BROKERS NETWORK www.StirlingProperties.com Joe Gardner [office] 504-523-4481 [direct] 9504-620-8140 [email protected]The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor- mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14 JUNG HOTEL REDEVELOPMENT 1500 Canal Street NEW ORLEANS, LOUISIANA PROPERTY OVERVIEW The Jung Hotel, once the largest and grandest hotel in the Southern United States, is undergoing a massive transformational redevelopment. The property will consist of residential apartments, an extended stay hotel, ground floor commercial space, and a large parking garage. Its grand opening is planned to coincide with the opening of the new University Medical Center and the Veterans Affairs Hospital of New Orleans. • Residential Apartments - 328 Total Units. Intended to attract medical students and medical staff of the nearby BioMedical District. - (16) Studio Units - (196) 1-Bedroom Units - (116) 2-Bedroom Units • Extended Stay Hotel - 124 rooms initially planned. Will serve the needs of families and patients being treated at the surrounding hospitals. • Ground Floor Commercial Space - 53,895 total square feet of street level retail to serve the high volume of tourists and residents in the area. • Parking Garage - 7 floors, 401 total parking spaces COMMERCIAL SPACE AVAILABLE +/- 500 SF - 30,000 SF Space Available Ground Floor TRAFFIC COUNT (ADT 2012) On Canal Street, between Claiborne Avenue and North Rampart Street: 21,049 CANAL STREET ELEVATION SUMMARY SITE PLAN AREA OVERVIEW BIOMEDICAL DISTRICT MAP NEW ORLEANS DISTRICT MAP DEMOGRAPHICS
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
ProPerty overviewThe Jung Hotel, once the largest and grandest hotel in the Southern United States, is undergoing a massive transformational redevelopment. The property will consist of residential apartments, an extended stay hotel, ground floor commercial space, and a large parking garage. Its grand opening is planned to coincide with the opening of the new University Medical Center and the Veterans Affairs Hospital of New Orleans.
• Residential Apartments - 328 Total Units. Intended to attract medical students and medical staff of the nearby BioMedical District.
- (16) Studio Units - (196) 1-Bedroom Units - (116) 2-Bedroom Units
• Extended Stay Hotel - 124 rooms initially planned. Will serve the needs of families and patients being treated at the surrounding hospitals.
• Ground Floor Commercial Space - 53,895 total square feet of street level retail to serve the high volume of tourists and residents in the area.
• Parking Garage - 7 floors, 401 total parking spaces
CommerCial SPaCe available+/- 500 SF - 30,000 SF Space Available
Ground Floor
traFFiC CoUNt (aDt 2012)On Canal Street, between Claiborne Avenue and North Rampart Street: 21,049
CaNal Street elevatioN
SUmmary Site Plan aRea OVeRVieW BiOmedicaldiStRict maP
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
GroUND Floor Site PlaN
CliCk imaGe
to view iNteraCtive
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SummaRy Site PlaN aRea OVeRVieW BiOmedicaldiStRict maP
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
Iberville Redevelopment
New Orleans BioInnovation
Center
UniversityMedical Center
Louisiana Cancer Research Center
Tulane University School of Medicine
Delgado Community College School of Nursing
Joy Theater
LSU Health Science Center
Veterans Affairs Hospital
reSiDeNtial• Iberville Redevelopment - $30.5 million in grants were issued to the project
making it the largest residential redevelopment project for the city to date. The mixed-use, mixed-income development will have 880 residential units on 23 acres and is expected to be completed December 2014.
meDiCal• University Medical Center - $1.1 Billion, 424 Beds, Under Construction,
Planned Opening Spring 2015
• Veterans Affairs Hospital - $995 Million, Under Construction. Planned Opening February 2016
• Louisiana Cancer Research Center - Opened 2011, $100 million, 150,000 SF medical research facility
• New Orleans BioInnovation Center - Opened 2011. Houses about 200 employees from 80 companies
• The Tulane University School of Medicine, Delgado Community College School of Nursing, and LSU Health Science Center make up the rest of the BioMedical District. Once the hospitals open, the new District is expected to create an estimated 10,000 high-wage jobs directly, and another 7,000-10,000 jobs indirectly. Times-Picayune, September 2011
eNtertaiNmeNt & reCreatioN• Saenger Theatre - Reopened September 2013 after a $52 million renovation.
The historical theater hosts major live performances and Broadway stage productions.
• Joy Theater - Reopened in 2012 after a $5 million renovation. Once a single screen movie house, it now hosts live entertainment.
• Lafitte Greenway - A proposed 3.1 mile linear park and bike path that stretches from the French Quarter to Lakeview. $7 million is planned for its development.
Lafitte Greenway
Saenger Theatre
Canal Street
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Poydras Street
SummaRy Site Plan area overview BiOmedicaldiStRict maP
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
SITE
CliCk oN imaGe to view iNteraCtive PDF
SummaRy Site Plan aRea OVeRVieW biomeDiCalDiStriCt maP
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
Canal Street
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Tulane Avenue
Loyola Avenue
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Canal Street
Tulane AvenuePoydras Street
Pontchartrain Expressway (Highway 90)
FRENCH QUARTER
WAREHOUSE / ART / MUSEUM
DISCTRICT
CBD
SPORTS &ENTERTAINMENT
DISTRICT
BIOMEDICAL DISTRICT
MID-CITY / TREMÉNEIGHBORHOOD
Ernest N. Morial Convention Center
The Outlet Collection at Riverwalk
The Shops at Canal Place
Mercedes-Benz Superdome
National World War II Museum
Mardi Gras World
Aquarium of the Americas
Smoothie King Center
Jackson Square
Harrah’s Casino
Bourbon Street
Mahalia Jackson Theater
Saenger Theatre
Port of New Orleans Cruise Ship Terminal
Julia Street Art Museums
VA Hospital (Under Construction)
University Medical Center
(Under Construction)
LSU Medical Center
Ogden Museum of Southern Art
South Market District
(Under Construction)
Contemporary Arts Center
SITE
SummaRy Site Plan aRea OVeRVieW BiOmedicaldiStRict maP
The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or infor-mation herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 04/14
JUNG HOTEL REDEVELOPMENT1500 Canal Street NEW ORLEANS, LOUISIANA
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty
This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty
