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The Paramount at South Market

611 O'Keefe Ave, New Orleans, LA 70113

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Overview

South Market District is a mixed-use, transit-oriented development combining luxury apartments with retail, restaurants, and entertainment venues in the heart of Downtown New Orleans. The South Market District encompasses a five-block area close to the Superdome and Smoothie King Center. The site connects the Central Business, historic Warehouse/Arts and the Sports/Entertainment Districts. It is also in close proximity to the Convention Center.

Drawing on the rich history of surrounding neighborhoods, South Market merges renowned architecture with contemporary design to create one of the city's most vibrant communities. It is where local boutiques, award-winning restaurants, national retailers, celebrated galleries, and exceptional residences converge for a world-class experience that is uniquely New Orleans.

The Paramount was South Market District’s first residential building and was completed in 2014. The property offers modern living with a unique New Orleans flair amongst its 209 luxury apartments and just under 21,000 sf of first class retail space.

Available for Lease

Suite C-2 
3,392 SF 2nd generation corner restaurant space at South Market. Fully equipped with an open kitchen, large bar, walk-in refrigerator, freezer, and ample storage. Includes outdoor seating. Turnkey opportunity for a quick opening with minimal upfront investment.

Suite C-3
2nd generation fitness studio in excellent condition.

Suite 8
2,102 SF 2nd generation restaurant space in the center of South Market’s main dining corridor on Girod Street. Features an open dining layout plus outdoor seating, open kitchen, large bar, walk-in refrigerator and freezer. Fully built-out, turnkey space offering minimal investment and quick opening.

Lease Spaces

NameRateSFStatusMedia
Suite C-2 (2nd Generation Restaurant)$42 /SF/Year3,392 SFavailable
Suite C-3 (2nd Generation Fitness Studio)$30 /SF/Year2,231 SFavailable
Suite 8 (Second Generation Restaurant)$35 /SF/Year2,102 SFavailable

For Lease

Retail

Secondary Uses: Restaurant, Mixed Use

Lease Rate
$30 - $42 SF/year
Available SF
2,102 - 3,392 SF
Total Available SF
7,725 SF
Building Size
262,515 SF
Acres
1.229 ac
Zoning
CBD-1
Lease Type
NNN
Building Class
A
# of Buildings
1
Floors
5
Year Built
2014
Construction Siding
Brick
Construction Type
Masonry
Submarket
Uptown-Garden District
Property Status
Existing
In Opportunity Zone
Yes
Parish
Orleans
Available
05/01/2025
Listed
02/15/2022
Updated
04/10/2026
Listing ID
c721e627
Parcel APN
103105309