Canal Street Beat | New Orleans Real Estate News

Giant NorthLake Shopping Center in Mandeville Sells to Austin Company

November 29, 2016 • Acquisitions, Northshore, Retail • 7029

Northlake Shopping Center in Mandeville was purchased by Epic Real Estate Partners LLC, an Austin-based real estate group The 166,371-square-foot retail center is located at a crucial location at the corner of Highway 190 and Highway 22. There are reportedly 21 leases in place, some of which extend to 2040. The property is anchored by Fresh Market, [&hellip
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Developers Break Ground on 10-Story ‘Alder Hotel’ Near Freret

November 28, 2016 • Development, Hotel & Hospitality, Uptown • 6341

Development partners Greg Ensslen of Go Mango Neighborhood Restoration, Michael Valentino of Valentino New Orleans Hotels,Woodward Interests, the development wing of Woodward Design+Build, and Chris Bellone, have broken ground on a new 10-story hotel next to Ochsner Baptist. The team is renovating the old Bristow Tower, part of the hospital complex, in to a 90 key hotel, [&hellip
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Property Showcase Recap: Baker’s Row Luxury Condos [We’ve Got Pictures]

November 21, 2016 • Condos, Conference, Development, Marigny • 5781

Canal Street Beat partnered with luxury condo project Baker’s Row for our November’s Property Showcase Series last week. The event was fantastic, with over 120+ people showing up to check out the brand new development and luxury condos. Dat Dog was also there and provided free hot dogs courtesy of Athena Real Estate. Located in the heart of the Marigny at [&hellip
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KFK Group Converts 1201 Canal Street to 233 Condominium Units

November 18, 2016 • Central Business District, Condos • 4625

Developer KFK Group announced that it has now converted all of its rental units in its 1201 Canal Street development to condominiums. When the development opened in 2008, 111 units in the back building were already condos and were sold off. Earlier this year, they converted the remaining 122 apartments in the front building in to condominiums, [&hellip
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New 44 Room Hotel Proposed For 1201 St. Bernard Avenue [We’ve Got Renderings]

November 16, 2016 • Development, Hotel & Hospitality, Treme • 7172

Devalepay Inc., the owner of 1201-1219 St. Bernard Ave., has filed plans with the City for a 30,000 square foot hotel at the site that will include 44 rooms and 8 covered parking spaces. Devalepay has requested a conditional use permit from the city to permit a hotel over 10,000 square feet in the HMC-2 zoning [&hellip
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Hogs for the Cause To Build $2 Million Facility At Childrens Hospital

November 15, 2016 • Construction, Healthcare, Uptown • 5418

Annual barbecue competition and fundraiser Hogs for the Cause announced that it will donate $2 million to Children’s Hospital. The donation will fund the construction of an on-campus facility, The House that Hogs Built, to provide temporary housing for patients and their families. “We have had a long-standing partnership with Hogs for the Cause over the years,” [&hellip
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$1.5 Billion Trade District Moves Forward With Newly Approved Zoning & Height Variances

November 14, 2016 • Development, Lower Garden District, Zoning and Land Use • 6664

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 • 6124

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 • 6462

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 • 8972

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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