The 204-room James hotel is a component of the Armature Works project that is being developed on a 2.43-acre site adjacent to the NoMa-Galludet U. Metro stop between Union Market and H Street.

San Gabriel Valley has seen the bulk of industrial new construction in the last decade, with 36% of total development.

An influx of young, well-educated new residents has New Orleans on the brink of a long-awaited economic revival.

A slight uptick in the national vacancy rate will not give investors much pause.