Canal Street Beat | New Orleans Real Estate News

DXC Technology Signs New Lease in Downtown New Orleans For Its Possible 2,000 Employees

December 21, 2017 • Central Business District, Office • 6508

Today, DXC Technology, the technology firm that will be hiring 2,000 employees in New Orleans, announced that they had signed thee lease for their Technology Center at the Freeport McMoRan Building, at 1615 Poydras Street across from the Mercedes-Benz Superdome. DXC will occupy two floors and will begin operating in the building in January. Ultimately, [&hellip
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The Final Design For The Canal Street Ferry Terminal Footbridge [We’ve Got Renderings!]

December 18, 2017 • Central Business District, Public Development • 12582

The City’s plans to demolish the existing Canal Street ferry terminal and replace it with a a new project is moving forward, with final designs released last week. On December 12, the New Orleans Regional Transit Authority (RTA) released the final, futuristic design for the new terminal. Representatives of Royal Engineering and Consultants, the project manager, presented [&hellip
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NOLA Media Group To Move Into New Warehouse District Headquarters

December 14, 2017 • Central Business District, Office, Warehouse District • 4541

NOLA Media Group | Times-Picayune has announced plans to move its New Orleans headquarters out of the Class A high rise at One Canal Place and into an historic warehouse district building at 864 S. Peters Street. According to Nola.com, more than 100 employees will be based out of the 117 year old building. The [&hellip
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Developers Plan Apartments for Portion of Abandoned Le Petit Motel

December 12, 2017 • Development, Mid-City, Multi Family • 6116

According to our friends at Mid City Messenger, the owners of the La Petit motel on Tulane Avenue have proposed converting an abandoned wing of the motel into five, one-bedroom apartment. The building, located at 2900 Tulane Avenue, needs a variance from the Board of Zoning Adjustments so that developers Bahram Khoobehi and Houssien Magarhish can convert [&hellip
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WWII Museum To Hold Groundbreaking For New $66 Million Higgins Hotel

December 6, 2017 • Development, Hotel & Hospitality, Warehouse District • 7442

The National WWII Museum will officially break ground on The Higgins Hotel & Conference Center on Friday, Dec. 8 at 10 a.m. at the corner of Andrew Higgins Drive and Magazine Street. The Museum has seen tremendous growth over the years, and it drives nearly 600,000 tourist visits annually. Given the increase in national visitation [&hellip
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Metairie Small Animal Hospital To Open New Location at Robert’s Marigny Development

December 4, 2017 • Development, Marigny, Retail • 4781

Leasing agents for the new development anchored by Robert’s Fresh Market at the corner of Elysian Fields and St. Claude avenues announced that the Metairie Small Animal Hospital is opening a new facility at the shopping center. The hospital will provide medical and surgical care, pet grooming and day care services for pets. Robert Fresh Market broke ground [&hellip
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Historic Wax Museum To Reopen as Luxury Condo Complex “Le Cire”

November 30, 2017 • Condos, Development, French Quarter • 7077

The former historic Wax Museum in the French Quarter is being converted into 16 luxury condos by developer Earl Weber & Associates, the team behind the Jax Brewery Condos and 604 Esplanade Avenue. Located at 917 Conti Street, the new La Cire Condominiums have maintained the original historic, underwent a complete renovation, and also added [&hellip
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$85 Million Canal Crossing Development ‘Takes Upscale Turn’

November 27, 2017 • Central Business District • 6760

A joint venture between Provident Realty Advisors of Dallas and The Kroenke Group of Columbia, Missouri is well underway on the $85 million high-end mixed-use development on Canal Street called “Canal Crossing.” Over the weekend, The Advocate reported that rents will run $3,000 for a one bedroom. Project plans include the construction of a 400,000 square foot, [&hellip
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New $1 Billion Airport ‘Tops Out’; Check Out Time-Lapse Video

November 21, 2017 • Construction, Public Development • 5756

Construction of the new, nearly $1 billion New Orleans airport is moving right along, with the project on schedule, a new $110 million terminal recently added to the plans, and new restaurant and food hall operators announced. And just last week, the city announced the “topping out” of the North Terminal, where workers finished placing steel at [&hellip
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St. Charles Avenue Hotel ‘Maison St. Charles’ Has New Operator

November 17, 2017 • Hotel & Hospitality, Lower Garden District • 6484

Red Lion Hotel Corp. is now the marketer and manager (and maybe owner?) of the 130 room Maison St. Charles hotel at 1319 St. Charles Ave. in the Lower Garden District. The property has been on the market for years, at least going back to 2012, and was formerly managed by New Orleans-based Expotel Hospitality. Red Lion [&hellip
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