Canal Street Beat | New Orleans Real Estate News

Want to Get a Look at the Future of the Bywater? Check Out This Event

May 13, 2014 • Bywater, Conference • 5734

Waaaaaaaay back when, the Bywater was primarily agricultural land. It attracted settlers of French, Spanish, Caribbean, Creole, African, and Native American decent. It is this deep tradition of diverse cultures that coalesced into the “Bywater” in the early 20th century. With the completion of the Industrial Canal, the Bywater saw continued growth during the 1980s [&hellip
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New Orleans Condos, Few Complexes Started out as Condos…Interesting Histories Indeed!

May 12, 2014 • Condos, Warehouse District • 8441

The Federal Fibre Mills at 1107 S. Peters was a rope factory completed in 1903. It made all sorts of ropes for the transportation industry and manufacturers that used rope. It was renovated in the early 1980′s to become a center piece of the 1984 World Fair that was held in New Orleans. The mono-rail ran [&hellip
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This CBD Building Is Getting Converted Into 12 New Apartments

May 12, 2014 • Central Business District, Development, Multi Family • 9113

530 Natchez Street, a vacant three-story building, will soon be converted into 12 luxury apartments by father and son developers Jonathan and Earl Weber. The building is roughly 19,000 square feet. Total new construction costs will be circa $1.8 million, or roughly $150,000 per unit. Financing includes the use of state and federal historic tax [&hellip
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Whoa! Latter & Blum Rakes in $97 Million in 2013

May 9, 2014 • News • 5408

photo via latterblumpm.com Latter & Blum reported three year growth of 66.1%, increasing revenues from $58.7 million in 2011 to $97.5 million in 2013. The figures were collected as part of an annual survey conducted by CityBusiness on the region’s fastest growing companies. The rise in revenues comes as the real estate market has picked [&hellip
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The Riverwalk is Staying Open Late for a Rocking Party

May 8, 2014 • Central Business District, Conference, Development • 4561

Currently undergoing a $70 million renovation, the Riverwalk is scheduled to open in a few weeks (May 22). To kick off the brand new Riverwalk and the opening of a ton of amazing stores, a group of local organizations are hosting a Riverwalk after-hours party for people to come, eat and drink, check out the [&hellip
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New Orleans Developer Buys Dallas Office Tower For Redevelopment

May 8, 2014 • Acquisitions • 5101

New Orleans developer HRI, Inc. will redevelop a Dallas office tower into a hotel and apartment building. This is the second New Orleans developer to purchase a Dallas office building for repositioning after the KFK group purchased One Main Place, the 32-story building with more than 1 million square feet of office space, earlier this [&hellip
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This Conference Offers a Peak Into NOLA’s Real Estate Future

May 8, 2014 • Conference, Economic Development • 4133

The University of New Orleans Institute for Economic Development and Real Estate Research will hold its annual seminar on the business outlook and real estate forecast for the greater New Orleans metro area this week May 9, 2014. The conference includes four panel presentations moderated by Ivan Miestchovich, director of the UNO Institute for Economic [&hellip
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The Cost of This Neighborhood Center Nearly Doubled to $6 Million!

May 7, 2014 • Public Development, Treme • 4878

The old Treme Center, which was damaged in Katrina, was rebuilt by the city and re-opened in April 2013. The Treme Center, located behind Armstrong Park , is a recreation center with a pool, a basketball court, a dance studio, workout area and a stage for community performances. Since it re-opened, the community center has [&hellip
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Call for Artists: You Could Get $50,000 To Create Art For This Housing Redevelopment

May 7, 2014 • Architecture & Design, Community Development, Mid-City • 5675

Providence Community Housing, Enterprise Community Partners and L&M Development are working to redevelop the Lafitte Projects as affordable, mixed-income housing. Those developers, along with the Arts Council of New Orleans, are seeking to commission new permanent exterior artwork at the development that will “enhance and celebrate” community. They are offering $50,000 to the winning artist. [&hellip
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$70 Million Luxury Canal Street Development Gets Its Demo Permit

May 6, 2014 • Central Business District, Development, Zoning and Land Use • 7516

1031 Canal, the $70 million high rise planned for the corner of Canal and Rampart Streets, is finally moving forward after it was able to obtain its demo permit from the city. The building permit for the high rise on the edge of the French Quarter has been under review since last November, and seemed [&hellip
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