New Orleans tallest building, which is also its first skyscraper, will soon have a new name.
One Shell Square, located at 701 Poydras St. in the Central Business District, will soon be renamed Hancock Whitney Center. It will be the regional headquarters for Whitney Bank. Hancock Bank was founded in Bay St. Louis in 1899. It opened a branch in Pass Christian in the early 1900s.
Hancock Holding Company President and CEO John Hairston said in a news release that Whitney Bank will move all 400 employees and operations from 228 St. Charles Ave. into seven floors of the new Poydras Street location in 2018.
Hancock Holding Company is the parent company of Whitney Bank and Hancock Bank.
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The Advocate reports the deal to make the move was more than a year in the making, and Whitney has signed a long-term lease with the buildings owners, Hearst Investment Group.
Hairston said the move will not affect the 320 operations and technology employees in the University of New Orleans location.
The building was completed in 1972. According to oneshellsquare.com, it is 697 feet tall with 51 stories.
Hancock Bank is headquartered in Gulfport. Hancock Vice President Paul Maxwell said the New Orleans move will not affect Gulfport operations.