The Outlet Collection at Riverwalk
Main entrance, c. October 2023 | |
| Location | Central Business District of New Orleans, Louisiana, United States |
|---|---|
| Opening date | August 29, 1986 (as Riverwalk Marketplace) May 22, 2014 (as The Outlet Collection at Riverwalk) |
| Renovated |
|
| Closing date | June 2013 (as Riverwalk Marketplace) |
| Previous names | Riverwalk Marketplace (1986–2013) |
| Developer | The Rouse Company |
| Management | RockStep Capital |
| Owner | RockStep Capital (New Orleans Riverwalk) Port of New Orleans (land) |
| Stores and services | 120 at peak (as Riverwalk Marketplace) 75 at peak (as Riverwalk Outlets) |
| Floor area | 250,000 square feet (23,000 m2) |
| Floors | 3 |
| Website | riverwalkneworleans |
Building details | |
Food court concourse in February 2019 | |
| General information | |
| Status | Operational (defunct as festival marketplace) |
| Type | Festival marketplace (1986–2013) Outlet mall (2014–present) |
| Renovating team | |
| Architect | Omniplan Architects[1] |
| Renovating firm | The Howard Hughes Corporation |
The Outlet Collection at Riverwalk, or simply New Orleans Riverwalk or Riverwalk Outlets, previously a festival marketplace known as Riverwalk Marketplace until its closure in the summer of 2013, is an outlet mall located in the Central Business District of New Orleans, Louisiana. It used to be a It is located along the Mississippi River waterfront, stretching from the base of Canal Street, upriver to the New Orleans Morial Convention Center, and is connected to the adjacent Hilton New Orleans Riverside Hotel. It is owned by RockStep Capital, on land leased from the Port of New Orleans.
History
Development and opening
By the start of the 1980s, increased use of containers in shipping made some of the older riverfront wharves less useful, so the Poydras Street Wharf and the Julia Street Wharf were demolished, and the New Orleans Riverfront was used as part of the 1984 World's Fair, held from May 12 to November 11, 1984. After the fair, this section was redeveloped by The Rouse Company as the Riverwalk Marketplace.[2]
In 1982, Rouse proposed a $55 million festival marketplace that would include retail pavilions, presenting detailed plans to the New Orleans City Council in June 1984. The project costed approximately $60 million in total, and would occupy portions of three former Dock Board wharves between Poydras and Julia Streets. The goal for the new development was to attract tourists and shoppers back to New Orleans following Rouse's previous success with Harborplace in Baltimore and Faneuil Hall Marketplace in Boston. This would be the last Rouse marketplace to have James W. Rouse involved with initial planning as chairman before retiring in May 1984.[3]
Riverwalk Marketplace had its grand opening celebration on August 29, 1986, with 5,000 attendees releasing balloons at New Orleans' Spanish Plaza. The mall drew an estimated 45,000 visitors on its first day of operation.[3]
Decline and closure
However, after the opening, Riverwalk immediately began to struggle with 15% less visitors than expected. The Rouse Co. underwent a $4.5 million remodeling effort in 1987 just to rectify it.[4]
Despite the 1987 remodel, Rouse reported in 1990 that Riverwalk Marketplace was not profitable.[5]
Riverwalk Marketplace was acquired by General Growth Properties (GGP) in November 2004 for $12.6 billion, alongside The Rouse Co. and its assets.[6]
Riverwalk Marketplace closed on August 29, 2005 after Hurricane Katrina, due to extensive wind and looting damage. Starting on November 21, 2005, the mall began a phased reopening, with only smaller tenants operating again first. By late December 2005, approximately 70% of the mall's stores would be open again, though decline continued throughout the area.[7]
Occupancy increased from 30-40% in February 2006, eventually becoming 90% in 2011 following major repairs of Riverwalk Marketplace after Katrina, including new enhanced lighting, seating areas, cleaning, and general modernization. Despite this, tourism almost never recovered, and stores continued to close.[8]
After filing for Chapter 11 bankruptcy in April 2009, GGP announced that properties that didn't fit its core portfolio—including Riverwalk Marketplace—would be spun-off into a new firm, known as The Howard Hughes Corporation (HHC), which was completed in November 2010.[9]
2014 redevelopment as Riverwalk Outlets
In July 2012, the Howard Hughes Corp. announced that the struggling marketplace would be redeveloped into an upscale outlet mall, adding more space for tenants and general modernization of the 1980s interior, estimated to cost $70 million. Omniplan Architects worked closely with the HHC to help design the new facelift.[1][10]
Riverwalk Marketplace closed its doors in June 2013, and its remaining tenants were given 30-day notices to vacate to allow for construction.[11]
The mall reopened on May 22, 2014 as The Outlet Collection at Riverwalk, becoming an outlet mall, including factory outlet shops like Coach Outlet, LOFT, Nordstrom Rack, and Neiman–Marcus Last Call Studio Outlet. It became the first upscale outlet center in a major U.S. downtown setting. The redevelopment added 50,000-square-feet of new retail space, expanding the mall's total size from 200,000 to 250,000-square-feet.[12][13]
After reopening
Riverwalk Outlets closed temporarily in March 2020 due to the COVID-19 pandemic, leading to occupancy to fall below 50% as tourism decreased and social distancing restrictions arose. Starting in June 2020, the mall once again reopened in phases. Outdoor events were held to recover tourism by November 2021.[14]
In July 2022, Houston-based investment firm RockStep Capital acquired Riverwalk Outlets from the Howard Hughes Corporation for $34 million.[15][16]
Burlington had its grand opening at Riverwalk Outlets on October 24, 2025, and it was the company's first store in New Orleans. It replaced Forever 21, which closed its Riverwalk Outlets store in May due to Chapter 11 bankruptcy, which forced the store to cease all U.S. operations.[17]
Francesca's, an American women's fashion brand, announced on January 15, 2026 that all of its stores, including Riverwalk Outlets, will be liquidated after going bankrupt.[18]
MV Bright Field collision
On the afternoon of Saturday, December 14, 1996, the MV Bright Field freightliner/bulk cargo vessel slammed into the mall. No one was killed in the accident, although approximately 66 were injured; fifteen shops were damaged. Damage to the mall, including the pier, condominium properties, shops, and hotel totaled an estimated $15 million (US).[19] Physical damage to the Bright Field was calculated at $1,857,952 (US). The spot where the Bright Field collided with the Riverwalk is marked on site with a plaque.
Gallery
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Julia Street entrance to the Riverwalk in June 2007
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Cafe Du Monde at Riverwalk Marketplace in October 2007
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River side in June 1997 shows damage caused by Bright Field collision
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American Queen docked at the Riverwalk in 2015
References
- ^ a b "The Outlet Collection at Riverwalk". Omniplan.
- ^ "River mall in N.O. opens to fanfare". The Shreveport Journal. AP. August 29, 1986 – via Newspapers.com.
- ^ a b Sayre, Katherine (May 21, 2014). "A timeline of the Riverwalk, from 1984 World's Fair to 2014 outlet mall". NOLA. Retrieved March 4, 2026.
- ^ "RICHMOND'S 6TH STREET MARKETPLACE ASSESSMENT OF A FAILED FESTIVAL MARKET" (PDF). Retrieved March 4, 2026.
- ^ "After the festival is over" (PDF). PublicMarketDevelopment.
- ^ "General Growth Properties, Inc. Completes Merger of the Rouse Company" (Press release). Business Wire. November 12, 2004.
- ^ "New Orleans Riverwalk Reopens". WAFB. November 22, 2005. Retrieved March 4, 2026.
- ^ Times-Picayune, Rebecca Mowbray, The (September 25, 2011). "New owners may redevelop Riverwalk Marketplace". NOLA.com. Retrieved March 4, 2026.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "The Howard Hughes Corporation". Howard Hughes Holdings, Inc.
- ^ "Riverwalk Mall to get face-lift". WDSU. July 26, 2012. Retrieved March 4, 2026.
- ^ "Riverwalk transformation leaves little room for old stores". WDSU. June 3, 2013. Retrieved March 4, 2026.
- ^ Ball, Millie (May 22, 2014). "New Orleans: Designer outlet mall set to open where the tourists are". Los Angeles Times. Retrieved March 4, 2026.
- ^ Sayre, Katherine (May 21, 2014). "The Outlet Collection at Riverwalk, set to open Thursday, builds on downtown New Orleans momentum". NOLA.
- ^ Boone, Timothy (November 17, 2021). "COVID hit Louisiana malls hard. This year's holiday season could help them recover". The Advocate. Retrieved March 4, 2026.
- ^ Anthony McAuley (June 13, 2022). "Houston firm to buy Riverwalk outlets in shakeup of local mall's ownership". The Times-Picayune. Retrieved April 5, 2023.
- ^ Form 10-K: Annual Report (Report). Howard Hughes Corporation. February 27, 2023. p. 88 – via EDGAR.
- ^ Cartolano, Marco (September 22, 2025). "Burlington is expanding, opening a store in downtown New Orleans. See where, when". NOLA. Retrieved March 4, 2026.
- ^ Tyler, Presley Bo. "Francesca's to permanently close all stores soon. Where in Louisiana?". The Times. Retrieved March 4, 2026.
- ^ Murphy, Paul (December 14, 2016). "20 years ago 'Hand of God' prevented tragedy says captain". wwltv.com.