Canal Street Beat | New Orleans Real Estate News

Convention Center Authority Sells 2.7-Acre River District Lot to Rivana Developer for $1.19M

October 14, 2026 • News • 123

The Ernest N. Morial New Orleans Exhibition Hall Authority has sold a 2.7-acre River District parcel at Tchoupitoulas and Euterpe streets to the developer behind Rivana, the 220-unit mixed-income apartment project planned for the site. RDNI Batture LLC recorded the purchase of 1484 Tchoupitoulas Street for $1,188,570, or $10.00 per square foot of land, in [&hellip
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Louisiana Hotel Activity Surges with New Orleans at the Forefront

October 14, 2026 • News • 200

Hotel construction in Louisiana is experiencing a significant uptick, with CoStar reporting approximately 2,300 rooms currently under construction across the state. New Orleans is the focal point of this development, highlighted by projects in the downtown and Central Business District areas, including the anticipated opening of the Fairmont at 1010 Common next month. The surge [&hellip
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Lynnwood Place Opens New Assisted-Living Home in Mandeville

October 13, 2026 • News • 301

Lynnwood Place Residential Assisted Living has launched a new 12-bed facility at 65518 Loretta Drive in Mandeville. The home, opened in late September, adds to the private elder care capabilities in St. Tammany Parish, addressing the area’s growing senior population. Founded by Lenny and Rachel Ledet, the facility was inaugurated with a ribbon-cutting ceremony on [&hellip
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Big-D Companies Opens Gulf-Coast Office in Covington

October 13, 2026 • News • 357

National contractor Big-D Companies has launched a new office at 1404 Greengate Drive in Covington, aimed at serving the Gulf Coast’s industrial and heavy-civil markets. This move, confirmed in recent weeks, reflects growing construction demand in the New Orleans metro area. The new Covington office establishes Big-D’s physical presence in the region, positioning the company [&hellip
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Avondale Global Gateway Receives First Venezuelan Aluminum Shipment in 8 Years

October 12, 2026 • News • 480

Avondale Global Gateway has marked a significant milestone with the arrival of a 15,000-ton shipment of Venezuelan aluminum, the first such import in eight years. The shipment, which arrived on October 5-6, signals renewed industrial activity at the West Bank terminal in Jefferson Parish. This development underscores the growing demand for Avondale’s multimodal facilities that [&hellip
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City Deemed Shoring Sufficient in June at 631 Dauphine; Officials Now Say Its Absence Likely Caused the Collapse

October 12, 2026 • News • 576

New Orleans officials have concluded that a lack of shoring most likely caused the partial collapse of the historic building at 631 Dauphine Street in the French Quarter, three months after the city reviewed the structure and determined that shoring in place was adequate. The two-story masonry building partially gave way around 4 p.m. on [&hellip
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Neglected Gentilly Blvd. Building Partially Collapses; Demolition Underway

October 12, 2026 • News • 572

A commercial building in the 2000 block of Gentilly Boulevard partially collapsed on October 4 after months of code violations and complaints. Following the incident, the building’s owner hired a contractor to initiate demolition and stabilization efforts by October 8, as the city took emergency measures to disconnect utilities to safeguard neighboring properties. City documents [&hellip
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College Track Opens 10,000-Square-Foot Center at Tulane’s Downtown Campus

October 11, 2026 • News • 705

College Track New Orleans has officially opened its newly renovated 10,000-square-foot center at Tulane University’s downtown campus, located at 275 LaSalle Street. The center, which celebrated its grand opening from October 8–9, 2026, adds a significant private-sector tenant to the area, enhancing downtown office and flex space utilization. The facility on Tulane’s campus is now [&hellip
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196-Year-Old Bourbon Street Corner Building Sells to Lata Family Investments in Under 60 Days

October 10, 2026 • News • 932

A commercial building at 201 Bourbon Street, at the corner of Bourbon and Iberville in the French Quarter, has changed hands. Lata Family Investments LLC acquired the nearly 200-year-old property, which dates to roughly 1830. Louisiana Secretary of State filings identify the entity as owned by local investor Suresh Sadhwani. The transaction price was not [&hellip
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Insurance Market Tension as Hurricane Isaias Approaches the Gulf

October 9, 2026 • News • 1021

The insurance industry in New Orleans is on high alert as Hurricane Isaias churns through the Gulf. On October 8, 2026, local brokers and the New Orleans Metropolitan Association of Realtors (NOMAR) expressed concerns that the storm, alongside high reinsurance costs, could impact commercial and residential real estate transactions in the area. Property owners and [&hellip
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