Canal Street Beat | New Orleans Real Estate News

LSU is Building A New $100 Million Mid-City Apartment Complex

March 26, 2019 • Mid-City, Multi Family • 8028

The LSU Board of Supervisors last week voted to move ahead with a new $100 million apartment complex in Mid-City for its medical students. The new development is planned for the corner of Poydras and S. Galvez Streets. LSU has approximately 3,800 students enrolled in its six local medical and health sciences schools and apparently [&hellip
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New Orleans-Based Coworking Space ‘The Shop’ Expands to Salt Lake City

March 21, 2019 • News • 3609

In 2017, co-working space The Shop at the CAC became an anchor in the city’s Innovation Corridor in the upper floors of the Contemporary Arts Center. The Domain Companies, which developed The Shop, is known for unique, mixed-use properties in urban locations, and The Shop was their first venture into office space. The company is currently developing [&hellip
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Maritime Building Trades; To Become Timeshares

March 15, 2019 • News • 4303

Earlier this month, developers associated with Orange Lake Resorts, part of the Holiday Inn family, purchased the 11-story historic Maritime Building in the Central Business District. While the purchase price has not been recorded, several sources tell CSB that the sale price represents one of the highest price per key sales to date in the [&hellip
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Downtown Sees $566,000,000 of Investment In 2018

March 12, 2019 • News • 6672

According to our friends at the Downtown Development District, permits for $566,877,871 worth of construction were issued by the City of New Orleans for Downtown construction projects in 2018. This represents 316 individual projects, with Canal Street projects representing $300,284,483 of the total. This is a 35% increase over 2017’s 308 permits that were valued at $419,593,490. [&hellip
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City Greens Opening New Location On Freret Street

March 8, 2019 • News • 5414

Healthy salad restaurant City Greens will be opening a new location at 5001 Freret Street. The popular spot will open in the former Halal Guys location, which closed in September 2018. City Greens, founded by entrepreneurs Abhi Bhansali and Ben Kazenmaier, opened its first location downtown at 909 Poydras Street in 2012 and has since [&hellip
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Charity Redevelopment Comes Into Focus

February 26, 2019 • News • 5567

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 • 2898

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 • 5065

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 • 4521

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 • 6025

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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