Plans to convert an historic building 234 Loyola Ave. into a mixed-use development with market rate and low-income housing have been in place for a while, and now it finally looks like construction on the project is set to begin.
CityBusiness says an $18.6 million building permit was issued Oct. 29 to Green Coast Enterprises, ERG Enterprises and nonprofit real estate investor Crescent City Community Land Trust for the nine-story, 107-year-old building. Construction is slated to begin Nov. 16, and the building will reopen in early 2017.
Once home to the Knights of Pythias of Louisiana, an African-American fraternal order, and a jazz hall, the building later became the hiring office for boat builder Andrew Jackson Higgins. The redevelopment is set to include 69 one- and two-bedroom apartments and, unlike a lot of apartment developments going up, this one's set to include "25 ... units set aside for moderate-income workforce housing." The building's 40,000 square feet of commercial space will include a health care clinic, a physical therapy center and a 20,000-square-foot market similar to the St. Roch Market and the newly opened Dryades Public Market (formerly the long-stalled Jack and Jake's).
· Construction set to begin on former Pythian building in CBD [CityBusiness]
· Chef Dan Esses Hopes To Rescue Money Pit Jack & Jake's With New Dryades Public Market [Eater NOLA]
· Affordable Apts., Retail Coming To Historic CBD Building [Curbed NOLA]
· Via Latrobe, Parkway Apartments and Jackson Oaks Get City Planning Commission Approval [Curbed NOLA]