Urban Properties Will Manage Fidelity Renovation

(L to R) Richard Roth III, Mike Bucher, Tony Gelderman, Tyler Robinson and Eugene Schmitt

NEW ORLEANS  – Urban Properties Real Estate, a local commercial brokerage, property management and development firm, announced it will manage the historic renovation at 353 Carondelet Street, transforming the former Union Savings & Loan building into Fidelity’s new corporate headquarters.

Michael Bucher, Director of Project Management for the firm, and Tyler Robinson, Managing Partner, will lead the project management team for this $10 million renovation and interior build out of the four-story building at the corner of Perdido and Carondelet. The project is expected to be complete by Summer 2020.

“Being brought in to oversee the project by the building’s owners, the Roths and the Geldermans, is an honor and a testament to Urban’s client-centric approach to providing comprehensive project management services,” said Mr. Bucher. “We are delighted to partner with this team of esteemed professionals to execute the redevelopment of this building into its highest and best use.”

Trapolin-Peer Architects are leading the design and Ryan Gootee General Contractors will handle construction. Fidelity Bank plans to initially occupy the first and second floors, with room to expand into the third and fourth floors as the company grows.

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