There's a ground breaking shindig this morning over in the CBD's coming-soon South Market District. Reason for the celebration? The Paramount, a $48.4M multi-use development that will take up an entire city block across from Rouse's supermarket. While this is definitely one of the bigger residential projects downtown, let's take a look at what else is in the cards, shall we? But first – think a building deserves to be on this list that we're missing out on? Drop us a line or holler in the comments below, please and thank you.
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Ten Downtown Residential Developments In The Works
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The Paramount at South Market
The $48.4M residence with ground-floor retail will take up an entire city block in the future South Market District.
Scheduled completion: Oct. 2014
1100 Tulane Apartments
The former Oil & Gas Building will be 130 mixed-income apartments, a project of the Renaissance Neighborhood Development Corp.
Scheduled completion: unknown
100 Elk
This vacant, 17-floor building is undergoing a $20M renovation and will be luxury apartments with 8,000 sq.ft. of ground floor retail.
Scheduled completion: Spring 2014
1501 Canal Senior Apartments
Senior housing isn't the hippest thing to hit downtown, but the 1950s Texaco building is being transformed into 112 apartments.
Scheduled completion: Dec. 2013
1031 Canal Street
240 residences, 15 penthouses, gyms, rooftop decks, pools, a movie theater, and 65K sq.ft.of retail.
Scheduled completion: 2015
225 Baronne
The vacant high-rise will be 192 apartments, and an Aloft hotel.
Scheduled completion: Dec. 2014
Kailas Towers
The office building will combine with some residential pads, 261 to be exact, plus a pool and fitness center.
Scheduled completion: unknown
Former WTC Building
While it's not set in stone, the development of the former WTC can't be overlooked. Floors 18-29 as apts. with 8 penthouses.
Scheduled completion: who knows?!
425 Notre Dame
40 luxury condos with rooftop dog park, pool, and some units will offer four bedrooms.
Scheduled completion: unknown
The Garage
This $34 million project by Marcel Wisznia is stalled due to the historic tax credit waiting game, but stay tuned.
Scheduled completion: unknown
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