Streetcar, Saratoga and Superdome Projects are Catalysts for Revitalization on Loyola Avenue
I didn't know about the Saratoga project. More apartments in the CBD.
During the height of football season, more than 75,000 fans walk down Loyola Avenue in Downtown's Central Business District to watch the World Champion Saints play in the Louisiana Superdome. With the recent unveiling and grand opening of Champion's Square, a new outdoor festival space with food from local restaurants and live entertainment pre- and post-game, the area is attracting more fans than ever.
The newly-formed Sports Entertainment District is breathing new life into an area of Downtown that was hit hard during Hurricane Katrina. Life-long season ticket holder and DDD Public Safety Manager John Roussell recounts the fan experience pre-Katrina: "It used to be that fans would enter Poydras Plaza from Loyola Avenue and walk through the lobby of the Hyatt Hotel on the way into the games. The Hyatt was always a gathering place for fans and the last place you stopped before the Dome."
A recent announcement promises that it won't be long until fans like Roussell can once again walk through the Hyatt Hotel on their way to the game. Earlier this summer, the Hyatt Regency New Orleans announced that Poydras Property Holdings plans to reopen the 1,193-room hotel by fall of 2011 and is undertaking a multi-million dollar redevelopment to include comprehensive meeting & exhibition space, a 350-seat, full-service restaurant with a celebrity chef, a 210-seat media/action bar and many more amenities.
The transformation and reopening of the Hyatt are part of an economic development plan designed by the Downtown Development District and the Regional Planning Commission to revitalize Loyola Avenue and the lower Central Business District.
"Not only is the reopening of the Hyatt a major "win" for the Sports Entertainment District and that area of Downtown, but the plans to re-orient the entrance of the hotel to Loyola Avenue will stimulate great energy and activity along that street," says Henry Charlot, DDD Director of Economic Development.
And there's another good reason the hotel's entrance will be on Loyola--Hyatt hotel guests will be able to hop on and off a new Loyola Avenue streetcar line, set to be in service by early 2012. The federally funded line will run from the Union Passenger Terminal to Canal Street, where it will connect to the Canal Street line and eventually a North Rampart line (Phase 2), enabling passengers to take a streetcar to nearly all of the city's major neighborhoods.
Tourists and hotel guests won't be the only ones to benefit from the additional streetcar line. Early next summer, 155 new apartment units will be added in the Loyola Avenue neighborhood at The Saratoga--the latest residential development project by architect and developer Marcel Wisznia. Wisznia purchased the building in early 2006, right after Hurricane Katrina, and is redeveloping the former office building into 15-stories of 1- and 2-bedroom market rate apartments tailored to appeal to doctors, residents, medical students and others working in the medical corridor. Construction, managed by contractor Woodward Design and Build, began earlier this summer. Once completed, The Saratoga will also feature an outdoor pool deck, two penthouse apartments, exercise and conference rooms, and a private bridge to an adjacent parking garage. More than 8,000 square feet of ground floor retail space will also be available.
Wisznia says, "We've taken the concept of flexible living and the ability to create your own environment that started with Union Lofts and carried that to the next level with The Saratoga. We know as a population that you have to live where you work and work where you live. There's no better place to do that than Downtown New Orleans."
For more information on any of the projects above, click the links or contact the Downtown Development District at (504) 561-8927.
Click here for a photo gallery of the Loyola Avenue Revitalization.