CRE Firm Completes Multi-Family Redevelopment in Old Jefferson Near Ochsner
SVN | Urban Properties is Now Leasing One & Two Bedroom Units at the Studio Arms Apartments
New Orleans (November 1, 2022) – Urban Properties Real Estate, LLC, a New Orleans-based commercial brokerage, property management and development firm, has completed the full renovation of the Studio Arms Apartments, a three-story multi-family property located at 261 Jules Avenue off of Jefferson Highway near Ochsner Health System’s main campus.
The ribbon cutting ceremony will take place on November 14th at 11 a.m. with Councilman Deano Bonano in attendance.
Urban Properties began the renovation of the 37-unit apartment building last fall. The updated building offers modern units and amenities in an area that lacks updated options. The existing structure was built in 1962, totaling 21,000 square feet on one-half acre of land in Jefferson Parish.
Michael Bucher, Partner and Managing Director at Urban Properties, led the acquisition of the property and its renovation. “Studio Arms adds the first multi-family property to our real estate portfolio. We thought this was an excellent opportunity to meet the housing demand for area healthcare workers near Ochsner’s largest hospital system.” said Bucher.
CICADA was the architect on the project and Reeves Construction Group was the contractor. Urban Properties handled the project management of the entire renovation process. SVN | Urban Properties is currently leasing the units and then will oversee property and asset management of the property. For leasing information, please call: (504) 264-6141 or visit www.studioarms.com.
Local Developer Managed the Redevelopment of the Former Winn Dixie in Mandeville
New Orleans (July 26, 2022) – SVN | Urban Properties, a local commercial brokerage, property management and development firm, recently completed the renovation at 619 N. Causeway Blvd., Mandeville, transforming half of the former Winn Dixie into the newest location of Altitude Trampoline Park. The 30,000 square foot park opened on Friday, July 22.
This is the second Altitude location in the greater metropolitan area, with the first being on Northshore Blvd in Slidell, and the second renovation that SVN | Urban has overseen for the franchisees. Michael Bucher, Managing Director, and Dick Cyr, Project Manager, led the redevelopment and project management, and Tyler Robinson, Managing Director, handled the leasing of the space for SVN | Urban Properties.
The Dimension Group, an architecture firm out of Dallas, led the design and DonahueFavret Contractors, based in Mandeville, handled the construction. The park features over 10,000 square feet of trampoline area, a multi-sport court, two golf simulators, a kids’ play area, four party rooms, and a small restaurant and bar.
“Being brought in to oversee the project by the franchise owners for a second location is a testament to Urban’s client-centric approach to providing comprehensive project management services,” said Mr. Bucher. “Even though this was the second time building out a trampoline park, each project presents unique challenges and this one was no different. Our team, led by Dick Cyr and DonahueFavret, did a tremendous job of transforming this vacant grocery store into a much-needed entertainment amenity for the North Shore in just five months.
Biz NO - Mixed-Use Development on Constantinople Under Construction
A nearly $2 million historic redevelopment of the 11,600-square-foot building at 1733 Constantinople Street – next to Martin’s Wine Cellar – is slated to be complete this summer.
The architecture group CICADA and the construction team at Perrier Esquerré Contractors were tapped to bring this historic property back to life. The newly revitalized building will offer a variety of spaces for commercial lease on the ground floor and four residential apartment units on the second floor.
Mixed-Use Development on Constantinople Under Construction
03/29/2021 Site Staff
The former Fine Arts Theater at 1733 Constantinople Street will be home to new residences and commercial units. (Photo provided by SVN | Urban Properties)
NEW ORLEANS – A nearly $2 million historic redevelopment of the 11,600-square-foot building at 1733 Constantinople Street – next to Martin’s Wine Cellar – is slated to be complete this summer.
The architecture group CICADA and the construction team at Perrier Esquerré Contractors were tapped to bring this historic property back to life. The newly revitalized building will offer a variety of spaces for commercial lease on the ground floor and four residential apartment units on the second floor.
“The restoration is a balance of old and new. It contributes to the heritage of the city by preserving the considerable cultural, social, and architectural history represented by the century-old Fine Arts Theater built in 1917,” said Perrier Esquerré Contractors Project Manager Lee Cooper in a press release. “And the design was redone using best practices to make the commercial spaces as responsive as possible to COVID protocols and sensitivities, such as private entrances for each space, and touchless entry.”
The development will be anchored by DEVENEY, a local marketing firm, using 4,700 square feet and fronting Constantinople Street. The new units provide an inspiring workspace for design, technology, and engineering professionals, as well as contemporary food and beverage, fitness, and retail concepts. Currently, there is a planned fitness concept, as well as a boutique medical user that hopes to be part of the project.
“Being able to breathe new life into this building and bring it back into commerce in a thoughtful way has been one of the most enjoyable challenges we’ve worked on to date,” said CICADA Partner James Catalano. “We wanted to honor this historic structure by keeping its original theater spirit, while also adding new design elements and spaces that work for the modern user. Our team is proud to be a part of the larger revitalization of this Baronne Street corridor by reviving this historic neighborhood gem.”
SVN | Urban Properties is listing the three commercial downstairs units in the development, which are currently leasing at $22-25 per square foot gross. Click here for more information.