News Summary
Joseph C. Canizaro, a key figure in the New Orleans real estate sector, has passed away at 88. His contributions shaped the skyline of the city, and his philanthropic efforts left a lasting legacy. Known for his support of various causes, including education and healthcare, Canizaro’s work greatly impacted the local economy and community. After surviving several health challenges, he remains celebrated for his significant influence in both business and philanthropy.
New Orleans
Joseph C. Canizaro, a prominent and influential real estate developer in New Orleans, has passed away at the age of 88. His death occurred at his home in Metairie, Louisiana, and was confirmed by a close friend, Boysie Bollinger. Canizaro’s declining health followed a series of strokes he experienced in recent years.
Canizaro was not only known for his real estate accomplishments but also for his substantial philanthropic contributions, particularly within Republican political circles. He made significant donations to various causes and was notably a supporter of President Donald J. Trump. His philanthropic efforts included founding the Donum De Foundation, which focused on educational and healthcare initiatives.
As a developer, Canizaro played a pivotal role in reshaping the skyline of downtown New Orleans. He was behind numerous notable projects including the Lykes Center, One Canal Place, and the Texaco Center, known today as the 400 Poydras Tower. His development career began in 1966 with the construction of the International Trade Mart, which set the stage for many of his future endeavors.
One Canal Place, completed in 1983, features a 32-story office building, a 500-room hotel, and various upscale shopping spaces, marking a cornerstone of the New Orleans commercial landscape. Additionally, Canizaro led the development of the First Bank Center in Metairie and various mixed-use projects across southern and southwestern United States. His contributions helped stimulate economic growth during a transformative period for New Orleans.
In the wake of Hurricane Katrina, Canizaro was appointed to the Housing Authority of New Orleans, where he aimed to assist in the city’s rebuilding efforts. However, he faced criticism for his “Green Dot plan,” which recommended against rebuilding in neighborhoods severely impacted by the hurricane.
As president and CEO of Columbus Properties, he oversaw the development of over 10 million square feet of mixed-use and office spaces, further establishing his legacy in the real estate industry. In 1991, Canizaro played a significant role in the local banking sector by leading the takeover of First City Bank, which was subsequently renamed First Bank and Trust.
His philanthropic legacy included major donations to institutions such as Loyola University and Ave Maria University, highlighted by a $5 million contribution to create the Canizaro Center for Catholic Studies. His efforts in both business and philanthropy earned him recognition from at least one former mayor of New Orleans, who described him as one of the most impactful business leaders in the city’s history.
Background and Early Life
Joseph Canizaro was raised in Biloxi, Mississippi, as the oldest of eight children. His father, Dr. Vito Canizaro, was a surgeon, instilling a strong work ethic in Joseph from an early age. Traditionally identifying with the Democratic Party, Canizaro later shifted to support Republican candidates beginning in the 1980s.
Survived By
Canizaro is survived by his wife, Sue Ellen, two daughters, and several grandchildren and great-grandchildren. Funeral arrangements will be managed by Lake Lawn Metairie Funeral Home, with a Mass scheduled to be celebrated by Archbishop Gregory Aymond on June 27.
As the city of New Orleans remembers Joseph C. Canizaro, his significant contributions to the real estate industry and philanthropy will undoubtedly leave a lasting impact on the community.
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