Canal Street Beat | New Orleans Real Estate News

DiamondRock Buys French Quarter Hotel

August 18, 2021 • News • 5707

Baltimore-based DiamondRock Hospitality Company has acquired the Bourbon Orleans Hotel, a lifestyle boutique hotel in the French Quarter from local developer MCC Real Estate Group, led by prominent businessman Joe Jaeger. Terms of the sale were not disclosed, but according to the company, the total investment in the 220-room Bourbon Orleans Hotel represents a 7% [&hellip
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Ollie’s Signs 29,000 SF Lease In Kenner

July 26, 2021 • News • 7669

Discount retailer Ollie’s Bargain Outlet plans to open a second location in the New Orleans metro area. The retailer has signed a 29,000 square foot lease at 393 W. Esplanade Avenue in Kenner. The site was the former Stein Mart location. This will be Ollie’s second store in the area, with its first store at [&hellip
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$325 Million Casino and Resort Proposed for Slidell Waterfront

June 28, 2021 • News • 6732

Developers planning a casino resort in the Slidell area are expanding the project by $75 million before it heads to St. Tammany Parish voters for consideration. Peninsula Pacific Entertainment (P2E) proposed building a casino resort southeast of Slidell near the Interstate 10 twin span bridge and along Lake Pontchartrain. The entire project would include a [&hellip
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New Hotel Indigo Coming to New Orleans CBD

June 21, 2021 • News • 9001

IHG Hotels & Resorts, one of the world’s largest hotel companies, announced last week that construction is underway on the new Hotel Indigo New Orleans – French Quarter. Hotel Indigo New Orleans – French Quarter will be one of the newest Hotel Indigo properties and the second in New Orleans. Hotel Indigo New Orleans – [&hellip
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New $50M Cancer Center Opens In Covington

June 16, 2021 • News • 4405

Ochsner Health and St. Tammany Health System opened their new $50 million, 75,000-square foot Cancer Center this week in Covington. The facility is part of the Ochsner Health Center campus near St. Tammany Parish Hospital. It features 47 private and semi-private infusion bays overlooking the Flowers Bayou forest. It also has digital health machine programs [&hellip
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Second Line Studios To Expand With New Facility

June 4, 2021 • News • 5650

Second Line Studios, the Lower Garden District movie facility, has plans to expand to an adjacent parcel. According to a letter sent to neighbors, Second Line is seeking to build a new two-story building on a vacant lot at 836 Market Street, across from its existing four story facility. The new building will have 36,000 [&hellip
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Pan-American Signs 10-Year Lease Extension at Pan-American Life Center

May 10, 2021 • News • 4761

Pan-American Life Insurance Group and real estate firm Stirling Properties have announced that Pan-American has signed a long-term lease extension thru 2031 of its office space at Pan-American Life Center in New Orleans, Louisiana. The company will also retain naming rights of the newly renovated building. Pan-American Life Insurance Group, one of New Orleans’ largest [&hellip
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New Children’s Hospital Emergency Medical Facility Planned For Metairie

April 16, 2021 • News • 5423

This week, Children’s Hospital announced plans to open a new pediatric emergency room in Metairie this September. The new 11,000-square-foot facility will feature 11 rooms and will serve children from birth into early adulthood with all emergency services and image testing. The $4.4 million project is located at the corner of Clearview Parkway and Veterans [&hellip
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Lauricella-Led River District Selected For Massive River Front Development

March 29, 2021 • News • 8013

Last Wednesday, the Ernest N. Morial Convention Center board voted to select the River District group as the “master developer” that will design and build an entire new neighborhood on 39 acres upriver from the Crescent City Connection. The winning consortium, led by Elmwood-based Lauricella Land Co. as a co-managing member, bested Muse Landing, a [&hellip
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New 50-Acre ‘Louisiana Space Campus’ Planned For New Orleans

March 12, 2021 • News • 6611

Louisiana Gov. John Bel Edwards announced this week that the State of Louisiana has signed an agreement with NASA’s Michoud Assembly Facility to create the Louisiana Space Campus, a dedicated 50-acre business park within NASA’s 829-acre site in New Orleans. The space campus would target commercial office development, with contemporary amenities, for existing Michoud tenants and new prospects [&hellip
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