Canal Street Beat | New Orleans Real Estate News

Heirloom and McEnery Co. Launch $10M Adaptive-Reuse Hotel in CBD

July 28, 2026 • News • 65

Heirloom, in partnership with The McEnery Company, has commenced an ambitious adaptive-reuse project, targeting four historic buildings at 518–526 Gravier St. in New Orleans’ Central Business District. The development, projected to cost around $10 million, will transform these structures into a nine-suite boutique hotel, utilizing historic tax credits for rehabilitation. Construction is currently underway, with [&hellip
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Flying Dolly’s Franchise Set to Open in Abita Springs by Local Operator

July 28, 2026 • News • 85

Flying Dolly’s of America has announced a franchise agreement with Anthony Essaied, the owner of Abita Brew Pub, to establish a new location in Abita Springs. The store is slated to open in September 2026, marking a significant retail expansion in St. Tammany Parish. The move signifies continued growth in private-sector retail on the Northshore. [&hellip
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Historic Uptown Compound at 1516 Robert Street Sells for $4.1M After High-End Renovation

July 27, 2026 • News • 129

A historic property located at 1516 Robert Street in New Orleans’ Uptown neighborhood sold for $4.1 million on July 7, 2026, following a comprehensive renovation. The 1911 private compound’s sale underscores the ongoing demand for restored, large-format historic homes in New Orleans’ luxury real estate market. CityBusiness recently confirmed the details of the sale, highlighting [&hellip
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$1.725M Smart Home in Kenner Leads Greater New Orleans Luxury Sales

July 27, 2026 • News • 156

A custom smart home in Kenner, located at 17 Australis Court, set the pace in Greater New Orleans luxury sales, closing for $1,725,000 on July 13, 2026. This four-bedroom property, situated within the gated Gabriel subdivision, marks the area’s top sale for the week of July 12–18. The 3,518-square-foot residence, featuring advanced smart home technology, [&hellip
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Marcus & Millichap Brokers Sale of Broussard Industrial Facility Leased to Drilling Tools International

July 26, 2026 • News • 265

Marcus & Millichap confirmed the sale of a 35,840-square-foot industrial property in Broussard, Louisiana, leased to Drilling Tools International. The transaction, announced on July 23, 2026, transferred the facility on a 10-acre site to a real estate investment trust (REIT) for more than $130 per square foot. The industrial facility, located at 1149 Smede Highway, [&hellip
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Marcus & Millichap Brokers $8.81M Sale of Covington Cardiovascular Surgery Center to Montecito Medical

July 26, 2026 • News • 180

A cardiovascular surgery center located at 2252 Watercross Parkway in Covington has been sold for $8.81 million. The transaction was brokered by Marcus & Millichap and represents a significant investment in the Northshore’s healthcare real estate market. The 10,690-square-foot facility, completed in 2025, is fully leased to a cardiovascular specialty practice staffed by eight physicians. [&hellip
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Elevation Station to Reopen Northshore Flagship at 50 Park Place in Covington

July 26, 2026 • News • 190

Elevation Station is set to make a comeback in Covington with plans to reopen a new, larger trampoline park at 50 Park Place. This move marks their return to the Northshore area, bringing leisure activities and jobs back to St. Tammany Parish. The reopening will expand the facility’s event space and offerings, catering to parties, [&hellip
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CommCare Opens $30M John A. Stassi II Community Care Center in Metairie

July 26, 2026 • News • 223

CommCare has completed the $30 million John A. Stassi II Community Care Center in Metairie, marking a significant investment in healthcare real estate for Jefferson Parish and the New Orleans metro area. The facility, set to officially open on July 28, 2026, replaces the older St. Anthony’s Community Care Center, adding approximately 120 private rooms [&hellip
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Engel & Völkers New Orleans Hires Kiley Martin, Louisiana’s Only Certified Divorce Real Estate Expert

July 25, 2026 • News • 205

Engel & Völkers New Orleans has announced the hiring of Kiley Martin as a real estate advisor, marking a significant addition to the local luxury brokerage. Martin is notable for being the only Certified Divorce Real Estate Expert (CDRE) in Louisiana, a credential that brings specialized expertise to the complex area of marital-property transactions in [&hellip
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Omni Royal Orleans Opens Reimagined La Riviera Rooftop, Finalizes Hotel Renovation

July 24, 2026 • News • 264

The Omni Royal Orleans in the French Quarter has reopened its renovated La Riviera Rooftop and Pool Bar, marking the latest phase of a comprehensive two-year renovation. Located at 621 St. Louis Street, the rooftop now offers guests and the public day passes and cabana rentals as part of an expanded public access initiative. The [&hellip
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