Canal Street Beat | New Orleans Real Estate News

LCMC Health Opens $30 Million Medical Facility in Metairie

February 7, 2019 • News • 13718

LCMC Health has opened the new Ridgelake Health Center in Metairie. The new 48,000-square-foot facility is a fully integrated health center, where experts from Children’s Hospital, Touro Infirmary and West Jefferson Medical Center will be able to see pediatric and adult patients. A new imaging center will also open over the summer. The four-story, $30 [&hellip
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New Real Estate Breakfast Series Kicks Off Today

February 5, 2019 • News • 13988

The New Orleans Business Alliance (NOLABA) and the Urban Land Institute (ULI) hosted their first Real Estate Breakfast Event this morning. The event featured Asali DeVan Ecclesiastes, director of the strategic neighborhood development at NOLABA and recent “12 Icons of New Orleans” honoree, who discussed the Cultural Innovation District in the Claiborne Corridor. The District’s [&hellip
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Denver-Based Stonebridge Acquires 280-Key Embassy Suites

February 4, 2019 • Hotel & Hospitality, News • 4703

Denver-based Stonebridge Companies has acquired the 280-room Embassy Suites by Hilton New Orleans Convention Center hotel in partnership with an affiliate of Chicago-private equity firm Walton Street Capital LLC. The acquisition is the Stonebridge Companies’ entrance into the New Orleans market. The purchase was recorded in November 2018, according to city records. The Embassy Suites [&hellip
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$11 Million Jewish History Museum And Luxury Apartments Coming to CBD

January 31, 2019 • Central Business District, Multi Family • 27550

The Feil Organization filed permits with the city for the renovation of 818 Howard Street, an old office building that 818 Howard, LLC purchased in 2016 for $3.55 million. The 4-story building at 818 Howard will become apartments and The Museum of the Southern Jewish Experience. The museum will occupy the first two floors of [&hellip
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SBP’s New $10 Million Affordable Housing Complex in Mid-City Breaks Ground

January 28, 2019 • Architecture & Design, Mid-City, Multi Family • 10563

SBP (formerly the St. Bernard Project) held a ground breaking two weeks ago on their new affordable housing development at Broad Street and Orleans Avenue. The new, nearly $10 million project, will include 50 apartments, a community room, and wellness center in a three story building. The building will also include 450 rooftop solar panels and [&hellip
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French Truck Expands To Anchor $65 Million Mid-City Apartment Complex

January 24, 2019 • Food & Beverage, Mid-City • 4407

French Truck Coffee has announced that it will anchor the new 382 unit apartment complex on the Lafitte Greenway being built by developed Edwards Community. The new French Truck location will feature patio seating, large glass garage doors. French Truck has been on a tear lately, opening new locations in the French Quarter, garden district [&hellip
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Commercial Brokerage Firms Derbes and Falgoust Combine

January 21, 2019 • Acquisitions, News • 4190

Two long-time commercial real estate firms, one in Baton Rouge and one in New Orleans, have merged in a partnership to expand their offerings. New Orleans-based Max J. Derbes Inc. and Baton-Rouge based Mike Falgoust and Associates Commercial Real Estate of Baton Rouge have combined to form a new company, Derbes Falgoust Commercial Real Estate LLC. [&hellip
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Construction On $40 Million Luxury Condo Building Moves Forward

January 14, 2019 • Condos, Development • 16751

The developer by behind 731 St. Charles Avenue, the 67-unit luxury condominium development located in the Lafayette Square Historic District, announced a topping off ceremony last week and construction moves toward completion. Developer Montagnet Properties is building 67 new condominiums in a new, five-story building at 731 St. Charles Avenue. The project will feature one, two [&hellip
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Wrong Iron, The Bike-Friendly Beer Garden On The Greenway, Opens This Week

January 8, 2019 • Food & Beverage, Mid-City • 6074

Wrong Iron, the bicycle-friendly beer and wine garden along the Lafitte Greenway, is scheduled to open this Sunday. Wrong Iron will feature 50 beers on tap, 24 wines on tap, and a cocktail menu with a 4,200 square foot bar and a total area of 17,000 square feet. The bar will also feature parking for [&hellip
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Tech Company Accruent Signs 22,000 Square Floor Lease At 400 Poydras Tower

January 2, 2019 • Central Business District, Office • 5074

Austin-based Accruent, a technology firm that announced last summer they would be opening a 350 person office in New Orleans, confirmed last week that they have signed their lease and will be opening the actual office soon. The company has closed on a 22,594-square-foot lease at 400 Poydras Street for their regional office. The first 150 [&hellip
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