After a long and arduous 7 years, the developer of the Tracage luxury apartment building in the Warehouse District finally got final approval to build the 16 story building in early January.
New Orleans-based developer TJ Iarocci finally broke ground on the project and started moving dirt at some point in the last 30 days. The pictures below show the first crane and construction equipment at the site.
Traçage is being built where Annunciation Street meets the Pontchartrain Expressway, and will include 140 luxury rate apartments, 6,000 square feet of retail space on the ground floor and155 parking spots.
Traçage was originally proposed and approved in 2005 with no height limit. The original groundbreaking was set for 2007, with Spectrum Capital as the financier. Neighbors were pissed at the size of the building and sued to prevent it. The case went all the way to the Louisiana Supreme Court where the developers eventually won, but it delayed the project almost 8 years.
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