Canal Street Beat | New Orleans Real Estate News

Construction On This $12 Million Soccer Stadium To Begin Shortly

January 11, 2014 • Construction, Sports & Specialty, West Bank • 9101

After years of delay and the community having to deal with neighborhood blight, it looks like the highly touted soccer stadium and community ballpark at Behrman Park is finally about to get under way. This week (1/8), officials filed a new construction permit for the $12 million dollar facility, which will include the new construction [&hellip
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Whole Foods & Project Refresh To Open Feb. 4

January 11, 2014 • Uncategorized • 9447

Project Refresh and new Whole Foods at South Broad and Bienville Streets will open with a preview party Saturday, Feb. 1, and then an official opening day ceremony Feb. 4, according to local company spokesperson Kristina Bradford. The larger Refresh project, organized by Broad Community Connections and L+M Development Partners, includes the Whole Foods a [&hellip
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Tracage Development Gets Approval From New Orleans City Council

January 9, 2014 • Development, Multi Family, Warehouse District • 8452

The New Orleans City Council voted along with the Historic District Landmark Commission to let developers erect a 16-story apartment building known as Tracage in the Warehouse District. The council voted 6-0 to approve the Historic District Landmark Commission’s vote for the Tracage building to be built on the edge of the Warehouse District. Neighborhood [&hellip
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Medical Office New Construction Breaks Ground

January 9, 2014 • Construction, Development, Healthcare, Jefferson Parish • 6131

Construction started on the new Louisiana Pain Specialist Medical office building at Houma Boulevard close to East Jefferson Hospital. Gulf States Real Estate Services is the developer and its sister company, Innovative Construction Services, the contractor. Real estate veteran Mike Saucier is the owner of both companies. The 37,000-square-foot medical office building at 3530 Houma [&hellip
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Campanella Explains How Your House Got Its Address

January 9, 2014 • Architecture & Design, People • 4551

Richard Campanella, the author, Tulane School of Architecture geographer, and all around NOLA neighborhood specialist, has put together a great history and narrative of how the city got its municipal addresses. Writing for nola.com, Campanella takes us through the urban history of how your house got its number. Read the full article at NOLA.com. &nbsp
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A Peak Inside The Pelicans New Facility

January 9, 2014 • Construction, Jefferson Parish, Sports & Specialty • 14776

When New Orleans Pelicans owner Tom Benson bought the team in 2012, one of his first objectives was to provide the team with the NBA’s finest training and practice facility. His vision for a facility would give the players and coaches not only a first class facility for training and practice, but one that would [&hellip
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HRI’s Kabacoff and Latter & Blum’s Haase On The Future of NOLA Real Estate

January 8, 2014 • Uncategorized • 5655

Tulane finance professor Peter Ricchiuti’s Out To Lunch, the business radio show he conducts over lunch at Commander’s Palace restaurant, recently interviewed HRI’s Pres Kabacoff and Latter & Blum’s Rick Haase. Kabacoff and Haase discuss some great thoughts and analysis of the state of the New Orleans real estate market and a vision of [&hellip
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NOLA Office Market Continues Upward Trend

January 8, 2014 • Central Business District, Jefferson Parish, Office • 5131

The commercial office market is heating up, following the same increases we are seeing in retail, hotel, and multifamily across the metro area. The Metairie and Central Business District office markets will continue strengthen in 2014 as occupancy rates and average rents increase. One broker, Robert Hand, suggested that there has been a 54 percent [&hellip
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Check Out This List of New Developments On The Drawing Board

January 7, 2014 • Development • 9642

With national retailers moving in, the hospitality market at an all time high, and new developments moving forward, the New Orleans real estate market is hot right now. New projects are popping up every day and old developments, tabled since the recession, are now springing back to life. Here is a list of some proposed [&hellip
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Kenner Senior Living Center Acquired For $26.8M

January 7, 2014 • Acquisitions, Healthcare, Kenner • 3792

National Health Investors Inc. (NHI), a Tennessee health care real estate investment trust, purchased the Nouveau Marc senior living center earlier this month for $26.8 million. The sale of the 113-unit independent senior living facility in Kenner was part of NHI’s $491 million acquisition of 25 facilities in 12 states from Oregon-based Holiday Retirement. According [&hellip
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