Canal Street Beat | New Orleans Real Estate News

Redevelopment of $70 Million Riverwalk Moves Forward

November 21, 2013 • Central Business District, Commercial, Development, Retail • 10402

The Developer of the $70 million conversion of the Riverwalk Marketplace offered a first look at their progress this week. Dallas-based Howard Hughes Corp. is transforming the Riverwalk Marketplace into The Outlet Collection at Riverwalk – the nation’s first downtown outlet center – and reopening it as a vibrant waterfront destination offering upscale fashion, local [&hellip
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Baton Rouge to NOLA rail service study due by year’s end

November 21, 2013 • Construction, Economic Development, Public Development, Transportation • 4195

A study to determine the feasibility of operating passenger rail service between Baton Rouge and New Orleans and how to finance the project should be completed by the end of the year. Plans are for the rail line to start near downtown Baton Rouge, around Florida Boulevard or Government Street, then make a stop either [&hellip
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City of New Orleans To Auction 5 Properties

November 20, 2013 • Public Development • 4369

On Friday, December 13, the City of New Orleans will auction five City-owned properties in the City Hall Council Chambers at 10:00 a.m. The Department of Property Management through the Division of Real Estate and Records will conduct the auction. The properties are 2552 St. Philip Street, 6038 St. Claude Avenue, 7450 Paris Road, 801 [&hellip
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$34 Million Lake Forest Charter Building Moves Forward

November 20, 2013 • Construction, Public Development • 5301

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 • 37766

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 • 4931

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 • 4145

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 • 6742

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 • 5416

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 • 4932

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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