By the end of 2013 construction is expected to begin on a
three-story, residential-retail project to be built on a 13,600-square-foot
empty lot at 2802 Magazine St. in near the Irish Channel. Developer earned
Historic District Landmarks Commission clearance in October to build the
mixed-use project. The project would take about 12 to 14 months to complete. The
building will be near the corner of Magazine Street and Washington Avenue
between Coquette restaurant and Sake Café. It will include about
4,500-square-feet of ground floor retail space for two tenants.
Developers will set up a condo regime for seven units on the
second and third floors but initially rent them out as apartments. No decision
has been made as to when, or if, developers will sell the units. Six of the
seven units will be 1,400 square feet, and a penthouse will be closer to 2,000.
All units will have two bedrooms. No prices have been listed for the
residential units.
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