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Author
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Topic: New Fairfield resort in New Orleans
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jkmeinhardt
TUG MemberPosts: 110
From: Middletown, Ohio
Registered: Oct 2003
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posted 01-16-2005 14:35
    
I saw this on the "Timeshare Beat" and thought it might be of interest.Press Release: Fairfield Resorts
January 14, 2005
ORLANDO, FL -- Fairfield Resorts, Inc., the largest vacation ownership company in the world with more than 450,000 owner families, yesterday announced that the company has acquired the Franklin Printing building adjacent to the French Quarter in downtown New Orleans, with plans to convert the former industrial complex into a 119-unit timeshare resort. IP: Logged |
retailman
TUG MemberPosts: 479
From: DENHAM SPRINGS LA USA
Registered: Nov 2001
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posted 01-17-2005 06:04
I wonder what happened to the moretorum on timeshares in New Orleans. I alway heard no more timeshares could be built, because
of city ordenance.
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john m jones IP: Logged |
GinGin
TUG MemberPosts: 8680
From:
Registered: Apr 2002
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posted 01-17-2005 08:00
I was also under that same impression with the moratorium, but I suppose if the timeshare is to be in an existing building then the moratorium doesn't count. I guess the moratorium meant new construction. That's the only thing I can come up with.------------------
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GinGin
TUG MemberPosts: 8680
From:
Registered: Apr 2002
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posted 01-17-2005 08:02
I know Hotel de L'Eau Vive bought a building adjacent to them and remodeled it for new timeshares after the moratorium. There's so many empty buildings and warehouses in downtown NOLA that something needs to be done with them.------------------
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Fern Modena
TUG MemberPosts: 7601
From: Southern Nevada
Registered: Dec 2000
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posted 01-17-2005 08:42
I think the key words here are "adjacent to the French Quarter." I think that its not actually *in* the Quarter. I also think the moratorium is only in the Quarter.Fern ------------------
Fern Modena
©My words are my own, please don't use them without my permission. IP: Logged |
wininbid
TUG MemberPosts: 1
From: Ponchatoula, LA USA
Registered: Jan 2005
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posted 01-20-2005 18:33
I went to a Fairfield presentation in New Orleans in August. It isn't the one you are talking about here, but one on St Charles Ave. (Street the streetcar passes on, and on the route of many Mardi Gras parades). The explanation they gave me was that no NEW buildings could be constructed for timeshares, but existing buildings could be converted. The one we toured was an old hotel, but it was far from finished. They were pre-selling. We were also told about the one in the Quarter. Not sure exactly where that one is located.IP: Logged |
Fern Modena
TUG MemberPosts: 7601
From: Southern Nevada
Registered: Dec 2000
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posted 01-21-2005 07:43
I managed to side-step all the FF OPC's at Harrah's (and there are a ton of them), so I didn't do a tour. However, it appears that FF has obtained some inventory at Avenue Plaza on St Charles, cause it has a Fairfield Resorts banner out front now. Or at least that is what I thought I saw when we drove past on our way to Copeland's for dinner (yum! St. Charles & Napoleon, wonderful dinner!).Fern ------------------
Fern Modena
©My words are my own, please don't use them without my permission. IP: Logged |
GinGin
TUG MemberPosts: 8680
From:
Registered: Apr 2002
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posted 01-21-2005 08:30
It seems Fairfield renovated an old building adjacent to Avenue Plaza on St. Charles. We saw that while we were there, but I'm not sure if it's affilated with Avenue Plaza or if Fairfield has bought out Avenue Plaza from Equivest. Fern, looks like you and Jerry made it just in time for some warm temps in NOLA. We, in ths south, had been under a cold dome of air for the last week but temps are starting on the rise now and should warm up nicely by the cruise Sunday. Actually, I MUCH prefer it cool in NOLA than hot and humid any day. ------------------
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abelee
TUG MemberPosts: 384
From: Upstate New York, USA
Registered: Sep 2001
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posted 01-21-2005 08:57
Fairfield has owned the Avenue Plaza Hotel and Pro Spa Resort (St.Charles Ave.) for over two years now. It acquired it when it bought out Equivest and kept select properties in their portfolio.
The AP building has been going through a multi-million dollar upgrade since last August which is scheduled to be finished this month.
I'm curious about the new Fairfield location near the French Quarter (if that info is indeed accurate). Any clarifying details would be appreciated.IP: Logged |
GinGin
TUG MemberPosts: 8680
From:
Registered: Apr 2002
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posted 01-22-2005 07:57
I didn't check the long range forecast, but looks like another major cold front is on the way down south, so it may be somewhat chilly in NOLA Sunday. Should be fine if the wind is not blowing. quote:
Originally posted by GinGin:
Fern, looks like you and Jerry made it just in time for some warm temps in NOLA. We, in ths south, had been under a cold dome of air for the last week but temps are starting on the rise now and should warm up nicely by the cruise Sunday. Actually, I MUCH prefer it cool in NOLA than hot and humid any day.
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retailman
TUG MemberPosts: 479
From: DENHAM SPRINGS LA USA
Registered: Nov 2001
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posted 01-22-2005 17:31
If they intend on converting the old Mint to the new Fairfield
it is a long way form Saint Charles. The mint is on Esplanade on
the corner down from the French Market.
Hopefully they will have a few dollars left to fix Avenue Plaza
up somewhat.
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john m jones [This message has been edited by retailman (edited 01-22-2005).] IP: Logged |
jkmeinhardt
TUG MemberPosts: 110
From: Middletown, Ohio
Registered: Oct 2003
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posted 01-23-2005 13:44
Could anyone comment on how hard of a trade New Orleans is.
I have not tried to do an exchange into NOLA. Could it be that with a new resort coming on line there, that unsold developer weeks will be made avaiableI was just mulling over the possiblity in my mind of doing a two week trip. One week in NOLA then one week in my favorite place in the Pan Handle of Florida. Jim IP: Logged |
Hoc
TUG VolunteerPosts: 4789
From: Huntington Beach, CA Owner: Club La Pension, New Orleans; Nob Hill Inn, S. F.; Pueblo Bonito, Mazatlan; Allen House, London; Custom House, Boston
Registered: Jan 2001
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posted 01-23-2005 14:03
quote:
Originally posted by jkmeinhardt:
Could anyone comment on how hard of a trade New Orleans is.
It's easy in summer, when it's hot and muggy and nobody wants to go there. A little tougher in mid-winter (Thanksgiving through the end of December, with the exception of holiday weeks), but with a decent trader you can still get in fairly easily. In the spring and fall, it is much harder to trade into the couple of resorts in the French Quarter, though Avenue Plaza is fairly easily available almost year round, and the resorts outside the Quarter (or just outside, at the edge of the Quarter) are a bit easier than those in the Quarter. But you would still need a pretty good trader and likely an ongoing search to get into them in spring or fall. It is almost impossible to trade in during prime times, like Mardi Gras, Jazz Fest, Sugarbowl, and many of the festival weeks.
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Those are my principles. And if you don't like them, well, I have others. IP: Logged |
Sandy Lovell
TUG MemberPosts: 1476
From: Dallas, TX, VIP Gold Fairfield Points(4 units), HGVC Elite (Bay Club, Seaworld), Tradewinds Cruise Club + 4 others
Registered: Dec 2000
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posted 01-24-2005 09:15
Having just been in NOLA to send off the TUGgers on their cruise, I had a bit of time after they all boarded to get some of my FF research completed.I think Avenue Plaza is still a long way from having its renovations completed, this phase maybe, but more to come. They have gutted some areas and are having to replace the walls as it was too damaged to just repair and paint. They have some floors open, (about 1/2 to 1/3), but other floors completely closed for renovations and complete soft furnishing replacements. I had a tour with the building manager (I think that was his title) and he spoke about plans for renovations. Soft furnishings this year (bedding, drapes, carpeting) and they already fixed the water pressure problems. Next, bathroom tiling replacements and then furniture at some point after that. I also got the skinny on the new location Fairfield purchased. It is located in the block surrounded by Magazine, Common, Camp and Gravier. Just behind the Sheraton on Canal Street. It is an abondoned Printing Shop. They have permission, I hear, to build up an additional 3 floors. It will be small with only a just over 100 units. They have not started any work as of yet. [This message has been edited by Sandy Lovell (edited 01-24-2005).] IP: Logged |
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