Address: 1321 Brooklyn Avenue, New Orleans, LA 70114
Call for Offers! The Subject site is located in a mixed-use area of Algiers, LA and consists of three (3) vacant, undeveloped tracts of land located in the Squares 216 and 217 that are adjacent to the Mississippi River. The highest and best use is to construct a +/- 167 unit multi-family development with +/- 149,004 square feet of rentable area. The proposed Subject property will offer three (3) four-story mid-rise buildings and one (1) three-story building along the Mississippi River with community areas, an outdoor amenity area, immediate proximity to the Crescent City Connection and the Mississippi River Trail. The site is directly across the river from The Convention Center, River Walk and the main cruise terminal and walking distance from the Canal Street/Algiers Ferry, which runs every 30 minutes from Algiers Point to Canal Street in the French Quarter. This is a great development opportunity!
*The included renderings represent previously approved plans. Any new development of similar scale will require new and necessary approvals from the City of New Orleans.
Gross Site Size: +/- 3.3 Acres | 143,748 SF
Flood Zone: Subject is located in Flood Zone X due to levee protection.
Zoning: MU-2 High Intensity Mixed-Use District
CALL FOR OFFERS:
- Offers are due on or before 5:00 PM CST on Tuesday, April 12th, 2022
- Submit offers to Cameron Griffin cameron@mceneryco.com and Parke McEnery parke@mceneryco.com
- All offers should be submitted in the form of a Letter of Intent (LOI)
- A deposit of $100,000 shall be made by all bidders
- A minimum bid amount of $4,436,000 is required
For more information please contact Parke McEnery at (504.236.9542) or Cameron Griffin (843.754.7580)
