Canal Street Beat | New Orleans Real Estate News

$10 Million Sun Yard Hotel in Bywater Hits Snag

February 8, 2018 • Bywater, Development, Hotel & Hospitality, Zoning and Land Use • 7379

The $10 million Sun Yard Hotel in the Bywater at the former Truck Farm site went before the City Planning Commission this week, but a decision on the matter was deferred for at least another month. Husband and wife team Giuliano Pignataro and Liz Solms want to redevelop the site from mixed-use to a hotel, but have [&hellip
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Look Inside Newly Renovated Mixed-Use Development The Barwil’s Penthouse Condo

February 7, 2018 • Central Business District, Commercial, Condos, Development • 9212

The Barwil mixed-use development sits inside a former candy and elixirs warehouse called the Barwil Building at 307 Tchoupitoulas Street. The lower level will soon be filled with commercial tenants, with residential units on the upper floors. The developer of the project is Trinion Properties, a firm that focuses on residential properties in the New [&hellip
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$20 Million, 76 Unit Mixed-Income Apartments To Replace Former Winn-Dixie

February 6, 2018 • Public Development, Treme, Zoning and Land Use • 9162

The former Winn-Dixie in Treme just outside the French Quarter were to be demolished today. The building has been vacant since Hurricane Katrina and is scheduled to become public-housing. Developer McCormack Baron Salazar and the Housing Authority of New Orleans was set to demolish the building at St. Louis and North Villere streets at 2:30 p.m. [&hellip
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Chicago-Based Design Firm Chosen For 480 Acre Churchill Tech Park Master Plan

February 5, 2018 • News • 3869

The Jefferson Parish Economic Development Commission (“JEDCO”) has selected Chicago-based architecture and design firm Perkins+Will to develop a new master plan the Churchill Technology & Business Park in Avondale. In October 2017, JEDCO released an RFP to develop the 480 acre park. The planning will take 10 months. The deal pays Perkins+Will up to $288,000 and requires that [&hellip
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$40 Million Parkway Apartments Breaks Ground

January 30, 2018 • Central City, Development • 7534

The $40 million proposed apartment complex at the corner of Washington Avenue and Jefferson Davis Parkway near Xavier University has broken ground, and is expected to open in 2019. The 207 unit project located at 4650 Washington Ave. include 207 one- and two-bedroom apartments and 13,700 square feet of street-level retail space. The development also includes 313 [&hellip
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Stirling Properties’ Chris Abadie Named 2018 Retail Brokers Network President

January 24, 2018 • Awards & Recognition, News • 3610

The Retail Brokers Network (RBN), one of the nation’s largest retail real estate networking groups, has selected Stirling Properties’ Vice President & Manager of Commercial Brokerage Chris Abadie, as its 2018 President. As President, Abadie will be responsible for helping grow the RBN brand, representing RBN at industry related events, recruiting new RBN brokerage offices, and facilitating education, [&hellip
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Carondelet Street Properties Sold to Investment Fund

January 23, 2018 • Central Business District, Commercial • 4643

The downtown buildings located at 131-133 Carondelet Street has been sold to an investment fund sponsored by the New Orleans Redevelopment Fund. Although the terms of the transaction were not disclosed, the property was officially sold on December 29 and the fund was represented by Steeg Law Firm and Coldwell Banker Commercial TEC. “This investment [&hellip
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New 17-Unit Multi-Family Development Planned For French Quarter

January 22, 2018 • Development, French Quarter, Multi Family • 7888

Developer Brian Gibbs filed plans last week for a new French Quarter multi-family project. The development would consist of the renovation of 2 vacant 6-story structures into a 17 unit apartment building with ground floor parking and a lobby. The project would see 535 Iberville and 537 Iberville combined into one property of record. According [&hellip
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Multi-Million Dollar Culinary Institute Breaks Ground In Downtown New Orleans

January 16, 2018 • News • 4656

After years of false starts, the New Orleans Culinary and Hospitality Institute (NOCHI) is finally breaking ground on a $32 million redevelopment of former Louisiana ArtWorks building. NOCHI will feature five teaching kitchens, a drink lab for wine and spirits programs, a retail café, separate classroom and office spaces for NOCHI and Tulane University, and an event center on [&hellip
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Large Self-Storage Facility on Tchoupitoulas Wins CPC Approval

January 12, 2018 • Commercial, Development, Uptown, Zoning and Land Use • 5753

A large self-storage facility proposed by developer Gordon Kolb for 13 lots at 4866 Tchoupitoulas won approval from the City Planning Commission this week. Kolb, who has developed dozens of Walgreens over his career, plans to build a three-story facility on 52 square feet of land. The property portfolio, currently listed for sale at $5,500,000, includes 9 [&hellip
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