New Orleans’ Central Business District is set to be the home of Marcel Wiznia’s $44 million co-living project named Two Saints. The project, located at the intersection of St. Charles Avenue and St. Joseph Street, will now include a bowling alley with a restaurant and bar. The New Orleans City Council approved the bowling alley in their July 5, 2020 meeting with one condition, the project will include affordable housing units.
Among the project, 40 units of the 218 units will have several rooms that would be rented, one tenant per private bedroom, that will share a kitchen and living room with other renters. In order to rent one of these shared units, you must make between 60% and 80% of the area’s median income. Rent would be less than $1,000 a month on the 40 units while the other 218 will rent between $1,400 and $1,500. This is part of the agreement made between the developers and the Industrial Development Board and is part of the program called payment in lieu of taxes.
“This will help us in our ability to provide affordable housing for working people here in this city,” Councilman Jay H. Banks, who represents the district said.
The 141,000-square-foot project plans to include a bowling alley which will be run by the franchise Punch Bowl Social. The bowling-themed entertainment venue will include bowling lanes, a variety of other games including darts, karaoke and a restaurant with several bars.
Current residents that are close to the proposed project have some concerns but the project will be bound to certain set hours. In order for the project to work with affordable housing, the commercial aspect is a must.
“I know there were concerns about the commercial aspect of this development but the fact of the matter is they needed some kind of commercial supplement to make the numbers work,” Banks said.
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