Market Street Power Plant was built in 1905 and is located along the Mississippi River just upriver of the Crescent City Connection in New Orleans, Louisiana. The generating station supplied power for all of New Orleans by burning coal and using the waters of the Mississippi River for cooling. The power plant last produced power in 1973.
In 1922, the New Orleans Public Service Incorporated (NOPSI) was founded. The NOPSI deemed all power to the city of New Orleans would be produced at the Market Street Power Plant.
The five-story power plant has been abandoned for the last forty years. Today, it is often used as a filming location for movies and television shows. In 2007, Entergy New Orleans sold the power plant and surrounding property to Market Street Properties, LLC for $10 million.
In September 2015, the Market Street Power Plant was sold to real estate developer Joe Jaeger in foreclosure after the proposed development of a residential, retail, and entertainment center never materialized.
Jaeger is currently focused on development of the nearby 47-acre Trade District, between the convention center and the power plant. He plans to later incorporate the power plant in to the Trade District development. Right now there is no clear start/stop date and no immediate plans for the Market Street Power Plant.