Canal Street Beat | New Orleans Real Estate News

Jaeger Buys 45-Story Plaza Tower, Third Tallest Building in Louisiana

September 9, 2014 • Acquisitions, Central Business District • 11375

New Orleans’ third tallest building, which has sat unused for a dozen years, has been sold. JSW Plaza Tower was sold last week to local developer Joe Jaeger Jr. through his company Alexandra Land and Development LLC, according to court records. The building has been unused since 2002 because of environmental problems such as toxic mold and asbestos. According [&hellip
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Check Out the Plans for the New Food Truck Venue on O.C Haley

September 5, 2014 • Central City, Economic Development, Food & Beverage • 13878

At the end of August, plans were submitted for a new food truck facility at 2000 Oretha Castle Haley Blvd. Owner/ Developer of the facility is the Good Work Network. Permit Description: Construct a “food court” (Fast food restaurants) as per plans: 6 vendor pod kitchens, 1 commercial kitchen, and a courtyard with outdoor [&hellip
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Doctor Purchases Downtown Office Building for $4.75M

September 5, 2014 • News • 7875

Dr. Tarun Jolly closed on the 32,600-square-foot downtown office building that he plans to use as the headquarters for his booming pharmaceutical and DNA testing company. The 4 story building at 301 St. Charles Ave. went back on the market in May after another deal fell through. Tarun will use the building for headquarters for Renaissance RX, Jolly’s toxicology [&hellip
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Latter & Blum Acquires Another Real Estate Firm, This Time in Houma

September 3, 2014 • Acquisitions • 5616

Not even a month after its last acquisition, New Orleans real estate company Latter & Blum has expanded its footprint in Louisiana. Latter & Blum announced yesterday it acquired Houma-based Patterson Real Estate Agency. The deal expands Latter & Blum’s residential operations to 30 offices with more than 1,400 agents, extending its reach as the state’s [&hellip
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4 Screen Movie Theater Planned for 636 N Broad

September 2, 2014 • Architecture & Design, Commercial, Development, Historic, Mid-City, Renovation, Sports & Specialty • 14003

Earlier last month a permit application was filed for the property located at 636 N Broad Street. Below is a description of the project from the permit application: “Conversion of a historic warehouse into a small 4-screen movie theater. Building is on the national and state registry of historic landmarks.” Get The Gorilla [&hellip
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FedEx To Build 175,000 Square Foot Distribution Center

September 2, 2014 • Construction, Industrial, Northshore • 14110

Federal Express will be building a brand new 175,000 square-foot distribution center on 15 acres at the Northpoint Business Park near Covington, reports nola.com. The development will bring 800 new jobs to St. Tammany Paris. Construction is expected to take 15 months to complete, which include significant road improvements for access. The site in the Northpointe Business Park, [&hellip
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YAYA To Hold Groundbreaking For New Central City Arts Center [PICS]

September 2, 2014 • Central City, Construction • 5910

Young Aspirations/Young Artists Inc. announced it will hold a groundbreaking ceremony Wednesday, Sept. 3, for the new YAYA Arts Center that will open at 3322 LaSalle Street in 2015. The ceremony is open to the public and will take place at 10:30 a.m. at 3322 LaSalle Street, the location of the new YAYA Arts Center. The new [&hellip
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Stirling Properties Kicks Off Phase II of Fremaux Town Center

August 29, 2014 • Development, Retail, Slidell • 12814

Stirling Properties and partner CBL & Associates Properties, Inc. (NYSE: CBL) are moving forward with the construction of the second phase is underway at Fremaux Town Center in Slidell, Louisiana. Site work commenced in June with a scheduled opening in October 2015. Phase II will include roughly 285,000 square feet of additional retail space and will be anchored by [&hellip
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The Maestri Condos Planned for 749 St Charles Avenue

August 27, 2014 • Condos, Development, Residential, Warehouse District • 15252

Last week an application was submitted to build condos at 749 St Charles Avenue. For many years, this property operated as the Le -Dale Hotel. Interesting bit of trivia is that the Le Dale Hotel is where Ylenia Carrisi disappeared in 1994. She was often referred to as Italy’s Vanna White. Description of [&hellip
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Developer Proposes Luxury Condos in French Quarter

August 27, 2014 • Condos, Development, French Quarter • 8219

There is an exciting new plan being considered by the Architectural Review Committee for the Vieux Carré Commission to convert a former French Quarter assisted living facility into a luxury condominium development. The properties at 822 Barracks St. and 1220 Dauphine St may be renovated into a 16 unit condo complex with off-street parking. The [&hellip
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