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The Odeon, tallest building constructed in NOLA in 3 decades, to open next month
Posted on 10/1/20 at 4:17 pm
Posted on 10/1/20 at 4:17 pm
LINK
Somehow this building will be at full occupancy, despite the prices and current economic circumstances. WYRI?
ETA: Here is a link to the building's floorplans.
"Modern" 389 sq ft Studio/1BA $1335-$1425/mo
"Paragon" 631-644 sq ft 1BR/1BA $1685-$1920/mo
"Classic" 712-735 sq ft 1BR/1BA $2035-$2320/mo
"Luxe" 770 sq ft 1BR/1BA $2210-$2300/mo
"Grand 1" 893 sq ft 1BR/1BA $2235-$2520/mo
"Signature 1" 1064 sq ft 1BR/1BA $2610-$2930/mo
"Grand 2" 1199-1208 sq ft 2BR/2BA $3085-$3380/mo
"Signature 2" 1145 sq ft 2BR/2BA $3135-$3510/mo
Penthouse A 1665 sq ft 2BR/2.5BA $7000/mo
Penthouse B 1796 sq ft 2BR/2.5BA $7500/mo
Penthouse C 1609 sq ft 2BR/2.5BA $6650/mo
Penthouse D 1661 sq ft 2BR/2.5BA $7250/mo
Penthouse E 1668 sq ft 2BR/2.5BA $7000/mo
Penthouse F 1380 sq ft 2BR/2BA $5500/mo
quote:
A 30-story apartment tower said to be the tallest building to be constructed in New Orleans in the last 30 years is opening its doors next month.
That’s according to The Domain Companies, developers of South Market, where ‘The Odeon’ has joined the downtown residential, retail and restaurant community.
According to the company’s October newsletter, the $106 million Odeon will open its doors to residents at the end of November and has started pre-leasing units.
The 414,000-square-foot apartment tower, located at the corner of Loyola Avenue and Girod Street, features 271 studio, one-bedroom, and two-bedroom market-rate units, 200 parking spaces and 12,000 square feet of retail space. There are 30,000 square feet of amenities such as a pool deck and outdoor lounge with fenced dog run, furnished guest suites, a fitness center and an art collection.
Twenty-five of the structure’s floors are dedicated to residences, while the remaining four – including a double-height ground level – feature retailers and parking.
quote:
According to the website for the development, rent for a studio apartment starts at $1,335 a month. One-bedroom units range from $1,685 to $2,930, and two-bedroom living spaces range from $3,085 to $3,510 per month. There are also six penthouse units that range from $5,500 to $7,500.
“We’re proud to introduce a residential building of The Odeon’s caliber to Downtown,” Domain Companies co-CEO Matt Schwartz said in the newsletter. “The lifestyle, experience, and views that The Odeon will offer are unmatched, and the demand is there. It’s exciting to further expand the South Market community that Domain, our partners, and our residents have created, and to introduce a new level of product to New Orleans.”
The project is one of a few locally that has survived the COVID-19 pandemic. Christian Brierre of The Domain Companies said at an Industrial Development Board meeting in August that the viral outbreak had “little to no effect” on the work at the site. Crews implemented safety procedures, such as handwashing stations and social distancing measures, and provided PPE to workers, Brierre said.
The Odeon is the fifth phase of a $500 million investment in downtown New Orleans to provide a mixed-use, transit-oriented neighborhood combining luxury apartments with retail, restaurants and entertainment venues. South Market encompasses a five-block area across Loyola Avenue from the Mercedes-Benz Superdome and Smoothie King Center.
Completed projects include The Standard, The Paramount, The Beacon and The Park. An upcoming sixth and final development is expected to be announced in late 2020.
Somehow this building will be at full occupancy, despite the prices and current economic circumstances. WYRI?
ETA: Here is a link to the building's floorplans.
"Modern" 389 sq ft Studio/1BA $1335-$1425/mo
"Paragon" 631-644 sq ft 1BR/1BA $1685-$1920/mo
"Classic" 712-735 sq ft 1BR/1BA $2035-$2320/mo
"Luxe" 770 sq ft 1BR/1BA $2210-$2300/mo
"Grand 1" 893 sq ft 1BR/1BA $2235-$2520/mo
"Signature 1" 1064 sq ft 1BR/1BA $2610-$2930/mo
"Grand 2" 1199-1208 sq ft 2BR/2BA $3085-$3380/mo
"Signature 2" 1145 sq ft 2BR/2BA $3135-$3510/mo
Penthouse A 1665 sq ft 2BR/2.5BA $7000/mo
Penthouse B 1796 sq ft 2BR/2.5BA $7500/mo
Penthouse C 1609 sq ft 2BR/2.5BA $6650/mo
Penthouse D 1661 sq ft 2BR/2.5BA $7250/mo
Penthouse E 1668 sq ft 2BR/2.5BA $7000/mo
Penthouse F 1380 sq ft 2BR/2BA $5500/mo
This post was edited on 10/1/20 at 4:54 pm
Posted on 10/1/20 at 4:21 pm to brewhan davey
quote:
One-bedroom units range from $1,685 to $2,930, and two-bedroom living spaces range from $3,085 to $3,510 per month.
Posted on 10/1/20 at 4:22 pm to brewhan davey
Hope their inspectors did their job
Posted on 10/1/20 at 4:22 pm to brewhan davey
taller than the hard rock
Posted on 10/1/20 at 4:23 pm to brewhan davey
Why do those cars look like micro machines?
Posted on 10/1/20 at 4:24 pm to brewhan davey
quote:
A 30-story apartment tower said to be the tallest building to be constructed in New Orleans in the last 30 years is opening its doors next month.
The oil bust wrecked New Orleans. No need for a new building over 30 stories in 30 years.
Posted on 10/1/20 at 4:24 pm to brewhan davey
A one bedroom apartment for $3K a month. Where do I sign?!!
Posted on 10/1/20 at 4:35 pm to brewhan davey
quote:I can assure you this is not the case
Somehow this building will be at full occupancy
Nice building though, similar prices to the beacon
It is somewhat like if you took the Beacon rooms and placed them in the Standard building
Posted on 10/1/20 at 4:44 pm to brewhan davey
quote:
features 271 ... units
quote:
200 parking spaces
Hard pass.
Posted on 10/1/20 at 4:46 pm to brewhan davey
Austin has 9 towers over 30 stories in the works. I don’t see how this is such a big deal.
Posted on 10/1/20 at 4:48 pm to brewhan davey
I need a balcony so I can dangle my legs over the edge.
Posted on 10/1/20 at 4:56 pm to brewhan davey
I don’t think TulaneLSU will care for this.
Posted on 10/1/20 at 5:18 pm to brewhan davey
Not sure who the frick they think is buying this shite. They are having enough problems selling out The Standard or whatever that the same developer owns.
Posted on 10/1/20 at 5:23 pm to brewhan davey
The prices seem reasonable to me
Posted on 10/1/20 at 5:53 pm to brewhan davey
Great timing to be opening a massive building downtown!
Posted on 10/1/20 at 6:38 pm to brewhan davey
Same shite, different day. This trend is sweeping through the South now. Been going on in Austin, Houston, and now SA. I’m sure it’s happening to an extent in Atlanta, Nashville, and elsewhere. I have no idea why people would spend:
I mean, if you have money and want to have a closet as your New Orleans getaway, more power to you. Austinites in downtown seem to enjoy it.
I can get a 2500 square foot house where I live and have a mortgage for about that price. I don’t know much about the NO area’s housing market, but this just seems like a way for a rich person to waste some money.
quote:
389 sq ft Studio/1BA $1335-$1425/mo
I mean, if you have money and want to have a closet as your New Orleans getaway, more power to you. Austinites in downtown seem to enjoy it.
I can get a 2500 square foot house where I live and have a mortgage for about that price. I don’t know much about the NO area’s housing market, but this just seems like a way for a rich person to waste some money.
Posted on 10/1/20 at 6:41 pm to brewhan davey
quote:All that stuff and only 200 parking spaces? Can someone more familiar with the location let me know if there's other parking around there? That seems extremely shortsighted.
features 271 studio, one-bedroom, and two-bedroom market-rate units, 200 parking spaces and 12,000 square feet of retail space. There are 30,000 square feet of amenities such as a pool deck and outdoor lounge with fenced dog run, furnished guest suites, a fitness center and an art collection
Posted on 10/1/20 at 7:34 pm to brewhan davey
People will stupidly pay that high rent and then have section 8 in the apartments around them. Friend of mine lived in the marquis condos on poydras right after they opened. He had section 8 on both sides of him within 5 months of them opening
This post was edited on 10/1/20 at 7:47 pm
Posted on 10/1/20 at 7:41 pm to brewhan davey
why are people ITT acting like 2k for a 1br and 3k for a 2br is so high
Posted on 10/1/20 at 7:57 pm to brewhan davey
Tuscaloosa apartment prices can be ridiculous.
Maybe not that high, but easily over 1000/month for a nice new place.
I think, but don't know for sure, that Tuscaloosa prices run higher than even Birmingham apartment prices.
Probably has a lot to do with large University student enrollment and booming auto industry
Maybe not that high, but easily over 1000/month for a nice new place.
I think, but don't know for sure, that Tuscaloosa prices run higher than even Birmingham apartment prices.
Probably has a lot to do with large University student enrollment and booming auto industry
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