Canal Street Beat | New Orleans Real Estate News

New 184-Foot Hotel Tower Gets Height Waiver Approved

April 13, 2016 • News • 5483

Developers Clayton Randle of Quiwa Holdings LLC and David Hecht of Formwork Development LLC secured approval from the Board of Zoning Adjustments for their 17 story hotel on Convention Center Blvd. The developers are renovating a 5 story vacant warehouse at 1148 South Peters Street and also plan to build a 184 foot hotel tower on the vacant lot next [&hellip
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First Baker’s Row Condo Hits The Market [We’ve Got Renderings!]

April 8, 2016 • Condos, Development, Marigny, Multi Family • 9133

After receiving council approval last year and securing a $3.2MM building permit last October, the Baker’s Row condominium development in the Marigny at the former Hubig’s Pie site has been under construction over the last few weeks. Developer MK Red has now released the first unit for sale in Bakers’ Row, the upscale 8-residence town home community-located in the Faubourg [&hellip
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Interested In Learning More About Historic Tax Credits? Check This Out Tonight

April 6, 2016 • Conference, Tax Credits • 3742

The New Orleans Architecture Foundation is hosting a seminar tonight to better educate people on the Commercial Historic Tax Credits program and its process. The seminar is in partnership with AIA New Orleans, and features a panel of local experienced professionals who will present their roles in part 1 of the 3 part application process. Even though [&hellip
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Whitney Bank Building New Branch Near Lakeside Mall

April 6, 2016 • Construction, Jefferson Parish, Retail • 6201

Whitney Bank is building a new bank branch next to the Lakeside Mall where the Goodyear tire formerly stood. This branch will replace the current store at the corner of North Causeway Boulevard and 17th Street. The new building will include a 2,800 square foot office with three drive-up teller lanes and several ATM machines. The rendering [&hellip
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Dallas-Based Cypress Equities Acquires Nord du Lac Shopping Center

April 4, 2016 • Acquisitions, Northshore, Retail • 6054

The Nord du Lac retail and shopping destination has changed hands after its acquisition by Dallas-based Cypress Equities. The seller was Birmingham-based Colonial Properties Trust. Gulf States Real Estate Services, which took over property management last year, will continue to handle leasing and management for the new owners. The center’s tenants include Academy Sports, Hobby Lobby, Kohl’s [&hellip
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Confirmed: Mattress Store Replacing Little Korea Restaurant on Claiborne [We’ve Got Plans]

April 4, 2016 • News • 4230

A few weeks back we reported that the former Little Korea Restaurant at 3301 S. Claiborne was being converted in to a furniture store. We now have confirmation that the former Taco Bell location will be entirely demolished, and a newly built 4,000 square foot mattress store will be built in its place. No word [&hellip
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Pan-American Life Expands Worldwide Headquarters in Downtown New Orleans

March 30, 2016 • Central Business District, Office • 5060

Pan-American Life Insurance Group has announced they will be leasing an additional 9,000 square feet of space at 601 Poydras St., its headquarters in downtown New Orleans. Local real estate firm Stirling Properties owns the building, which it purchased from San Diego-based Equastone LLC for $60.9 million in 2011. Pan-American has been headquartered in the building since 1981, [&hellip
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Charity Hospital Building Back on The Block

March 30, 2016 • Central Business District, Public Development • 6074

After recently killing the latest effort to redevelop Charity Hospital, word on the street is that the Louisiana Division of Administration’s Office of Facility Planning and Control will be coming out with a Request For Information this summer to eventually hire a consultant to guide the process of redevelopment on behalf of the state. The art-deco structure [&hellip
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Tipitina’s South Shore Harbor Reveals New Plans With Amphitheater & Open-Air Market

March 29, 2016 • Lakeview/Lakefront, New Orleans East, Sports & Specialty • 8312

Developer and Tipitina’s owner RolandRoland von Kurnatowski has revealed the newest plans for his huge lakefront development, Tipitina’s South Shore Harbor Marina. Last year, Kurnatowski signed a deal to lease and redevelop the vacant South Shore Harbor marina in New Orleans East from the Orleans Parish Non-Flood Protection Asset Management Authority. The deal requires that he spend at least $12 [&hellip
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City Approves Redevelopment Of Mid-City Church Into Residential Apartments

March 28, 2016 • Development, Mid-City, Multi Family, Residential, Zoning and Land Use • 4728

The City Planning Commission last week approved a proposal by the New Orleans Redevelopment Fund to convert a historic mid-city church into a 20 unit residential development. The project calls for the conversion of the First United Baptist Church at 131 S. Jefferson Davis Parkway into 20 residential units, with the ability to add another 4 units in [&hellip
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