The old New Orleans Public Service Building (NOPSI) sold in February 2015 to a Connecticut real estate development shop for $11.6 million.
The purchasers, Building and Land Technology out of Connecticut, have partnered with Salamander Hotels & Resorts and Woodward Interests to develop the building in to a 217-room hotel with a restaurant, a rooftop pool and bar, and about 10,000 square feet of meeting space. The redevelopment also includes the adjacent Dryades Building, which will be converted in to event space.
Salamander Hotels & Resorts will manage the property and Woodward Design + Build is the GC. Construction costs alone are over $33 million.
Plans call for room sizes between 350 and 800 square feet, an extra penthouse floor for suites, spa, and a rooftop pool and bar. The hotel restaurant will be named Public Service, and will feature a raw bar and pizzas.
Constructed has started and the property is set to open in spring 2017.
[…] The old New Orleans Public Service Building (NOPSI) sold in February 2015 to a Connecticut real estate development shop for $11.6 million. […]
[…] Building and Land Technology purchased the 200,000 square foot building in 2015 for $11.6 million and proceeding with a $33 million renovation. […]