Canal Street Beat | New Orleans Real Estate News

New Orleans’ Dazzling Post-Katrina Parks Boom (via Next City)

June 4, 2014 • Community Development, Parks & Public Spaces • 6908

New Orleans has reinvented or created several new, fantastic parks and community green spaces since Katrina. Among the new parks are the 3.1 mile linear Lafitte Greenway, the riverfront Crescent Park in the Bywater, a revamping of City Park, and the city’s first official dog run and its only mini-golf course. Our friends at Next [&hellip
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What? Krystal Burger To Open 15-20 Stores in NOLA Over The Next Year?

June 4, 2014 • Retail, Uptown • 11917

A brand new branch of Krystal Burger has received unanimous approval from the city to open its doors in a shuttered building on South Claiborne between Earhart Boulevard and Napoleon Avenue, reports Uptown Messenger. The building, formerly a KFC prior to Katrina, is among a dozen scheduled to open in the New Orleans area over the next [&hellip
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Kirschman Gets City Approval For Demolition of Old Frank’s Steakhouse on Freret

June 3, 2014 • Development, Uptown, Zoning and Land Use • 7272

The City of New Orleans’ Neighborhood Conservation District committee has granted a local businessman permission to demolish the former Frank’s Steak House, located on Freret Street. Arnold Kirschman, whose family had operated furniture stores in New Orleans for almost a century, will be redeveloping the site at the corner of Freret and Cadiz, the largest [&hellip
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What are Condo Reserves? What’s an Assessment on a Condo?

June 2, 2014 • Condos, Warehouse District • 14987

Since a condo association acts as a group when it comes to collecting condo fees in order to pay bills such as water, sewerage, upkeep, management, insurance and those collective payments. Most condo association collect more that is needed in the day-to-day operations so the association will have money when something unexpected happens. If your [&hellip
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NORA’s Impact in 2013: Nearly $80 Million Invested!

June 2, 2014 • Community Development, Public Development, Public Finance • 4733

The New Orleans Redevelopment Authority, the city agency tasked with eliminating blight and revitalizing housing, commercial development, and larger scale neighborhood level efforts, has done some pretty amazing things lately. Under Executive Director Jeff Hebert, the organization has returned buildings back into commerce, helped eliminate blight, and financed commercial community developments like Myrtle Banks [&hellip
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Stinky’s Fish Camp Owner To Open This Landmark Restaurant at the Intercontinental

May 30, 2014 • Central Business District, Food & Beverage, Hotel & Hospitality • 8444

The 13 story Hotel Intercontinental at 444 St. Charles Avenue has been undergoing a major multi-million dollar renovation to its lobby, atrium and second floor. We now know that a new flagship restaurant called Trenasse will be opening on the first floor of the hotel. Trenasse is the bran child of Jim Richard, the chef and restaurateur [&hellip
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$8 Million Apartments Planned for St. Anna’s on Prytania

May 29, 2014 • Development, Garden District, Multi Family, Uptown • 8960

Developer and real estate investor Tom Winingder will break ground next month on the redevelopment of former assisted living center St. Anna’s into luxury apartments. According to Orleans Parish records, Winingder purchased the 40,000-square-foot, three-story building in November for $3.7 million from Lambeth House, a senior citizen community that assumed control of the property in [&hellip
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Real Estate Conference To Take Place on Northshore

May 29, 2014 • Conference, Northshore • 4295

The 2014 Economic Outlook and Real Estate Forecast Seminar for the Northshore Region in Covington is being held on June 6. The University of New Orleans (UNO) and Latter & Blum, Inc. are c-presenters of the seminar. The seminar brings “together people from a wide cross-section of the region’s business, professional and civic communities.” Panel discussion [&hellip
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New Investments Boost Industrial Real Estate Market; Create Hundreds of New Jobs

May 28, 2014 • Industrial, Investment • 4529

A slew of new investments in New Orleans industrial and technology facilities worth tens of millions and several hundred new jobs will boost the local real estate market, particularly the industrial sector. According to CPExecutive, the investment with the biggest impact is TCI Plastics’ 500,000-square-foot logistics expansion at the Port of New Orleans. Parent company Jensen Cos. announced that [&hellip
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Everything You Wanted to Know About NOLA’s Office Market [Update 2014]

May 28, 2014 • Office • 3995

Earlier this year Corporate Realty, the New Orleans-based brokerage firm that’s known for its office leasing expertise, released its comprehensive report on everything you ever wanted to know about the Greater New Orleans Office Market for 2013. Doubling down on their office knowledge, the firm has just published an update to their report, releasing the 1st Quarter 2014 [&hellip
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