Canal Street Beat | New Orleans Real Estate News

Bryce French and Gerard Henry Take Down Top Deal of the Year Awards

June 28, 2019 • News • 2919

Earlier this month, on June 6, 2019, the Commercial Investment Division of the New Orleans Metropolitan Association of REALTORS® (CID) awarded top honors to Gerard Henry, SIOR and Bryce French of Max J. Derbes Inc. The annual awards program is held for the purpose of recognizing commercial realtors for their outstanding sales and leasing production and [&hellip
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New 88-Key Marriott Breaks Ground at Fremaux Park

June 24, 2019 • News • 3231

Construction began last week on a new 88-room hotel at Fremaux Park, a mixed-use development surrounding Slidell’s Fremaux Town Center. The Springhill Suites by Marriott hotel is projected to open at the end of 2020, according to Q Hotels and Stirling Properties. Q Hotels, a hospitality development and management company based in LaPlace, is the developer [&hellip
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Stonehenge Capital Hires Former HRI Properties Executive Richard Allen

June 19, 2019 • News • 4233

Baton Rouge-based Stonehenge Capital has hired former HRI Properties executive Richard Allen as its new Director of Strategic Initiatives. In his new role as part of the tax credit services team at Stonehenge, Allen will be responsible for expanding Stonehenge’s real estate investments, including providing equity capital to qualified businesses located in Opportunity Zones. Allen is [&hellip
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Louisiana Landmarks Releases 2019’s List of Most Endangered Historic Properties

June 17, 2019 • News • 3636

Each year, the Louisiana Landmark Society releases its annual list of New Orleans’ most endangered historic sites. You can see prior years for 2018 (here), 2017 (here) and 2015 (here). Last week, the Louisiana Landmarks Society released its 2019 list, which you can see below. All photos courtesy of the Louisiana Landmark Society. 1. General Laundry LOCATION: [&hellip
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Lindy Boggs Redevelopment Moves Forward

June 13, 2019 • News • 3623

Developers MCC Real Estate and St. Margaret’s Daughters, who co-own the former Lindy Boggs medical facility, have plans to move forward with a redevelopment that would convert it into an assisted living and memory care facility, according to the Mid City Messenger. The team told the Mid City Neighborhood Organization recently that they have plans [&hellip
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Retail Project At Magazine & State Kicks Off

June 7, 2019 • News • 3705

The new 7,500 square foot retail development set for the corner of State and Magazine Streets has kicked off construction, according to our friends at Uptown Messenger. The new project by developers Brian Gibbs and Clay Cambre at 6001 Magazine St. will eventually house four retail spaces, including a coffee shop, which is rumored to [&hellip
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Cantrell Eyes Demolition of Six Flags Site

June 4, 2019 • News • 5750

Last week, at a press conference for the demolition of the Grand Theater in New Orleans East, Mayor Cantrell announced her intention to demolish the abandoned six flags site. “Right now, I have my sights on the Six Flags site, which we are now running numbers for demolition as I speak,” said Cantrell, according to [&hellip
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Check Out the Joy Theater’s Newly Unveiled Renovations

May 28, 2019 • Commercial, Food & Beverage, Historic, News, Renovation • 6104

The Joy Theater recently underwent interior cosmetic renovations to enhance the overall patron experience at the 10,000 square foot venue on Canal Street. Originally opened in 1947 as a movie house, the theater was closed down in 2003 and reopened following post-Katrina renovations in 2011. Then, the operating rights to the Joy Theater were sold [&hellip
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$80 Million Virgin Hotel New Orleans Breaks Ground

May 28, 2019 • News • 6099

Virgin Hotels, the Virgin Group’s lifestyle hotel brand, has broken ground on Virgin Hotels New Orleans. The Buccini/Pollin Group is the developer of the project. The new location will be in the Warehouse District at 550 Baronne Street, and will feature over 200 rooms, multiple dining and drinking outlets such as the brand’s signature Commons [&hellip
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Check Out Photos of Maison de la Luz, Atelier Ace’s New Hotel

May 23, 2019 • News • 2734

Maison de la Luz, the new hotel from Ace Hotel parent company Aterlier Ace, recently opened at 546 Carondelet Street. The location is directly across the street from the existing Ace Hotel. Maison de la Luz has been billed is a higher end, private enclave version of The Ace next door. Designed by Los Angeles-based [&hellip
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