
Allan Katz and Danae Columbus
There was a time when New Orleans was considered a great place to shop. Dozens of stores, most of them located on Canal Street or nearby, filled specific niches in the marketplace and shoppers from across the city, the region and the state came downtown, especially women in white gloves and high heels like Allan’s mother Miriam Pailet Katz, to shop, eat and enjoy the ambiance of New Orleans.
Then came the suburban flight, the rise of Lakewood Shopping Center and the development of Jefferson Parish as the retail center for the metro area, the region and the state. Most of Canal Street went into the dumps and there were only a few first-class stores in all of Downtown.
Now, eight years after Hurricane Katrina, corporate retailers, for the first time in 50 years, are looking at Downtown New Orleans as a “hot” place to invest their money. Continue reading »