Whitney Bank has signed a 10-year lease for 104,000 square feet in the Information Technology Center No. 4 on the Lakefront in the UNO Research & Technology Park.
Under the lease with the University of New Orleans Research and Technology Foundation, Whitney will occupy the entire building. It will house more than 300 employees, supporting corporate services such as information technology, telecommunications management, distributed systems applications, accounting functions, and training and professional development.
Whitney will begin moving into the tech park within weeks and expects to be in place by April.
“Many of the associates who will occupy the UNO facility will move from the bank’s Labarre Road operations center in Jefferson Parish,” said Steven Barnett, the Whitney Bank senior vice president who directs Whitney’s corporate real estate and facilities management.
The Whitney Bank branch at Labarre Road and Jefferson Highway will remain open to serve bank customers.
Barnett said Whitney has collaborated with the University of New Orleans and its affiliates on many different projects related to the university’s instructional, research and economic development missions since the early 1960s.
“We have consistently partnered with UNO in hiring students as interns in our credit analysis department and as commercial credit trainees,” Barnett said. “Our new facilities in the Research Park adjacent to the UNO main campus will help us envision ways to offer student internship opportunities in other areas of the company.”
He said Whitney also will market UNO programs to Whitney employees interested in pursuing advanced degrees through the company’s tuition reimbursement program.
“We believe this is a great fit for Whitney Bank and the university,” Barnett said.
“Co-locating this highly respected financial services company along with science and engineering leaders greatly expands our tenant mix,” said Eileen Kennedy Byrne, president and chief executive officer of the UNO Research and Technology Foundation. “Such industry diversity provides students attending classes at UNO new opportunities for gaining real-world experience in a wide range of fields as well as the potential for high-paying careers right here in the park.”