Canal Street Beat | New Orleans Real Estate News

River District Deal Renewed: Convention Center Finalizes Revised Agreement with RDNI

February 13, 2026 • News • 74

River District Neighborhood Investors (RDNI) and the Ernest N. Morial New Orleans Convention Center have finalized a revised agreement effective January 29, 2026. This development ensures RDNI’s lease, introduces purchase options on additional parcels, and includes a $6.5 million loan from the Convention Center to RDNI, marking significant progress for the River District master plan. [&hellip
Read More »
Saks Fifth Avenue to Close Canal Place Store in New Orleans

February 13, 2026 • News • 98

Luxury retailer Saks Fifth Avenue is set to close its location at Canal Place in New Orleans this spring. This move is part of a broader series of store closures nationwide, tied to Saks Global’s bankruptcy restructuring strategy. Saks Global, the parent company, recently announced the closure of several Saks Fifth Avenue locations, including the [&hellip
Read More »
Moreno Proposes $6.25 Million In-House Street Paving Unit

February 12, 2026 • News • 93

Mayor Helena Moreno has announced a plan to create a $6.25 million in-house Street Maintenance and Paving Unit for the New Orleans Department of Public Works. The initiative aims to expedite street repairs, reduce dependency on private contractors, and add approximately 50 jobs to the city’s payroll. On February 11, Moreno’s office detailed the plan, [&hellip
Read More »
Moody’s Downgrades City of New Orleans to Baa2 Amid Financial Challenges

February 11, 2026 • News • 160

Moody’s Investors Service has downgraded the City of New Orleans’ credit rating from A3 to Baa2. This decision, reported on February 5, 2026, stems from significant cash shortages linked to budget shortfalls initially identified in late 2025. The downgrade could increase borrowing costs and impact financing for both public infrastructure and private developments reliant on [&hellip
Read More »
Blue Bikes Nola Expands E-Bike Fleet Ahead of Mardi Gras

February 10, 2026 • News • 177

Blue Bikes Nola has significantly expanded its fleet with the addition of “hundreds” of pedal-assist e-bikes, a move confirmed by Blue Krewe just in time for the Mardi Gras season. This expansion aims to improve transportation flow and crowd management in New Orleans during the city’s peak parade days, while also broadening discounted access for [&hellip
Read More »
Winn-Dixie Phase II in Tremé Nears Completion

February 9, 2026 • News • 2075

The mixed-income development at the former Winn-Dixie site, located at 1431 St. Louis St. in Tremé, is progressing with its construction phase. The $26 million project, which consists of 45 residential units, has reached the final structural work stage. Developers are targeting an August 2026 completion date, with a topping-out ceremony planned for March 11. [&hellip
Read More »
New Orleans Allocates $2.8M from Entergy Penalty to Repair Street and Interstate Lighting

February 6, 2026 • News • 235

Mayor Helena Moreno and the City Council have unveiled a $2.8 million investment aimed at overhauling street and interstate lighting across New Orleans. This initiative, dubbed “Lights On,” is funded by remaining proceeds from a 2018 Entergy penalty, and it aims to reduce outages and deter crime by upgrading key infrastructure vulnerable to copper theft. [&hellip
Read More »
DoubleTree by Hilton New Orleans Completes $5M Renovation

February 5, 2026 • News • 250

The DoubleTree by Hilton New Orleans on Canal Street recently completed a $5 million renovation project, significantly enhancing the hotel’s offerings. The upgrades include all 367 guest rooms, the lobby, rooftop pool, and more than 16,000 square feet of meeting and event space. A ribbon-cutting ceremony, held in late January, marked the completion of this [&hellip
Read More »
Element Hotel Opens as First Phase of $90M Redevelopment at 1010 Common

February 4, 2026 • News • 414

The Element New Orleans Downtown by Marriott has opened its doors at 1010 Common St., marking the first phase of a significant $90 million office-to-hotel conversion project in downtown New Orleans. Managed by Bentley Legacy, the 216-room hotel includes 86 suites and features rooms ranging from 375 to 500 square feet. This opening represents an [&hellip
Read More »
Woodward Expands with New Gulf Coast Market Leader Appointment

February 3, 2026 • News • 312

Woodward Design + Build, a prominent New Orleans-based firm, has announced its expansion into Alabama and other Gulf Coast markets by appointing Wiley Blankenship as the Gulf Coast market leader. This strategic move comes with the creation of a new senior role aimed at increasing the firm’s regional capacity and competitiveness in industrial, infrastructure, and [&hellip
Read More »

1 2 3 … 129 »

Recent Post

Newsletter

Categories

Find us on Facebook

Recent Comments

Recent Posts

About Us