An 18,464 SF building on a one-acre site in the Bywater, across Chartres Street from the Rusty Rainbow, the arched footbridge that leads into Crescent Park and the Mississippi riverfront. Over the years the property has housed seafood processing, lumber storage and the Dunbar Molasses and Syrup Company.
In 2026 it became the corporate headquarters of Applied Atomics, an advanced energy company founded by former SpaceX engineers that develops small modular reactor power plants. The building will hold the company’s offices, a light fabrication and assembly shop, a control room and a training center, with an outdoor training system planned for the yard. No nuclear material is handled on site. The company expects to bring more than 40 engineering and technical jobs to the neighborhood.

