Canal Street Beat | New Orleans Real Estate News

Charity Redevelopment Comes Into Focus

February 26, 2019 • News • 5062

1532 Tulane Partners, a joint venture between New York-based El Ad U.S. Holdings and New Orleans-based CCNO Development Inc., has announced more details around its $564 million plan to redevelop the Charity Hospital Complex. Their plan calls for a mix of market rate apartment, affordable apartments, retail, and office space, and include Tulane University as an [&hellip
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Palmer Authors Legislation to Support Affordable Housing

February 22, 2019 • News • 2443

Councilmember Kristin Palmer has proposed a new motion (motion M-19-73) that would amend the City’s zoning law to require developments along the riverfront in the Marigny and Bywater to include at least 10 percent of affordable housing units in order to qualify for additional density and height limits, up to a maximum of six stories [&hellip
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$24 Million Apartment Complex Slated For Old Winn Dixie Site

February 19, 2019 • News • 4436

Developer McCormack Baron Salazar will break ground soon on a $24 million, 76 unit apartment complex. 30 of the units are affordable and reserved for Section 8 housing. The four-story complex is planned for the old Winn Dixie site on St. Louis and Basin Streets. The Housing Authority of New Orleans (HANO) owns the land. [&hellip
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Proposed Rouses on Freret Secures Planning Approval

February 14, 2019 • News • 4047

The proposed Rouses supermarket on Freret Street secured City Planning Commission approval this week to sell alcohol and operate a food-processing facility as part of the grocery. The proposed supermarket would include a 10,000 square foot grocery at 4645 Freret Street, and an additional 5,000-square-foot warehouse and office building next door at 4617-4619 Freret St. The food-processing [&hellip
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BioScrip Opens New 15,000 Square Foot Infusion Center

February 12, 2019 • News • 5289

BioScrip Infusion Services Inc., formerly known as CarePoint Partners, has opened a new facility at 5401 Jefferson Highway. The new facility includes a sterile compounding pharmacy and innovative treatment center, including the recent introduction of Peripherally Inserted Central Catheter (PICC) line placement in the New Orleans market. As an infusion services provider, BioScrip administers life [&hellip
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LCMC Health Opens $30 Million Medical Facility in Metairie

February 7, 2019 • News • 10942

LCMC Health has opened the new Ridgelake Health Center in Metairie. The new 48,000-square-foot facility is a fully integrated health center, where experts from Children’s Hospital, Touro Infirmary and West Jefferson Medical Center will be able to see pediatric and adult patients. A new imaging center will also open over the summer. The four-story, $30 [&hellip
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New Real Estate Breakfast Series Kicks Off Today

February 5, 2019 • News • 12744

The New Orleans Business Alliance (NOLABA) and the Urban Land Institute (ULI) hosted their first Real Estate Breakfast Event this morning. The event featured Asali DeVan Ecclesiastes, director of the strategic neighborhood development at NOLABA and recent “12 Icons of New Orleans” honoree, who discussed the Cultural Innovation District in the Claiborne Corridor. The District’s [&hellip
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Denver-Based Stonebridge Acquires 280-Key Embassy Suites

February 4, 2019 • Hotel & Hospitality, News • 3931

Denver-based Stonebridge Companies has acquired the 280-room Embassy Suites by Hilton New Orleans Convention Center hotel in partnership with an affiliate of Chicago-private equity firm Walton Street Capital LLC. The acquisition is the Stonebridge Companies’ entrance into the New Orleans market. The purchase was recorded in November 2018, according to city records. The Embassy Suites [&hellip
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$11 Million Jewish History Museum And Luxury Apartments Coming to CBD

January 31, 2019 • Central Business District, Multi Family • 22757

The Feil Organization filed permits with the city for the renovation of 818 Howard Street, an old office building that 818 Howard, LLC purchased in 2016 for $3.55 million. The 4-story building at 818 Howard will become apartments and The Museum of the Southern Jewish Experience. The museum will occupy the first two floors of [&hellip
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SBP’s New $10 Million Affordable Housing Complex in Mid-City Breaks Ground

January 28, 2019 • Architecture & Design, Mid-City, Multi Family • 9237

SBP (formerly the St. Bernard Project) held a ground breaking two weeks ago on their new affordable housing development at Broad Street and Orleans Avenue. The new, nearly $10 million project, will include 50 apartments, a community room, and wellness center in a three story building. The building will also include 450 rooftop solar panels and [&hellip
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