Three mostly vacant buildings at the corner of Canal and Camp streets will be combined into one luxury apartment building with retail shops in a $15 million project.

The Times-Picayune reports the project by the firm Woodward Design+Build brings together 600 Canal St., 604 Canal and 113-117 Camp St. into one development.

The buildings are clustered near the Central Business District and the French Quarter.

The development will have 44 apartments and 8,000 square feet of retail space.

Construction of the project - branded as the Giani Building - is expected to be completed by the beginning of 2015.

The announcement marks the latest in a wave of downtown apartment projects to meet growing demand as the Central Business District's evolution into a more residential neighborhood continues.

The owner of the property is listed as Canal@Camp Apartments LLC. A spokesman for the owners declined to give more details.

The registered manager of Canal@Camp Apartments is Chandru Motwani, according to Louisiana secretary of state records. Motwani could not be reached for comment.

"When The Giani Building opens in January 2015, it will add luxury housing supply to the foot of Canal Street," Darren Pellegrin of Woodward Interests, the owners' representative, said. "It's all part of the movement to make downtown New Orleans a 24-7 neighborhood."

The seven-story building at 600 Canal St., which dates to 1889, was designed by New Orleans architects Thomas Sully and Theodore Toledano. It was one of the first high-rises on the major thoroughfare, developers said.

See the original post here:
Buildings to combine in retail-residential project in New Orleans

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January 20, 2014 at 3:47 am by Mr HomeBuilder
Category: Retail Space Construction