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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 4:25 pm to The Boat
quote:
The oil bust wrecked New Orleans. No need for a new building over 30 stories in 30 years.
Yep. Last one was the LLE Tower. Worked there back in the day.
Posted on 10/1/20 at 4:26 pm to The Boat
quote:
The oil bust wrecked New Orleans. No need for a new building over 30 stories in 30 years.
How much longer can we keep blaming New Orleans' woes on the "oil bust"?
Posted on 10/1/20 at 4:26 pm to OldSouth
Yeah you should have seen what many of the condos were selling for in that area pre-covid.
Posted on 10/1/20 at 4:26 pm to OldSouth
It was fun when a microburst hit the city watching the debris from that building fly across the street and impale a bunch of cars on the roof next door across the street
Posted on 10/1/20 at 4:27 pm to OldSouth
quote:
A one bedroom apartment for $3K a month. Where do I sign?!!
I don't know how these places stay at full occupancy. I get that it's convenient if you work downtown, but man, that rent is more than my mortgage + insurance and taxes - and I live in New Orleans.
Posted on 10/1/20 at 4:27 pm to OldSouth
quote:
A one bedroom apartment for $3K a month
to live under the queen's rule
Posted on 10/1/20 at 4:29 pm to Y.A. Tittle
quote:
How much longer can we keep blaming New Orleans' woes on the "oil bust"?
It’s not all the oil bust. The oil bust impacted the city long enough for Katrina to take over those problems.
Posted on 10/1/20 at 4:31 pm to notiger1997
quote:
Yeah you should have seen what many of the condos were selling for in that area pre-covid.
There are 7 condos at the Standard currently on the market (according to Realtor.com). The cheapest listing is $755k for a 2 BR 2 BA at 1263 sq ft.
Posted on 10/1/20 at 4:32 pm to brewhan davey
quote:
The cheapest listing is $755k
That’s like 4 3/2’s in Denham
Posted on 10/1/20 at 4:32 pm to The Boat
quote:
The oil bust wrecked New Orleans.
The political climate, the business climate, the crime, the schools, the _________, etc. wrecked NOLA.
The oil bust gave the last push to move everything to Houston.
Posted on 10/1/20 at 4:35 pm to brewhan davey
This thing will be Plaza Tower 2.0 within five years
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 4:36 pm to REG861
quote:
This thing will be Plaza Tower 2.0 within five years
Let's hope that the Domain Companies aren't using asbestos in their buildings.
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