HISTORY/OVERVIEW:
In 1997, HRI was awarded the Multifamily rehabilitation project award for the entire country for the renovation of this 19th Century mill building located in the Warehouse District of New Orleans. Built of heavy timber and masonry, the property features a 20,000 squarefoot interior courtyard, a renovated water tower, and a state of the art exercise facility. The Cotton Mill offers 8,000 square feet commercial space. There are seventeen luxury condominiums on the roof of the building which sold for an average price of $300,000 or $180 per square foot.
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