Old Metairie Village is a recently renovated, 3-story mixed-use development with upscale retail occupying the first floor, and medical and office tenants occupying the second and third flloors. Located in Metairie, a suburb of New Orleans, the immediate neighborhood near Old Metairie Village is known as Old Metairie, a very affluent, mature neighborhood. The income demographics and housing prices in Old Metairie are among the highest in the New Orleans area. Old Metairie Village and Oakridge Place Shopping Center (across the street) play a dominant role in this Metairie sub-market due to the diverse tenant mix, traffic counts and affluent market base.