Downtown Development Group to Re-Develop Former LSU Medical Office Site into Medical Services Building

    (New Orleans, LA) Downtown Development Group (DDG), headed by New Orleans developer Joshua Bruno, has signed a purchase agreement for the 124,000 square foot, 14-story UNO Technology Enterprises office building at 1600 Canal Street (corner of South Robertson) —formerly leased by LSU Health Sciences—and plans to redevelop it into a Class A, mixed-use medical & technology offices/services center.

     Construction is scheduled to begin in April, with a targeted completion date of August 2008.  The $16 million redevelopment project financed by Joshua Bruno & DDG and is also in negotiations with several private banks for additional funding, will feature lobby floor retail space, office support services, restaurant and bank. Bruno will also apply for a restoration tax abatement certification.

    Building amenities include a back-lit, red onyx lobby with marble floors, roof-top dining cabana, employee lounge, concierge services for offices and employees, and a high tech security entrance system and a 24-hour security officer.  Other building features are:  a digital phone system, wireless Internet, energy efficient electrical and plumbing systems and hurricane resistant windows.

    The 1600 Canal Street building is located next to the new Tulane Medical Center building that was donated by Murphy Oil and across from the new Bio-Medical Research and Lab Building. The site is bounded by the new federally-supported theatre district, the proposed Canal Street Technology corridor, the French Quarter and the Claiborne Avenue area that will be anchored by the country’s largest Home Depot

    “We are the only private Class A medical & technology office/retail center in the heart of the $3+ billion LSU-VA Hospital medical district,” states Bruno. “1600 Canal will be the premier location for private hospitals; pharmaceutical and bio-med companies; high tech firms; and physician, insurance and medical support offices.” “The city and state needs more of these types of industries to move forward and gain a competitive advantage with other cities of our size nation wide. We will be able to provide a building with services, design and amenities that no other class A building in Louisiana offers, at a price that’s comparable to most Class B buildings in the metro area.”

DDG is redeveloping and designing the building and Bruno, Inc. a vertically integrated real estate development company will manage and lease the property.  DDG will partner in the construction of the building with Imburgia Construction of Miami, FL, headed by Louis Imburgia, the former mayor of Miami Shores, FL and co-developer of public and private projects throughout the Miami area.  Steven Finegan & Associtates, will be the architects and Ray Canzinari & Associates will be the electrical engineers on the project.

    DDG has developed more than 200 residential housing units—from low and moderate income communities, to the middle and upper income 45 unit -Riverview Apartments under construction on the river in South Kenner. The company is now concentrating on filling the need for medical and tech office space that will provide numerous high-paying jobs and provide a higher tax basis for the city and state. Which Bruno envisions at eh catalyst to increase demand in the metro area housing market.

    Bruno and DDG and is also the development company that designed and is heading Century Park, a $20.2 million Class A office and retail center in Slidell, adjacent to the planned UNO Technology Center along the I-10 Technology corridor. One of the keys to Bruno’s successful real estate developments is that he tends to design his projects to add value and services to a larger surrounding development. In addition, his entrapneurial back ground and drive has shown he usually one of the first private developers that not hesitant to invest his own money in areas of the city he believes to be the imperative in the city’s recovery.
 

Panel OK’s office parks neer Slidell, Mandeville

Pre-Leasing Under Way at $20.2M Century Park Class A, Office/Retail Complex in Slidell

(New Orleans, LA) New Orleans developer Joshua Bruno of Downtown Development Group and OceanView Development Group of  New Orleans and California, are pre-leasing space in the new $20.2M Century Park Class A, Office and Retail Park located on 2.4 acres along the I-10 service road and Fremeaux Interchange—adjacent to the planned 400-acre UNO Research and Technology Park. 

    The 62,000 square foot complex will feature two office buildings—one two-story and the other four-story—and a one-story retail center. The project will be completed in three phases, with construction of Phase 1, the 12,000 square foot two-story office/retail building, planned to begin this summer with a target completion date of winter 2008.   The one-story 14,000 square foot retail center, featuring restaurants, retail, banking  and other service providers, will be constructed as Phase 2, followed by Phase 3, the four-story, 36,000 square foot office building.

    “Century Park features an environmentally-friendly and hurricane resistant design that emphasizes usable green spaces and natural light,” states Bruno. “With landscaped, lush green common spaces and parking, a view of lake Pontchartrain from the buildings, and a half-acre lakefront park, Century Park creates a peaceful and productive working environment.”

    The business park is easily accessible to the Twin Spans Bridge and the I-10 and I-12 business corridors that run west to Baton Rouge and east to Mississippi.   The actual site is located on high ground, 10-12 feet above sea level.  Century Park will be highly visible and is positioned to front onto Interstate 10.

    The office buildings and retail center at Century Park will be constructed with the advanced M-2 building system—combining state-of-the-art green technology and superior grade building materials that will become the future standard for the construction industry.

     Walls and flooring materials in the office and retail buildings will include corrugated polystyrene, high tensile electro welded steel and concrete to make the Century Park buildings resistant to damage from hurricanes, floods, fire mold and termite damage.  Wrap around ‘EZ On’ window panels that are hurricane rated are utilized in the design to maximize the natural light in office spaces.  The buildings are certified ‘Leed’ green construction.

    “Owners and tenants can expect significant savings in lower heating and air conditioning, water and even insurance costs since our energy efficient, advanced building materials are considered less of an underwriting risk,” states Bruno.

    Other amenities featured at Century Park are:  high speed wireless Internet access inside/out, a high tech 24-hour security entrance system, atrium lobbies and flexible, custom build outs.  Tenant units in the Phase 1 office building can be configured in sizes from 1,000 to 10,000 square feet and combined vertically, if desirable, with a staircase connecting two floors.

    Architect for Century Park is Steven J. Finegan Architects Ltd. of New Orleans who specialize in ergonomic and hurricane resistant architectural design.  The construction will be managed by Bruno, Inc which is a vertically integrated company in Acquisition-Design-Development-Construction-Management.   Leasing for the project is being handled by Joshua Bruno ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ).

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Joshua Bruno and his company, Downtown Development Group (DDG), has developed more than 200 residential housing units in metro New Orleans—from low and moderate income communities, to the middle and upper income 45-unit, Riverview Apartments under construction on the river in South Kenner.  He is also currently redeveloping the 1600 Canal Street office building in the New Orleans Medical District into the $16M Canal Medical and Technology Center.

 

Downtown Development Group to Build $1.75 million Riverview Apartments in Rivertown

    (New Orleans, LA) Downtown Development Group (DDG), headed by New Orleans developer Joshua Bruno, has begun construction on a 45-unit, $1.75 million apartment community—Riverview Apartments—at 1039 Third Street in South

Kenner in the Rivertown Neighborhood.   DDG is redeveloping four buildings on the two-acre site that formerly housed an assisted-living facility and hospital into a middle- to upper-middle income gated community.

    Phase One, the first 26 units along with office and laundry facilities, will be completed by mid-January. The final 19 apartments in Phase Two are scheduled for completion by mid-February.  Unit sizes start at 600 square feet and will rent for $730 a month.  Luxury 1,200 square foot units, with larger windows overlooking the Mississippi River and the Louis Armstrong Airport, will rent for approximately $1,600 per month.

     Riverview Apartments will feature $100,000 of lush landscaping, two courtyards, gated parking, horseshoe and tetherball courts, closed circuit TV security surveillance and free high-speed Internet access both inside units and outside.  The units will be constructed of hurricane resistant materials.

    “Riverview Apartments, the first of several multi-family communities I have planned for South Kenner, has the advantages of great location in a high demand area, high ground and modern lifestyle in a suburban setting.” states Bruno.

    Bruno is also developing Century Park, a $20.2 million Class A office and retail center in Slidell, adjacent to the planned UNO Technology Center along the I-10 Technology corridor.  

    Other real estate projects developed by DDG include:

  • Redevelopment of Heritage Business Park; Gretna, LA
  • Headquarter offices of Downtown Development Group/Metro Wide Apartments–6000 Sq. Ft. Hurricane Resistant building on Tulane Avenue; New Orleans, LA
  • Redevelopment of 6 duplexes in square block of Treme by St. Peter Clavier Church; New Orleans, LA
  • Three large low to moderate income Garden Style Multi-Family Properties built at the same time:
                 –Washington Gardens - 25 units on Washington Avenue; New Orleans, LA
                 –Washington Place - 24 units on Washington Avenue; New Orleans, LA
                 — Metairie Heights – 12 units; Metairie, LA

Downtown Development Group to Re-Develop Former LSU Medical Office Site into Medical Services Building

(New Orleans, LA) Downtown Development Group (DDG), headed by New Orleans developer Joshua Bruno, has signed a purchase agreement for the 124,000 square foot, 14-story UNO Technology Enterprises office building at 1600 Canal Street (corner of South Robertson) —formerly leased by LSU Health Sciences—and plans to redevelop it into a Class A, mixed-use medical & technology offices/services center.

     Construction is scheduled to begin in April, with a targeted completion date of August 2008.  The $16 million redevelopment project financed by Joshua Bruno & DDG and is also in negotiations with several private banks for additional funding, will feature lobby floor retail space, office support services, restaurant and bank. Bruno will also apply for a restoration tax abatement certification.

    Building amenities include a back-lit, red onyx lobby with marble floors, roof-top dining cabana, employee lounge, concierge services for offices and employees, and a high tech security entrance system and a 24-hour security officer.  Other building features are:  a digital phone system, wireless Internet, energy efficient electrical and plumbing systems and hurricane resistant windows.

    The 1600 Canal Street building is located next to the new Tulane Medical Center building that was donated by Murphy Oil and across from the new Bio-Medical Research and Lab Building. The site is bounded by the new federally-supported theatre district, the proposed Canal Street Technology corridor, the French Quarter and the Claiborne Avenue area that will be anchored by the country’s largest Home Depot

    “We are the only private Class A medical & technology office/retail center in the heart of the $3+ billion LSU-VA Hospital medical district,” states Bruno. “1600 Canal will be the premier location for private hospitals; pharmaceutical and bio-med companies; high tech firms; and physician, insurance and medical support offices.” “The city and state needs more of these types of industries to move forward and gain a competitive advantage with other cities of our size nation wide. We will be able to provide a building with services, design and amenities that no other class A building in Louisiana offers, at a price that’s comparable to most Class B buildings in the metro area.”

DDG is redeveloping and designing the building and Bruno, Inc. a vertically integrated real estate development company will manage and lease the property.  DDG will partner in the construction of the building with Imburgia Construction of Miami, FL, headed by Louis Imburgia, the former mayor of Miami Shores, FL and co-developer of public and private projects throughout the Miami area.  Steven Finegan & Associtates, will be the architects and Ray Canzinari & Associates will be the electrical engineers on the project.

    DDG has developed more than 200 residential housing units—from low and moderate income communities, to the middle and upper income 45 unit -Riverview Apartments under construction on the river in South Kenner. The company is now concentrating on filling the need for medical and tech office space that will provide numerous high-paying jobs and provide a higher tax basis for the city and state. Which Bruno envisions at eh catalyst to increase demand in the metro area housing market.

    Bruno and DDG and is also the development company that designed and is heading Century Park, a $20.2 million Class A office and retail center in Slidell, adjacent to the planned UNO Technology Center along the I-10 Technology corridor. One of the keys to Bruno’s successful real estate developments is that he tends to design his projects to add value and services to a larger surrounding development. In addition, his entrapneurial back ground and drive has shown he usually one of the first private developers that not hesitant to invest his own money in areas of the city he believes to be the imperative in the city’s recovery.

 

Downtown Development Group to Re-Develop Treme’s Rainbow Hotel into Apartment Units

    (New Orleans, LA) Downtown Development Group (DDG), headed by New Orleans developer Joshua Bruno, has signed an agreement to purchase the 58-unit Rainbow Hotel at 1937 St. Ann Street in Treme for $320,000—and plans to redevelop the hotel into 40 low- to moderate- income apartments.

     Construction on The St. Ann Square Apartments that will include 40 one-, two- and three-bedroom units and is scheduled to begin in late May, with a targeted completion date of September 2008.  The $2 million redevelopment project will be financed by First Bank and Trust and Bruno. 

    The apartment development will feature a gated court yard and usable green space along with gated off-street parking.  The units will be constructed with hurricane resistant steel and concrete bracing, energy efficient electrical and plumbing systems, and reinforced windows that comply with Dade County, FL hurricane codes.

    Other St. Ann Square Apartments amenities include:  wrap-around balconies, central air and heat, outdoor barbeque grills, a digital phone system, free wireless Internet, and closed circuit TV security surveillance system.   Unit sizes start at 600 square feet and will rent for $600 a month.  The three-bedroom units at 1200 square feet will rent for approximately $975 per month.

   DDG is designing and developing the St. Ann Square Apartments and Bruno, Inc., a vertically integrated real estate development company, will do the construction renovation. Metro-Wide Apartments, another Bruno company, will manage and lease the property.

      “St. Ann Square will provide additional affordable housing in the historic Treme area where there was considerable damage from Hurricane Katrina,” states Joshua Bruno.  “Hopefully, this project will contribute to the overall redevelopment of this important area adjacent to the French Quarter.” 

    This type of development is needed in the metro New Orleans area, Bruno explains, to house residents who have no place to live and are forced to live on the streets.

    In addition to the St. Ann Square Apartment units, Metro-Wide Apartments will open a neighborhood laundry-mat on St. Anna Street and N. Prieur.  The company will hire Tremeresidents to run the laundry and to provide janitorial services for the apartment complex.   Metro-Wide will also start a neighborhood crime watch program In Treme.

    “We will continue the partnership we began after the storm with numerous non-profit, housing programs like UNITY, Catholic Charities and the Archdiocese of New Orleans, along with FEMA, to provide attractive, safe, and affordable home environments,” states Bruno, who has developed six other rental properties in Treme in the last 2 ½ years.

    Since 2005, DDG has developed more than 200 residential housing units—from low and moderate income communities, to the middle and upper income 45-unit, Riverview Apartments currently under construction on the river in South Kenner.  Bruno is planning to develop over 150 additional multi-family, low- to moderate-income and middle- to upper-income units by the end of 2008.

     One of the keys to the success of Bruno’s real estate developments is designing his projects to add value and services to a larger surrounding community.  In addition, Bruno is one
of relatively few private developers who has been willing to invest his own money in areas of the city he believes to be critical to the city’s recovery.

    Bruno’s real estate development philosophy is based on increasing the quality of life by creating outdoor spaces that provide opportunities for residents and workers to enjoy ample green spaces and to integrate light and outdoor views into interiors.  His properties combine the convenience of city living with the beauty and security of suburban life.

    Bruno and DDG are also currently lead developers of Century Park, a $20.2 million Class A office and retail center planned for construction in Slidell— at the Fremeaux Interchange and Highway 190, adjacent to the planned UNO Technology Center along the I-10 Technology corridor.
The company is also redeveloping the 1600 Canal Street Office building, formerly owned by the University of New Orleans, into The Canal Medical and Technology Center—a $16M, Class A mixed use medical and technology office center.

      Other real estate projects developed by DDG include:

  • Redevelopment of Heritage Business Park; Gretna, LA
  • Headquarter offices of Downtown Development Group/Metro Wide Apartments–6000 Sq. Ft. Hurricane Resistant building on Tulane Avenue; New Orleans, LA
  • Three large low to moderate income Garden Style Multi-Family Properties built at the same time:
                –Washington Gardens - 25 units on Washington Avenue; New Orleans, LA
                –Washington Place - 24 units on Washington Avenue; New Orleans, LA
                –Metairie Heights – 12 units; Metairie, LA

 


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