A pair of surface parking lots adjacent to the Piazza d’Italia public plaza in the Central Business district is being pegged for new development by the city.
In an effort to take better advantage of the public space, which sits tucked away among surrounding hotels and office towers, Mayor Mitch Landrieu’s administration announced Tuesday it is seeking proposals for the redevelopment of the two city-owned lots at 542 Tchoupitoulas St. and 545 S. Peters St.
According to the statement, the city is looking for experienced real estate developers to propose a “first class commercial and/or mixed-use project” that could include luxury residential, retail, hotel or other professional office use, with entertainment components and other related amenities. Any proposed plan must also include a plan to address the parking needs for the proposed use.
For full story, visit CityBusiness.