Address: 301 N. Norman C. Francis Pkwy, New Orleans, LA 70119
The Mercy Hospital development site represents one of the now extremely limited remaining in-fill land plays in the New Orleans market, with historic tax credit equity potential to boot. This major development site possesses one of the best locations in the City paired with one of the most accommodative zoning designations in the City of New Orleans. Development options include large-scale retail, senior living, hotel, multi-family or any mixed-use hybrid thereof. Current ownership has already secured Part I and Part II State Historic Preservation Office and National Park Service Park Service approvals providing the clear path for both State and Federal Historic Tax Credit equity. The Part II plans are fully developed and reflect a full service senior living community, a greater underserved sector locally. Full Deal Room available upon request.
Pricing: Contact Broker for Pricing Guidance
GBA: Approximately 357,000 SF
Parking Level: 76,000 SF
Building GBA: 281,000 SF
Site Size: (288 x 590) – 3.913 acres
Zoning: MU-1 | Medium Intensity Mixed-Use District
Please contact Troy Hagstette 504-251-5719, Christopher Dozier 504-722-5393, or Parke McEnery 504-236-9542 for further listing details.