up in this arena. Their recent collaboration with Gulf States Toyota showcased the latest technology in the automotive sector, particularly as Delgado expands its curriculum to include high-voltage vehicle training. This initiative not only prepares students for emerging job markets but also strengthens the Gulf Coast’s workforce pipeline.

Louisiana Ranks Among the Best for Business

In positive news for the state’s business environment, Louisiana has been ranked No. 9 by Area Development Magazine in its 2025 survey of the best states for business. This ranking reflects the concerted efforts by local leaders to promote initiatives that foster economic development, making Louisiana an attractive location for businesses looking to grow.

Additional Highlights

The week also featured several important stories, such as:

  • JPMorgan Chase appointed a new manager for Louisiana & Mississippi to enhance regional banking services.
  • A bipartisan bill, the TWICE Bill, is pushing for further workforce gains, promising a positive impact on labor markets.
  • North Oaks celebrated a $50 million expansion, underlining ongoing investments in healthcare infrastructure.
  • The Children’s Museum held its 27th Annual Fundraising Gala to support family-friendly initiatives in the area.
  • The Convention Center has initiated a new conference series, “Rhythm & Algorithm,” focusing on technology and entertainment.

Join the Conversation!

If you find these insights valuable and want to keep your finger on the pulse of New Orleans business, consider joining the New Orleans Local Unplugged community on Facebook and YouTube for exclusive content that dives deeper into local developments and opportunities.

New Orleans Business Spotlight

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11.06.2025

New Orleans Business News: Innovations, Leadership Changes, and Economic Growth

Update The Latest Business Developments in New Orleans This past week in New Orleans showcased a flurry of activity from businesses looking to expand and innovate. EquipmentShare made headlines by opening its ninth Louisiana branch in St. Tammany Parish, forming part of a significant $187 million expansion plan. This not only increases EquipmentShare's Louisiana presence to 13 locations but aims to create 120 new jobs for the local community. Such expansions highlight the growing confidence in the local economy, as businesses take advantage of opportunities in a recovering market. Measuring Growth: The Role of Data The Startup NOLA Monthly Meetup, co-hosted by The Idea Village and New Orleans Startup Fund, emphasized the importance of data in raising capital for budding startups in the region. The conversation underscored how valuable insights from robust startup data can guide future investments and nurture a thriving local venture ecosystem. The participation of local entrepreneurs reflects a unified front toward fostering growth and innovation, reinforcing the narrative that New Orleans is a contender on the national innovation stage. Healthcare Expansion: Civic Responsibility Meets Business In a heartening community move, the Manning Family Children’s organization celebrated the grand opening of its first ThriveKids clinic in New Orleans East. This expansion does not only cater to the healthcare needs of the community but also signifies a commitment to enhancing local healthcare services amidst a continuous push for corporate social responsibility amongst businesses. The clinic's services aim to bridge gaps in children's health care and represents how local business initiatives can effectively respond to community needs. Leadership Changes and Its Impact Leadership transitions provide fresh perspectives and opportunities. This week saw notable shifts, with DoubleTree appointing a new General Manager and St. Bernard Parish Hospital appointing a new CEO. These changes can potentially infuse new strategies essential for navigating the challenges businesses face in a fast-evolving economic landscape. Keeping an eye on who is leading local businesses becomes increasingly important as these leaders shape the future direction of the economy. Broader Trends in New Orleans The week also featured broader trends pointing towards increased tourism and economic development. Initiatives like the Cruise, Air & Rail Expansions are set to uplift the travel sector within New Orleans by 2026, promising a vibrant influx of visitors. The launching of a $150 million FastSites Fund indicates a proactive approach to enhance infrastructure and support local businesses. Furthermore, economic buzz from the New Orleans region has captured attention, with several initiatives aimed at attracting investment, improving infrastructure, and boosting local startups, as emphasized in the recent presentations by state economic leaders. Louisiana's potential has never been more vibrant, bolstered by a comprehensive set of new initiatives rolled out by Governor Jeff Landry. His plan aims to foster a business-friendly environment where investments translate into job growth and economic stability. As local leaders embrace these opportunities, momentum continues to build toward a hopeful recovery. If you enjoyed this story, why not stay connected? Join New Orleans Local Unplugged on Facebook and YouTube for exclusive local information. @neworleanslocalunplugged

10.27.2025

Unlocking New Opportunities: Louisiana’s $150M FastSites Fund for Businesses

Update Louisiana's New Economic Catalyst: FastSites Fund In a bold step towards sustainable growth, Louisiana Economic Development has introduced the FastSites initiative, backed by a $150 million investment. This fund aims to transform land development and existing infrastructure into ready-to-go sites, positioning Louisiana as a prime location for new businesses. The FastSites initiative not only seeks to create economic opportunities but also aims to enhance the region's competitiveness on a broader scale. What is FastSites and Why Does It Matter? FastSites is designed to give a significant boost to local and regional partners, expanding the inventory of development-ready assets that are crucial for attracting business. According to Ileana Ledet, Chief Economic Competitiveness Officer at LED, this model aligns government efficiency with private-sector speed—a combination that has the potential to meet the demands of global investment while bolstering community infrastructure. Funding Mechanics and Project Requirements The funding can be tailored as forgivable loans, performance-based partnerships, or infrastructure investments, allowing flexibility based on each project's strategic potential. Importantly, projects seeking support must show measurable returns, leverage private capital, and commence construction within nine months—setting a high standard for accountability and performance. Application Period: Don’t Miss Out! The inaugural funding application period opens on October 30 and will run until December 15. This initiative is available for public entities such as economic development organizations, municipalities, and redevelopment authorities, as well as privately owned sites that meet certain criteria designed to encourage local investment. A Webinar to Illuminate the Path Forward On October 27 at 2:00 p.m., LED will host a webinar to guide potential applicants through the FastSites program and its application process. This will be an invaluable opportunity for those interested in tapping into the fund, providing insights directly from the officials involved in the initiative. Impacting Local Business Leaders For business leaders in New Orleans and throughout Southern Louisiana, the FastSites fund represents more than just financial assistance. It embodies a commitment to fostering innovation and sustainable growth in a region that is on the cusp of significant economic development. By participating in this initiative, local entrepreneurs, real estate developers, and executives can play a crucial role in shaping the future of business in Louisiana. Final Thoughts As Louisiana embarks on this ambitious economic journey, staying informed is key. The FastSites initiative is a chance for business leaders to engage with state resources that could benefit their operations and contribute to the broader economic landscape. If you enjoyed this story, why not stay connected? Join New Orleans Local Unplugged on Facebook and YouTube for exclusive local information.

10.26.2025

Dr. Calvin Mackie: Celebrating his Role as a Champion of STEM Education

Update Dr. Calvin Mackie: A Beacon for Change in STEM Education In the vibrant tapestry of New Orleans, a significant achievement is unfolding that reflects the city's ongoing commitment to innovation and equity in education. Dr. Calvin Mackie, the dynamic CEO and founder of STEM NOLA | STEM Global Action, has been honored as a “Champion of STEM, Class of 2025” by the STEM Learning Ecosystems Community of Practice (SLECoP). This prestigious recognition, part of a decade-long celebration of STEM advocacy, highlights Dr. Mackie's profound impact on STEM education and workforce development. The Journey of Recognition Dr. Mackie’s accolade will be celebrated in a national awards ceremony on October 21, 2025, in Washington, D.C., hosted by Dr. Frederic Bertley, President and CEO of the Center of Science and Industry (COSI). This event not only recognizes the exceptional leaders in STEM but also spotlights the crucial collaborative efforts of educators, business leaders, and nonprofits that drive change across communities. Dr. Mackie's vision - to meet students where they are and empower them to shape their futures - is precisely what this movement embodies. Building the Foundation: STEM NOLA's Impact Founded in 2013, STEM NOLA | STEM Global Action has set a remarkable precedent for community-centered STEM education, engaging over 200,000 K-12 students in innovative programs across more than 2,400 schools. In 2024 alone, the organization reported over 41,000 student participants in events spanning 14 states and 36 cities, including major happenings at iconic venues like Yankee Stadium and Caesars Superdome. This reach demonstrates a monumental commitment to making STEM education accessible and relevant to students, especially those in historically under-resourced communities. Equity as a Driver for Innovation The emphasis on equity is woven deeply into the organization’s ethos. With initiatives like the STEM Fellows program, Dr. Mackie ensures that students receive not just academic support but also mentorship and career readiness skills that are essential for economic mobility. As he often states, “STEM is a vehicle for equity, opportunity, and transformation.” His dream of engaging a million children in STEM activities every Saturday emphasizes the long-term vision of creating a robust generation of innovators. The Broader Impact on the Economy The significance of STEM education transcends the classroom. With a workforce increasingly reliant on technical skills, investing in STEM education directly correlates with local and national economic growth. Organizations like STEM NOLA | STEM Global Action serve as crucial links between education and workforce development, ensuring that students are prepared for the demands of the modern economy. Looking Forward: Fostering Future Innovators As we reflect on Dr. Mackie’s contributions and the recognition he receives, it’s vital to consider the broader implications for New Orleans and beyond. This isn’t merely about one individual; it symbolizes a collective of passionate leaders dedicated to uplifting communities through education. Dr. Mackie’s story is one of perseverance, commitment, and innovation—a reminder that systemic change in education can lead to lasting impacts in our economy and society. If you enjoyed this inspiring story and want to stay updated on local developments, consider joining New Orleans Local Unplugged on Facebook and YouTube for exclusive insights into our vibrant community.

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