The Fairmont brand is returning to New Orleans.
In a news release on Tuesday (Jan. 30), Fairmont Hotels & Resorts and Louisiana-based developer Kailas Companies announced a downtown redevelopment project of 1010 Common Street.
Set to open in summer 2025, the hotel is destined to become “an illustrious destination” in the Central Business District, one block from the city’s French Quarter, the release says.
“Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market,” stated Omer Acar, CEO of Fairmont. “The city emanates an undeniable energy, with incredible heritage and culture at its core, which is a perfect fit for the iconic Fairmont brand. The unique character and vibrancy of New Orleans will be front and centre in the varied venues and guest experiences we are imagining for this magnificent hotel.”
The redevelopment project will transform the former Bank of New Orleans Building, a 31-story skyscraper and the city’s 10th tallest building, located at 1010 Common Street in the Central Business District.
The project “marks one of the largest private investments in New Orleans in recent years,” noted C. Mohan Kailas of Kailas Companies LLC.
Location is key. The hotel will stand directly between Bourbon Street and the New Orleans Superdome.
250 luxury suites
Completed in 1971 and originally designed by architects Skidmore Owings & Merrill, famed for the Willis Tower in Chicago and One World Trade Center in New York, the building is an example of international style architecture and is listed on the National Register of Historic Places.
Fairmont New Orleans will occupy 18 stories within the building, offering 250 luxury guest rooms, including 40 suites ranging from one-bedrooms to specialty suites.
There will be three food and drink venues throughout the property, including an all-day-dining restaurant, a lobby lounge, and a rooftop bar and speakeasy overlooking a swimming pool with views of the city.
The hotel will also offer more than 20,000 square feet of function space divided between ballrooms, meeting rooms, and a library and business center, with distinctive customizable settings ideal for corporate meetings and social gatherings.
In addition, the property will feature a 10,000 square-foot spa, drawing on the nature, essence and energy of the local surroundings.