A 90-year-old, city-owned landmark that, for years, was a haven for graffiti artists, urban explorers and the homeless, is on its way to returning to its intended, and only legally permitted, use — a home for those in need.
The final stage of the $32 million project is scheduled to begin next month at the historic Touro-Shakspeare Home in Algiers, which is being converted to 52 apartments for low-income seniors.
With the help of a $6 million loan from the city of New Orleans, HRI Communities this fall completed 10 months of structural stabilization work to stave off further decay. In December, the developer secured the $26 million in financing to complete the renovation phase…