Canal Street Beat | New Orleans Real Estate News

The Whit Begins Taking Reservations at 2127 Prytania as ERG Names Full Team Behind 15-Room Garden District Hotel

November 12, 2026 • News • 62

The Whit, the 15-room boutique hotel in a restored 1850s Greek Revival mansion at 2127 Prytania Street, is now accepting reservations for stays beginning this month, and its ground-floor salon has opened to bar bookings. The property sits at the corner of Prytania Street and Jackson Avenue on the edge of the Garden District and [&hellip
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Gibbs Construction Moves Ahead with 220 Income-Restricted Apartments in River District

November 12, 2026 • News • 71

Gibbs Construction is progressing with its plans for a significant new development at 1480 Tchoupitoulas Street in New Orleans’ River District. A building permit has been issued for the four-story, 242,000-square-foot mixed-use project that will feature 220 income-restricted apartments. This marks a major milestone in private-sector housing within the district, close to the Ernest N. [&hellip
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Bernhard Capital Partners Completes $1 Billion Acquisition of Bowman Consulting Group

November 10, 2026 • News • 393

Bernhard Capital Partners, based in Baton Rouge, has finalized the acquisition of Bowman Consulting Group in an all-cash transaction valued at approximately $1 billion. The deal, which closed on November 6, 2026, takes Bowman private, expanding Bernhard’s presence in the infrastructure and engineering services sector. Bowman Consulting Group, a national engineering and program-management firm with [&hellip
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Forestwood Apartments in Slidell Sells for $5M, or $53,191 Per Unit, Ending a Decade of Arizona Ownership

November 10, 2026 • News • 407

Forestwood Apartments, a 94-unit garden complex on five acres at 2700 Mary Street in Slidell, has sold for $5 million to Forestwood Apartments LLC, a Louisiana-based entity. The transaction worked out to $53,191 per unit and recorded in the week before November 9. The seller was an Arizona apartment investor that had owned the property [&hellip
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Mayor Moreno Proposes 2027 Referendum for Infrastructure Fee on Tax-Exempt Properties

November 10, 2026 • News • 380

Mayor Helena Moreno recently proposed a 2027 referendum to introduce an infrastructure fee on tax-exempt properties in New Orleans. This move aims to address the sizable amount of property exempt from taxation, including those owned by nonprofits, universities, and hospitals. Moreno’s proposal follows a report from the Bureau of Governmental Research (BGR), which highlighted that [&hellip
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HNOC Launches $35M Campaign to Restore and Reimagine French Quarter Campus

November 10, 2026 • News • 420

The Historic New Orleans Collection (HNOC) has initiated the public phase of a $35 million capital campaign to restore its 533 Royal St. campus in the French Quarter. This redevelopment will transform seven historic buildings and five courtyards into expanded galleries, educational spaces, and a historic house museum, significantly enhancing public access. Announced on November [&hellip
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BGR Finds 37% of New Orleans Real Estate Value Is Tax-Exempt, Recommends Infrastructure Fee on Exempt Owners

November 8, 2026 • News • 747

Roughly $2.74 billion in New Orleans real estate assessed value, or 37 percent of the total, was exempt from property taxes in 2025, according to a report the Bureau of Governmental Research released November 5. The study, titled Off the Rolls: Managing the Impacts of Tax-Exempt Property in New Orleans, updates BGR’s 1996 analysis of [&hellip
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Four Seasons New Orleans to Open Trattoria Varco on Riverfront

November 8, 2026 • News • 753

The Four Seasons Hotel & Residences New Orleans will open Trattoria Varco on November 13, 2026, adding a new riverfront dining venue to its luxury accommodations. Located on the fifth floor, the restaurant will enhance the hotel’s food and beverage offerings as part of a significant privately owned property at a key tourism location. The [&hellip
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OnPath Credit Union to Move Headquarters to 5.5-Acre Mandeville Campus, Bringing 143 Jobs Across the Lake

November 8, 2026 • News • 721

OnPath Credit Union plans to relocate its corporate headquarters from Metairie to a new operational campus on 5.5 acres at 1625 W. Causeway Approach in Mandeville. The campus will house about 143 employees, with room to add positions as the credit union grows, and OnPath is targeting completion in the first quarter of 2027. The [&hellip
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City Council Approves PILOT for $625M Omni Headquarters Hotel, Clearing Final Tax Vote Before Groundbreaking

November 8, 2026 • News • 798

The New Orleans City Council approved a payment-in-lieu-of-taxes agreement for the planned Omni headquarters hotel on November 5, settling the property tax treatment for the $625 million project adjacent to the Ernest N. Morial Convention Center. The resolution, introduced by Council Vice President Matthew Willard, finalizes one of the two council votes the project still [&hellip
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