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10th & Lea, 1 or 2 towers, 350,000 sq. ft. office, 400 residential units


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Man, the analysis, digging, and presentation that you guys do on this site is just awesome! 

Cypress Real Estate Advisors is under contract to buy 2.2 acres  from New Orleans-based investor group led by Brian Gibbs to build 1 or 2 towers that would include  350,000 sq. ft. of office space and

Shh.....we all need to be quiet. If Mayor Cooper hears about this ... you know he's with them save our parking lots crowd.

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I tried enlarging the diagrams, etc. here. It is indeed, 400 residential units, although handwritten scrawl says 355 net units.  Not sure what that means.

Also, it kinda-sorta appears that they are going to retain the existing 2 story, 33,500 sq. ft. 1926-era brick building on the NW corner of the lot.  Let's hope so.   : )

 

10th & Lea, Feb 4, 2020, diagram 1.png

10th & Lea, Feb 4, 2020, diagram 2.png

10th & Lea, Feb 4, 2020, water permit 1.png

10th & Lea, Feb 4, 2020, water permit 2.png

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26 minutes ago, MLBrumby said:

Don't have my readers as I try to see that diagram... 400 units!? So what does 355 net mean? Does it say anywhere what the height will be.

I have to use my readers , then increase the magnification on the computer screen by about 5 times to see this stuff. I also have a 21 inch monitor, so my eyesight is getting worse the older I get. Getting harder and harder to read these Metro Docs.

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