Canal Street Beat | New Orleans Real Estate News

unCommon Construction Completes Affordable Co-Living Duplex in New Orleans

June 25, 2026 • News • 59

unCommon Construction, a New Orleans-based nonprofit focused on workforce training, has completed a 3,300-square-foot duplex designed for affordable co-living. Built entirely by high-school apprentices, this project offers deeply affordable rent ranging from $450 to $650 per occupant. This development, which broke ground in September 2025 and completed in May 2026, marks a significant milestone in [&hellip
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Greater New Orleans Shortlisted for Nation’s First Deep-Sea Mineral Refinery

June 25, 2026 • News • 77

Washington, D.C.-based Glomar Minerals has placed greater New Orleans on a short list of finalist locations for what could become the first deep-sea critical mineral refinery in the United States. The company, formed in partnership with Australia’s Cobalt Blue Holdings Limited, plans to harvest polymetallic nodules from the floor of the Pacific Ocean and ship [&hellip
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Construction Begins on Raising Cane’s 9th Ward Stadium at LCMC Health Field in the Upper Ninth Ward

June 24, 2026 • News • 123

Construction officially started June 22 on Raising Cane’s 9th Ward Stadium at LCMC Health Field, a long-planned multi-use athletic facility adjacent to George Washington Carver High School at 4300 Almonaster Boulevard in New Orleans’ Upper Ninth Ward. Mayor Helena Moreno, Raising Cane’s CEO Todd Graves, LCMC Health CEO Greg Feirn, Congressman Troy Carter, and Councilmember [&hellip
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Tulane to Lead $500M Redevelopment of Charity Hospital

June 24, 2026 • News • 140

Tulane University has taken a significant step in downtown New Orleans by signing a purchase-and-sale agreement to acquire the long-vacant Charity Hospital. The university is shifting from prospective tenant to owner and lead developer in a project approximately valued at $500 million. This redevelopment will focus on transforming over 650,000 square feet of the building [&hellip
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The Bellflower Opens at 1400 St. Charles Avenue

June 23, 2026 • News • 131

The Bellflower, a new antique marketplace, has opened its doors at 1400 St. Charles Avenue in New Orleans following a nearly $2 million investment by Adam Wolf Lambert from Crescent City Auction Gallery. This marks a significant adaptive-reuse project that transforms a historical automobile dealership into a 5,000-square-foot retail space. The grand opening was held [&hellip
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Tallest Buildings in New Orleans: Plaza Tower

June 23, 2026 • News • 121

Plaza Tower, the 45-story skyscraper at 1001 Howard Avenue in New Orleans’ Central Business District, remains one of the city’s tallest and most closely watched vacant buildings. The tower rises 531 feet and is listed as the third-tallest building in New Orleans, behind Hancock Whitney Center and Place St. Charles. Construction on Plaza Tower began [&hellip
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1630 Canal St. Hits Market for $11.95M: Large-Scale Hotel or Multifamily Conversion Opportunity

June 22, 2026 • News • 1560

A prominent 108,000-square-foot property at 1630 Canal St. in New Orleans is now on the market, listed for $11.95 million. The asset, pitched for a 100+ key hotel or multifamily redevelopment, is eligible for federal and state historic tax credits, offering a significant opportunity for investors. The listing, managed by Christopher Talbot of Talbot Realty [&hellip
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Gretna Breaks Ground on $4.4M AM Plaza Commercial Development

June 22, 2026 • News • 180

Gretna recently celebrated the groundbreaking of AM Plaza, a $4.4 million owner-occupied commercial project at 1411 Claire Ave. This development replaces a vacant lot with a 14,400-square-foot retail and office building, providing expanded space for the August Moon restaurant and Hoang Law Firm. The project involves key local entities, including financing support from JEDCO and [&hellip
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GNO, Inc. CEO Michael Hecht to Step Down in 2027; Organization Announces Leadership Transition

June 20, 2026 • News • 225

GNO, Inc. announced that CEO Michael Hecht will step down in 2027, transitioning to an emeritus role. This major leadership shift at New Orleans’ primary economic development organization signals a potential redefinition of its influence over local private-sector projects and real estate investments. The move by Hecht, who is highly regarded for directing regional economic-development [&hellip
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Glomar Minerals Names Greater New Orleans a Finalist for Critical-Minerals Plant

June 20, 2026 • News • 264

Glomar Minerals and Cobalt Blue Holdings have announced that two sites in the Greater New Orleans area are among the final contenders for Project Infinity, a planned U.S. commercial-scale critical-minerals processing facility. This development could lead to significant job creation and industrial investment in the Gulf Coast region. The companies revealed that they have narrowed [&hellip
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