Canal Street Beat | New Orleans Real Estate News

$34 Million Lake Forest Charter Building Moves Forward

November 20, 2013 • Construction, Public Development • 4220

The Orleans Parish School Board on Tuesday voted to proceed with a $34 million construction contract to build a new Lake Forest Charter School building in eastern New Orleans. Concerns that the price tag was too hefty, the the board cut $1.7 million from the contract by eliminating 85 extra parking spaces and opting not [&hellip
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Luxury Apts. Planned For Former Mid-City School

November 20, 2013 • Development, Mid-City, Multi Family • 36000

Developer Narinder Gupta plans to convert the former Sacred Heart gym and school building in the 200 block of Rendon Street into luxury apartments. The development will feature over 20,000-square feet of luxury apartments and will be mostly two-bedroom, two-bath rentals with 25 parking spaces. Narinder Gupta purchased the building through his company, 217 South [&hellip
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Renovations Complete at Two Downtown Hotels

November 19, 2013 • Central Business District, Development, Hotel & Hospitality, Warehouse District • 3989

The Hilton Garden Inn New Orleans French Quarter/CBD and the Courtyard Marriott at 300 Julia Street have wrapped up renovations that give them a fresh makeover. The Hilton renovations logged in at $22,580/key, which included 155 guest rooms with an additional 2000 square feet of meeting spaces costing $3.5 million dollars. Guests can now enjoy [&hellip
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Music Coalition & City Planning Commission Host Meeting on New CZO

November 18, 2013 • Zoning and Land Use • 3248

The City of New Orleans is currently rewriting the Comprehensive Zoning Ordinance (CZO), which dictates the zoning and uses for properties throughout the city. This is the first time the CZO is being rewritten since the 1970’s, so this is a huge opportunity (and maybe your only opportunity) to create a more ‘culture friendly’ city. [&hellip
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Morris Developing Historic Synagogue into Luxury Apartments

November 16, 2013 • Development, Lower Garden District, Multi Family • 5347

Greg Morris, the young developer responsible for the Bywater development that houses Booty’s Street Food, is at it again with his next project: the redevelopment of a 146-year-old, three-story synagogue at 709 Jackson Avenue into luxury apartments. The 11,000 square-foot building is about half way through the $1.3MM project. The synagogue is the oldest still [&hellip
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$25 Million Louisiana ArtWorks to be Auctioned Dec. 3

November 16, 2013 • Commercial, Warehouse District • 4334

Dec. 3 is the deadline to bid on the failed $25 Million Louisiana ArtWorks building near Lee Circle says the private group auctioning off the building. Several bids are expected, including one from a group led by members of the Brennan family who are working with Delgado Community College to turn it into a state-of-the-art [&hellip
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This Hospital Operator Will Now Manage N.O. East Hospital

November 16, 2013 • Healthcare, New Orleans East, Public Development • 3638

In a move that solidifies its growing influence within the metropolitan hospital market, Louisiana Children’s Medical Center will take over the operation of the New Orleans East hospital under construction at the site of the former Pendleton Memorial Methodist Hospital. Under the deal, announced Friday as a signed “letter of intent” with the city, Children’s [&hellip
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Development of Six Flags Goes Back To The Drawing Board

November 16, 2013 • Commercial, Development, Public Development • 7900

The Industrial Development Board has formally scrapped a plan to build an upscale outlet mall at the former Six Flags site and will begin soliciting other ideas for redeveloping the abandoned theme park site in eastern New Orleans by the end of the year, board Chairman Alan Philipson said Tuesday. Just over a year after [&hellip
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H&M Makes New Orleans Debut

November 15, 2013 • French Quarter, Retail • 6749

H&M’s first store in Louisiana will open tomorrow! The 32,000-square-foot retail space will be at 418 N. Peter’s St., at the corner of Decatur and St. Louis. The New Orleans store will be one of the first U.S.sites to feature an H&M Home department. The stores sell clothing and accessories for adults and children. Rumor [&hellip
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New Retail Redevelopment at Magazine and Nashville

November 15, 2013 • Development, Magazine Street, Retail • 4687

The Uptown Messenger reports that three buildings at the corner of Magazine and Nashville will be reconfigured into a higher end retail development. Last summer, the Butler Callahan Holdings development company bought the property at the end of the 5700 block of Magazine where Rare Cuts, Vom Fass and Parcels and Post are currently located. [&hellip
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