Broadmoor LLC has filed permits for a significant office and conference center build-out at 300 Henderson St. in the Lower Garden District. The $19.93 million project spans approximately 101,020 square feet, as confirmed by recent permit filings in the New Orleans CityBusiness Top Permits list.
The development marks a substantial private investment that is set to transform the office landscape and affect tenant demand in this downtown-adjacent area. Broadmoor LLC, listed as the project owner and developer, is moving forward with what appears to be an interior build-out, emphasizing office and conference space rather than structural modifications.
This project reflects strong private-sector confidence in the downtown recovery, a crucial indicator for industry players such as brokers, lenders, and developers keeping an eye on emerging market trends. The addition of a conference center is expected to drive daytime activity, boosting demand in local retail and hospitality sectors.
Currently, there is no confirmed timeline for construction milestones, such as start or completion dates, nor any named tenants for the space. Further confirmation from Broadmoor LLC or the city permitting office could provide more details on the scheduling and project scope.
This significant office and conference development underscores a major shift in the Lower Garden District’s commercial real estate dynamics, potentially influencing office supply and leasing conditions across the area.