NEW ORLEANS (press release) – HRI Communities (HRIC) announced that they have closed on $6 million of financing from the City of New Orleans and officially launched the first phase of the stabilization of the Touro Shakspeare Home, a former nursing home and almshouse in Algiers, long blighted since Hurricane Katrina. Landis Construction will serve as the general contractor with completion of the initial stabilization phase to occur in summer 2025. HCI Architecture (HCIA) will serve as Architect of Record.
Per his last wishes, local benefactor Judah Touro provided funding in his will for the creation of a then-modern-day almshouse under the condition that it will forever remain in service for the city’s disadvantaged. Honoring the legacy of Mr. Touro and crediting Mayor Shakspeare for his support of the project, the Touro Shakspeare Home was completed in 1933. Still today, the property’s use is restricted to that of an almshouse. With a track record of extensive success with public/private partnerships that result in high-quality affordable housing, HRIC plans to transform the historic property into an independent living senior community that, consistent with historical intentions, provides for those who need housing most urgently.
Touro Shakspeare Home in Algiers to be Revitalized – Biz New Orleans
