Terrytown, Louisiana Commercial Real Estate 1 Listing

Terrytown, Louisiana: A Premier Destination for Commercial Real Estate

Introduction

Terrytown, Louisiana, located just across the Mississippi River from New Orleans, offers a unique blend of commercial real estate opportunities. As a suburb of New Orleans, Terrytown benefits from its proximity to one of the largest metropolitan areas in the state while maintaining its own economic identity. The city's commercial real estate (CRE) market is driven by diverse industries, including logistics, healthcare, and retail, making it a strategic location for investors and businesses alike.

Economic and Industry Overview

Terrytown's economy is primarily supported by logistics, healthcare, and retail sectors. The presence of these industries creates significant demand for various commercial property types, such as industrial, office, and retail spaces. The Greater New Orleans region, including Terrytown, is supported by economic development initiatives like Greater New Orleans, Inc., which focuses on advancing the area's economic competitiveness. These efforts contribute to a thriving CRE market, with increased interest in logistics facilities and healthcare offices.

Strategic Location and Transportation Infrastructure

Terrytown's strategic location near New Orleans ensures excellent transportation and logistics advantages:

Highways: The city is accessible via U.S. Route 90 and Louisiana Highway 23, connecting it efficiently to regional and national markets.
Ports: Proximity to the Port of New Orleans enhances distribution capabilities for import/export businesses.
Airports: Louis Armstrong New Orleans International Airport is a short drive away, offering both passenger and cargo services.
Rail Lines: Direct rail connections are available, facilitating efficient freight movement.

These infrastructure elements support the logistics industry, making Terrytown an attractive option for distribution centers and warehouse facilities.

Commercial Real Estate Inventory & Zoning

Terrytown's CRE inventory includes a variety of submarkets:

Industrial Corridors: Areas near the port and highways are prime locations for industrial properties.
Retail Hubs: Shopping centers and retail strips cater to a growing population and tourism influx from nearby New Orleans.
Office Spaces: Mixed-use developments offer modern office solutions.

Recent zoning changes have introduced incentives for developers, fostering growth in innovation districts. For more information, visit the Jefferson Parish Zoning Map.

Major Employers and Institutions

Key employers in Terrytown and nearby areas drive CRE demand:

Ochsner Health System: A leading healthcare provider.
Jefferson Parish Government: Administrative and office space needs.
Local Retail Chains: Significant demand for retail real estate.

For a complete list of major employers, visit the Jefferson Parish Economic Development Commission.

Notable Commercial Developments & Projects

Significant developments include:

Mixed-Use Projects: Blending residential, retail, and office spaces for a holistic community approach.
Opportunity Zones: Offering tax incentives for investment in designated areas.

Details on ongoing projects can be found through the Jefferson Parish Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development, Terrytown provides several resources:

Market Data & Economic Reports

Access comprehensive market data and economic reports through public resources like census.gov and the Jefferson Parish Open Data Portal. Brevitas utilizes AI-powered aggregation from these sources, offering detailed insights through Brevitas Dashboards.