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The deadline has now come and gone for proposals to redevelop the empty Metairie Towers condominium complex. It is another step toward getting the condo owners a payout after years of uncertainty.
The Old Metairie building has been empty since Hurricane Ida, when high wind ripped off part of the roof. Months later, a contractor trying to repair the electrical and water systems inside the building accidentally flooded it.
In September 2022, residents were told they would be able to return in 12 months. That came and went, and this fall the board that controls the complex voted to put it up for sale rather than continue to renovate it.
Developers submitted proposals for the future of the building until Friday’s deadline. Ron Carter, president of the Board, said neither he nor other board members have seen the proposals. He said real estate agent Shaun McCarthy is compiling them and will pass them on to the board.
“It’ll be an end to a really long and arduous process they’ve been through,” McCarthy said of Metairie Towers’ residents, “these people who’ve been through a lot.”
219 condos
A successful redevelopment would also be a boon to the community, especially if it becomes another multi-family housing complex, said Jefferson Parish Council member Jennifer Van Vrancken.
“There’s really a lack of places where people can buy a condominium in Jefferson Parish,” said Van Vrancken, whose district includes Old Metairie.
Metairie Towers has 219 units. Van Vrancken said that because of the way the property is zoned, turning it into anything besides multi-family housing would mean an extra step for the next developer.
McCarthy said some of the proposals would leave the building intact, and others would tear it down and start over. He said the board might even choose “two or three” proposals then decide on a winner later.
Carter said the price will depend on what the eventual developer has planned. He and the rest of the board will start reviewing proposals on Monday.
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