K&B Plaza
HISTORIC BUILDING - READY FOR OCCUPANCY OR REDEVELOPMENT
Marketing description
1055 St. Charles Avenue is a distinguished, award-winning multi-tenant office building that offers a blend of architectural significance, innovative design, and exceptional flexibility. A large adjacent surface parking lot provides convenient parking or the opportunity to expand. The site is within easy access of all major points and attractions in New Orleans along one of the city’s primary streets.
Designed in 1962 by Skidmore, Owings and Merrill (SOM), this International Style building was first home to John Hancock Mutual Life Insurance. It was purchased in 1973 by K&B, Inc. and renamed K&B Plaza. The first floor is a spacious lobby overlooking the 8' high plaza, while floors 2-6 are home to office tenants. The 7th floor remains in use by K&B.
This is a rare opportunity to acquire a historically prestigious property that is well positioned to play a significant role in the future of New Orleans. As a National Historic Landmark property, this building qualifies for historic tax credits.
Investment highlights
Architectural landmark - designed by famous architecture firm, has National Landmark status
Prime location, along the St. Charles Streetcar line with easy access to the Pontchartrain Expressway
Walking Distance to world-class restaurants, museums, businesses, and more
Prestigious local legacy with the potential for a dynamic future
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