Canal Street Beat | New Orleans Real Estate News

$35 Million Cambria Suites Hotel Development Moves Forward in CBD

January 26, 2015 • Architecture & Design, Hotel & Hospitality, Warehouse District, Zoning and Land Use • 6503

Plans Last week, the Historic District Landmarks Commission granted design approval for the seven-story, 162-room Cambria Suites hotel on an L-shaped surface parking lot at 632 Tchoupitoulas St. in the warehouse district. Filmore Hospitality has proposed the 108,000 hotel development that would take the place of a surface parking lot and small building. The hotel would [&hellip
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Today’s Development Agenda: New Broad Street Theater & American Can Renovations

January 22, 2015 • News • 4890

The Mid-City Messenger reports that the two biggest real estate items on today’s City Council agenda are the new Broad Street movie theater and the renovations to the American Can apartment complex in Mid-City. Both projects are scheduled for an approve/reject vote by the council. The Broad Street movie theater is a 4 screen theatre [&hellip
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Faubourg Lafitte Development Moves Forward; $15 Million Construction Starts

January 21, 2015 • Development, Public Development, Public Finance • 7390

The third phase of the Faubourg Lafitte housing project redevelopment looks like its finally picking up speed, with the filing of a $15 million building permit with the city. This phase will feature a new 100,000-square-foot apartment complex for low-income senior citizens at 700 N. Galvez St., and is part of the larger redevelopment of the Lafitte Projects [&hellip
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How Will The New Zoning Ordinance Will Impact Music and Culture in NOLA?

January 21, 2015 • Conference, Zoning and Land Use • 3764

Our friends over at the Music and Culture Coalition of New Orleans are holding a meeting today to discuss how the Comprehensive Zoning Ordinance has–and will–impact music and cultural traditions in New Orleans, and discuss what changes still need to be made to ensure we finally have a zoning ordinance that encourages and supports our culture, rather [&hellip
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Curious About the State of Real Estate Finance in NOLA? Here’s The Chance To Hear From Heavy Hitters

January 20, 2015 • News • 4584

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, an inside look at the future of the Bywater, and a primer on Tax Credit finance. CREW is back at it again next week with en event on [&hellip
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Granaio Lofts Is Back, Developer Seeking High End Restaurant Tenant

January 19, 2015 • Central Business District, Development, Food & Beverage • 10241

Developer Josh Bruno is back again, working on a new proposal for his $20 million Granaio Lofts Project in the Warehouse District that was shot down by the City Council last year. Bruno is seeking a high end restaurant and bar to go into a 6,500 square foot retail space at the bottom of the [&hellip
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Plans and Renderings For the New St. Bernard Project Headquarters!

January 16, 2015 • BioDistrict, Community Development, Mid-City • 8203

Plans were filed with the city recently for St Bernard Project’s new headquarters. The new building will be located at 2645 Toulouse Street in Mid city and is part of larger redevelopment of the block that was written about here. Also of note, the soon to open Lafitte Greenway will be across the street. Check out plans and [&hellip
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$64 Million, 19 Acre Movie Studio Gets Tax Break From City

January 16, 2015 • Finance & Lending, Public Finance, West Bank • 11312

A New Orleans-born Hollywood movie producer plans to turn a 19-acre former railroad yard into a $63.5 million film and television production facility in Algiers. This week, developer Scott Niemeyer was granted a property tax abatement to keep the project moving. This week, the Industrial Development Board granted the developer a payment in lieu of taxes (PILOT) for [&hellip
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New York Investor Acquires Both Renaissance Hotels For $35 Million

January 16, 2015 • News • 7200

New York real estate investor Richard Hadar, through his company Richard Hadar Funding, has purchased the Renaissance New Orleans Arts Hotel at 700 Tchoupitoulas St. and the Renaissance Pere Marquette Hotel at 817 Common St. for nearly $35 million, according to city records. Clearview Hotel Capital was the seller of both hotels, which had recently acquired them in 2013 [&hellip
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New Orleans’ First Live Escape Game, ‘Clue Carre’, Opens in CBD

January 15, 2015 • Central Business District, Sports & Specialty • 9202

Recently, New Orleans’ first live escape game, Clue Carre’, opened at 337 Baronne Street. Whats Clue Carre’? According to the company, Clue Carré is New Orleans’ First Live Escape Game. You and your friends, family, or colleagues are locked in a room together. Your goal? Find the clues, crack the code, and solve the puzzles [&hellip
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