Canal Street Beat | New Orleans Real Estate News

The Odeon — Tallest Building To Be Built in 30 Years — Breaks Ground in NOLA

July 2, 2018 • Development, Warehouse District • 5582

The $106 million development known as The Odeon has broken ground in the South Market District. New Orleans-based The Domain Companies is behind the project, which will include 271 apartments, 200 parking spaces, and 12,000 square feet of retail in a 414,000 square foot building. The project will be constructed at a surface parking lot on [&hellip
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Luxury Bywater Condo Project Moves Forward With New High-End Design

June 29, 2018 • Architecture & Design, Bywater, Condos • 2351

New Orleans-based MKRED started working on the Bywater luxury condo project ’32Hundred’ back in 2015 when it secured city and HDLC approval. After a short delay, MKRED completely redesigned the project and secured HDLC Architectural Review Committee approval this week. “This project is a much more mature representation of how MKRED has grown over the [&hellip
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Corporate Realty Takes Over Management of Exchange Center and Rault Building Office Towers

June 27, 2018 • Office • 1774

Corporate Realty announced this week that it was selected to provide property management services for the Exchange Centre at 935 Gravier in New Orleans, along with the 2400 Veterans Blvd. Building in Kenner. The properties, with a combined square footage of 488,000 square feet are owed by local investor, Kingfish Development. “We appreciate Kingfish’s confidence in our [&hellip
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National Architecture Firm’s Local Geospatial Hub To Handle $100 Million Contract

June 25, 2018 • Architecture & Design, Awards & Recognition, Jefferson Parish • 1624

Atlanta-based Pond Architects Engineers Planners won a five year, $100 million contract from the U.S. Army Engineering and Support Center. The firm’s 30 person Metairie office will fulfill and administer the job. The services are for the Army’s joint venture with Ohio-based geospatial engineering firm Woolpert, and include real estate planning and programming for Army bases [&hellip
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Plans to Convert Elmwood Into a Town Center Include New 250 Apartment Mixed-Use Project

June 21, 2018 • Development, Jefferson Parish, Multi Family, Retail • 5055

Lauricella Land Co., the owner of Elmwood Center and developer of much of Elmwood, has announced future plans to convert the strip mall into a town center in the coming years, according to Nola.com. In particular, Lauricella has released renderings for a new, five story building consisting of 85,000 square feet of retail on the first [&hellip
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Stirling Properties To Redevelop Old Metairie Village

June 19, 2018 • Construction, Jefferson Parish, Retail • 1899

Stirling Properties has announced that it will lead the renovation and redevelopment of the Old Metairie Village shopping center, an 84,400-square-foot, 3-story mixed-use development located at the corner of Metairie Road and Focis Street in Metairie, Louisiana. Plans for the $2.5 million project consists of an overall upgrade to the entire façade, including the addition [&hellip
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Westbank Apartment Complexes Trade For $56 Million

June 15, 2018 • Acquisitions, Multi Family, West Bank • 1094

Two Gretna apartment buildings have been purchased by an Alabama company for $56 million, according to The Advocate. The Cedarwood Apartments at 2350 Park Place and Baywood East and West Apartments at 500 Wall Blvd. were sold by California-based Delta Alliance Capital Management to Mobile-based Multifamily Management Inc. Both complexes are at 93% occupancy, with [&hellip
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Storyville Themed Restaurant Now Open Inside B on Canal Hotel

June 11, 2018 • Commercial, Food & Beverage, Historic, Hotel & Hospitality, Renovation • 1169

“I’m not trying to reinvent the wheel,” said executive chef Andrew Mills when introducing his concept and menu at the newly opened Madam’s Modern Kitchen + Bar located at 1300 Canal Street. The restaurant, menu, and decor are a nod to the history of the building and neighborhood as the former Storyville, the red light [&hellip
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GraceHebert Architects Acquires New Orleans-Based HMS Architects

June 8, 2018 • Architecture & Design • 1302

Baton Rouge-based architecture and design firm GraceHebert Architects has acquired New Orleans-based HMS Architects, the parties announced last month. Terms of the acquisition were not disclosed. The acquisition will increase the firm’s size to 40 employees, with plans to continue staffing up in both Baton Rouge and New Orleans. GraceHebert Architects was founded in 1967, and [&hellip
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Convention Center Approves $557 Million Upgrades, New Linear Park [We’ve Got Renderings]

June 7, 2018 • Development, Hotel & Hospitality, Public Development • 5413

The Ernest N. Morial Convention Center has announced that they will break ground on a $557 million construction project to upgrade the facility and surrounding area, in addition to a new 1,200 convention center hotel. The plan calls for a $79 million linear pedestrian park that will span from Poydras to Henderson Street along Convention Center [&hellip
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