Canal Street Beat | New Orleans Real Estate News

Want a Behind The Scenes Tour of Crescent Park? Here is Your Chance

April 15, 2014 • Bywater, Community Development, Parks & Public Spaces, Zoning and Land Use • 5593

Crescent Park, the 1.4-mile long park running along the Mississippi River in the Bywater, with 20-acres of landscaping, a network of paths for walking, jogging, and biking, picnic areas, benches, a dog run, and two multi-use pavilions, finally opened in February after years and years of delays. Crescent Park was designed for the public’s use, [&hellip
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Check Out This List Of The Top Leasing Deals in 2014

April 14, 2014 • News, Office, Retail • 5236

Here is a look at the top commercial leasing deals around the metro area during the first quarter of 2014. Robin Shannon at CityBusiness put together a “Commercial Leasing Ledger“, which outlines some of the top deals during the first quarter. We should mention that it looks like most of these are self-reported submissions, so [&hellip
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Prudential Gardner Asks to be Released From Responsibility of $50K Deposit

April 14, 2014 • Legal • 5347

The Louisiana Record reports that real estate brokerage firm Gardner Realtors is seeking to have a New Orleans court take charge of a $50,000 deposit it is holding after a real estate deal fell through. GBS Properties LLC, formerly Prudential Gardner Realtors, filed suit against Regions Bank of Alabama, and Mary Mason Crosson of Texas, [&hellip
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This ‘Nano-Brewery’ Just Got Approval For Lower Garden Brewhouse!

April 11, 2014 • Lower Garden District, Retail, Zoning and Land Use • 4851

Despite months hopping over city hurdles and through regulations, Courtyard Brewery secured the final approval from the New Orleans City Council to open its brewhouse facility in the Lower Garden District. Just last month, the nano-brewery got approval for outdoor seating from the City Planning Commission. The brewery is to be located in a vacant [&hellip
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Corporate Realty Retained as Asset Manager for Dallas Skyscraper

April 11, 2014 • Awards & Recognition, News, Property Management • 4368

Last month we reported that New Orleans-based KFK Group acquired the One Main Place skyscraper in Dallas’ Central Business District for an undisclosed sum. CanalStreetBeat has now learned that Corporate Realty has been tapped to serve as the skyscraper’s asset manager. Elie Khoury, the principal owner of KFK, along with Corporate Realty acting as asset [&hellip
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Stirling Properties To Build New 14,000sf Walgreens in Kenner

April 10, 2014 • Development, Kenner • 6645

Stirling Properties will be developing a new full-service Walgreens drugstore in Metairie, Louisiana. The proposed Walgreens is destined at the corner of Veterans Boulevard and Power Boulevard in the Barlon Plaza Shopping Center. The new store will be a ground-up relocation of the existing Walgreens that is currently within the center. “This project is a [&hellip
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Butler Callahan To Demolish Roly Poly; Make Way for Regions Bank

April 10, 2014 • Development, Finance & Lending • 5026

The Uptown Messenger reports that a developer’s request to tear down the Roly Poly building on Tchoupitoulas for a new bank branch was approved by City officials., The demolition application filed with the city by Butler Callahan Holdings calls for the Roly Poly at 5409 Tchoupitoulas and the house behind it at 305-07 Octavia to [&hellip
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Check Out These Aerial Photos of South Market District’s Construction

April 10, 2014 • Construction, Warehouse District • 6553

The Domain Companies have been working hard on construction at the South Market District and construction is moving right along. The $200 million mixed-use development off the Loyola Avenue streetcar line will eventually encompass 600 apartments, 170,000 square feet of retail space consuming four blocks, a parking garage, and a hotel. We know that furniture [&hellip
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Corporate Realty Tops List of CoStar Power Brokers

April 9, 2014 • Awards & Recognition • 5923

Corporate Realty topped the list of New Orleans firms and agents honored to be included in the 2013 Power Broker Awards by the CoStar Group. CoStar Group is a commercial real estate research firm that gives out annual awards to firms and individual brokers who closed the highest transaction volume in commercial property sales or [&hellip
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Are There Really 200 Urban Gardens Across New Orleans?

April 9, 2014 • Community Development, Zoning and Land Use • 5950

We all know that Hurricane Katrina left thousands of empty lots across the city. Most of us know that many of those lots are blighted and filled with overgrown weeds. And some of us know that there have been efforts to create urban gardens on those lots. But 200 of them? Really? The Times-Picayune reports [&hellip
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