Address: 3601 Coliseum Avenue, New Orleans, LA 70115
The McEnery Company is proud to present 3601 Coliseum Street, an extremely rare, large-scale historic redevelopment opportunity in Uptown New Orleans, on the edge of the Garden District, and within the uniquely permissive Medical Campus Zoning District of the adjacent LCMC Touro Hospital, which permits a hotel license as of right. The 86,050 SF historic building has served as a medical facility since it was constructed in 1968, but was originally designed as a Holliday Inn, which is reflected in its efficient layout containing centrally located elevator banks, three (3) code-compliant vertical exit enclosures, and well-positioned MEP stacks.
The property enjoys the additional benefit of extensive preconstruction planning deliverables which include Part I and Part II approvals for State Historic Rehab Tax Credits, environmental assessments, and fully developed plans for a 129-unit luxury apartment building that are easily adaptable to a more traditional hotel application with an estimated ~170 keys. The property is extremely well positioned for immediate repositioning with the benefit of significant advantages to enable crucial development cost savings and a compressed project duration. Contact Broker for pricing guidance.
Sale Price: Contact brokers for price guidance
Gross Building Area: 86,050SF
Site Dimensions: 126′ x 250′
Gross Site Size: 31,500 SF | 0.72 Acres
#of floors: 6 floors
Zoning: MC | Medical Campus District
Please contact Parke McEnery 504.236.9542 or Gordon McLeod 504.717.3648 for further listing details.