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| The former entrance to Noble Horse Theater in Old Town (all photos Eric Rojas, Broker, Kale Realty) |
A few years ago I walked around the site of the
Noble Horse Theater building at 1410 N Orleans in Old Town. I called the theater owner and redevelopment looked eminent. I wondered who would gain control of the site and what would inevitably be developed. My thought at the time was residential units would do well at the location.
Crain's reports today that LG Development will opt for condos over the original rental building plan. I think this is a good move.
The median price of a sold condo is about $450,000 in Old Town including mid and high-rise style buildings such as the one proposed for this site.
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| Carriages housed at the old property. |
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