New Orleans Construction Pipeline 2Q24

MARKET SNAPSHOT

Existing Units

0 %

share of existing inventory uc

total units under construction or in lease-up

# 0

rank*

1 = Highest Share of Inventory UC

units delivering in next 4q

delivered in the last 4q

* Rank is based on the share of inventory (Units Under Construction/existing inventory) for the largest 150 Markets

Construction Pipeline

Prospective

3,553 Units

Planned

536 Units

Under Construction

321 Units

UC/Lease-Up

186 Units

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METHODOLOGY

Rental Category

Multifamily Starts

Submarket Breakdown

New Orleans Construction Pipeline

The information provided in this construction pipeline map is obtained from CoStar. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

Full Data Table

Submarket	Property Name	Address	City	State	ZIP	Unit Count	Property Status
5 - Lower Garden District	Memoir Warehouse District	808 Constance Street	New Orleans	LA	70130	113	UC/Lease-up
11 - Metairie	Lafreniere Living	2900 Wytchwood Drive	Metairie	LA	70003	73	UC/Lease-up
1 - Central City-Garden District	3401 St. Charles Avenue	3401 St. Charles Avenue	New Orleans	LA	70115	114	Planned
3 - Mid-City	1717 Canal Street	1717 Canal Street	New Orleans	LA	70112	212	Prospective
3 - Mid-City	St. Peter Phase II, The	2640 Saint Peter Street	New Orleans	LA	70119	50	Prospective
4 - French Quarter	1515 Poydras Street	1515 Poydras Street	New Orleans	LA	70112	430	Prospective
5 - Lower Garden District	Tchoupitoulas Street	Magazine Street & Melpomene Street	New Orleans	LA	70130	280	Prospective
10 - River Ridge	144 Lots @ Jefferson Parish	Arnoult Road & River Road	Jefferson	LA	70121	288	Prospective
10 - River Ridge	Elmwood Town Center	1200 South Clearview Pkwy	New Orleans	LA	70123	250	Prospective
11 - Metairie	Metro at Clearview, The	4409 Trenton Street	Metairie	LA	70006	270	Under Construction
14 - Bywater	Clouet	1301 Clouet Street	New Orleans	LA	70117	50	Prospective
14 - Bywater	Former Naval Base	4400 Dauphine Street	New Orleans	LA	70117	320	Prospective
16 - Algiers	New Orleans Riverside at Historic Algiers	2500 General Meyer Avenue	New Orleans	LA	70114	100	Prospective
18 - Kenner	Esplanade Mall, The	SEC North Bayou Road & Sugar Mill Road	Kenner	LA	70065	256	Prospective
36 - Covington	Privette Townhomes	1010 Ronald Reagan Hwy	Covington	LA	70433	50	Prospective
1 - Central City-Garden District	Jackson Oaks	625 Jackson Avenue	New Orleans	LA	70130	211	Prospective
3 - Mid-City	St. Bernard Circle	1431 St. Bernard Avenue	New Orleans	LA	70116	51	Under Construction
4 - French Quarter	Charity Hospital Redevelopment	1532 Tulane Avenue	New Orleans	LA	70112	300	Prospective
4 - French Quarter	Two Saints	867 St. Charles Avenue	New Orleans	LA	70130	218	Planned
5 - Lower Garden District	Convention Center Riverfront	Euterpe Street & Annunciation Street	New Orleans	LA	70130	620	Prospective
14 - Bywater	4100 Royal Street	4100 Royal Street	New Orleans	LA	70177	136	Prospective
16 - Algiers	Christopher Park	3211 Rose Lane	New Orleans	LA	70114	204	Planned