re: The Odeon, tallest building constructed in NOLA in 3 decades, to open next month

its a very niche market

New Orleans does not have very many modern apartment offerings downtown outside of the southmarket...most of it is aged and industrial.

These are much more comparable to the apartments you would see in other larger cities.

I guess domain is content with their capacities in their other buildings in south market and saw a need for expansion. At their prices I am sure they do not need to operate at capacity to turn a large profit especially if they fill out the retail space

But keep in mind they made these decisions and started construction before all this covid crap