1010 Common Street, Suite 902
New Orleans, LA
Office for Lease - $16 SqFt/Year - 512,593 SqFt Available
Property Info
CIMLS# | 446462 |
Location 1010 Common Street, Suite 902 New Orleans LA 70112 | |
Updated | August 19th, 2019 |
Type | Office |
Price | $16 SqFt/Year |
Building | 512,593 SqFt |
Property Description
The building is undergoing an exciting redevelopment with a future mixed use of updated modern office space, two hotels, and ground floor retail. This blend of concepts will offer office tenants unmatched amenities on site and an essentially brand new office tower.
Built in 1970 by world renowned architects Skidmore, Owings & Merrill, 1010 Common St. is a 31 story high rise tower. The building is listed on the National Register of Historic Places because it was the first high rise building in New Orleans to utilize high capacity long steel piles, a new steel foundation technology that has previously been limited to offshore oil rigs and other marine structures - meaning it could support significantly taller and heavier buildings than had ever been built. The success of the 1010 Common foundation, furthermore, was the catalyst for a major revision of the New Orleans Building Code that directly impacted the future of local high rise construction. Several notable skyscrapers were built on similar foundations based on the precedent of the 1010 Common building and the revised code. Therefore, the 1010 Common buiilding was a "first" that led to a pattern of development of taller and taller buildings that transformed the city's skyline.
The property has an attached 14 story parking garage offering ample parking for tenants with a rare CBD ratio of 2:1000 sf. 1010 Common also features 24 hour security, on-site management, and great views of the city through floor to ceiling windows.
**Property is currently under renovation and tenant will have the ability to carve out the space needed from an entire vacant floor. Very flexible floor plans. Attached floor plans are proposed designs based off of current configuration, but any modification is possible.
Please contact agent for more details. Gross lease with base year.