An entire city block in downtown New Orleans is being transformed into the Jung Hotel, a $130-million project with a $76-million construction tab. The redevelopment project will convert a nearly 100-year-old building on Canal Street into a 400,000-sq-ft, 18-story complex with both a hotel and an apartment complex.
The construction team has confronted historic preservation issues as well as stringent requirements stemming from tax credits and government funding.