Quote:
Originally Posted by tennis1400
It is a lot of parking floors but its a narrow building footprint so it isn't as many spots as you would think.
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"Wampold said the building, which was built in 1975, is not historic and that he did not use tax credits to purchase the property or fund its conversion.
“This allows us to make renovations how we want on the interior and exterior,” Wampold said. “We had considered carving out condos, but we made the decision to own it out right and rent units out.”
Apartment rents will be set at market rate, which ranges from $794 to $1,200 per month for all of metro New Orleans according to the most recent multi-family housing report from Larry G. Schedler and Associates.
Wampold said amenities will include a rooftop pool and fitness center. He hopes the building’s location will attract the incoming work force at University Medical Center and the Veterans Affairs Hospital, along with current Central Business District and French Quarter workers."