Canal Street Beat | New Orleans Real Estate News

New Grocery Headed to Holy Cross?

November 7, 2018 • Development, News, Retail • 12075

Plans were filed last week with the city to convert a vacant, blighted property on St. Claude Avenue into a supermarket and commercial retail building. The filing indicates that the existing building is approximately 10,080 square feet, but that this permit is for the grocery with a pharmacy that will consist of 4,960 square feet. The [&hellip
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St. Charles Avenue Luxury Condo Development Gets Revived

November 1, 2018 • Condos, Development • 12868

In 2016, developers Phyllis and Joe Landrieu and DJ Landrieu & Company LLC planned to develop the property at 2400 St. Charles into luxury condos. It looks like those plans fell through, but a new owner has revived the plans. New owner Michael Carbine has filed plans to build a new, four story condominium building with a [&hellip
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New Orleans-Based Loft18 Expanding to Houston With Second Location

October 30, 2018 • Retail, Sports & Specialty • 6222

Loft18, the New Orleans-based indoor golf and entertainment concept, has announced that it is expanding to Houston with what will be its second location. The new site will be part of The Shops at Sawyer Yards in Houston, TX, a 40,000 square foot mixed-use complex in the Washington Avenue Arts District. The Shops at Sawyer Yards features creative office [&hellip
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Rouses Market To Open New Supermarket on Freret Street

October 25, 2018 • Development, Economic Development, Food & Beverage, News, Uptown • 12678

Rouses Market has announced plans to open a full-service grocery store on Freret Street, at the site of the former Bloomin’ Deals Thrift Shop. The proposed supermarket would include a 10,000 square foot grocery at 4645 Freret Street, and an additional 4,500-square-foot warehouse and office building next door at 4617-4619 Freret St. Plans call for demolishing those [&hellip
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1 Million Square Feet Of New Self-Storage Space Being Built in New Orleans

October 23, 2018 • Development • 3750

There has been almost no growth in self-storage facilities in the metro area over the past decade, and its all starting to catch up. Our friends at The Advocate are reporting that developers are building over 1 million square feet of new self-storage space. At least 16 new projects have been identified as under construction. [&hellip
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Slidell Apartment Complex Trades For $28 Million

October 19, 2018 • Acquisitions, Multi Family, Northshore • 3970

The Pelican Pointe Apartments in Slidell, Louisiana, have been purchased for $28.6 million. The purchaser is Tampa-based Carter Multifamily, a group of companies focused on multifamily real estate opportunities Built in 2000, the Pelican Pointe has 266 units consisting of of twenty-two, three-story residential buildings, a two-story clubhouse/office building, and a maintenance building. Carter plans an [&hellip
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The Rose Collaborative is a New Hub For NOLA Arts and Entrepreneurship

October 16, 2018 • 7th Ward, Community Development, Economic Development, Entrepreneurship, Renovation • 5681

The Seventh Ward of New Orleans is home to a new hub for New Orleans art, culture, entrepreneurship, and innovation. The idea for redevelopment of the vacant properties on Bayou Road and Columbus Street came when community leaders identified the need for a campus focused on cultural arts education in the city. In 2011, the [&hellip
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Lauricella Secures Initial Approval For Major Mixed-Use Elmwood Redevelopment

October 12, 2018 • Development, Jefferson Parish • 6288

Lauricella Land Co., the owner of Elmwood Center and developer of much of Elmwood, secured a key Jefferson Parish council vote this week in its bid to redevelop the Elmwood Shopping Center into a new mixed-use community. Lauricella has proposed building up to 500 new apartments with new retail and dining options. Lauricella had asked the council [&hellip
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New Virgin Hotel Files Construction Plans To Start Work

October 9, 2018 • Central Business District, Development, Hotel & Hospitality • 7601

We’ve been waiting years for the proposed Virgin Hotel at 550 Baronne Street to move forward after getting City Council approval in 2015 and announcing a ground-breaking in 2017. Mathes Brierre, the project architects, filed the construction permit set of plans last month. The project calls for a 14 story, new construction Virgin Hotel with [&hellip
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New York Firm Selected To Lead Charity Hospital Redevelopment

October 3, 2018 • Central Business District, Development, Public Development • 17086

The LSU Foundation has selected 1532 Tulane Partners, a joint venture between New York-based El Ad U.S. Holdings and New Orleans-based CCNO Development Inc., to lead the redevelopment of Charity Hospital. The total project cost is expected to be $564 million. Their plan calls for a mix of market rate apartment, affordable apartments, retail, and office [&hellip
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