Canal Street Beat | New Orleans Real Estate News

Raising Cane’s Opens This Week Uptown

July 15, 2014 • Retail, Uptown • 6261

Raising Cane’s, the Baton-Rouge based restaurant chain, will open its first uptown New Orleans location on Thursday with a grand opening at its store on South Carrollton Avenue. The Carrollton location is the former site of a KFC restaurant that Raising Cane’s took over earlier this year. The 2,426 square foot restaurant sits on a 15,000 square foot [&hellip
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Curious About How Tax Credits Work? Here is Your Chance To Learn.

July 14, 2014 • Conference, Finance & Lending, Tax Credits • 5342

The New Orleans chapter of Commercial Real Estate Women (CREW) has hosted some great events over the last year, including a behind-the-scenes tour of the Hibernia Tower development and an inside look at the future of the Bywater. CREW is back at it again this week with a shindig on everything you always wanted to [&hellip
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Check Out These Aerial Photos of Tulane’s New Football Stadium [PICS]

July 11, 2014 • Construction, Sports & Specialty, Uptown • 14727

Tulane is making significant progress on the construction of its new $72 million, 30,000 person seat football arena, Yulman Stadium. Reports are that construction alone will cost $63.5 million, and the remainder will be eaten up by soft costs. The major donors are Tom and Gayle Benson ($7.5 million to name the field), Jill and [&hellip
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City Approves Zoning Change For Three Story Mid-City Development

July 11, 2014 • Mid-City, Office, Zoning and Land Use • 4275

The proposed three-story, 16,050 square foot building for the Campus Federal Credit Union and other tenants got a step closer to reality this week. On Tuesday, the New Orleans City Planning Commission approved a zoning change for the development. Proposed plans call for the conversion of two properties on Gravier and South Miro streets into a general commercial district from [&hellip
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Demo Request for Oak Street Lofts Delayed

July 10, 2014 • Condos, Development, Uptown, Zoning and Land Use • 5127

A developer’s request to demolish a building to make way for the new Oak Lofts condo and gym complex were delayed by two weeks, after a city panel failed to gather enough members to hold a meeting legally on Monday — in part because five of its 13 seats are vacant, reports Uptown Messenger. Th Oak Street Lofts [&hellip
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Proposed $35 Million Warehouse District Hotel Up For Approval

July 9, 2014 • Development, Hotel & Hospitality, Warehouse District • 6621

The proposed 9 story Cambria Suites in the Warehouse District is up for approval by the City Council this week. Fillmore Hospitality, an Ohio-based company with properties in New Orleans, wants to build the new hotel on an L-shaped parking lot on Tchoupitoulas and Commerce Streets in the Warehouse District. The proposal calls for a 178-room hotel made [&hellip
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Martin Wine Cellar Construction Is Well Underway! [Photos]

July 9, 2014 • Condos, Public Finance, Uncategorized • 5802

The highly anticipated reopening of Martin Wine Cellar is well underway. The famed Baronne Street location is being rebuilt as a single-story, 14,025 square foot retail store at 3827 Baronne Street. The site will include an upscale grocery, a 120 seat deli and large wine warehouse. “I am very excited to rebuild our store where it all began [&hellip
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Airbnb Users Create Nonprofit to Help Regulate Short-Term Rentals

July 8, 2014 • Hotel & Hospitality, Legislation & Regulation • 6036

A non profit organization supporting the regulation and legalization of short term rentals has launched recently in New Orleans, and will be holding their first official meeting from 6 to 8pm July 8th at Jefferson Parish’ West Bank Regional Library. The group of 22 members call themselves ‘The Alliance for Neighborhood Prosperity’, and began meeting [&hellip
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Do New Orleanians Spend Too Much On Housing?

July 7, 2014 • Multi Family • 4366

Across the nation, housing costs are a huge burden on Americans. Harvard’s Joint Center for Housing Studies did a huge study out on the state of the housing market. Housing affordability was one of the key factors they evaluated. Using data from the Census Bureau’s American Community Survey, the Harvard researchers were able to find how many people in [&hellip
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88 Algiers Acres on the Market for $1.76 Million

July 3, 2014 • News • 4393

A former navy air field, which clocks in at 88 acres, is for sale on the lower coast of Algiers. Corporate Realty reports that the available space is currently a cleared tract of land that can be used in a number of ways, such as subdivided and built out or used as a private lot for [&hellip
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