Reserve Hotel
Welcome to the Reserve Hotel, a six-story masterpiece of luxury and electric noir design, conveniently situated on the St. Charles streetcar line and within walking distance of New Orleans' French Quarter. Nestled in the historic Federal Reserve building, this exclusive retreat caters to affluent guests, delivering an unrivaled experience in opulence and sophistication.
Our pièce de résistance is The Vault, a speakeasy bar tucked away in the original 1923 bank vault, inviting guests to savor intimate, prohibition-era-inspired mixology.
Project Overview.
Luxury Boutique Hotel
49,000 Sq Ft
$3,500,000 Equity Gap
Year 3 NOI $2,400,000
Historic Prime CBD District
45% Subsidy Historic Tax Credits + Ozone
$33M Total Acquisition & Development Cost
Fully Approved Senior Debt at 73% LTC at 8.5%
Hotel Opening 2026
Famous Award-winning Chef Onboard
LP Partners Prioritized
Expected to Obtain Permits On Or Before December 2024
Project overview.
The vision.
Location.
Building plan 1.
Building plan 2.
Building plan 3.
Management contract.
Timeline.
Tax credit structure.
