Talbot Realty Group Presents this Multi-family / Hotel Development Opportunity (“the Property”), a ±200 Room (±108,000 Sf) CBD Redevelopment Site. This highly visible building is ideally located on Canal Street in the Biomedical District of New Orleans, Louisiana. The Property offers approximately 180 feet of frontage along prominent Canal Street and is directly situated on the Streetcar Line. Its highly visible positioning is in the epicenter of New Orleans businesses and transportation routes allowing for first-class convenience and accessibility. 1630 Canal St. is in the city’s Biomedical District, which provides world-class biosciences research and development, healthcare delivery, and high-paying jobs. The Biomedical District— which includes the Veterans Administration Hospital, the new University Medical Center, the Louisiana Cancer Research Center, and the New Orleans Bioinnovation Center—is creating an economic impact of $3.3 billion and has created 34,000 new jobs in the region. The property has been determined to qualify for historic tax credits on the Federal and State levels and is located in an opportunity zone. The Canal Street location offers the opportunity to redevelop an impressive short/ long-term stay service or hotel tower, with direct access to the CBD, Medical District, Warehouse District, and the French Quarter. 1630 Canal Street is strategically located for walkability to the most acclaimed restaurants, premier shopping, and entertainment in the heart of New Orleans. It is only blocks away from the Superdome, and a drive of less than five minutes to Caesar's Casino and the Convention Center.