Esplanade Delille Apartments: New Affordable Housing & Retail
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Groundbreaking for Esplanade Delille Apartments: A Mixed-Use Project for Affordable Housing and Local Commerce
The Esplanade Delille Apartments, a 50-unit mixed-use project, began construction on March 20th, transforming a long-vacant city-owned site into affordable apartments and retail space. The project includes 37 affordable units, 13 market-rate units, and 15 with project-based vouchers. It aims to boost local commerce by prioritizing space for small, minority- and women-owned businesses. Financed by a city loan, a loan from the New Orleans Redevelopment Authority, low-income housing tax credits, and support from First Horizon Bank, the project is led by Builders Landis Construction and architect HCI. It offers amenities like off-street parking, a fitness center, bike storage, and green spaces, meeting top sustainability standards. The project supports families and stability in areas like the former Iberville public housing zone, creating construction jobs and long-term economic benefits.
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