Canal Street Beat | New Orleans Real Estate News

Hut 8 Commits $16M for Water Upgrades to Support AI Campus Development

May 21, 2026 • News • 103

Hut 8 Corp. has announced a significant investment in West Feliciana Parish, committing roughly $16 million to enhance the water infrastructure needed for its River Bend AI data-center campus. This development highlights a crucial private-sector contribution to local utilities, with water improvements slated for completion and transfer to the parish in the latter half of [&hellip
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Tulane University Pauses Involvement in Ted’s Frostop Redevelopment

May 20, 2026 • News • 123

Tulane University announced on May 18, 2026, that it would pause its involvement in a redevelopment plan by RCR Claiborne Venture in Uptown New Orleans, which involves the relocation and redevelopment of the 71-year-old Ted’s Frostop site at 3100 Calhoun St. The project proposed by RCR Claiborne incorporated 39 units intended for approximately 160 students, [&hellip
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Kimpton Hotel Fontenot Celebrates Five-Year Anniversary After Expansion

May 19, 2026 • News • 130

Kimpton Hotel Fontenot in New Orleans’ Central Business District is celebrating its five-year anniversary, following a significant expansion in 2023. The boutique hotel, which opened on May 11, 2021, now features 235 rooms and boasts over 12,000 square feet of flexible event space. The hotel’s development marks a substantial post-pandemic recovery milestone for New Orleans [&hellip
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Lakeside Shopping Center Launches J.C. Penney Wing Refresh as Foot Locker Expands

May 19, 2026 • News • 182

Lakeside Shopping Center in Metairie is undergoing a significant upgrade with the expansion of Foot Locker to a 9,332-square-foot store. This transformation, confirmed on May 18, 2026, also includes relocations and renovations by Zumiez and Locker Room by Lids, marking a major modernization of the J.C. Penney wing led by The Feil Organization. The expansion [&hellip
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LSU LCMC Health Cancer Center Expands Clinical Trials Office With New Leadership Appointments

May 18, 2026 • News • 171

The LSU LCMC Health Cancer Center in New Orleans has announced an expansion of its Cancer Clinical Trials Office, adding two senior leaders to enhance its research capabilities. Dr. Patrick Ma has been named Associate Director of Clinical Research and Dr. Yazmin Odia has been appointed as Medical Director. This move marks a significant development [&hellip
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Emergency Dental of America to Open First New Orleans Clinic at 1319 Amelia St.

May 18, 2026 • News • 165

Emergency Dental of America is set to open its first clinic in New Orleans at 1319 Amelia St. This marks the company’s 23rd location nationwide. The announcement, confirmed by Biz New Orleans on May 15, 2026, adds a new player to the city’s healthcare landscape. The clinic is geared towards urgent dental care, offering both [&hellip
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LEMOINE Surpasses $1.2 Billion in 2025 Revenue, Expands Operations

May 17, 2026 • News • 267

LEMOINE, a New Orleans-based construction company, announced that its 2025 revenue surpassed $1.2 billion, marking a significant increase from $591 million in 2023. This milestone reflects the firm’s substantial national growth, now operating in 27 states and Puerto Rico with a workforce exceeding 1,100 employees. The company disclosed the impressive figures on May 14, 2026, [&hellip
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Hotel Hope Initiates Affordable Housing Pilot on MLK Blvd

May 16, 2026 • News • 233

Hotel Hope, in partnership with People’s Housing+, commenced construction on May 13, 2026, for the Hope Family Housing pilot at 3931 Martin Luther King Jr. Blvd. This initiative aims to introduce a new model for nonprofit-led affordable housing in New Orleans by utilizing the city’s Small Multi-Family Affordable zoning and adopting FORTIFIED Gold construction standards. [&hellip
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Louisiana Music & Heritage Experience Signs River District Lease for $171.5M Museum Project

May 16, 2026 • News • 454

The Louisiana Music & Heritage Experience (LMHE) has finalized a lease for over two acres in the River District, setting the stage for a major development near the Ernest N. Morial Convention Center. This $171.5 million project envisions a 120,000-square-foot museum and performance campus, potentially reshaping downtown New Orleans by boosting convention demand and stimulating [&hellip
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New Orleans Rents Show Signs of Stabilizing as National Rental Declines Reach 33 Months

May 15, 2026 • News • 209

A recent analysis by Biz New Orleans indicates that New Orleans rents may be stabilizing as national trends show a prolonged decline. According to the May 14 report, the U.S. median asking rent fell for the 33rd consecutive month, with local data supporting a stabilization in the New Orleans area. This shift could impact strategies [&hellip
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