If constructed as planned, this would become the tallest building in both New Orleans and the state of Louisiana.
This will have 12 floors of parking and the potential for ground level retail.
Units will range in size from between 600 and 2,000 square feet.
The Grand Regency was proposed for this site in the late 1990s.
In summer 2006, the design was altered to eliminate all exterior balconies in order to increase the square footage of all its units.
Project originally announced on August 25, 2005, only four days prior to Hurricane Katrina striking the city.
Although it will be listed as having 70 floors, the tower will not have a 13th floor resulting in the official count of 69 floors.
Floors 1-2 will contain retail; floors 3-15 will be parking; floors 18-32 would be a 435-unit condo hotel; and floors 39-69 will contain 299 condominium units.
This will be topped with a 126-foot tall spire.
Upon its completion, this will become the tallest building along the Gulf Coast outside of Houston, surpassing the RSA Battle House Tower in Mobile.