Canal Street Beat | New Orleans Real Estate News

Corporate Realty’s Greater New Orleans Office Market Report Is Out

April 18, 2019 • News • 15501

New Orleans-based brokerage firm Corporate Realty, Inc. released it seventh annual Greater New Orleans Office Market Report last week. The report is the comprehensive study of the Greater New Orleans office market, including occupancy and rental rates of specific buildings of over 20,000 square feet, submarkets, and detailed analysis. The report notes that suburban office markets [&hellip
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The PRC & HDLC Partner On Courses to Help Navigate the HDLC Process

April 12, 2019 • News • 3132

The Preservation Resource Center and the Historic District Landmarks Commission have teamed up to offer free courses designed to help property owners understand the HDLC application process and provide the knowledge and tools needed to smoothly navigate it. The New Orleans and Central Business District Historic District Landmarks Commissions regulate 17 local historic districts and [&hellip
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New 5-Story Crime Lab Coming to Tulane-Gravier

April 9, 2019 • News • 4427

The New Orleans Police Department is planning a new crime lab, formally titled the Criminal Evidence & Processing Complex, at 2761 Gravier St. The NOPD’s former crime lab flooded in Katrina. The five-story building will be in the city’s criminal justice complex, adjacent to the Criminal District Court and across from the NOPD headquarters building. [&hellip
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Benson & Berger Purchase Hyatt Regency Hotel

April 5, 2019 • News • 5677

New Orleans Saints and Pelicans owner Gayle Benson and developer Daryl Berger have joined forced to purchase the Hyatt Regency, the enormous 1,193 key hotel on Loyola Avenue. Fulcrum Hospitality, a New Jersey-based real estate management firm and an unnamed Nashville-based equity firm are also involved in the transaction. This will be Benson’s first hotel [&hellip
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New All-Inclusive Holistic Wellness Center Coming To LGD!

April 5, 2019 • News • 6216

An all new and unique wellness center unlike anything New Orleans currently has is slated for the Lower Garden District. The old Norwegian Scandinavian Jazz Church at 1772 Prytania Street will be transformed into the Santosa Center for Healthy Living by three sisters, Diana Fisher, Deborah Peters and Kendall Winingder. Santosa will feature yoga classes, [&hellip
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The Historic New Orleans Collection Unveils New $38 Million Renovation

April 4, 2019 • News • 3326

The Historic New Orleans Collection is a museum, research center and publisher dedicated to the study and preservation of the history and culture of New Orleans and the Gulf South region. Located in the French Quarter, the Collection recently underwent a $38 million expansion to its museum facilities that will debut on April 6. “The new exhibition [&hellip
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Renowned New York Architect Morris Adjmi Opens New Orleans office

April 2, 2019 • News • 3992

Morris Adjmi, founder of the New York-based Morris Adjmi Architects (MA), has opened a second office in New Orleans. The new office is located at 1029 Jackson Avenue and currently employs a staff of six. Adjmi is originally from New Orleans, went to Tulane University, and is the architect behind the $80 million luxury condo [&hellip
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LSU is Building A New $100 Million Mid-City Apartment Complex

March 26, 2019 • Mid-City, Multi Family • 8230

The LSU Board of Supervisors last week voted to move ahead with a new $100 million apartment complex in Mid-City for its medical students. The new development is planned for the corner of Poydras and S. Galvez Streets. LSU has approximately 3,800 students enrolled in its six local medical and health sciences schools and apparently [&hellip
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New Orleans-Based Coworking Space ‘The Shop’ Expands to Salt Lake City

March 21, 2019 • News • 3825

In 2017, co-working space The Shop at the CAC became an anchor in the city’s Innovation Corridor in the upper floors of the Contemporary Arts Center. The Domain Companies, which developed The Shop, is known for unique, mixed-use properties in urban locations, and The Shop was their first venture into office space. The company is currently developing [&hellip
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Maritime Building Trades; To Become Timeshares

March 15, 2019 • News • 4482

Earlier this month, developers associated with Orange Lake Resorts, part of the Holiday Inn family, purchased the 11-story historic Maritime Building in the Central Business District. While the purchase price has not been recorded, several sources tell CSB that the sale price represents one of the highest price per key sales to date in the [&hellip
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