Canal Street Beat | New Orleans Real Estate News

Gayle Benson Acquires BankPlus Tower at 909 Poydras, Expanding Private Office Portfolio Downtown

October 8, 2026 • News • 24

Gayle Benson has acquired the 36-story BankPlus Tower at 909 Poydras Street, New Orleans. This acquisition signifies Benson’s expanding involvement in the downtown property market and underscores investor confidence in major office assets in the area. The 545,000-square-foot skyscraper is approximately 79% leased, and Corporate Realty is set to manage and lease the property. This [&hellip
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Vieux Carré Commission Flagged Unpermitted Demolition Before French Quarter Collapse

October 7, 2026 • News • 199

City records reveal that the Vieux Carré Commission identified unpermitted interior demolition at the historic building located at 631 Dauphine Street in the French Quarter months before its partial collapse. This was first flagged in April and referred to the New Orleans Department of Safety and Permits. The collapse of the more than 200-year-old property [&hellip
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Chicken Salad Chick Leases First New Orleans Location at 301 N. Carrollton

October 6, 2026 • News • 364

Chicken Salad Chick is making its debut within the New Orleans city limits, having signed a lease for a new location at 301 N. Carrollton Avenue in the Mid-City neighborhood. Local franchisees Bill and Anne DiPaola will spearhead this venture, which aims to open in January 2027, creating approximately 30 new jobs. The lease for [&hellip
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New Orleans Restoration Properties Scales Up with $19M Grove Place II and $37.4M Franklin Project

October 6, 2026 • News • 418

New Orleans Restoration Properties (NORP), a minority-led firm, has expanded its affordable-housing efforts, managing over $100 million in developments across 241 units. Key projects include Grove Place II in Hollygrove, a $19 million initiative creating 36 affordable rental homes, and The Avenue in Franklin, a $37.4 million adaptive-reuse project transforming the former Franklin Foundation Hospital [&hellip
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New Orleans Hospitality Investment Tops $1 Billion

October 5, 2026 • News • 521

New Orleans & Company has confirmed that recent hotel and hospitality investments in the New Orleans metro area have surpassed $1 billion. This extensive wave of private-sector investment includes new hotels, renovations, and convention-focused projects, reshaping the downtown area and convention district. In an update, New Orleans & Company highlighted the scale of this investment, [&hellip
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Fairmont New Orleans Confirms November 2 Opening

October 5, 2026 • News • 663

The Fairmont New Orleans is set to reopen on November 2 as part of Kailas Companies’ redevelopment of the former Bank of New Orleans tower at 1010 Common St. This adaptive reuse project in the Central Business District will add 250 luxury rooms alongside meeting facilities and dining options. Owners Kailas Companies have transformed the [&hellip
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Jefferson Parish Judge Voids Leases for Gretna Brewpub Project

October 5, 2026 • News • 597

A Jefferson Parish judge has voided the leases associated with the Port Orleans Brewing and Avo Taco brewpub project in Gretna. On September 28, 2026, Judge Donald “Chick” Foret ruled that the leases were unconstitutional and nullified the deal, which had relied on $10.3 million in parish-backed funding. This decision has left the nearly completed [&hellip
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Ochsner Opens $120M Patrick Neuroscience Institute on Jefferson Highway

October 3, 2026 • News • 841

Ochsner Health has officially opened the Debra H. and Robert J. Patrick Neuroscience Institute, located on Jefferson Highway near the Ochsner Medical Center in New Orleans. The $120 million, 132,000-square-foot facility is set to begin clinic patient appointments on October 5, 2026. The facility, which consolidates services in neurology, neurosurgery, behavioral health, rehabilitation, and therapy, [&hellip
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Holywater to Reactivate 622 Conti After Seven Years Dark, With Pincus Brothers’ Crew Group Targeting Mid-September

July 31, 2026 • News • 908

A three-story French Quarter building that has sat empty since 2019 is being brought back into commerce as Holywater, a seafood restaurant and oyster bar from New York hospitality group Crew, now targeting a mid-September opening at 622 Conti Street. The address sits between Royal and Chartres streets, directly across Conti from the Louisiana Supreme [&hellip
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River District Developers Close Phase 1 Financing for $1B Riverfront Project

July 30, 2026 • News • 936

River District Neighborhood Investors has finalized private equity financing arrangements and executed key site sub-leases for the initial phase of the $1 billion River District master plan. The joint venture—led by Lauricella Land Company, Cypress Realty Partners, and Laurel Street Residential—completed the ground-lease transfers for the first private sub-parcels across the 39-acre waterfront site along [&hellip
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