2 Canal Street (World Trade Center New Orleans), formerly known as the "ITM Building", i.e., the International Trade Mart, was constructed to a design by Edward Durell Stone. In its heyday, the World Trade Center building housed numerous foreign consulates and the headquarters for the Port of New Orleans
Prior to June 2011, the World Trade Center of New Orleans was housed in the historic World Trade Center Building, located at 2 Canal Street in the Central Business District of New Orleans, Louisiana. The building, which is a 33-story, 407 feet (124 m)-tall skyscraper, has since been purchased by the city of New Orleans.
The top floor hosted a cocktail lounge called "Top of the Mart" from the 1970s through 2001. The bar slowly rotated once per hour. After this, a bar called "360" (as in degrees) opened in its place, which remained until Hurricane Katrina in 2005.
In the years following the closing of the “360” cocktail lounge, various plans emerged regarding the next step for the former World Trade Center New Orleans building. The “Save WTC NOLA” group campaigned let the building stay at the foot of Canal Street and pushed for renovation rather than demolition, while others in the city campaigned to have the building demolished, some including plans to build a park and landmark to the city in its place.
In 2013, after a competition between organizations, including James H. Burch LLC of Clifton, Va., and the Tercentennial Consortium, The New Orleans Building Corporation voted to enter into lease negotiations with Dallas-based Gatehouse Capital Corp. Gatehouse Capital Corp. has produced artists renderings that depict the former World Trade Center building as a 245-room W Hotel with rental apartments on the upper floors.
The building was added to the National Register of Historic Places on June 9, 2014.
As of 2016, a development group has said they're ready to move forward with a $360 million Four Seasons 350-room hotel and 76 hotel-serviced condos at the 33-story former World Trade Center building at the foot of Canal Street, which sits vacant for now.