The South Market District is adding to its downtown empire another residential space: The Standard, which will include 89 one- to three-bedroom apartments, luxe amenities, and retail space, is slated to open in late 2017.
Besides apartments, the building will include a 30,000 square-foot "amenity deck" with a pool, outdoor kitchen and fitness areas, poolside cabanas, and high-speed Wi-Fi. The building also plans to have a full-time concierge, resident clubhouse with a bar and media lounge, a fitness center, secure storage areas, and onsite parking with electric car charging stations.
The building, whose construction will begin early 2016 with Woodward Design+Build as the general contractor, will be the fourth in the South Market District. The Park, the retail and dining space, and the Paramount, another residential development, are open right now; The Beacon, a residential and retail space with 124 apartments is currently 40 percent complete and will be open to residents in early 2016, according to developers Domain Comapanies.
With recent news that another condo building may be in the works nearby, this area is about to have a ton of residential space. Does the supply reflect demand, though? Or will the abundance of housing (albeit expensive housing) get people flocking to the neighborhood?
· New Construction of the Year: Back to the Future [New Orleans Homes & Lifestyles]
· All South Market District coverage [Curbed NOLA]
· 41,000-Sq.-Ft. Condo Planned for Warehouse District [Curbed NOLA]