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Tallest building to be built in over 30 years in New Orleans begins construction

Posted on 7/2/18 at 12:51 pm
Posted by LSUneaux
Metairie and MAGA AF
Member since Mar 2014
5048 posts
Posted on 7/2/18 at 12:51 pm
LINK

The Odeon, a most promising residential building in the heart of New Orleans begins construction. A sea of asphalt parking lot will become a 29 story structure that will be seen for miles, and continue the boom of downtown living. One could walk to professional sporting events, amazing restaurants, or hop the new streetcar line to the Saenger to engage with the arts.

I’m pretty excite.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
61326 posts
Posted on 7/2/18 at 12:53 pm to
Can’t wait to throw beads from it for titties
Posted by SwampTrash
Member since May 2017
450 posts
Posted on 7/2/18 at 12:53 pm to
Cool, a new place to get shot in NOLA.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
23601 posts
Posted on 7/2/18 at 12:54 pm to
Caption says construction to start in May 2018. Are they already 2 months behind schedule? Because that'd be a very NOLA thing to do
Posted by Tiger in Gatorland
Moonshine Holler
Member since Sep 2006
9557 posts
Posted on 7/2/18 at 12:54 pm to
quote:

$106 million mixed use project


quote:

$69.5 million from The U.S. Department of Housing and Urban Development


Why is nearly 70% coming from the government, or does this just mean govt loans?
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 7/2/18 at 12:55 pm to
Yay. More $600k 1br condos coming downtown. Not sure who’s buying these though.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/2/18 at 12:55 pm to
Mixed income housing
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 7/2/18 at 12:56 pm to
Not such a bid deal.... only 29 stories? Buildings today in NY and Chicago are 4 to 5 times higher.
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 7/2/18 at 12:56 pm to
Section 8 by 2025
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 7/2/18 at 12:57 pm to
Section 8 living is why our tax bucks are going there.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15825 posts
Posted on 7/2/18 at 12:57 pm to
quote:

Not such a bid deal.... only 29 stories? Buildings today in NY and Chicago are 4 to 5 times higher.


They also have 4-5 times steadier ground to build on.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20404 posts
Posted on 7/2/18 at 12:59 pm to
Second comment in the article, lol.


BigEasyTruth63
15 minutes ago
Again, another residential development out of reach of most New Orleans residents.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 7/2/18 at 1:00 pm to
But, but there arent any Fortune 500 companies...this cant be happening
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
62214 posts
Posted on 7/2/18 at 1:01 pm to
quote:

Why is nearly 70% coming from the government, or does this just mean govt loans?

Gov loan with caveats.
Posted by Jack Daniel
Gold member
Member since Feb 2013
29699 posts
Posted on 7/2/18 at 1:02 pm to
How fast does a bullet fall from a 29 story building?
Posted by East Coast Band
Member since Nov 2010
66994 posts
Posted on 7/2/18 at 1:03 pm to
quote:

They also have 4-5 times steadier ground to build on

Where New York has issues with sturdy ground, they construct the most awesome city park in Central Park, whereas New Orleans will slap up a section 8 apartment building.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 7/2/18 at 1:04 pm to
quote:

They also have 4-5 times steadier ground to build on.



In Manhattan? Thy extended the island with dirt from the World Trade Center.
Posted by TheIrishFro
Member since Aug 2010
4709 posts
Posted on 7/2/18 at 1:06 pm to
(no message)
This post was edited on 3/9/23 at 8:43 am
Posted by TigerStripes06
SWLA
Member since Sep 2006
30032 posts
Posted on 7/2/18 at 1:09 pm to
quote:

Why is nearly 70% coming from the government, or does this just mean govt loans?


Because people spending 500k on a one bedroom loft are definitely going to want to live in the same building as project dwellers
Posted by Slingscode
Houston, TX
Member since Sep 2011
2310 posts
Posted on 7/2/18 at 1:11 pm to
. One could walk to professional sporting events, amazing restaurants, or hop the new streetcar line to the Saenger to engage with the arts, and get mugged.
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