BonVi Apartments

882 Montegut
882 Montegut St.

LOCATION
Bywater, New Orleans

PROPERTY TYPE
Mixed used

SIZE
70 Units

STATUS
Completed 2022

AMENITIES
Secured Parking
Roof deck
Pool
Gym
Retail
Sprinklers
Weekday concierge
Package room
Secured bike parking
EV charge stations

DESIGN ARCHITECT
RW Architects

SUSTAINABILITY
Energy Star Appliances

Iris Development purchased a vacant and recently rezoned property, envisioning a mixed-income ground -up multi-family development with 2,500 SF of ground-floor retail and 70 residential units.

Sandwiched between two extensive historic districts, the property presents a unique opportunity to provide high-quality multi-family housing in a much sought after neighborhood. Iris is including affordable and workforce housing units, working with governmental and mission-driven partners to provide creative financing structures for the property, 12 units of which are affordable for a 99-year term.