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Developer relists storm-damaged Old Metairie high-rise at auction

KEY TAKEAWAYS: Tower Residences return to auction with $10M bid Once a 219-unit senior housing complex, vacant since Hurricane Ida Developer planned luxury condo conversion but financing collapsed Property marketed as “shovel ready” with permits and approvals complete The long-vacant Tower Residences of Old Metairie are heading back to the auction block Sept. 22 with a starting bid of $10 million, after a planned luxury makeover for the st…
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New Orleans CityBusiness broke the news in on Monday, September 22, 2025.
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