O’Brien House SRO

1231 Laurel St.
Baton Rouge, Louisiana 70802
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PartnerO'Brien House Inc.
RoleDeveloper / Lender
Units38
Commercial & Community Square Footage8,256
Total Development Cost$12,612,035
Completion Date02/28/2008

O’Brien House, Inc., a Baton Rouge based substance abuse treatment provider with a transitional housing program, approached GCHP to develop permanent housing in a campus setting for O’Brien House clients. Working closely with O’Brien House, GCHP financed land acquisition and assembled construction and permanent financing to develop 38 single-room occupancy units and an adjoining community center in the Mid-City neighborhood of Baton Rouge.

The project overcame its greatest challenge in July 2007 when a welding accident resulted in the 60% constructed building burning to the ground. Remarkably, the project was completed on time and within budget, reaching 100% occupancy just one month after completion. The development continues to be fully occupied and is an income producing asset for O’Brien House, Inc.

Project Partners

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