Canal Street Beat | New Orleans Real Estate News

Is The City About To Install Bike Racks Everywhere?

July 21, 2014 • Community Development, Transportation • 6128

Last week, the Landrieu Administration announced that it plans to install scores of more bicycle racks across the city and has asked for residents’ input on where those racks should be installed. “Bicycling is an important mode of transportation in New Orleans and we are committed to promoting this healthy and safe commuting option,” Mayor Mitch [&hellip
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Old Metairie’s Real Estate Boom

July 18, 2014 • Jefferson Parish, Residential • 5774

Like much of the rest of New Orleans, Old Metairie is experiencing a real estate boom, reports WWLTV. On the residential front, houses are flying off the market. Many homes are selling in less than three days. The increase of home sales is the result of medical professionals, scientists and researchers moving into the area. [&hellip
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Fresh Market To Open 19,000 Square Foot Metairie Location

July 16, 2014 • Jefferson Parish, Retail • 10413

The Fresh Market will open its first store in Metairie next year, reports the New Orleans Advocate. The grocery store will take over a 19,265 square foot space that formerly housed a Scandinavia furniture outlet across from Dorignac’s Food Center on Veterans Memorial Boulevard in Metairie. The shopping center that will house Fresh Market already includes [&hellip
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Kingsley House To Build New 24,000 Square Foot Expansion In Lower Garden

July 15, 2014 • Construction, Development, Lower Garden District • 12656

A project to meet the high demand for early childhood care and senior services for the low-income population is expected to take shape soon in the Lower Garden District. Kingsley House will build a 24,000-square-foot expansion next to its existing campus on Constance Street in the Lower Garden District. Planning and financing have been underway [&hellip
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Raising Cane’s Opens This Week Uptown

July 15, 2014 • Retail, Uptown • 6519

Raising Cane’s, the Baton-Rouge based restaurant chain, will open its first uptown New Orleans location on Thursday with a grand opening at its store on South Carrollton Avenue. The Carrollton location is the former site of a KFC restaurant that Raising Cane’s took over earlier this year. The 2,426 square foot restaurant sits on a 15,000 square foot [&hellip
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Curious About How Tax Credits Work? Here is Your Chance To Learn.

July 14, 2014 • Conference, Finance & Lending, Tax Credits • 5744

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 and an inside look at the future of the Bywater. CREW is back at it again this week with a shindig on everything you always wanted to [&hellip
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Check Out These Aerial Photos of Tulane’s New Football Stadium [PICS]

July 11, 2014 • Construction, Sports & Specialty, Uptown • 15077

Tulane is making significant progress on the construction of its new $72 million, 30,000 person seat football arena, Yulman Stadium. Reports are that construction alone will cost $63.5 million, and the remainder will be eaten up by soft costs. The major donors are Tom and Gayle Benson ($7.5 million to name the field), Jill and [&hellip
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City Approves Zoning Change For Three Story Mid-City Development

July 11, 2014 • Mid-City, Office, Zoning and Land Use • 4509

The proposed three-story, 16,050 square foot building for the Campus Federal Credit Union and other tenants got a step closer to reality this week. On Tuesday, the New Orleans City Planning Commission approved a zoning change for the development. Proposed plans call for the conversion of two properties on Gravier and South Miro streets into a general commercial district from [&hellip
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Demo Request for Oak Street Lofts Delayed

July 10, 2014 • Condos, Development, Uptown, Zoning and Land Use • 5413

A developer’s request to demolish a building to make way for the new Oak Lofts condo and gym complex were delayed by two weeks, after a city panel failed to gather enough members to hold a meeting legally on Monday — in part because five of its 13 seats are vacant, reports Uptown Messenger. Th Oak Street Lofts [&hellip
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Proposed $35 Million Warehouse District Hotel Up For Approval

July 9, 2014 • Development, Hotel & Hospitality, Warehouse District • 6967

The proposed 9 story Cambria Suites in the Warehouse District is up for approval by the City Council this week. Fillmore Hospitality, an Ohio-based company with properties in New Orleans, wants to build the new hotel on an L-shaped parking lot on Tchoupitoulas and Commerce Streets in the Warehouse District. The proposal calls for a 178-room hotel made [&hellip
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