Tutor Perini Corporation, one of the largest general contractors in the United States with 2012 sales of $4.1B, has been hired HRI Properties to construct the 225 Baronne Mixed-Use Development Project in New Orleans. The development will include luxury apartments and a hotel. The contract is valued at $61.3 million. Tutor’s subsidiary Roy Anderson Corp. will undertake the project.
225 Baronne involves the conversion of an existing 31-story office building into a mixed-use development that will consist of 192 apartment units of mixed-income housing, a 188-room Aloft hotel, and a 356-space public parking garage.
Left completely vacant after Hurricane Katrina, the historic 225 Baronne building was at one time the tallest building in New Orleans. Roughly 300 new downtown residents will live in the tower’s residential units, which will have premium views and condo-level finishes. Amenities include an on-site property management office, a rooftop pool, fitness center, community room and on-site parking for both bicycles and cars. Construction began in November 2013, with anticipated project completion in December 2014.
Also included in the development is the demolition of the 919 Gravier Building and the construction of an enclosed structural steel parking garage ramp on the 919 Gravier Building lot to provide access to the parking garage levels in the 225 Baronne Street Building.