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Iris Development purchased a vacant and recently rezoned vacant property, envisioning a mixed-income ground-up multi-family development with 2,500 SF of ground-floor retail and 70 residential units. Sandwiched between two extensive historic districts, the property presents a unique opportunity to provide high-quality multi-family housing in a much sought after neighborhood. The company is including affordable and workforce housing units, working with governmental and mission-driven partners to provide creative financing structures for the property. 2930 Burgundy is slated to break ground in April of 2019.

2930 Burgundy., New Orleans, LA 70117