Sidney Torres Plans Large French Quarter Development On Two Square Blocks

by • February 24, 2016 • Development, French QuarterComments (1)2938

Image of the Carmelite Monastery via Google Maps.

Image of the Carmelite Monastery via Google Maps.

New Orleans businessman Sidney Torres IV announced his plans to redevelop the old Carmelite Monastery in the French Quarter into a mixed-use development.

Torres announced yesterday that he has purchased the property from the Archdiocese of New Orleans.  He was one of eight developers to bid on the site in December.

The property itself is bounded by Rampart, Burgundy, Gov. Nicholls and Barracks streets, and stretches almost an entire city block.  It also includes a parking lot across Rampart Street.

Torres told Nola.com that he is planning a mixed-use project with apartments and commercial space.

The property was built in 1895 as a monastery for nuns, and was converted in the 1970’s into a treatment center.  The site includes four houses, living quarters, courtyards, and a large church building.

Read more from nola.com.

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One Response to Sidney Torres Plans Large French Quarter Development On Two Square Blocks

  1. […] New Orleans businessman Sidney Torres IV announced his plans to redevelop the old Carmelite Monastery in the French Quarter into a mixed-use development. – Read More […]

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