Canal Street Beat | New Orleans Real Estate News

Westbank Apartment Complexes Trade For $56 Million

June 15, 2018 • Acquisitions, Multi Family, West Bank • 4602

Two Gretna apartment buildings have been purchased by an Alabama company for $56 million, according to The Advocate. The Cedarwood Apartments at 2350 Park Place and Baywood East and West Apartments at 500 Wall Blvd. were sold by California-based Delta Alliance Capital Management to Mobile-based Multifamily Management Inc. Both complexes are at 93% occupancy, with [&hellip
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Storyville Themed Restaurant Now Open Inside B on Canal Hotel

June 11, 2018 • Commercial, Food & Beverage, Historic, Hotel & Hospitality, Renovation • 6472

“I’m not trying to reinvent the wheel,” said executive chef Andrew Mills when introducing his concept and menu at the newly opened Madam’s Modern Kitchen + Bar located at 1300 Canal Street. The restaurant, menu, and decor are a nod to the history of the building and neighborhood as the former Storyville, the red light [&hellip
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GraceHebert Architects Acquires New Orleans-Based HMS Architects

June 8, 2018 • Architecture & Design • 5086

Baton Rouge-based architecture and design firm GraceHebert Architects has acquired New Orleans-based HMS Architects, the parties announced last month. Terms of the acquisition were not disclosed. The acquisition will increase the firm’s size to 40 employees, with plans to continue staffing up in both Baton Rouge and New Orleans. GraceHebert Architects was founded in 1967, and [&hellip
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Convention Center Approves $557 Million Upgrades, New Linear Park [We’ve Got Renderings]

June 7, 2018 • Development, Hotel & Hospitality, Public Development • 25953

The Ernest N. Morial Convention Center has announced that they will break ground on a $557 million construction project to upgrade the facility and surrounding area, in addition to a new 1,200 convention center hotel. The plan calls for a $79 million linear pedestrian park that will span from Poydras to Henderson Street along Convention Center [&hellip
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2018’s Nine Most Endangered New Orleans Landmarks

June 4, 2018 • Historic • 9114

Each year, the Louisiana Landmark Society releases its annual list of New Orleans’ most endangered historic sites. You can see prior years for 2017 (here) and 2015 (here). Last week, the Louisiana Landmarks Society released its 2018 list, which you can see below. All photos courtesy of the Louisiana Landmark Society. 2018 New Orleans’ Nine List [&hellip
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Three Finalists Picked For Billion Dollar Charity Redevelopment

June 1, 2018 • Development, Public Development, Public Finance • 15022

After years of abandonment since Hurricane Katrina and several attempts to redevelop Charity Hospital, LSU and the LSU Foundation decided to move forward again to redevelop the Charity Hospital building in downtown New Orleans. This week, the three finalists were announced: HRI Properties, Matthews Southwest and a joint venture between El Ad US Holdings and CCNO [&hellip
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Atlantis Gaming Corp. Proposes Kenner Lakefront Boardwalk & Condos

May 30, 2018 • Kenner, Public Development • 9462

Las Vegas-based Atlantis Gaming Corp. has announced plans to build a new luxury boardwalk, condominium development and future casino on 16 acres in Laketown, Kenner, according to nola.com. The plans include one-, two- and three-bedroom condos, a health spa, restaurants, a “jazz supper club,” a marina, tennis courts and swimming pools. The company is seeking to [&hellip
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5-Room Boutique Hotel Proposed Near Rampart and The French Quarter

May 24, 2018 • Development, Hotel & Hospitality, Marigny • 4725

Plans were recently filed to convert three existing buildings into a 5-room boutique hotel at 1801-03, 1805, and 1807-09 Henriette Delille Street, right at the corner of Rampart and McShane Place, about three blocks from the edge of the French Quarter. City filings indicate that the hotel will be named the Henriette DeLille Hotel. Plans call [&hellip
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B on Canal Hotel Opens In Former Hotel 504 Space

May 21, 2018 • Central Business District, Historic, Hotel & Hospitality • 7534

A new hotel, B on Canal, has opened following a multimillion-dollar renovation. Fort Lauderdale, Florida-based B Hotels & Resorts, which operates similar boutique hotels in Florida and Georgia, purchased the former Hotel 504 and converted the 1930’s, 15-story building into the new hotel concept. Other features include the B Hotels & Resorts Blissful Bed, 55-inch HD LED [&hellip
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Plans Filed For City’s New 40,000 Square Foot Crime Lab

May 17, 2018 • Construction, Public Development • 6769

The City of New Orleans has finally filed its plans for the new NOPD Criminal Evidence and Processing Facility to be located at 2761 Gravier Street. The City’s original crime lab was destroyed in Hurricane Katrina, and now looks like its finally getting ready to build. The city filed its plan with the City Planning Commission [&hellip
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