Over the past two years, several developments have been planned for the Bywater, including this 105-unit development and this much smaller 32-cent development by MK Red.
Now, Developer Ward Investments has announced plans to build a $ 3.2 million residential condominium, dubbed The Saxony, which is slated for completion in the spring of 2018. The development will replace an abandoned warehouse, formerly addressed at 3925 Burgundy Street.
This condo will be located less than a mile from a $ 30 million mixed-use condominium in Bywater that is already under construction.
Currently, Latter & Blum has listed six reservation units, ranging from $ 325,900 to $ 642,500. The units will have between one and three bedrooms and bathrooms, with a maximum of approximately 1,500 square feet. The listed penthouse unit will have two private balconies and a patio.
Canal Street Beat reports that the five-story development will have units starting at $ 189,000. All units will have hardwood floors, European style cabinetry and access to parking, gym and pool.
Construction of the complex will begin in September 2017.