Canal Street Beat | New Orleans Real Estate News

New York Firm Selected To Lead Charity Hospital Redevelopment

October 3, 2018 • Central Business District, Development, Public Development • 17090

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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Metairie’s Executive Office Tower Completes Renovations

October 2, 2018 • Jefferson Parish, Office • 5686

After being purchased earlier this year, the Executive Office Tower, a 184,608-square-foot, 14-story high-rise at 3500 North Causeway Blvd. has announced that renovations were recently completed. Dallas-based Provident Realty Advisors Inc. and Metairie-based Property One Inc. purchased the property together through Esplanade 2018 Partners LLC. Renovations included remodeled elevators and upgrades to the common areas. The office [&hellip
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DDD to Honor Six Downtown Businesses With 2018’s Downtown NOLA Awards

September 25, 2018 • News • 4369

The Downtown Development District (DDD) has announced the winners of its annual Downtown NOLA Awards, with a ceremony for the honorees on Friday, September 28 at The Jung Hotel & Residences at 1500 Canal Street. The awards are an annual program designed to recognize “exceptional accomplishments of Downtown NOLA property owners, businesses, residents, workers and organizations.” This year’s [&hellip
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New Orleans Historic Preservation Specialists Acquired By National Firm

September 24, 2018 • Architecture & Design, Entrepreneurship • 5293

Washington, D.C.-based MacRostie Historic Advisors (“MHA”), a national tax credit advisory firm, has acquired New Orleans-based historic preservation consulting firm Clio Associates. Financial terms of the deal were not disclosed. Both MHA and Clio provided historic preservation consulting services to owners, developers, lenders and investors renovating historic structures. With the acquisition, Clio founders Beth Jacob [&hellip
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Check Out The Complete Charity Hospital Redevelopment Proposals

September 21, 2018 • Central Business District, Hotel & Hospitality • 11583

After years of abandonment since Hurricane Katrina and several attempts to redevelop Charity Hospital, LSU and the LSU Foundation decided to move forward again to redevelop the Charity Hospital building in downtown New Orleans. This week, the LSU Foundation released full details of the two finalists HRI Properties and 1452 Tulane Partners. Both plans call for a mix [&hellip
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210 Apartment Mixed-Used Project in Lower Garden Moves Forward

September 17, 2018 • Development • 6049

The proposed 210-unit apartment development slated for the former Schwegmann’s at 1301 Annunciation has made progress all summer, with site clearing and demolition work now complete. The next phase of the project will begin later this year. Ohio-based Edwards Communities has proposed a mixed-use apartment building with retail at the site of the former Schwegmann’s. Plans [&hellip
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Freret Street Grocery & Condo Project Gets Thumbs-Up Vote From Planners

September 12, 2018 • Condos, Development, Zoning and Land Use • 4577

The proposed grocery store and condominium project at the site of former Freret Street music venue Publiq House obtained City Planning Commission approval yesterday (Tuesday, September 11). The project now heads to the City Council for a final vote. Developers Green Coast Enterprises and Neighborhood Housing Services are seeking to convert the former Publiq House space [&hellip
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New Three Story Building Planned For Magazine Street

September 11, 2018 • Development • 4073

A new three-story commercial is planned to replace a parking lot at 4210 Magazine Street, according to our friends at Uptown Messenger. Architect Jared Bowers of Albert Architects told neighbors last week that the first floor would be built as a “white box” for a new commercial tenant, the second floor will have two apartments, [&hellip
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Zippy Shell Purchases 71,000 Square Foot Big Easy Sportsplex Building

September 5, 2018 • Acquisitions, Commercial, News • 6157

Zippy Shell, a Washington D.C.-based on-demand moving and storage solution, has announced it will be entering the New Orleans market. The company, led locally by entrepreneur and Louisiana franchisee Nathan Chandler, has purchased a 71,000 square foot property in Elmwood. Currently housing Big Easy Sportsplex, the building is located at 800 Webb Street and will [&hellip
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$17.5 Million Renovation Slated For Historic Temple On St. Charles Avenue

September 4, 2018 • Development, News, Renovation • 6706

The historic Jerusalem Temple, led by Pastor Randy Craighead, announced last week that the building would undergo a $17.5 million restoration and open as a new worship center for the Church of King in 2019. Last week, former NBA Hornets owner George Shinn announced a $7.5 million gift toward the restoration. The building at 1137 [&hellip
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