Friday, August 11, 2017

One Shell Square to get rebrand

The 51-story One Shell Square building in the heart of New Orleans' Central Business District will change names in 2018 when Hancock-Whitney bank’s regional HQ begins patrial occupation of the building. It will be rebranded as the Hancock Whitney Center. About 400 bank workers will eventually occupy seven floors. The space became available after Shell decided to consolidate some of its office spaces in the tower. Shell will remain the largest tenant, despite cuts to 900 local jobs over the past two years, part of global reductions. Shell will occupy 18 floors. Shell’s New Orleans office will continue to support offshore oil and gas developments in the Gulf of Mexico, and as far away as Brazil and Nigeria. Parent company Royal Dutch Shell, which reported recent success generating cash despite a prolonged energy downturn, continues to invest in the Gulf of Mexico and New Orleans. RDS will continue to be a sponsor of the New Orleans Jazz and Heritage Festival through 2019. (Source: NOLA.com 08/11/17)