Construction begins on $200M New Orleans South Market District downtown
Nearly three years after announcing ambitious plans to revive a section of the Central Business District, The Domain Cos. has started construction on the first building in its proposed $200 million South Market District mixed-use development off the Loyola Avenue streetcar line. The Paramount at South Market, a five-story apartment, restaurant and retail building, is slated to be finished late next year.
A $67M Mixed-Use Project Grows In Brooklyn
The NYC Housing Development Corp. and Goldman Sachs—together with the Domain Cos.—have announced in a release the financing of 1133 Manhattan Ave., a mixed-use development in Greenpoint, Brooklyn. The $67-million project involves the rehabilitation of a Brownfield cleanup site and creation of a new LEED Silver for Homes targeted building featuring 210 affordable, moderate-income and market rate apartments with retail stores along Manhattan Avenue.
Domain Breaks Ground on $28M MF Project
Developer Domain Cos. made its first local play, breaking ground on the 198-unit Residences at High Grove. The $28-million multifamily commercial real estate project, located close to the 1.6-million-square-foot Mall of Louisiana, will also include 25,000 square feet of retail space on the ground floor, dubbed Boutiques at High Grove.
New Orleans Creamery Redeveloped Into Loft Apartments
The Gold Seal Lofts, which were completed by developer Domain Cos. only about a month ago in the Mid-City neighborhood of New Orleans, are now completely leased, according to the company. Domain converted the historic former Gold Seal Creamery plant into 31 mixed-income apartments in a redevelopment designed by Verges Rome Architects of New Orleans.