Big New Condo-Hotel Project Planned For New Orleans
It seems strange to me that there has never been a condo-hotel in New Orleans but New Orleans developers Angelo Farrell and Lee Laporte have announced plans for the Louisiana's first condominium hotel. They plan to restore the Cosmopolitan Hotel in the French Quarter, turning it into the Royal Cosmopolitan. They plan to restore the original interior and facade of the Cosmopolitan and then add on a 26 floor tower which will be set back from Royal Street in order not to blight the architectural integrity of the French Quarter streetscape. There will be 107 condominium suites and the 24 guest rooms in the hotel and it will now have a rooftop Infinity swimming pool, a lounge and restaurant on the 26th floor with panoramic views of the city and a signature restaurant and bar on the lobby level. Condos will range in price from $349,000 for a studio suite to $875,000 for a penthouse suite. Construction is expected to begin in 2008 and it is scheduled to open for business in the fall of 2009.