Canal Street Beat | New Orleans Real Estate News

American Institute of Architects Buys Lee Circle Building

August 26, 2014 • Acquisitions, Architecture & Design, Central Business District • 7629

The American Institute of Architects New Orleans chapter has purchased its local head quarters it had been renting on Lee Circle. According to CityBusiness, the organization paid $530,000 for the 2,200-square-foot space on the ground floor of 1000 St. Charles Ave., which it has leased since 2010. The AIA bought the property from 1000 St. Charles [&hellip
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Back On The Block: City Seeks New Ideas for World Trade Center

August 25, 2014 • Hotel & Hospitality, Public Development • 7386

A few months after the city’s potential deal with a Dallas-based developer to redevelop the former World Trade Center site fell through, the city said last week that it will seek new proposal to redevelop the site next month. Mayor Mitch Landrieu spokeswomen Garnesha Crawford said the city is currently working on a new request for proposals that will be issued [&hellip
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Launch Pad To Open Entrepreneurial Hub & Fresh Food Market at St. Roch

August 22, 2014 • Marigny, Public Finance • 7323

After nine years of vacancy, a 3.5 million dollar restoration, and countless public meetings, the St. Roch Market will re-open. Yesterday, the city announced that Launch Pad has been chosen as the master lessee for the building. The New Orleans Building Corporation, the city entity that manages the building, named Bayou Secret LLC as the [&hellip
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New Apartments Coming to 822 Howard Ave

August 21, 2014 • Development, Renovation, Residential, Warehouse District • 10804

HMS Architects submitted plans to renovate 822 Howard Avenue on August 19th. Here’s the description of the project according to the application filed: “Renovation of and addition to existing building to convert to 17 unit multi-family dwelling as per plans and HDLC and BZA Approval: 1st floor – 5 units [#101-105]; 2nd floor – [&hellip
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$50 Million Westbank Hotel Complex Breaks Ground

August 21, 2014 • Development, Hotel & Hospitality, West Bank • 7241

The developer of a new $50 million hotel project in Gretna broke ground yesterday. Harvey-based BN Management broke ground on the 123-room Marriott-branded Courtyard Inn that will be built on an 11-acre tract of land between Whitney Avenue and the West Bank Expressway. The hotel is the first phase of a larger development on the property, which [&hellip
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New Orleans Condos….How do Common Areas and Amenities Effect the Value of your Condo..?

August 20, 2014 • Condos • 6731

Besides Location, Condition, Size and Parking in the New Orleans Condo Market; Common Areas are becoming a more important factor in value and in demand. More people want areas where they can relax without going outside the complex. These amenities are courtyards, pools, gyms, lobbies, atriums and things that add to the pleasure of condo [&hellip
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Prime Fitness Opens 3,000+ Square Foot Facility in Warehouse District

August 18, 2014 • News • 9335

Fitness facility and work out gym Prime Fitness RX has opened its doors in the warehouse district of downtown New Orleans. Prime Fitness is one of the three new retail tenants going in at the newly redeveloped 607 Julia Street. The 3,000+ square foot facility will the warehouse districts first large work out facility. But [&hellip
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DDD Launches Call To Redesign Public Parking Spaces Downtown

August 18, 2014 • Central Business District, Parks & Public Spaces • 7071

The Downtown Development District (DDD) along with New Orleans Arts District and Tulane City Center have issued an open call to artists, designers, architects, urban planners and local activists to submit design proposals to be constructed for New Orleans’ PARK(ing) Day. PARK(ing) Day is an annual, open-source global event where citizens, artists and activists collaborate [&hellip
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Faubourg Freret Mixed-Use Development Coming to Freret

August 15, 2014 • Development, Multi Family, Uptown • 8458

Arnold Kirschman, the developer that bought the old Frank’s Steakhouse building on Freret, has demolished the structure and plans to build a mixed-use development on the site. The Faubourg Freret is a new mixed use development on Freret Street with 13,300 SF of ground floor retail space and 30+ apartments on upper floors. The development will include [&hellip
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Holy Cross Development In Doubt After Court Ruling

August 14, 2014 • 9th Ward, Development, Legal • 6415

Will the redevelopment of the old Holy Cross into a mixed-use development ever happen? It seems a bit less likely after a ruling this week by an Orleans Parish Civil District Court judge. On Wednesday, Judge Piper Griffin found that the zoning change permitting the development was improperly filed and invalidated it it on a technicality. [&hellip
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