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$15M Makeover to Bring Apartments, Retail to 1111 Tulane Ave.

In today's installment of the Downtown Developments Diaries, 1111 Tulane Avenue enters the game. The vacant 10-story office building, known as the California Building, is set for a $15 million transformation as it switcheroos into 155 apartments with ground floor retail spots, City Biz reports. The rentals will range from studios to two-bedrooms, with penthouse accommodations for the fancy folk on the ninth and tenth floors. The 1948-built structure, a neighbor to the just-finished 144 Elk Place Lofts, sold for $4 million in 2013 to developer Craig Boes, who has teamed up with Malin Metrejean for the conversion. Metro Studios is on board as the architects and they've nabbed the original hand-drawn plans for the building and they plan to restore the exterior to its original design.
· Apartments planned for California Building conversion [City Biz; sub. req.]
· Downtown Developments archives [Curbed NOLA]