Canal Street Beat | New Orleans Real Estate News

Convention Center Buying 94,000 Square Foot Louisiana Artworks Building

November 7, 2016 • Acquisitions, Public Development, Warehouse District • 5844

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 • 7569

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 • 4771

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 • 5931

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 • 8755

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 • 6539

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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HDLC Vote Builds Momentum For Tracage Luxury Highrise

October 25, 2016 • Architecture & Design, Multi Family, Warehouse District, Zoning and Land Use • 4730

We broke the news two weeks ago that the long-stalled Tracage Luxury Apartment project was finally back on track. At that time, Spectrum Capital’s team recently filed an amendment to the development for Historic District Landmarks Commission (HDLC) approval. That filing proposed to amend previously approved plans including new design elements for garage screens, balcony railings, and north side [&hellip
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Latter & Blum’s Acquisition Spree Continues With Baton Rouge Merger

October 20, 2016 • Acquisitions, Baton Rouge, News • 5336

The Latter & Blum acquisition tear continues, with the firm purchasing a Baton Rouge brokerage for the second time in six months. Latter & Blum announced they have merged with Skill Real Estate, led by long time broker Ben Skillman. Skill has five agents in commercial brokerage. The transaction will see the Skill team folded under the [&hellip
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Check Out The New Troubadour Hotel With A Tour From The Architecture Foundation

October 18, 2016 • News • 6940

The New Orleans Architecture Foundation is hosting a tour of the newly developed Troubadour Hotel, a Joie de Vivre boutique hotel, at 1111 Gravier Street downtown. The new 184-room hotel stands at the site of the long-vacant Rault Center, which was recently added to the National Register of Historic Places. The renovation of this historic high-rise [&hellip
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$250 Million Ochsner West Tower Construction Update [We’ve Got Photos]

October 17, 2016 • Architecture & Design, Construction, Healthcare, Jefferson Parish • 8715

Last year, Ochsner Health System announced plans for a $250 million expansion, including the addition of six stories to the West Tower of its primary hospital complex on Jefferson Highway. We visited the site last week to get an update and snap photos. Construction on the first phase is well underway. From the photos, it [&hellip
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