THE GARAGE HISTORIC REHABILITATION
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Loyola
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Avenu e
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French Quarter 3
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Mississippi River
DOWNTOWN NEW ORLEANS
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Union Lofts- June 2007, $6 million histoic renovation of the Western Union Telegraph building into a mixed-use development including 33 fully furnished luxury apartments and ground floor retail space
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930 Poydras- March 2010, $55 million construction of a 21-story mixed-use tower with 250 apartments, 6 townhouses, 500 parking spaces and 10,000 sf of ground floor retail
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Shops at Canal Place- May 2010, New movie theater with in-film dining provided by restraunteur Aldofo Garcia joins over 30 high-end retailers, including Saks Fifth Avenue, Anthropologie and, coming soon, Tiffany and Co.
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The Maritime- January 2011, $17.5 million historic rehabilitation of the city’s first skyscraper into a mixed-use development including 105 luxury apartments, office space, and ground floor retail space
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Superdome/Champion’s Square- June 2011, completed an $85 million renovation that completely modernized the facility and added an outdoor festival venue. Plus, an additional $250 million in renovation since 2006
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The Saratoga- August 2011, $20.5 million historic rehabilitation of a 1950’s skyscraper into a mixed-use development including 153 apartments, 2 penthouse units and ground floor retail space
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Rouse’s Market- November 2011, Rehabilitation of a historic car dealership into a 40,000 sf full-service grocery store, becoming downtown New Orleans’ first
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Joy Theater- December 2011, $5 million renovation of a 10,000 square foot multipurpose venue
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Civic Theater- January 2013, 15,000 sf rehabilitation of a historic 1,000 seat theater, $10.5 million
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Hibernia Tower- March 2013, $57.3 million historic renovation of the 23-story structure to include 175 apartments, office space and a ground floor CapitalOne bank branch.
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Convention Center- January 2013, Completed a $50 million extension that brings the total exhibition space to over 1.1 million sq. ft. Plus, an additional $93 million in renovations over the past 5 years.
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World War II Museum- January 2013 (Building 3 of 6), $325 million expansion, over 3 blocks, totaling 278,000 sq ft of exhibition space to create the National WWII Museum
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Saenger Theater- September 2013, $52 million historic rehabilitation of a historic theater from 1927
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New Orleans Arena- October 2013, $50 million in renovations to the interior of the arena. More work, including a new grand entrance, will be done next offseason
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H&M- November 2013, 32,000 square foot retail store for the Swedish fashion retailer, it is the first H&M in the US to feature a Home department. Opening weekend was H&M’s second best grand opening, only behind Times Square.
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450 Julia- 9 ultra-luxury apartments above Peche, the latest restaurant from Donald Link. The $11 million historic renovation pushed rents to over $3 per square foot, the highest in the city
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Riverwalk Outlet Mall- Under construction, $70 million renovation to create the nation’s first downtown outlet mall in the summer of 2014. 50,000 sf will be added to accomodate over 70 outlets and factory stores.
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Medical District- Under construction, $3 billion development of over 78 acres, including two new hospitals, bringing over 7,000 high-paying jobs to the area
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South Market District- Under construction, $200 million mixed-use development over 4 blocks that will include 600 apartments, 179,000 sf of commercial space and 1,223 parking spaces
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St. Charles @ Julia- On the boards, New construction and historic rehabilitation to create 54,711 sq ft of retail space, 34 condos, and 173 parking spaces
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The Garage 840 Carondelet Street New Orleans, LA 70130
Executive Summary
“The Garage...a catalyst for redevelopment.” Project Overview “The Garage” is a historic rehabilitation of a former automobile dealership and parking structure into a mixed-use development that includes:
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157,670 gross sq. ft. 26,616 sq. ft. of ground floor commercial space 51 residential rental unit 14 residential condominiums 80 parking spaces for residents
Loan Amount: $21,000,000 Historic Tax Credits: $11,276,546 Renewable Energy Tax Credits: $115,500 Owner Equity: $7,854,098 Total Project Cost: $44,097,200
The updated building will reflect the contemporary role of the automobile in urban living. Tenants drive into a car elevator that will lift them to their floor and allow them to park directly in front of their apartment or condo.
“the historic rehabiliation of a former parking structure...” Green Design The Garage will have one of the largest conglomerations of both photovoltaic solar panels (to generate electricity) and solar thermal collectors (to generate hot water) in the Gulf South. The project is targeting LEED Gold or Platinum Certification. Support of Local Community The local energy provider, Entergy, is investing over $300K in the development of the required “radial connection” lines in order to allow net-metering of the renewable energy components of the project. Net-metering allows any excess renewable energy production to be put “back on the grid.” Educational Partnerships Wisznia is currently working with Tulane University’s Master of Sustainable Real Estate Development program to develop a formal educational partnership that would provide students the opportunity to manage and compare data on The Garage’s building operations and energy efficiency. Professors from Loyola University have also expressed interest in using The Garage as a teaching project. Experienced Project Team The development team has experience successfully using historic tax credits on both the State and Federal level. Wisznia | Architecture + Development, has extensive experience rehabilitating historic properties and converting them for modern uses in the New Orleans market, and has completed two similar projects over the last three years.
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The Garage 840 Carondelet Street New Orleans, LA 70130
Green Features
“The Garage is targeting LEED Gold certification� The Garage will be a cutting edge mixed-use commercial /residential development with a strong focus on sustainable design, green and renewable energy features. The architect-developers approach to this project uses strategic concepts that will make this development unique in the field.
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Construction Historic rehabilitation is the most sustainable method of construction because of the embodied energy in the building. It maximizes the use of existing materials and infrastructure, and reduces waste. The first phase of demolition will be to remediate the site of underground storage tanks and all asbestos-containing materials. Nearly all of the other demolition materials, mainly concrete, will be recycled. The existing cast-in-place concrete structure will not need any fire-proofing, accoustic isolation or finishes, which will reduce the need for additional construction materials. The concrete will be topped and leveled for the flooring and painted for the ceiling. After the units demising partitions are framed and highly efficient mechanical, plumbing, and electrical systems are installed, 90% of the remaining build-out will be a matter of installing prefabricated components into the shell. Using prefabricated components will reduce construction waste and allow for a faster construction period. Green Materials Green, healthy, and efficient building materials and practices have been specified and incorporated wherever possible. Material will include low and no VOC paints, coatings, sheet goods (plywood/MDF), and sealants for improved indoor air quality. Cellulose insulation is specified in the unit demising walls for improved insulation and reduced sound transmission. Energy Star appliances and lighting strategies (including LEDs and CFLs) will complement a super efficient centralized cooler and boiler backup system, tied into the solar thermal system with individual heat pumps in each unit.
“...one of the largest conglomerations of both photovoltaic solar panels and solar thermal panels in the Gulf South.” Use of Renewable Energy The Garage project is perfectly oriented and configured for renewable energy components. Aligned with the State of Louisiana’s progressive tax rebate and the Federal tax credit for renewable energy, this project will have one of the largest single conglomerations of both photovoltaic panels (to generate electricity) and solar-thermal panels (for hot water) in the Gulf Coast Region. Overall, the array will supply an estimated 109,000 kWh per year. Redefining Downtown Living The most unique design feature of the Garage is the provision of two vehicular elevators and 20 parking spaces on each residential floor. Each tenant will be able to park within steps of their front door, adding the convenience of being able to easily bring home packages. All parking spaces will be equipped with electrical sockets for hybrid/electric cars. Each resident will also have their own loackable bike storage in front of their unit. Public Transit/Walk-able Location The Garage is located directly on the streetcar line, within blocks of business district artery Poydras Street and eight (8) blocks from the French Quarter. Residents may walk to work and enjoy the amenities of the Arts District, the Museum District, and the Central Business District (CBD).
A substantial portion (60+%) of the energy needs of the apartments and residential common areas. Each unit will be individually metered and net-metered such that the excess energy generated during the day will be put back onto the local utility grid (turning the meter backwards) thereby offsetting the energy use at night.
Recycling The Garage will offer tenants recycling options on each floor when the building is in service.
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The Garage 840 Carondelet Street New Orleans, LA 70130
Design & Site Plan Positioned directly on the St. Charles streetcar line, the site has high pedestrian and vehicular traffic and great visibility. Wisznia is developing the Garage into luxury apartments and 14,375 square feet of ground floor retail. Just one block away, South Market District will be creating another 500 luxury apartments and 170,000 square feet of retail space in the next several years.
5th Floor Car Lobby 4th Floor Car Lobby 3rd Floor Car Lobby 2nd Floor Car Lobby 2nd Floor Car Lobby
The Garage will have two car elevators to take residents right to their front doorstep. Residents drive around the back of the building and pull into one of the car elevators. The elevators are equipped to read an intelligent dispatch system inside the vehicle that lets it know which floor to take the car to. Each floor will have 20 parking spaces that are all EV ready, and will have at least two charging stations at opening. Since the car elevator is such a unique concept, Wisznia has heavily researched and studied the mechanics and feasibility of the system. They are working with a number of consultants to ensure the system will be safe, reliable, and efficient.
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Julia Street
St. Charles Avenue
Carondelet Street
St. Joseph Street
The Garage 840 Carondelet Street New Orleans, LA 70130
Renderings and Plans
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26,616 sq. ft.
Ground Floor
Unit 317 1,496 sf Two Bed/Two Bath
Unit 315 Unit 314 Unit 313 Unit 316 1,265 sf 1,265 sf 1,265 sf 1,158 sf Unit 312 167 sf terrace 173 sf terrace 173 sf terrace 173 sf terrace 1,383 sf Two Bed/Two Bath Two Bed/Two Bath Two Bed/Two Bath Two Bed/Two Bath Two Bed/Two Bath
Unit 311 1,075 sf 157 sf terrace Two Bed/Two Bath
Unit 310 1,075 sf 157 sf terrace Two Bed/Two Bath
Unit 309 1,075 sf 157 sf terrace Two Bed/Two Bath
Unit 308 1,075 sf 157 sf terrace Two Bed/Two Bath
Unit 307 1,215 sf 482 sf terrace Two Bed/Two Bath
Typical Floor
Unit 301 797 sf 187 sf terrace One Bed/One Bath
Unit 302 Unit 303 Unit 304 Unit 305 Unit 306 766 sf 766 sf 766 sf 766 sf 766 sf 161 sf terrace 161 sf terrace 161 sf terrace 161 sf terrace 161 sf terrace One Bed/One Bath One Bed/One Bath One Bed/One Bath One Bed/One Bath One Bed/One Bath
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Additional information available upon request, please contact: Marcel Wisznia Principal Wisznia | Architecture + Development 504.581.1948