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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1. The Paramount at South Market
Girod Street & O'keefe Avenue
New Orleans, LA 70113
New Orleans, LA 70113
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
2. 1100 Tulane Apartments
1100 Tulane Avenue
New Orleans, LA 70112
New Orleans, LA 70112
The former Oil & Gas Building will be 130 mixed-income apartments, a project of the Renaissance Neighborhood Development Corp.
Scheduled completion: unknown
3. 100 Elk
144 Elk Place
New Orleans, LA 70112
New Orleans, LA 70112
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
4. 1501 Canal Senior Apartments
1501 Canal Street
New Orleans, LA 70112
New Orleans, LA 70112
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
5. 1031 Canal Street
1031 Canal Street
New Orleans, LA 70112
New Orleans, LA 70112
240 residences, 15 penthouses, gyms, rooftop decks, pools, a movie theater, and 65K sq.ft.of retail.
Scheduled completion: 2015
6. 225 Baronne
225 Baronne Street
New Orleans, LA 70112
New Orleans, LA 70112
The vacant high-rise will be 192 apartments, and an Aloft hotel.
Scheduled completion: Dec. 2014
7. Kailas Towers
210 Baronne Street
New Orleans, LA 70112
New Orleans, LA 70112
The office building will combine with some residential pads, 261 to be exact, plus a pool and fitness center.
Scheduled completion: unknown
8. Former WTC Building
365 Canal Street
New Orleans, LA 70130
New Orleans, LA 70130
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?!
9. 425 Notre Dame
425 Notre Dame Street
New Orleans, LA 70130
New Orleans, LA 70130
40 luxury condos with rooftop dog park, pool, and some units will offer four bedrooms.
Scheduled completion: unknown
10. The Garage
848 Carondelet Street
New Orleans, LA 70130
New Orleans, LA 70130
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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