Canal Street Beat | New Orleans Real Estate News

Best Western Westbank Hotel Trades for $8.3M

October 5, 2019 • News • 3547

The Best Western Plus Westbank in Harvey has been sold for $8.3 million. Tennessee-based Series H of Prime Developments LLC purchased the 138 key hotel at 1700 Lapalco Blvd. according to reports. The seller was Dawn Boteler, who has owned the hotel since it first opened in 1984. David Altman with Marcus & Millichap’s national [&hellip
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New Boutique Hotel Headed For Canal Street

September 30, 2019 • News • 6961

The upper floors of 622 Canal Street, which has long been the home of Rubensteins clothings store, is slated to be converted into a new boutique hotel. Rubensteins will still have its store on the ground floor, but the vacant upper floors are being converted by a partnership between the Rubenstein family and developer Joe [&hellip
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True Food Kitchen Sets Opening Date of September 25 in New Orleans

September 20, 2019 • Central Business District, Commercial, Development, Food & Beverage, News • 18191

True Food Kitchen is the anchor tenant at the new downtown, mixed-use development called The Julia. The restaurant is located at the corner of St Charles Avenue and Julia Street. The Julia features 198 apartments, 150 parking spaces, 16,000 square feet of retail, and 11,000 square feet of landscaped courtyards. The first Louisiana location of [&hellip
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New Crowdfunded Distillery ‘Happy Raptor’ To Open in Central City

September 18, 2019 • News • 4646

Happy Raptor Distilling, a new micro distillery, plans to open its doors at 1512 Robert C. Blakes Sr. Drive, according to our friends at Uptown Messenger. The 2,000 square foot space will feature a custom-built copper still and a mural by local artist Hill Landry. Their first products will include 504Rum, 504Hibiscus and 504BananasFoster. Founders [&hellip
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Investar Bank To Open First Branch in Orleans Parish

September 11, 2019 • News • 3214

Baton Rouge-based Investor Bank has announced that it will opening a branch at 4401 St. Charles Avenue, at the corner of St. Charles and Napoleon. The current 1,239-square-foot drive-through building will be expanded to 1,972 square feet. The addition will make the building into a full service branch with offices and safe deposit boxes. Capital [&hellip
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Union Passenger Terminal to Get Multi Million Dollar Upgrades

September 5, 2019 • News • 2990

The City of New Orleans has received over $6.6 million to make improvements to the 65 year old Union Passenger Terminal. Funding for the project includes a $3.7 million federal grant from the U.S. Department of Transportation’s Federal Railroad Administration, $2 million in matching funds from the city, and $943,000 in funding from Amtrak. The [&hellip
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Proposed $6+ Million Bywater Hotel Gets Planning Nod

September 4, 2019 • News • 7198

Last week, the City Planning Commission voted 6-0 to approve a proposal for a new construction hotel project at 3220 Chartres St. in Bywater. The five story hotel would feature 18 suites in an apartment style format, including kitchens and living rooms, a public rooftop with pool a pool and bar, and three commercial spaces [&hellip
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Tulane Unveils New $55 Million Dining Hall

August 28, 2019 • News • 4502

Tulane University has completed and opened its new, $55 million dining hall, The Commons. The Commons is a brand new 3-story, 77,000 square foot building which, in addition to the new dining hall, also includes a multipurpose meeting space, over 1,000 seats for eating and studying, a demonstration kitchen, and a permanent home for the [&hellip
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Canseco’s Plans New Grocery Store at Carrollton and Oak

August 22, 2019 • News • 5515

Conseco’s Markets plans to open its fifth grocery location at 1133 S. Carrollton Ave. in a former K&B drugstore building. In a letter sent to nearby neighbors, owner Sinesio Canseco said that the new location will be a full service grocery store with prepared foods for pick up. Canseco needs a conditional for to sell [&hellip
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New Mid-City Office Building Planned For Canal Blvd.

August 20, 2019 • News • 4857

Last week, the City Planning Commission approved a proposed 22,000 square foot, three story office building at 5243 Canal Blvd. The building is being built by and will be used to house the Womac Law Firm. The building will have parking for 44 cars no the first floor, with office space on the top two [&hellip
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