Canal Street Beat | New Orleans Real Estate News

$100M Apartment Tower Addition To South Market District Moving Forward

March 19, 2018 • Construction, Development, Warehouse District • 11734

The proposed 29-story, $100 million South Market District apartment tower called the Odeon should begin construction in the next several months. Last week, Christian Brierre with the Domain Companies told the Industrial Development Board (IDB) at their monthly meeting that the developer is expected to close financing in April, with construction starting shortly thereafter. The project will be [&hellip
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Fuji Vegetable Oil To Build New $70 Million Facility in Greater New Orleans

March 15, 2018 • Construction, Economic Development, Industrial, Jefferson Parish • 7861

Japanese-based Fuji Vegetable Oil has announced that will build an new processing facility adjacent to the former Avondale Shipyard in Jefferson Parish. The investment will total $70 million, create 39 new jobs with average salary of $77,000, and another 48 indirect jobs. Fuji’s new facility in Avondale primarily will import and refine palm oil from sources [&hellip
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A Comprehensive List of New Orleans Coworking Spaces

March 12, 2018 • Office • 7579

The word coworking was first used in 1999 to describe collaborative work. Today, coworking spaces are prevalent across the globe. New Orleans has its own crop of coworking spaces. Over the last few years, the number of coworking spaces in the Big Easy has more than doubled. We’ve rounded up as many of the New Orleans spaces and details [&hellip
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New Development ‘The Framework’ Planned For Lower Garden District on Magazine Street

March 8, 2018 • Development, Lower Garden District • 8798

New Orleans developer Felicity Property Company held a neighborhood meeting this week and revealed plans for their new development at 1300 Magazine Street, dubbed The Framework. The Framework will feature several buildings around a central courtyard. Each of the buildings will feature retail and commercial on the ground floors, with office space on the top [&hellip
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The 207-Room Jung Hotel is Officially Open in New Orleans

March 7, 2018 • Architecture & Design, Historic, Hotel & Hospitality • 9348

After a $140 million redevelopment by MCC Development, the Jung Hotel & Residences is now open in New Orleans’ Biomedical Innovation District. The property is located at 1500 Canal Street, close to the French Quarter, Louis Armstrong Park, the CBD, and more. The Jung Hotel & Residences incorporates a hotel, residences, retail, parking and other [&hellip
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Tulane Breaks Ground On $55 Million Student Facility & Dining Hall

February 28, 2018 • Construction, Development, Uptown • 4993

Tulane University has started construction on its brand new three-story, $55 million multipurpose facility, the Commons building, which will open in 2019. Commons will house a new dining hall, multipurpose meeting spaces and a permanent home for the Newcomb College Institute. The building is located across from the Howard-Tilton Memorial Library and will be connected to the west end [&hellip
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Palmisano Cuts Ribbon On New $9 Million Corporate Headquarters

February 26, 2018 • Construction, Development, Lower Garden District • 5607

New Orleans-based Palmisano Group, the commercial general contractor, announced last week that their new headquarters was ready for occupancy. CSB staffers have been by the site many times, and it looks like a beautiful building. The firm broke ground on the Lower Garden District headquarters at 1730 Tchoupitoulas in early 2017. The new 30,000 square [&hellip
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Hard Rock International Plans French Quarter Hotel and Residences in 2019

February 20, 2018 • French Quarter, Hotel & Hospitality • 7379

Hard Rock Hotel New Orleans and the Residences at the Hard Rock Hotel New Orleans will be open for business in the French Quarter in Spring 2019. Hard Rock International is working with local developer Kailas Companies on the 18-story project with 350 hotel rooms and 62 residences in addition to meeting spaces and two [&hellip
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Harrah’s Proposes New 340-Key Hotel Tower as Part of $350 Million Project

February 19, 2018 • Central Business District, Development, Hotel & Hospitality • 11989

Harrah’s New Orleans Casino has proposed a new, 340-room luxury hotel on top of the current entrance to its casino at the foot of Canal Street. The 24 story hotel is part of a $350 million renovation plan, which also includes new dining and entertainment options and a new theater. No gaming will be part [&hellip
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$10 Million Sun Yard Hotel in Bywater Hits Snag

February 8, 2018 • Bywater, Development, Hotel & Hospitality, Zoning and Land Use • 7638

The $10 million Sun Yard Hotel in the Bywater at the former Truck Farm site went before the City Planning Commission this week, but a decision on the matter was deferred for at least another month. Husband and wife team Giuliano Pignataro and Liz Solms want to redevelop the site from mixed-use to a hotel, but have [&hellip
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