Canal Street Beat | New Orleans Real Estate News

Groundbreaking Begins at Former Naval Support Activity Site in Bywater

January 27, 2026 • News • 979

Construction has kicked off on the long-vacant Naval Support Activity East Bank site in the Bywater. The project is anticipated to be the largest affordable-housing investment in Louisiana’s history, with $197 million allocated for housing. It also features a Newlab-anchored industrial and energy innovation space. The development’s initial phase includes 294 affordable housing units, with [&hellip
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River District’s Shell Plaza Breaks Ground — First Class A Office Built in New Orleans Since 1989

January 23, 2026 • News • 2123

Construction has commenced on the new Shell Plaza, an 8-story Class A office building located in the River District of New Orleans. The development marks the first major downtown office construction since 1989, providing a new Gulf of Mexico headquarters for Shell. This significant milestone was reported on January 19, 2026. The ground-breaking of Shell [&hellip
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Lender Moves to Foreclose Metairie Towers Redevelopment; Old Metairie Condo Conversion Faces Public Auction

January 22, 2026 • News • 1645

A foreclosure and impending public auction threaten the Metairie Towers redevelopment at 401 Metairie Road. This decision comes after the project’s lender filed a foreclosure suit against the owner, marking a significant reversal for a high-profile condo conversion in Old Metairie. New Orleans CityBusiness reported that the lender, Bay Point Capital Partners, initiated foreclosure proceedings, [&hellip
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Le Méridien New Orleans Completes Multi-Million Dollar Renovation

June 12, 2023 • News • 11205

Le Méridien New Orleans is completing a multimillion-dollar renovation which includes updates to the guestrooms, meeting spaces, rooftop pool deck, fitness center, outdoor patio, restaurant/bar, and an addition of a grab-and-go sundries market. “We are thrilled to unveil the new and improved Le Méridien New Orleans,” said Cullen Stackpole, General Manager. “The renovation project has [&hellip
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Ochsner Opens New $115 Million Clinic

February 1, 2023 • News • 11298

Note – this article was written by ChatGPT! Ochsner Health System has recently opened a new state-of-the-art medical facility in New Orleans, named the Clearview Super Clinic. This cutting-edge facility is designed to provide comprehensive healthcare services to the local community in a convenient and accessible manner. The Clearview Super Clinic features advanced medical equipment [&hellip
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Justin Landry Joins Stirling Ownership

January 5, 2023 • News • 12065

Photo via Stirling Properties
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Will a New Football Stadium Be Built at UNO?

October 17, 2022 • News • 12750

The University of New Orleans unveiled plans to start a new football program and build a new stadium on its campus. Last month, the university unveiled architectural renderings of a 20,000-seat, open-air stadium from Garcia Architecture. UNO officials identified a 100-acre tract of open land between Maestri Field and Lakeshore Drive as a potential stadium [&hellip
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Ochsner to Build State-of-the-Art Neuroscience Center at Metairie’s HQ Campus

September 29, 2022 • News • 11718

Ochsner announced that it will build a state-of-the art, freestanding neuroscience center on Jefferson Highway near Ochsner Medical Center – New Orleans. Once complete, the 132,000 square-foot Robert J. and Debra H. Patrick Neuroscience Center will be a single and comprehensive destination of neurological care for patients that will include an Innovation Center, integrative and aquatic therapies, [&hellip
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RockStep Capital Acquires The Outlet Collection at Riverwalk From The Howard Hughes Corp.

June 28, 2022 • News • 37899

Commercial real estate development and management firm the Howard Hughes Corp. sold the 264,000-square-foot The Outlet Collection at Riverwalk New Orleans to Houston-based RockStep Capital for $34 million as of mid-June. Howard Hughes Corp. put $70 million into the redevelopment of the mall in 2014. By the end of the year, it was 99% leased and [&hellip
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Luxury Apartments Canal 1535 Sells to California Firm

May 9, 2022 • News • 11649

The 330-unit Canal 1535, developed by Dallas-based Provident Realty Advisors and The Kroenke Group of Columbus, Missouri, sold recently to Passco Companies, a privately held commercial real estate firm headquartered in Irvine, California. The property, formerly known as Canal Crossing, broke ground in 2017 and opened in 2020 following an $80MM+ development. A sale price [&hellip
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