Canal Street Beat | New Orleans Real Estate News

High End Subdivision ‘The Oaks at Lakewood South’ Selling Out Fast

October 31, 2017 • Residential • 13431

New Orleans’ newest subdivision, The Oaks at Lakewood South, has now sold 66% of the available lots. The Oaks is just a mile from Metairie Road, and is the first single family subdivision in Orleans Parish in years. The development features brand new streets, all new construction homes, and is in an X flood zone. [&hellip
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Developer Breaks Ground on 37HUNDRED, a Mid-City Luxury Condo Complex

October 27, 2017 • Condos, Development, Mid-City • 6254

Developer VPG Enterprise broke ground last week on 37HUNDRED, a luxury condo building on the Lafitte Greenway in Mid-City. Centrally located in the heart of Mid-City, 37HUNDRED offers a 20 unit luxury condo gated community. Each condo will include a two car parking garage, 3 bed rooms, 2.5 baths, a study, and balconies. The units are [&hellip
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Who Wants To Help Develop This 480-acre Tract in Jefferson Parish?

October 24, 2017 • Community Development, Jefferson Parish, Zoning and Land Use • 4246

The nearly 480-acre tract of land in Avondale, Jefferson Parish, is the largest area of developable land in the metro area. The Jefferson Economic Development Commission is now soliciting proposal for a master planner to redevelop the area, known as the Churchill Technology and Business Park. “The future of the Churchill Technology & Business Park [&hellip
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150+ Bed ‘Hostelling International’ Project Breaks Ground On Canal Street

October 20, 2017 • Central Business District, Development, Hotel & Hospitality • 4963

Developers behind a new hostel on Canal Street gathered yesterday for the ground breaking of the new Hostelling International USA at 1028 Canal St. Plans filed earlier this year include 24 private guest rooms, 122 dorm-style beds, and a new fourth floor rooftop addition, and a lobby, cafe, and offices. The project involves an extensive renovation of [&hellip
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French Truck Opens New Coffee Training Lab in Lower Garden

October 19, 2017 • Food & Beverage, Lower Garden District, Magazine Street • 6651

French Truck Coffee, the New Orleans-based small-batch coffee roastery and coffee shop, has opened Louisiana’s first and only certified and accredited Specialty Coffee Association (SCA) Training Lab, located at 1533 Melpomene Street in the Lower Garden District. The new lab is 1,100 square feet, and is near their location at Magazine Street. French Truck Coffee will [&hellip
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$35 Million, 162-Key Cambria Suites Opens in Warehouse District

October 17, 2017 • Development, Hotel & Hospitality, Warehouse District • 6018

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 • 8411

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 • 4886

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 • 8530

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 • 4104

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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