Canal Street Beat | New Orleans Real Estate News

Red River Bank Opens Consolidated Banking Center in Downtown New Orleans

July 22, 2026 • News • 67

Red River Bank has officially launched a new, consolidated banking center at 1100 Poydras St., Suite 100, in the Energy Centre. This move merges their previous operations from 700 Baronne St. and Suite 925 of the same building, marking a strategic shift in their downtown presence. The new downtown location, opened around July 20, 2026, [&hellip
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Dat Dog Undergoes Major Renovation at Freret Flagship

July 22, 2026 • News • 94

Dat Dog has commenced a significant renovation at its original Freret Street location, 5030 Freret St., New Orleans. A commercial permit valued at $508,000 confirms the project’s focus on demolishing and rebuilding the covered exterior while preserving the historic filling-station and its canopy. The renovation requires the removal of the exterior slab, joists, columns, and [&hellip
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McCarthy Group Unveils MGR Property Management in New Orleans

July 22, 2026 • News • 128

McCarthy Group Realtors, a notable New Orleans brokerage, has launched a new division, MGR Property Management LLC, aimed at managing long-term residential and specific commercial rental properties. Announced between July 7 and July 8, 2026, the new entity will strengthen property management services in the Greater New Orleans area, including neighborhoods like Old Metairie, Lakeview, [&hellip
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NORA Opens Applications for New Housing Investment Program, Seeking Private Developers to Build on Vacant Lots Across New Orleans

July 21, 2026 • News • 173

The New Orleans Redevelopment Authority and its affiliate New Orleans Redevelopment Unlimited have launched the New Orleans Housing Investment Program, a new initiative designed to channel private development capital toward the city’s remaining stock of NORA-owned vacant properties and convert them into affordable housing. Applications opened on July 6 and will be accepted through August [&hellip
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New Sushi and Hibachi Operator Confirmed for Former Tsunami Space at 601 Poydras as Downtown CBD Works to Fill Long-Vacant Ground-Floor Restaurant

July 20, 2026 • News • 288

A new sushi and hibachi restaurant is set to open in the long-vacant ground-floor space previously occupied by Tsunami Sushi at 601 Poydras Street in the Central Business District, filling the soaring corner restaurant that has sat empty since the downtown location closed in June following the chain’s bankruptcy filing. Tsunami Sushi occupied the space [&hellip
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Fat City’s Decade-Long Land Assemblage Pays Off as Jefferson Parish Moves to Break Ground on Leisure Park and Parking at Hessmer and 18th

July 20, 2026 • News • 180

Jefferson Parish leaders and the Metairie Business Development District are advancing plans to transform a long-vacant lot at Hessmer Avenue and 18th Street into a multimillion-dollar leisure park, the most tangible step yet in a decade-long effort to replace blighted properties in Fat City with commercial-grade public infrastructure. Over the past ten years, the business [&hellip
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Magazine Street Attracts National Retailers in New Orleans Debut

July 18, 2026 • News • 247

Magazine Street in New Orleans is drawing attention as several national and emerging retailers, including Reformation, Le Labo, Tecovas, and Hill House Home, have chosen the popular corridor for their first local storefronts. This development reflects growing confidence among private-sector investors and tenants in one of the city’s key mixed-use areas. The influx of renowned [&hellip
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Louisiana’s Act 64 Grants Lease Termination to Stalking Victims

July 18, 2026 • News • 190

A significant legislative change in Louisiana now allows victims of stalking and cyberstalking to terminate their residential leases early without penalty. This development comes as Act 64 (HB297), which was passed during the 2026 legislative session, is set to take effect on August 1, 2026. The new law creates immediate implications for landlords and property [&hellip
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Royal Sonesta’s Restaurant R’evolution Names Executive Chef and General Manager

July 17, 2026 • News • 240

The Royal Sonesta New Orleans has appointed Samuel Peery as the new executive chef and Jeremy Gulledge as general manager at Restaurant R’evolution, announced on July 16. This leadership refresh is seen as a strategic move to enhance the operational excellence and culinary offerings of one of the French Quarter’s most prominent hotel-based restaurants. Samuel [&hellip
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Perrier Esquerré Completes New Headquarters on Jefferson Highway

July 17, 2026 • News • 252

Perrier Esquerré Contractors, an expanding design-build firm based in New Orleans, has finalized its 11,400-square-foot headquarters and fabrication shop at 4900 Jefferson Highway in Jefferson Parish. This development marks a significant local expansion for the private sector firm. The newly completed facility comprises a 5,400-square-foot office and a 6,000-square-foot fabrication area. The project involved adaptive [&hellip
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