(Read more on the multifamily market.)

NEW ORLEANS-A 750,000-sf building will have a new life as twoNew York City companies band together for its $160-millionrenovation. Once completed, the World Trade Center, designed byEdward Durell Stone, will boast 250 high-end residences and a130-room Renaissance Club Sport Hotel by Marriott.

Located at Two Canal St. on the banks of the Mississippi River,the 32-story structure currently is an office building that is hometo the World Trade Center Corp., the building's owner, and aprivate club, both of which will remain on the premises. Theremainder of the structure, developed in 1967, space is vacant.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.