{"id":1004052904,"date":"2011-10-30T21:05:43","date_gmt":"2011-10-31T05:05:43","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=22392"},"modified":"2022-12-08T05:27:17","modified_gmt":"2022-12-08T13:27:17","slug":"century-old-marigny-building-to-convert-to-m-u-apartments","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/century-old-marigny-building-to-convert-to-m-u-apartments\/","title":{"rendered":"Century-Old Marigny Building to Convert to M-U Apartments"},"content":{"rendered":"<p>By Amalia Otet, Associate Editor<\/p>\n<p>Julian Doerr Mutter, president &amp; CEO of Doerr Furniture, recently announced plans to redevelop the three-story brick building at 511 Marigny St. and transform it into 48 apartments with commercial space on the ground floor.<\/p>\n<p>Built in 1907 and expanded in 1936, the building served at different times as a sock factory, liquor distributor and department store headquarters. The company bought the property in 1992 at a foreclosure sale from Whitney National Bank, according to the <em>Times-Picayune<\/em>. The new project calls for a $15 million investment, with construction expected to start in December if everything goes as planned, and it will be completed within one year of the kickoff date.<\/p>\n<p>If it comes to fruition, the mixed-use development will enjoy a prime location within the New Orleans market; bounded by Marigny, Mandeville, Chartres and Decatur streets, the 70,000-square-foot warehouse is located a block off of Elysian Fields Avenue and close to the French Quarter, in an area booming with new construction projects. Designed as a bicycle-friendly complex, the new apartment building will include spacious units, a garden area on the roof and a shaded pavilion area with a workout room, pool and barbecue, among other featured amenities. \u201cThere will be both interior and covered parking for bicyclists,\u201d Mutter told the <em>Times Picayune<\/em>. \u201cI\u2019m really looking for the building to complement the idea of sustainability and the &#8216;complete streets&#8217; movement in the city.\u201d<\/p>\n<p>In other news, Donahue Favret Contractors Inc. was selected to build the Mid-City Market shopping center. Stirling Properties plans to break ground on the $25 million project in January 2012, if the financing scheme gets approved, the <em>Times Picayune <\/em>reported.<\/p>\n<p>Located along Carrollton Avenue in New Orleans, Mid-City Market will serve as the retail and restaurant center for the community and will be anchored by a 53,000-square-foot Winn-Dixie supermarket.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Amalia Otet, Associate Editor<br \/>\nJulian Doerr Mutter, president &#038; CEO of Doerr Furniture, recently announced plans to redevelop the three-story brick building at 511 Marigny St. and transform it into 48 apartments with commercial space on the ground floor.<br \/>\nBuilt in [&#8230;]<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1599,21742],"tags":[],"class_list":["post-1004052904","post","type-post","status-publish","format-standard","hentry","category-new-orleans","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Century-Old Marigny Building to Convert to M-U Apartments - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/century-old-marigny-building-to-convert-to-m-u-apartments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Century-Old Marigny Building to Convert to M-U Apartments\" \/>\n<meta property=\"og:description\" content=\"By Amalia Otet, Associate Editor Julian Doerr Mutter, president &#038; CEO of Doerr Furniture, recently announced plans to redevelop the three-story brick building at 511 Marigny St. and transform it into 48 apartments with commercial space on the ground floor. 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