Downtown Development Group to Build $1.75 Million Riverview Apartments in Rivertown

(New Orleans, LA) Downtown Development Group (DDG), headed by New Orleans developer Joshua Bruno, has begun construction on a 45-unit, $1.75 million apartment community—Riverview Apartments—at 1039 Third Street in South

Kenner in the Rivertown Neighborhood.   DDG is redeveloping four buildings on the two-acre site that formerly housed an assisted-living facility and hospital into a middle- to upper-middle income gated community.

Phase One, the first 26 units along with office and laundry facilities, will be completed by mid-January. The final 19 apartments in Phase Two are scheduled for completion by mid-February.  Unit sizes start at 600 square feet and will rent for $730 a month.  Luxury 1,200 square foot units, with larger windows overlooking the Mississippi River and the Louis Armstrong Airport, will rent for approximately $1,600 per month.

Riverview Apartments will feature $100,000 of lush landscaping, two courtyards, gated parking, horseshoe and tetherball courts, closed circuit TV security surveillance and free high-speed Internet access both inside units and outside.  The units will be constructed of hurricane resistant materials.

“Riverview Apartments, the first of several multi-family communities I have planned for South Kenner, has the advantages of great location in a high demand area, high ground and modern lifestyle in a suburban setting.” states Bruno.

Bruno is also developing Century Park, a $20.2 million Class A office and retail center in Slidell, adjacent to the planned UNO Technology Center along the I-10 Technology corridor.

Other real estate projects developed by DDG include:

  • Redevelopment of Heritage Business Park; Gretna, LA
  • Headquarter offices of Downtown Development Group/Metro Wide Apartments–6000 Sq. Ft. Hurricane Resistant building on Tulane Avenue; New Orleans, LA
  • Redevelopment of 6 duplexes in square block of Treme by St. Peter Clavier Church; New Orleans, LA
  • Three large low to moderate income Garden Style Multi-Family Properties built at the same time:
    –Washington Gardens – 25 units on Washington Avenue; New Orleans, LA
    –Washington Place – 24 units on Washington Avenue; New Orleans, LA
    — Metairie Heights – 12 units; Metairie, LA