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New Orleans New Construction & Proposed Multifamily Projects 4Q19
Source: Yardi Matrix2000 ft
ID PROPERTY UNITS1 Lumina 382
3 Canal 1535 330
Total Lease Up 570
6 Odeon at South Market, The 271
7 Capri Motel Redevelopment 202
8 Lumina Phase II 142
9 1301 Annunciation 210
Total Under Construction 825
10 3611 Marais Street 100
13 Winn Dixie 76
14 2930 Burgundy 70
15 Via Latrobe 253
16 Algiers Riverfront 187
Total Planned 686
17 1717 Canal Street 212
18 Tulane Commons 9620 New Orleans Riverside at
Historic Algiers 1,098
23 Charity Hospital Redevelopment 100
24 4100 Royal Street 136
Total Prospective 1,642
Lease-Up Under Construction Planned ProspectiveLEGEND
New Orleans New Construction & Proposed Multifamily Projects 4Q19
ID PROPERTY UNITS2 Collins, The 272
4 Mayfair Redevelopment, The 258
5 Canterbury House Phase III 135
Total Lease Up 665
11 Esplanade Mall, The 256
12 SWC Dalwill Drive & State Highway 22
55
Total Planned 311
19 Elmwood Town Center 250
21 Lake Forest Tower 200
22 Jackson Oaks 211
Total Prospective 661 Source: Yardi Matrix5 mi
Lease-Up Under Construction Planned ProspectiveLEGEND
New Orleans New Construction and Proposed Multifamily Projects
Source: Yardi Matrix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 Lumina 3701 Conti Street New Orleans LA 70119 Lease-Up 240 Mid-City 03/01/2018 08/31/2020 05/15/2019
2 Collins, The NWC Interstate 12 & US Route 190 Covington LA 70433 Lease-Up 272 Covington 07/16/2018 05/31/2020 10/18/2019
3 Canal 1535 1535 Canal Street New Orleans LA 70112 Lease-Up 330 French Quarter 02/06/2017 03/31/2020 07/31/2019
4 Mayfair Redevelopment, The 4254 Maple Leaf Drive New Orleans LA 70131 Lease-Up 258 Algiers 12/01/2017 02/29/2020 10/01/2018
5 Canterbury House Phase III 301 Spartan Drive Slidell LA 70458 Lease-Up 135 Slidell 03/15/2018 01/31/2020 03/04/2019
Total Lease-Up 1,2356 Odeon at South Market, The 1100 Girod Street New Orleans LA 70113 Under Construction 271 French Quarter 02/27/2019 09/30/2020
7 Capri Motel Redevelopment 2424 Tulane Avenue New Orleans LA 70119 Under Construction 202 Mid-City 09/30/2018 08/31/2020
8 Lumina Phase II 401 North Cortez Street New Orleans LA 70119 Under Construction 142 Mid-City 06/30/2019 03/31/2020
9 1301 Annunciation 1301 Annunciation Street New Orleans LA 70130 Under Construction 210 Lower Garden District 01/01/2019 03/31/2020
Total Under Construction 82510 3611 Marais Street 3611 Marais Street New Orleans LA 70117 Planned 100 Bywater
11 Esplanade Mall, The SEC North Bayou Road & Sugar Mill Road Kenner LA 70065 Planned 256 Kenner
12 SWC Dalwill Drive & State Highway 22 SWC Dalwill Drive & State Highway 22 Mandeville LA 70471 Planned 55 Mandeville13 Winn Dixie 1501 St. Louis Street New Orleans LA 70112 Planned 76 Mid-City14 2930 Burgundy 2930 Burgundy Street New Orleans LA 70117 Planned 70 Bywater
15 Via Latrobe 2940 Royal Street New Orleans LA 70117 Planned 253 Bywater
16 Algiers Riverfront Brooklyn Avenue & Lamarque Street New Orleans LA 70114 Planned 187 Algiers
Total Planned 99717 1717 Canal Street 1717 Canal Street New Orleans LA 70112 Prospective 212 Mid-City
18 Tulane Commons 2537 Tulane Avenue New Orleans LA 70119 Prospective 96 Mid-City
19 Elmwood Town Center 1200 South Clearview Pkwy New Orleans LA 70123 Prospective 250 River Ridge
20 New Orleans Riverside at Historic Algiers 2500 General Meyer Avenue New Orleans LA 70114 Prospective 1,098 Algiers
21 Lake Forest Tower 1010 Lake Forest Blvd New Orleans LA 70127 Prospective 200 New Orleans East
22 Jackson Oaks 625 Jackson Avenue New Orleans LA 70130 Prospective 211 Central City-Garden District
23 Charity Hospital Redevelopment 1532 Tulane Avenue New Orleans LA 70112 Prospective 100 French Quarter
24 4100 Royal Street 4100 Royal Street New Orleans LA 70177 Prospective 136 Bywater
Total Prospective 2,303
TOTAL NEW ORLEANS 5,360
© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020
