Canal Street Beat | New Orleans Real Estate News

Will a New Football Stadium Be Built at UNO?

October 17, 2022 • News • 1026

The University of New Orleans unveiled plans to start a new football program and build a new stadium on its campus. Last month, the university unveiled architectural renderings of a 20,000-seat, open-air stadium from Garcia Architecture. UNO officials identified a 100-acre tract of open land between Maestri Field and Lakeshore Drive as a potential stadium [&hellip
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Ochsner to Build State-of-the-Art Neuroscience Center at Metairie’s HQ Campus

September 29, 2022 • News • 1673

Ochsner announced that it will build a state-of-the art, freestanding neuroscience center on Jefferson Highway near Ochsner Medical Center – New Orleans. Once complete, the 132,000 square-foot Robert J. and Debra H. Patrick Neuroscience Center will be a single and comprehensive destination of neurological care for patients that will include an Innovation Center, integrative and aquatic therapies, [&hellip
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RockStep Capital Acquires The Outlet Collection at Riverwalk From The Howard Hughes Corp.

June 28, 2022 • News • 2355

Commercial real estate development and management firm the Howard Hughes Corp. sold the 264,000-square-foot The Outlet Collection at Riverwalk New Orleans to Houston-based RockStep Capital for $34 million as of mid-June. Howard Hughes Corp. put $70 million into the redevelopment of the mall in 2014. By the end of the year, it was 99% leased and [&hellip
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Luxury Apartments Canal 1535 Sells to California Firm

May 9, 2022 • News • 3067

The 330-unit Canal 1535, developed by Dallas-based Provident Realty Advisors and The Kroenke Group of Columbus, Missouri, sold recently to Passco Companies, a privately held commercial real estate firm headquartered in Irvine, California. The property, formerly known as Canal Crossing, broke ground in 2017 and opened in 2020 following an $80MM+ development. A sale price [&hellip
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Four New Tenants Joining Fremaux Town Center

April 13, 2022 • News • 5662

Fremaux Town Center, the 350-acre retail center located in Slidell, announced that four new businesses are joining the existing retail tenants. Skechers shoe store will take up 9,000 square feet of space next to Rock’N Roll Sushi. Spencer’s gifts opened a 3,500 square feet location next to Torrid. Taiwanese teas store Ding Tea will open [&hellip
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Lauricella-Led River District Group Closes on Market Street Power Plant

February 10, 2022 • News • 3479

The joint venture of developers and financiers behind the River District, the “master developer” of the 39 acres next to the convention center, closed yesterday on the Market Street Power plant. The team, which includes local developers Louis Lauricella and Brian Gibbs, with Dallas-based investment firm Cypress Equities, plans to incorporate the power plant into [&hellip
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Corporate Realty Takes Over Management of The Beach at UNO

February 3, 2022 • Commercial, Conference, Economic Development, Entrepreneurship, Innovation, Lakeview/Lakefront, News, Office • 3002

Commercial real estate agency Corporate Realty announced it was selected to manage and lease The Beach at UNO, formerly known as The University of New Orleans Research and Technology Park. Spanning over 30 acres, The Beach contains over 600,000 square feet of office space, conference rooms, and research facilities designed to promote entrepreneurship, collaboration, and [&hellip
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Canopy by Hilton Downtown Set To Open Soon

January 18, 2022 • News • 3719

A new 176-key Canopy by Hilton is set to open in early 2022 in the former Oil & Gas building at 1100 Tulane Avenue. Maryland-based Baywood Hotels purchased the vacant14-story former office building in 2014 for $7 million and partnered with Dallas-based NewcrestImage on the conversion. The team announced the Canopy by Hilton flag in [&hellip
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Technology Firm General Dynamics Opening New Office in New Orleans

January 17, 2022 • News • 3751

General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced last month their intention to open a new office in New Orleans which will initially house 30 new employees. The yet-to-be disclosed location of the new facility is opening next spring and is immediately hiring technology staff to support federal government and [&hellip
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Commercial Real Estate Agency Corporate Realty Acquired by Benson Capital

December 17, 2021 • Acquisitions, Commercial, Investment, News • 3192

New Orleans-based commercial real estate agency Corporate Realty has been acquired by Benson Capital, an investment firm led by Gayle Benson focused on the Gulf South. There are currently 55 Corporate Realty employees, including President Mike Siegel who will remain in his role as the company continues to operate in New Orleans. “New Orleans and [&hellip
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