Projects would add 310 units
Plans for two LSU-area multifamily housing developments, which would add 310 units, have been submitted to the city-parish Planning Commission.
The developments are The Standard, a 274-unit development that would be built on West Chimes Street across from the LSU Natatorium, and the second phase of the 333 Lofts on East Boyd Street, just outside the South Gates of LSU.
It will include 36 loft condominiums.
The Standard is being developed by Landmark Properties, of Athens, Ga., which has student housing complexes mainly in the South. The company has developments in cities such as Athens; Oxford, Miss.; Tuscaloosa, Ala.; Knoxville, Tenn.; and Columbia, S.C.
Over the past few years, Landmark said it has developed and built more than $500 million worth of student housing.
The development will take up a 4.5-acre block bordered by West Chimes, Aster, Iowa and Alaska streets. It will be made up of a five-story apartment building and a six-story parking garage with a rooftop pool.
The 333 Lofts opened in summer 2012. Developer Brian Dantin said the 28 units sold out in 10 months. That led to the construction of the second phase, which is next to the existing development.
Plans are to demolish two existing homes and build the three-story development, which will have 36 units.
Dantin said units in 333 Lofts North will sell for $230,000 for a two-bedroom unit and $300,000 for a three-bedroom.
“This is aimed more at students or the game-day crowd,” he said.
The 333 Lofts North will have the same amenities and feel as the existing 333 Lofts, with industrial lofts and a swimming pool.
If the plans for the development are approved, Dantin wants to break ground on 333 Lofts North in late spring 2014 and have the development open by summer 2015.
The planning commission is set to consider The Standard and 333 Lofts North at its Nov. 20 meeting.