The Tracage High Rise Condos are course to begin construction in the beginning of 2008 if all goes well. This will be the first high rise built in almost 20 years and only the second one in the Warehouse District since One River Place was built. Its got a great location for Mississippi River Views and is in the center of new condos and condo conversions in the last 4-5 years. These units will be different that many of the past projects and will fill a void for a new luxury high rise with all the amenities. Many times I am asked if these are putting too many units in the Warehouse District. I say that when you have something very different and in a luxury range it only adds to the entire area. Some people will love these and the things it has to offer. In New Orleans Pre-sales have always been a tough sale as the locals are a skeptical bunch. Those willing to take a small change could end up with some nice appreciation when the units are completed.
Model of the units are on display
You can get the idea of the quality much better in person.
Model of the bathroom with tub and shower.
August 2007
NEW ORLEANS - Construction on the $60-million Tracage condominium project to be built in the Warehouse District will begin late this year, developers said.
The 24-story, 136-unit project is scheduled to be complete by late 2009.
The developer is Tracage Development, a joint venture between Jackson, Miss.-based Spectrum Capital and New Orleans-based Isis Development Group.
The development team involves Spectrum Capital, Yates Construction, Foil Wyatt Architects and Planners and Trapolin Architects.
"Since Katrina, there has been a great deal of talk and very little action on the condo front in New Orleans," said Jason Voyles, president of Spectrum Capital and lead project developer.
Bethany Foote, Tracage sales agent, said interest in Tracage has been strong. Buyers include destination travelers and New Orleanians who were living in areas such as Lakeview before Hurricane Katrina.
Units range from the mid-$200,000s to more than $2 million.
$60M Tracage condo construction set
02/26/2007 as reported by City Business
Construction on the $60-million Tracage luxury condominiums will start at the corner of Annunciation and John Churchill Chase streets in the second quarter, a project developer said. Rob Tatum said the 126-unit project will be built, even though some critics question whether various developers will actually build all the condos announced after Hurricane Katrina. So far, roughly 60 percent of the units have reservations but no hard contracts yet, he said. Tatum cited post-Hurricane Katrina challenges in building the 24-story project. The project should be complete by mid-2009, he said.
On March 1, developers will open a sample unit at 711 Tchoupitoulas St.
Units will range from $199,000 for a roughly 600-square-foot condo to more than $2 million for a two-story, roughly 3,000-square-foot penthouse. Yates Construction will build the condos. In November, a bulldozer knocked down a concrete warehouse at the site to make way for construction.
Some notable notes from the Tracage Site
"Traçage is ideally located in the Warehouse (Arts) District - a magical crossroads between the French Quarter, bustling Central Business District and the languid Garden District; within strolling distance of the St. Charles streetcar line. The neighborhood atmosphere is crackling with art, theater, music and great food. Just outside your door, you´ll discover streets lined with antique shops and chic galleries, such as Ariodante, the Robert Bruno Gallery and Young Aspirations/Young Artists (YaYa). You´ll also find some of the city´s finest restaurants, such as Emeril´s, Herbsaint, La Cote Brasserie, Wolf´s in the Warehouse, Eleven 79, Tommy´s Cuisine and more. Harrah´s world-famous casino is just down the road, and our renowned museums are all around you - including the world-class Ogden Museum of Southern Art, the Contemporary Arts Center, the National D-Day Museum and the New Orleans Children´s Museum."
"During the week, you can meet the powerbrokers over lunch in the CBD. And on Saturdays, you can wander down to the Crescent City Farmer´s Market for the freshest seafood, produce and flowers. Your home at Traçage is at the heart of it all."
"Soaring high above the historic Warehouse (Arts) District, Traçage is a 23-story modern tower with a glass and metal facade designed to capture the radiance of our city´s soul and bright future. This artful building design is laced with private balconies and floor-to-ceiling windows - so you can take full advantage of the magnificent views over the surrounding neighborhoods, the Mississippi River, and beyond to the Central Business District and the stately Garden District. "
"From the ground-floor retail shops to the magnificent penthouse suites, Traçage offers all the sophistication, style and gracious living you´ve been looking for."
"At Traçage, you´ll enjoy the Good Life. Lounge on the rooftop terrace by the infinity-edge pool - your place in the sun, an amazing 260 feet above the streets below. Shed the cares of the day in the state-of-the-art Fitness Room, or over cocktails on the private terrace overlooking the Central Business District. You can entertain al fresco on your private balcony, host your own soiree in the elegant 5th floor event room, or throw a bash high in the sky in the roof-level community room. Working from home? No problem, every unit will be delivered with built-in high-speed Internet access. When life calls you away, rest assured; Traçage offers 24-hour security services, including vigilant surveillance and your own reserved parking space in our restricted-entry garage. Extra parking spaces are available for purchase, as is additional personal storage (while space is available)."
New Orleans Condos, take a few minutes to let me know what you need as far as commute time, schools, location, type of condo, price range, size and amenities you are looking for. Putting this in your own works will help me in your search. do. I can then send you a list of possible units that will meet your needs.
Thanks Eric . 504-212-0072
E-mail Eric for additional Information on listings in the New Orleans metro area. Find out about past sales and future potential appreciation. Working as a Buyers Agent I do not mine telling you the pricing and pros and cons of each unit. My main concern is for future appreciation and present value.
Eric Bouler Gardner Realtors 4509 Veterans Blvd. Metairie, La USA 504-212-0072 E-Mail Eric Louisiana R.E. License
Eric is working as a Buyers Agent for almost all the properties that I profile, meaning I do not personally have these condos listed. I will work for you! I can give you the pros and cons on the various units and projects currently on the market and let you choose the units that best fit your needs. Let my experience work for you. I work for you !
Users are Responsible for Checking the Accuracy, Completeness, Currency, and Status of All Information. When buying think " Buyers Beware"
