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Former Texaco Building Set To Open As Senior Housing

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The former Texaco Building on Canal Street, dilapidated and shuttered for 17 years, is about to come back to life as the Marais Apartments, 112 units for low-income senior citizens. This development is phase one of the $600 million redevelopment plan which includes the Iberville project tear-down, the Wall Street Journal reports. According to the developers, HRI Properties, the apartments, for those in the age 62 and up crowd, will open in April with 100 one-bedrooms at 650 to 734-square-feet and 12 studios around 500-square-feet. Sure, it's tough to get amped up about the interior and this stretch of Canal Street may not be the most tranquil, eye-pleasing location for the old folks, but thumbs-up for the restoration of this 1950s building. Perks will include a fitness center, on-site beauty salon, and a gardening terrace.

· New Orleans projects get a lift [WSJ]
· Marais Apartments [official site]
· Iberville-Tremé development coverage [Curbed NOLA]