News broke in November 2014 that the former campus of Holy Angels Academy in Bywater, which still functions as the Marianites of Holy Cross convent, was up for sale. Over a year later, the sale is finally moving forward after the city approved a zoning change for the property.
Developers Joe Jaeger Jr.—whose recent projects include Sidney Torres IV's upcoming Bayou St. John development and buying the Metairie UNO campus and the Market Street Power Plant—and Arnold Kirschman, who is redeveloping the old Frank's Steakhouse site on Freret, are "nearing an agreement" to buy the property since the zoning was changed earlier this month.
Previously, the property was zoned for a convent and residential homes, and now it is zoned for commercial development. No word yet on what the campus might become.
According to NOLA.com, the property was shown to potential developers 143 times over the years, but complicating a deal was the convent's agreement with Willwoods Community, an affordable housing nonprofit that has some units on the campus. Willwoods residents will be able to stay on the property until their lease ends in far-off 2031.