Historic BSL school could be used for theatre, hotel or spa
By Cassandra Favre
Oct 22, 2013, 20:05
New Orleans developers Jim and Catherine MacPhaille have high hopes and big plans for the historic Second Street Elementary School property in Old Town Bay St. Louis.
"There are just lots of possibilities for this property," Jim MacPhaille said Monday. "We're looking into high-end condominiums, a hotel, a high-end restaurant, spa and pool.
"I love the acoustics in the theater area, I think it would be pretty cool for movies during the week and plays."
MacPhaille said that he has been in talks with city officials and neighbors regarding what the building could be used for in the future. He said he and his wife have plans to engage an architect after the first of the year and "float around ideas."
The MacPhaille's closed the sale on the site with the Bay-Waveland School District on Sept.27.
The deal was brokered by Regan Kane of John McDonald Realty
"Everything went smoothly," Kane said. "The historic property sold for $786,000."
"All the proceeds from the sale go directly back to FEMA," Bay-Waveland School District School Board of Trustees attorney Ronnie Artigues said.
"The school district received funding from another project from FEMA, with a stipulation that the proceeds of this sale go back to FEMA."
"The sale had been pending for a while," Bay-Waveland School District School Board President Sherry Ponder said.
"It's a beautiful and historic building.
"However, we just knew that after Hurricane Katrina, we wouldn't be able to use it anymore."