The Crescent Club
The Crescent Club is the development of 228 units of mixed-income rental housing, including 5,000sf of street front retail. 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 Crescent Club 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.
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Property Type
Mixed-Use, Mixed-Income Multifamily
Retail
LA GOZONE Recovery Project
Permanent Supportive Housing -
Apartments
228 One and Two Bedrooms
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Retail Space
3,000sf
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Services
New Orleans Police Department
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Development Cost
$54M
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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
December 2008
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Awards
Southeast Building Council Grand Aurora: Best Residential Site Under 100 Acres
Southeast Building Council Grand Aurora: Best Rehab Site
Affordable Housing Finance Reader's Choice Awards: Master-Planned/Mixed-Use Project -
Sustainability
Enterprise Green Building
