Canal Street Beat | New Orleans Real Estate News

$1.5 Billion Trade District Moves Forward With Newly Approved Zoning & Height Variances

November 14, 2016 • Development, Lower Garden District, Zoning and Land Use • 6106

The proposed $1.5 billion Trade District to de developed on a 47-acre tract of land adjacent to the Ernest N. Morial Convention Center got some great news last week on the zoning front. On Tuesday (11/8), the City Planning Commission voted unanimously to grant the project special height allowances. In particular, the Commission created a new Convention Center [&hellip
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Downtown DoubleTree Hotel’s $25 Million Renovation Well Underway

November 11, 2016 • Central Business District, Hotel & Hospitality, News • 5545

The DoubleTree by Hilton New Orleans at 300 Canal Street is undergoing a $25 million renovation of its guest rooms, lobby and meeting space, offering guests and locals an entirely new look and feel. Company representatives say the full new design will be unveiled in February 2017. A full overhaul of the hotel’s 367 guest [&hellip
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French Truck To Open in French Quarter at May & Ellis Development

November 9, 2016 • Food & Beverage, French Quarter • 5876

French Truck Coffee founder Geoffrey Meeker will open a new coffeeshop at the historic May & Ellis Building in the French Quarter. May & Ellis developer David Hecht told Canal Street Beat that the coffee shop will be taking 1,250 square feet of space at 221 Chartres St. “We are thrilled to bring a fantastic local brand to [&hellip
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New Airport Construction Update: 4,100 Piles Driven, 1.4 Million Tons of Sand Imported [We’ve Got Photos]

November 8, 2016 • Jefferson Parish, Kenner, Public Development • 8376

Construction on the new Louis Armstrong International Airport is humming right along. Travel demand has been so high that the city announced they were considering adding another $100 million terminal to the current project scope. And despite the fact that the airport received no bidders for the proposed $17 million hotel, the new airport has already [&hellip
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Convention Center Buying 94,000 Square Foot Louisiana Artworks Building

November 7, 2016 • Acquisitions, Public Development, Warehouse District • 5331

The Ernest N. Morial Convention Center recently approved a deal to purchase the former Louisiana ArtWorks building on Howard Avenue. According to The Advocate, the convention center board authorized the acquisition of the 94,000-square-foot building for $8 million from its current owner, the New Orleans Culinary and Hospitality Institute. The New Orleans Culinary and Hospitality Institute (NOCHI) [&hellip
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$65 Million Mid-City Apartment Development Secures Final Density Bonus

November 4, 2016 • Development, Mid-City, Multi Family, Public Finance • 6817

Developer Edwards Community’s proposed $65 million apartment complex received final approval from the City Council for a density bonus on November 3, 2016. The development will feature 382 apartments at the complex. Edwards Community was able to get an additional 110 units added in exchange for adding 14 affordable units. The developer is required to lease [&hellip
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Stirling Properties Building New 45,000 SF Class A Office Building [We’ve Got Renderings]

November 3, 2016 • Northshore • 4155

Local developer Stirling Properties has announced the addition of a new 45,000-square-foot Class A office building at its River Chase development in Covington, La. River Chase is a 253-acre development located on the southeast corner of Interstate 12 and Louisiana Highway 21. The project currently includes a large shopping center and has evolved in to a master [&hellip
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New Property Showcase Event: Baker’s Row Luxury Condos in the Marigny!

November 1, 2016 • Condos, Conference, Development, Marigny, Residential • 5118

Canal Street Beat is partnering with MK RED for the fourth Property Showcase event highlighting Baker’s Row, the new luxury development in the Marigny. CSB’s Property Showcase events are a monthly series designed to exhibit new developments and interesting properties in New Orleans. Located in the heart of the Marigny at 2413-21 Dauphine Street, Baker’s [&hellip
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City Considering Adding Another $100 Million Terminal to New $950 Million Airport

October 31, 2016 • Jefferson Parish, Kenner, Public Development • 7965

The brand new $950 million Louis Armstrong International Airport is under construction, and demand is so strong that the city is already considering building another terminal. The airport is currently driving piles for the $950 million North Terminal Project and related facilities for the brand new airport, which will eventually include two new concourses, 30 airline gates, and a new [&hellip
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Tulane Avenue Beautification Project Pushed Back

October 26, 2016 • Mid-City • 5731

The $11 million project to improve a portion of Tulane Avenue has been delayed, according to our friends at Mid-City Messenger. The Tulane Avenue Streetscape program was supposed to finish in August 2016, and once complete, would have reduced six lanes to four, and included other improvements to enhance the safety and beautification of the street [&hellip
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