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Lakeview in New Orleans: The Comeback
Hurricane Katrina and the levee breaches that followed absolutely decimated Lakeview in New Orleans. However, Lakeview, perhaps more than any other neighborhood in New Orleans, made an extremely robust rebuilding effort. This neighborhood has made the most incredible recovery since the storm. Lakeview was always a very family-oriented neighborhood. Young professionals came to the area to raise their children. The security of the neighborhood coupled with the fact that it is in New Orleans make it one of the most prosperous neighborhoods in the city.
Lakeview and Hurricane Katrina
Lakeview was one of the most talked about areas of New Orleans during the massive press coverage provided by the hurricane. With a multitude of photos showing the devastation of the area, Lakeview became a household name and the main neighborhood referred to when the press reported New Orleans homes affected by the massive storm. Because the Lakeview subdivision is located so close to the levee breach, it represented the defining point between areas affected and unaffected by the levee breach.
Since many of the homes in Lakeview were owned directly and were not required to have flood insurance from a lender, many Lakeview properties did not have flood insurance when the tragedy occurred. This had many property owners in the area looking for other forms of financial assistance to help them rebuild. Once again, this placed Lakeview at the forefront of “how to rebuild New Orleans” conversations.
Demographics of Lakeview
Lakeview in New Orleans is surrounded by bodies of water on three sides. On the northern border is Lake Pontchartrain. The Orleans Avenue Canal is to the north and the 17th street canal is to the West. This is another attraction to the neighborhood. Everyday residents can be found boating on the lake, fishing right off the shore, or simply people watching on the concrete steps of Lake Pontchartrain. If it’s seafood you want, you can get it yourself. Pull out your crab traps and shrimp nets and enjoy the bounty that the surrounding waters have to offer.
Statistics from City-Data.com tell us that the majority of people living in Lakeview are white-collar professionals. More than 22 percent of male residents are employed in a management role. Almost another 20 percent are employed in sales or office occupations. Other business and financial occupations make up about 10 percent of male jobs in the area. The women who live in Lakeview are similar in the occupations they hold. More than 25 percent are employed in an office or sales capacity. Another 14 percent are employed in technical or health occupations and another 10 percent make their living in some educational field.
How Katrina Affected Lakeview Real Estate
Hurricane Katrina changed Lakeview forever. Before the hurricane, Lakeview was a desirable area, but many of the homes had not been updated in years. Because Lakeview was focused on in the media as the epicenter of the housing crisis from the hurricane, real estate investors from all over the country flocked to buy the “flooded and gutted” houses in Lakeview. As a result, property values of Lakeview homes for sale have soared. In many cases, uninhabitable houses without walls sold for more than they were in full livable condition before the storm. As many of the homes in Lakeview were quickly rebuilt by investors for a quick sale, Lakeview became one of the few areas that residents could return to and real estate values increased substantially. With newly remodeled homes on the market, Lakeview homes have become a hot commodity. Today, real estate searches for “Lakeview Real Estate” are among the top real estate searches in the country according to REALTOR.com.
New Orleans amenities
The Parish of Orleans also enjoys one of the largest green spaces in the country. Established in 1854, the New Orleans City Park is another great attraction in the Lakeview neighborhood. It is one of the oldest urban parks in the country. After the Great Depression, President Roosevelt’s Works Progress Administration was at the heart of City Park’s growth and development. Almost 20,000 out of work residents were given jobs to lay the roads and fountains, and the Tad Gormley stadium. The many pieces of art in the City Park also come from this era. City Park occupies 1300 acres, making it the 6th largest park in the country and almost twice the size of Central Park in New York. Some of the beautiful Live Oaks that are scattered in the park are estimated to be more than 600 years old, with one that is almost 800 years old. Hurricane Katrina had a devastating effect killing about 2,000 of these majestic trees, but at least 5,000 have since been planted to take their place.
City Park in New Orleans is home to the famous Dueling Oak. This was the hotspot for gentlemen to settle their scores via duels with guns. It is located on Dueling Oaks Drive; and is located between the Besthoff Sculpture Garden and the New Orleans Museum of Art. Governor William CC Claiborne’s brother-in-law, Micajah Green Lewis was killed here after being shot by former state Senate President Bernard de Marigny. Dueling was banned in 1890; but although there may be no more duels, the City Park still remains a great source of inspiration and beauty for the residents of Lakeview and the many visitors who come to New Orleans every year.
Another New Orleans institution that has added flavor to the Lakeview area in recent years is Morning Call. In 2012, the New Orleans beignet machine opened a location in the Casino building on Dreyfous Avenue. Originally established in 1870, Morning Call is also known for its rich café au lait, mixed with chicory coffee. Cash is the only form of payment accepted. Of course, the residents of Lakeview are well aware, so they will always have the money on hand.
Lakeview in New Orleans is one of the most beautiful neighborhoods that New Orleans has to offer. Whether you’re a young family looking to buy a home in the city without being “in” the city, or you’re a college student looking to rent; Lakeview has you covered. It is not known for its diversity, but it more than makes up for it with its roots and the determination of its residents to continue to make it one of the safest, most family-oriented neighborhoods in the city of New Orleans.
The young people who are now flocking to Lakeview are simply continuing the traditions and lifestyle that generations before them have known and loved. Lakeview is a New Orleans mecca for hospitality and charm. The kind that can only be found in the city called Big Easy; Crescent City, New Orleans.
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