Canal Street Beat | New Orleans Real Estate News

$70 Million, 16-Story Warehouse District Tower Moves Forward

April 20, 2017 • News • 10030

Real Estate developer and financier Spectrum Capital announced yesterday that they are moving forward with their luxury condo project 1100 Annunciation, and construction should start later this year. The project started showing signs of momentum last year. The 16-story tower at 1100 Annunciation St. will have 86 luxury units and cost approximately $70 million. All will have [&hellip
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NORF Breaks Ground On $4 Million Lafitte Greenway Warehouse Conversion

April 19, 2017 • Development, Mid-City • 5662

The New Orleans Redevelopment Fund (“NORF”) will break ground today on the construction of the former Times Picayune Warehouse located at 2720 St Louis Street. The $4 million project will renovate the 20,000 square foot warehouse in to a new office space on the Lafitte Greenway. The New Orleans Redevelopment Fund, Albert Architecture, and Hernandez Consulting & Construction are three companies [&hellip
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HomeSmart International Expands To NOLA; Opens Office on Lakefront

April 17, 2017 • Lakeview/Lakefront, News • 4873

HomeSmart Realty South, a franchisee of HomeSmart International, has expanded in to Louisiana and opened an office in Metairie. HomeSmart is a national real estate brokerage that originated in Scottsdale, Arizona, and not has more than 100 offices in 17 States and 11,000 agents nationwide. The local franchise is owned by Paul and Vickye Slater, and the [&hellip
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Corporate Realty Releases 2016 New Orleans Office Market Report

April 14, 2017 • Office • 4192

Commercial brokerage Corporate Realty, Inc. released its Fifth Annual Greater New Orleans Office Market Report. The report does a great job of providing office market specifics, is designed as a comprehensive overview on the New Orleans office real estate market, and includes in-depth data on office rents in all of the sub-markets, including the CBD, Metairie and [&hellip
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New Mixed-Use Development Proposed Uptown on Tchoup

April 12, 2017 • Development, Multi Family, Uptown • 6919

Austin-Texas based developers Lisa Marie Boe and Rene Juan Salmon filed plans to build a mixed-use development at 3987 Tchoupitoulas Street. The development would be 3 stories high. The first floor would feature retail for two tenants, with floors two and three housing a combined three residential units. The residential units would have access to balconies [&hellip
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150+ Bed ‘Hostelling International’ Planned For Canal Street

April 11, 2017 • Central Business District, Development, Hotel & Hospitality • 7140

A developer recently filed with the city to build a new hostel on Canal Street, at the edge of the French Quarter. The plans filed show the renovation of an existing three story building, including a bridge across an alley to the adjacent building, and construction of a new fourth floor rooftop addition at 1028-1030, and 1036 [&hellip
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Step Inside the New Colmex Construction Headquarters

April 11, 2017 • Architecture & Design, Commercial, Construction • 6062

Hispanic-owned general contractor Colmex Construction unveiled their new headquarters on Earhart Blvd. in March. Not only do they have a brand new headquarters located at 4334 Earhart Blvd., but the nine year old company also announced the space will be a business incubator for construction companies. The official ribbon cutting ceremony took place on March 30 [&hellip
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Check Out The City’s New $65 Million Linear Park on Convention Center Blvd.

April 7, 2017 • Central Business District, Parks & Public Spaces, Public Development • 10892

The City of New Orleans recently filed plans to turn a portion of Convention Center Blvd. from Poydras to Henderson in to a linear park. Plans include a moving walkway, bike lanes, and tree-lined plazas. The park also includes foundations, green walls, water walls, and shaded areas. The project is being designed by Manning Architects, Eskew+Dumez+Ripple, Spackman [&hellip
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HRI Properties Enters Philly Market with New Hotel Development

April 7, 2017 • Hotel & Hospitality, News • 4025

Last summer, New Orleans-based HRI Properties announced it was working on a historic hotel conversion in Philadelphia in partnership with Realen Properties. Now that project is set to open this summer. HRI and Realen are redeveloping the old Liberty Title Building, located one block from historic Philadelphia City Hall square and built in 1925 in to [&hellip
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It’s New Orleans Relaunches Unlisted Real Estate Podcast

April 5, 2017 • Commercial, Entrepreneurship, News, People, Residential • 4653

Podcast lovers will be happy about the newest addition to real estate scene. Unlisted is the newly relaunched podcast by It’s New Orleans that lets realtors find buyers for a property before it even goes on the market. The series originally aired a couple years ago and a brand new episode came out at the [&hellip
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