NEW ORLEANS ― Young professionals, families, and empty-nesters seeking a downtown address can now own a piece of history in one of Canal Street’s most renowned landmarks. Restored to its original state in 2008 when KFK Group converted the former department store, 110 luxury residences ranging from $219,900 to $1,153,900 are now available for purchase at 1201 Canal St.
The 1201 Canal Condominiums offer an upscale community with hotel-style amenities including a rooftop pool and spa overlooking the downtown skyline, 24-hour valet parking and security, granite countertops, and a professionally-designed fitness center, development reps said.
For nearly a century, Canal Street was lined by people making their way into the historic Krauss Department Store, once the largest of its kind in the South. From the ladies lunching on the Formica counter with round, red stools, to the madams shopping for satin and lace, the Krauss building enjoys a unique and storied place in New Orleans history.
"When I was growing up, coming downtown and shopping at the Krauss Department Store was the thing to do,” said current 1201 Canal condo owner Brenda Riddle. “When the condos became available, we moved in and it was the best move we have ever made.”
Upper Canal Street is once again emerging as a place where people flock for business, and entertainment, development reps said. The 1201 Canal Condominiums are located across the street from the Tulane Medical Center, the renovated Joy and Saenger theaters, and the Canal Street streetcar is just outside the front door. The French Quarter and Central Business District are both just a short stroll away.
KFK Group, an award-winning developer with an urban focus and extensive historic rehabilitation expertise has a portfolio of other notable condominium projects in the city including 1205 St. Charles Condominiums, St. Elizabeth Condominiums, and St. Joseph Condominiums.
