Canal Street Beat | New Orleans Real Estate News

$35 Million, 162-Key Cambria Suites Opens in Warehouse District

October 17, 2017 • Development, Hotel & Hospitality, Warehouse District • 6002

After several years of construction and planning, the new Cambria Hotel in the Warehouse District opened last week. Located at 632 Tchoupitoulas Street, the 162-room newly constructed Cambria hotel is located in the Warehouse District. Developers Fillmore Capital Partners and Fillmore Hospitality broke ground on the project in 2015. “This is another important milestone for the [&hellip
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CarMax Breaks Ground on New $25 Million Kenner Location; To Bring 150 Jobs

October 13, 2017 • Kenner, Retail • 8393

CarMax, the online car retailer, has broken ground on a new $25 million location in Kenner. The retailer has a large pile of dirt – “surcharge fill” – currently at the site as it readies for construction. The site, on 32nd Street near The Esplanade mall, will include a 523 car lot display and offices. The [&hellip
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Major Real Estate Forum Hosted Today At Loyola University

October 10, 2017 • Conference • 4870

Today, October 10, the 7th Annual Economic and Real Estate Forecast Symposium will take place at Loyola University. The Symposium is being put on by the New Orleans Metropolitan Association of REALTORS® (NOMAR), Commercial Investment Divison of the New Orleans Metropolitan Assocation of REALTORS® (CID), and Loyola University. This year’s theme is “New Perspectives on the [&hellip
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LSU To Give Charity Hospital Redevelopment Another Shot

October 9, 2017 • BioDistrict, Central Business District, Healthcare, Public Development • 8515

After years of abandonment since Hurricane Katrina and several attempts to redevelop Charity Hospital, it looks like LSU and the LSU Foundation are giving it another shot. LSU and the LSU Foundation, the university’s fundraising arm, announced plans last week to study highest and best use for the property while the university seeks out a [&hellip
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Local Real Estate Tech Company 365 Connect Acquires uCribs

October 5, 2017 • News • 4097

New Orleans-based 365 Connect frequently makes headlines for the awards it wins related to the marketing, leasing, and resident technology platforms for the multifamily housing industry. Last week the company made a big announcement about its latest acquisition of uCribs, an apartment search engine for people nearby college campuses. 365 Connect shared that the acquisition will help [&hellip
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City Council Fights Over Historic Preservation and Short-Term Rentals

October 3, 2017 • Residential, Zoning and Land Use • 4552

New City Council arguments over a demolition request last week led to further clashes and division within the council over historic preservation and short-term rentals, according to our friends at the Preservation Resource Center. The debate started when the owner of two historic shotguns on Marais Street in St. Roch, Stephen Agans, sought to demolish the structures [&hellip
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What A $140 Million Hotel Renovation Looks Like: The Jung

September 28, 2017 • Central Business District, Development, Hotel & Hospitality • 13036

The historic Jung Hotel is almost back in action after years of vacancy and neglect. The original hotel opened in 1907 and was designed by renowned architect firm Weiss and Dreyfus. The hotel’s heyday lasted into the late 1960’s, and for many years was one of “the” hotels in the city. At one time, it [&hellip
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New Orleans Ranks 21st In Green Residential Construction

September 27, 2017 • News, Residential • 4028

Our friends at Curbed spotted a new analysis of green LEED construction nationally by ABODO, which ranks New Orleans 21st with 502 LEED-certified projects completed or underway. The ABODO report ranks Texas (with 6,945 LEED-certified residential projects), California (5,255 projects), and New York (2,215) as the top three states. LEED stands for Leadership in Energy and Environmental [&hellip
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New Airport Construction Update: Construction On Schedule [We’ve Got Photos]

September 25, 2017 • Construction, Jefferson Parish, Kenner • 8232

Construction on the new Louis Armstrong International Airport is well underway, and it looks like the contractors are making good progress. In a recent board update dated September 21, 2017, the airport provided a progress report. According to the report, contractors have started paving operations and continued with steel erection. The report notes that “construction is [&hellip
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New Mixed-Use Development Set To Break Ground on Tchoup

September 19, 2017 • Architecture & Design, Development, Uptown • 6965

Austin-Texas based developers Lisa Marie Boe and Rene Juan Salmon are ready to break ground on their proposed mixed-use development at 3987 Tchoupitoulas Street. The pair filed plans with the last spring, and recently filed final plans for their building permit. The project is 4,950 square feet and will rise 3 stories, with retail on the [&hellip
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