Construction has commenced on the new Shell Plaza, an 8-story Class A office building located in the River District of New Orleans. The development marks the first major downtown office construction since 1989, providing a new Gulf of Mexico headquarters for Shell. This significant milestone was reported on January 19, 2026.
The ground-breaking of Shell Plaza, situated near 1600 Convention Center Blvd, signals a pivotal moment for the River District. The building, developed by Cypress Equities and Lauricella Land Co., will span approximately 124,000 square feet. The project’s design is led by Gensler, with Cushman & Wakefield handling the leasing negotiations. Shell will anchor the building, reducing leasing risks and potentially transforming leasing and development dynamics in the district.
While the construction phase of Shell Plaza is currently focused on infrastructure work, the timing for vertical construction and the building’s completion is set around the 2026-2027 timeframe. Details regarding the project’s full funding and permits remain unverified, as specific incentives or financial packages have not been disclosed.
The office’s development is anticipated to influence regional real estate by showcasing a renewed demand for institutional office space. It will also impact city infrastructure and traffic patterns while opening potential retail and development opportunities in the River District and the surrounding Convention Center area.
As the project progresses, stakeholders and local officials are expected to provide more detailed updates on financing, lease agreements, and community effects. The commencement of Shell Plaza is a crucial step in diversifying the area’s real estate offerings beyond hotels and hospitality.
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