NEW ORLEANS - A major sinkhole has now formed near the foot of Canal Street in between Harrah's and Canal Place near where an underground tunnel was built in the 60s.

The extremely large hole seemingly will now likely exacerbate the problems of traffic flow in the area, already hindered by a road closure. 

The hole has been created as part of Canal Street has caved in at that spot.

According to The New Orleans Advocate, the Landrieu administration was saying that it was evaluating the tunnel issue and that the street closure was done out of "an abundance of caution."

Eyewitness News has a crew headed to the scene and will update the story as more information becomes available.