New Orleans-based Sazerac Company announced last week that it has purchased two historic buildings at the corner of Canal and Magazine Streets, and plans to convert them in to The Sazerac House, a cocktail museum focused on Sazerac.
The two buildings, formerly known as the Katz Buildings, are over 200 years old and sit directly adjacent to the Sheraton Hotel. They have been vacant for more than 30 years, and were co-owned by Starwood and Met Life. Zella May was the listing agent, and the group saw over 20 offers to purchase before settling on Sazerac. Starwood and MetLife were criticized over the years for letting the property sit their vacant.
Sazerac plans to turn the building into a museum about Sazerac, the “official cocktail of New Orleans”, along with other New Orleans liquor brands. The museum will also feature the historical role the city played in the bourbon and rum industries and in American cocktail culture. In addition to the museum, the complex will include a gift shop and the Sazerac company offices, where 60 employees will eventually be housed. Right now, the employees work out of Metairie office building. 45 of the positions will be new.
Ryan Gootee is the general contractor, and Trapolin-Peer are the architects.