The Sugar Plantation Condos were a new condo development that opened for pre-sales in the Spring of 2005. The condos were basically new construction with the exterior walls of an old warehouse. The 43 units sold with the first week of being offered. At the time they were about 80% complete. Most of the units were 2 bedroom units. All the units had garage parking and a storage area.
The Warehouse District condos featured granite counter tops, stainless steel appliances, polished concrete floors, open kitchens with plenty of cabinets, full size washer and dryers, high ceilings, crown molding and large master suites. The more expensive units had patios, street views, balconies and were larger. Most of the units had at least one exposed brick wall for that New Orleans Warehouse feel. The units had an upscale feel to them. The developer did not put up enough lights in the units but people have chosen their own lights to brighten things up.
The developer finished off all the units in the same fashion and the buyers were not allowed to pick and chose their colors and cabinets.
The common areas included a pool with a courtyard. There are 2 elevators. The garage entrance is on Commerce with inside access to the lobby and thge condos. Each unit had a large storage area on the first floor. There is a first class party and meeting room. There is also a small gym looking out onto the pool area. The courtyard is and pool are surrounded by units and the excercise room on the gound floor.
Today’s pricing is giving the initial investors a tidy profit. The smaller units are going in the upper 380K range and the nicer units right under 500k depending on size, views and the location with the complex. The prices have remained steady for the most part of the last 2 years. There normally seems to be about two condos in the building for sale at any given time. The less expensive units do not have any great views and you often face a brick wall.
The new kitchens were large and generally opened into the living areas. There is ample cabinets and counter space in all the units. Some of the larger 2 bedroom units will have a small study. These are the units over 1500 sq. ft. The smaller units are in the 1200 to 1300 sq. ft. range. The building itself is very quiet and the units are quite spread out. There are no units on the first floor.
The location is a plus as you are half a block from Julia Street which I consider the center of the New Orleans Warehouse District. You are within 3 blocks or 5-6 really good restaurants and an easy walk to RiverWalk and to Harrah’s Casino. This will become more popular as Fulton Street is continuing to be developed into a New Orleans Destination. There is a lot of things going on with the expansion of the World War II Museum and the New Orleans Convention Center.