The Belle Rive doesn't have a ground-breaking date becausepresales need to be 70% before work can begin, according to LouisLauricella, development director of Lauricella Land Co. LLC in NewOrleans. The condos will neighbor the country club at 42 ColonialClub Dr.
Lauricella isn't disclosing the project cost, but says condoswill cost an average of $400 per sf. The mix will be one-, two- andthree-bedroom units, ranging from 899 sf to 2,390 sf. The projectarchitects are Houston-based PageSoutherlandPage and Verges RomeArchitects of New Orleans.
"This isn't for a Gulf Coast, second-home kind of design,"Lauricella explains. "We're targeting people who are 50 years andolder, whose homes might have been damaged during HurricaneKatrina, but who may not want to spend the money to rebuild."
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