Monthly Archives: May 2009

by CityBusiness Staff Report A new apartment complex in Treme is set to have a grand opening Thursday. New Orleans-based Downtown Development Group redeveloped the former Rainbow Hotel into 44 one- and two-bedroom apartments. Units will rent for $595 for a 600-square-foot apartment and approximately $845 for a two-bedroom, “St. Ann Square will provide additional

by CityBusiness Staff Report NEW ORLEANS – A New Orleans developer plans to convert a Treme hotel into 40 low- to moderate-income apartments in a $2-million project. Joshua Bruno, the 27-year-old head of New Orleans-based Downtown Development Group, said he has signed an agreement to buy the 58-unit Rainbow Hotel, 1937 St. Ann St., for

ALGIERS, La. — A new community set to open next month in Treme is designed to help people still struggling to rebuild their lives. For David Jones and his wife, the search for affordable housing in New Orleans post-Hurricane Katrina hasn’t been easy. “We’re looking for something nice, reliable with security, somewhere safe,” Jones said.