The Preserve

The Preserve is the development of 183 units of mixed-income rental housing. The project is part of Domain’s multi-phase initiative to revitalize the rapidly-growing area of Mid-City, New Orleans known as the Tulane Avenue Corridor. The Preserve set the standard for the New Orleans rental market, offering a previously unseen level of architectural quality, amenities and services. Domain was among the pioneering development firms working with the Louisiana and Federal governments to establish development programs and provide severely needed housing in post-Katrina New Orleans.

  • Property Type

    Mixed-Income Multifamily
    LA GOZONE Recovery Project
    Permanent Supportive Housing

  • Apartments

    183 One and Two Bedrooms

  • Development Cost

    $43M

  • Financing

    Bank of America
    Centerline Capital
    Jones Lang LaSalle/Freddie Mac
    LHFA Low Income Housing Tax Credits
    LA OCD HUD Community Development Block Grant
    LA Enterprise Zone
    New Orleans IDB Taxable Bonds
    New Orleans IDB PILOT
    City of New Orleans Infrastructure Funding

  • Completion Date

    November 2008

  • Awards

    Multifamily Executive Editor's Choice Award
    Affordable Housing Finance Reader's Choice Awards: Best Urban Project
    Multifamily Executive Grand Award: Best Reuse of Land
    Multifamily Executive Merit Award: Mixed-Income
    Southeast Building Council Aurora: Best in State for LA
    Southeast Building Council Grand Aurora: Best Mixed Income Project

  • Sustainability

    Enterprise Green Building

4301 Tulane Ave
New Orleans, LA 70119
Email >
844 717 6804
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