Brisbi owner’s condominium seeks approval from Non-Flood Authority
A proposal for a 16-unit condominium project to be developed at the “Parcel K” space in the Orleans Marina will go before the Non-Flood Protection Asset Management Authority at their board meeting on May 25.
The condominium proposal submitted by Jonathan Brisbi, owner of Brisbi’s Lakefront Restaurant, and father George is not connected to the restaurant in anyway, according to Jonathan Brisbi. He and his father are contractors by trade, he said, and starting the Lakefront restaurant was a separate venture of his, but an opportunity for development happened to arise in the neighborhood of his restaurant.
“It’s a shame to let waterfront real estate go to waste, so we’re glad to get the throttle down in getting it developed,” Brisbi said.
Brisbi Developments previously competed with Hodgins Property One’s Christopher Hodgins in a bidding war for the Parcel K property in the Orleans Marina. Hodgins proposed a 24-unit apartment complex that would be run in conjunction with Sailboat Bay Apartments. At a meeting for a Non-Flood committee on May 4, officials announced that they scored Brisbi Developments’ proposal 5 percent higher than Hodgins Property One’s.
Parcel K, located in the 8600 block of Pontchartrain Boulevard inside the Orleans Marina, sits behind the Sailboat Bay Apartment complex that Hodgins Property One owns.
Hodgins commended the Brisbi family at the Non-Flood committee meeting and said since they could be neighbors, the two developers should not have any bad blood between them.
“You can come to us for anything you need,” Hodgins said. “We’ll be right there, so congratulations.”
Brisbi Developments’ condominiums in the marina will be a total of four buildings standing at two stories tall. Jonathan Brisbi said that they may work out a joint deal with the Orleans Marina for tenants that wish to utilize both assets in the area.
“I think those advantages will be on the water in general,” Brisbi said. “Now you have several restaurants in walking distances. There’s plenty to do out here.”
Brisbi explained that even though New Orleans is surrounded by water, there’s not a lot “on the water”, and waterfront in the city is rare. He said now, more people like bureaucrats and private developers are understanding that this part of Orleans Parish is prominent real estate, and that it is important to develop waterfront real estate in particular.
“Now the lakefront is making some real traction, potentially attracting not just locals but also tourists.”
Commissioner Leila Eames of the Non-Flood commercial real estate committee said she can’t wait to see what comes of this development in the Orleans Marina.
“We’re blowing up the Lakefront,” Eames said at the real estate committee meeting.