Canal Street Beat | New Orleans Real Estate News

Local Real Estate Tech Company 365 Connect Acquires uCribs

October 5, 2017 • News • 3939

New Orleans-based 365 Connect frequently makes headlines for the awards it wins related to the marketing, leasing, and resident technology platforms for the multifamily housing industry. Last week the company made a big announcement about its latest acquisition of uCribs, an apartment search engine for people nearby college campuses. 365 Connect shared that the acquisition will help [&hellip
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City Council Fights Over Historic Preservation and Short-Term Rentals

October 3, 2017 • Residential, Zoning and Land Use • 4325

New City Council arguments over a demolition request last week led to further clashes and division within the council over historic preservation and short-term rentals, according to our friends at the Preservation Resource Center. The debate started when the owner of two historic shotguns on Marais Street in St. Roch, Stephen Agans, sought to demolish the structures [&hellip
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What A $140 Million Hotel Renovation Looks Like: The Jung

September 28, 2017 • Central Business District, Development, Hotel & Hospitality • 12752

The historic Jung Hotel is almost back in action after years of vacancy and neglect. The original hotel opened in 1907 and was designed by renowned architect firm Weiss and Dreyfus. The hotel’s heyday lasted into the late 1960’s, and for many years was one of “the” hotels in the city. At one time, it [&hellip
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New Orleans Ranks 21st In Green Residential Construction

September 27, 2017 • News, Residential • 3844

Our friends at Curbed spotted a new analysis of green LEED construction nationally by ABODO, which ranks New Orleans 21st with 502 LEED-certified projects completed or underway. The ABODO report ranks Texas (with 6,945 LEED-certified residential projects), California (5,255 projects), and New York (2,215) as the top three states. LEED stands for Leadership in Energy and Environmental [&hellip
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New Airport Construction Update: Construction On Schedule [We’ve Got Photos]

September 25, 2017 • Construction, Jefferson Parish, Kenner • 8020

Construction on the new Louis Armstrong International Airport is well underway, and it looks like the contractors are making good progress. In a recent board update dated September 21, 2017, the airport provided a progress report. According to the report, contractors have started paving operations and continued with steel erection. The report notes that “construction is [&hellip
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New Mixed-Use Development Set To Break Ground on Tchoup

September 19, 2017 • Architecture & Design, Development, Uptown • 6748

Austin-Texas based developers Lisa Marie Boe and Rene Juan Salmon are ready to break ground on their proposed mixed-use development at 3987 Tchoupitoulas Street. The pair filed plans with the last spring, and recently filed final plans for their building permit. The project is 4,950 square feet and will rise 3 stories, with retail on the [&hellip
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The Alder Hotel Near Freret Opens Its Doors

September 14, 2017 • Development, Hotel & Hospitality, Uptown • 6012

The new Alder Hotel opened this week uptown after a $15 million renovation. The hotel is the site of the former 10 story Bristow Tower, which opened in 1964 as part of the Baptist Hospital complex. Developers Chris Bellone, Greg Ensslen of Go Mango Neighborhood Restoration, Michael Valentino of Valentino New Orleans Hotels, and Woodward Interests [&hellip
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Your Chance To Tour Baker’s Row & The Standard With The ULI

September 12, 2017 • Conference, Development, Multi Family, Warehouse District • 5934

The Urban Land Institute’s (ULI) Louisiana chapter puts together great events and programming on the latest developments around town. The ULI has two events coming up with great projects to check out: MK Red’s Bakers Row and Domain Co.’s The Standard. The Baker’s Row event will take place September 14 at 2413 Dauphine Street. The [&hellip
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Retail Space In $50 Million Warehouse District Project Hits the Market

September 8, 2017 • Multi Family, Retail, Warehouse District • 9733

The proposed $50 million mixed-use development proposed by Woodward Interests and Boston-based Audubon Capital Partners is now leasing its 17,000 square feet of retail. The developers plan to build a 307,000-square-foot apartment complex with commercial retail on the ground floor, 144 off-street parking spaces, and almost 200 one-bedroom and two-bedroom apartments. Carly Plotkin and Joe Gardner with Stirling Properties [&hellip
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The Westin Hotel Sells To Local Firm Berger Co.

September 7, 2017 • Central Business District, Hotel & Hospitality • 5789

The 437-room, 29-story Westin hotel at the foot of Canal Street has been purchased by the Berger Co, in partnership with Cerberus Real Estate Capital Management, a New York-based investment firm. The Westin was originally built in 1984 and opened under Britain’s Trusthouse Forte hotel flag, before being converted to a Westin in the late 1980’s. New [&hellip
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