One developer expands its French Quarter mixed-use condominium with an add-on building after completing a $7.8 million renovation on its original site.
According to Canal Street Beat, Orleans Properties will officially add six more condos this week to its 220 Decatur Street condominiums, previously capped at 16 units. Now at 22 units, all of the condos are expected to hit the market this week.
The condominium has two commercial spaces on the ground floor, housing City Segway Tours and Dolls & Dames.
On the 220 Decatur Street official website, the developer listed prices of 17 of the 22 available units, ranging from $345,000 to $598,000. All units are sold at roughly $500 per square foot.
The most expensive unit at 220 Decatur Street has two bedrooms, two bathrooms, and 1,196 square feet of space. CAM dues are nearly $392/month.
The least expensive unit has 693 square feet, one bedroom, and one bathroom. CAM dues are around $227/month.
The developer spent $12.6 million to renovate both sites. Orleans Properties bought the first building for $2.2 million and the second for $1.8 million. Both sites will share the 220 Decatur Street address.
Built in the early 1800’s, the property was formerly a shoemaking hub for the Southern Shoe Company. Eventually abandoned, Orleans Properties brought the site in 2010 and developed into into 16 luxury residence. In 2016, a branch of Orleans Properties bought an adjacent Decatur street building with plans to add six additional condos to the 220 Decatur condominium.
- New French Quarter Luxury Condos Hits The Market This Week [Canal Street Beat]
- Orleans Property 220 Decatur Street [Official Website]