Estate Of the Day: New Orleans Condo Development

November 14, 2007 | Posted by bLavish as Estate of the Day at 8:00 am | Comments off

new-orleans-condo.jpgWell, it’s not exactly an estate, but New Orleans will be seeing its first condo hotel by the year 2009.

Developed by Angelo Farrell & Lee Laporte, Louisiana’s first condominium hotel is planned on being built in the restored Cosmopolitan Hotel in the infamous French Quarter.  Looks like Angelina Jolie & Brad Pitt will be having more neighbors in just a few short years.

Farrell & Laporte plan on adding a 26-floor tower at the base of the Cosmopolitan Hotel, and hence renaming it to the Royal Cosmopolitan.  Has a nice ring to it, doesn’t it?  Price for condos will range from $349,000 for a simple yet luxurious studio to $875,000 for a penthouse suite.