Canal Street Beat | New Orleans Real Estate News

Tulane to Lead $500M Redevelopment of Charity Hospital

June 24, 2026 • News • 69

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 • 112

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 • 106

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 • 1160

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 • 160

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 • 212

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 • 235

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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Bayou Phoenix Developers Pursue City Funds and Advance Private Financing for Former Six Flags Site in New Orleans East

June 19, 2026 • News • 829

Bayou Phoenix developers are making strides with their redevelopment plans for the former Six Flags site in New Orleans East, a 227-acre area. The privately-led project aims to transform the site with a projected $500 million master plan, combining both private and public funding. Currently, developers are working with a banking partner, estimating that $300 [&hellip
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Historic Gravier Street Buildings Set for Boutique Hotel Conversion

June 18, 2026 • News • 762

A permit filed for a $4.24 million renovation aims to convert four historic buildings at 518–526 Gravier Street into a nine-suite boutique hotel in New Orleans’ Central Business District. This adaptive-reuse project introduces a new hospitality option to the area, as detailed in a CityBusiness report on June 18, 2026. The permit lists Reeves Construction [&hellip
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Tallest Buildings in New Orleans: Place St. Charles

June 18, 2026 • News • 171

Place St. Charles, the office tower at 201 St. Charles Avenue in New Orleans’ Central Business District, is one of the tallest buildings in New Orleans and Louisiana. The tower rises about 645 feet and is commonly listed as a 53-story building, placing it just behind Hancock Whitney Center in the city’s skyline. Completed in [&hellip
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