Canal Street Beat | New Orleans Real Estate News

Corporate Realty Takes Over Management of Exchange Center and Rault Building Office Towers

June 27, 2018 • Office • 6321

Corporate Realty announced this week that it was selected to provide property management services for the Exchange Centre at 935 Gravier in New Orleans, along with the 2400 Veterans Blvd. Building in Kenner. The properties, with a combined square footage of 488,000 square feet are owed by local investor, Kingfish Development. “We appreciate Kingfish’s confidence in our [&hellip
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National Architecture Firm’s Local Geospatial Hub To Handle $100 Million Contract

June 25, 2018 • Architecture & Design, Awards & Recognition, Jefferson Parish • 4222

Atlanta-based Pond Architects Engineers Planners won a five year, $100 million contract from the U.S. Army Engineering and Support Center. The firm’s 30 person Metairie office will fulfill and administer the job. The services are for the Army’s joint venture with Ohio-based geospatial engineering firm Woolpert, and include real estate planning and programming for Army bases [&hellip
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Plans to Convert Elmwood Into a Town Center Include New 250 Apartment Mixed-Use Project

June 21, 2018 • Development, Jefferson Parish, Multi Family, Retail • 15013

Lauricella Land Co., the owner of Elmwood Center and developer of much of Elmwood, has announced future plans to convert the strip mall into a town center in the coming years, according to Nola.com. In particular, Lauricella has released renderings for a new, five story building consisting of 85,000 square feet of retail on the first [&hellip
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Stirling Properties To Redevelop Old Metairie Village

June 19, 2018 • Construction, Jefferson Parish, Retail • 5831

Stirling Properties has announced that it will lead the renovation and redevelopment of the Old Metairie Village shopping center, an 84,400-square-foot, 3-story mixed-use development located at the corner of Metairie Road and Focis Street in Metairie, Louisiana. Plans for the $2.5 million project consists of an overall upgrade to the entire façade, including the addition [&hellip
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Westbank Apartment Complexes Trade For $56 Million

June 15, 2018 • Acquisitions, Multi Family, West Bank • 4391

Two Gretna apartment buildings have been purchased by an Alabama company for $56 million, according to The Advocate. The Cedarwood Apartments at 2350 Park Place and Baywood East and West Apartments at 500 Wall Blvd. were sold by California-based Delta Alliance Capital Management to Mobile-based Multifamily Management Inc. Both complexes are at 93% occupancy, with [&hellip
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Storyville Themed Restaurant Now Open Inside B on Canal Hotel

June 11, 2018 • Commercial, Food & Beverage, Historic, Hotel & Hospitality, Renovation • 6271

“I’m not trying to reinvent the wheel,” said executive chef Andrew Mills when introducing his concept and menu at the newly opened Madam’s Modern Kitchen + Bar located at 1300 Canal Street. The restaurant, menu, and decor are a nod to the history of the building and neighborhood as the former Storyville, the red light [&hellip
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GraceHebert Architects Acquires New Orleans-Based HMS Architects

June 8, 2018 • Architecture & Design • 4908

Baton Rouge-based architecture and design firm GraceHebert Architects has acquired New Orleans-based HMS Architects, the parties announced last month. Terms of the acquisition were not disclosed. The acquisition will increase the firm’s size to 40 employees, with plans to continue staffing up in both Baton Rouge and New Orleans. GraceHebert Architects was founded in 1967, and [&hellip
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Convention Center Approves $557 Million Upgrades, New Linear Park [We’ve Got Renderings]

June 7, 2018 • Development, Hotel & Hospitality, Public Development • 25342

The Ernest N. Morial Convention Center has announced that they will break ground on a $557 million construction project to upgrade the facility and surrounding area, in addition to a new 1,200 convention center hotel. The plan calls for a $79 million linear pedestrian park that will span from Poydras to Henderson Street along Convention Center [&hellip
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2018’s Nine Most Endangered New Orleans Landmarks

June 4, 2018 • Historic • 8736

Each year, the Louisiana Landmark Society releases its annual list of New Orleans’ most endangered historic sites. You can see prior years for 2017 (here) and 2015 (here). Last week, the Louisiana Landmarks Society released its 2018 list, which you can see below. All photos courtesy of the Louisiana Landmark Society. 2018 New Orleans’ Nine List [&hellip
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Three Finalists Picked For Billion Dollar Charity Redevelopment

June 1, 2018 • Development, Public Development, Public Finance • 14495

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 three finalists were announced: HRI Properties, Matthews Southwest and a joint venture between El Ad US Holdings and CCNO [&hellip
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