SYLMAR, CA-Tutor Perini Corporation says its subsidiary Roy Anderson Corp., has been hired by HRI Properties to construct the 225 Baronne Mixed-Use Development Project in New Orleans. The development will include luxury apartments and a hotel. The contract is valued at $61.3 million.

The project involves the conversion of an existing 31-story office building into a mixed-use development that will consist of 192 apartment units of mixed-income housing, a 188-room hotel, and a 356-space public parking garage.

225 Barrone will also include an on-site property management office, a multi-purpose room, an exercise room, roof-top swimming pools, and covered bicycle parking. Also included in the development is the demolition of the 919 Gravier Building and the construction of an enclosed structural steel parking garage ramp on the 919 Gravier Building lot to provide access to the parking garage levels in the 225 Baronne Street Building.

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.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.