Canal Street Beat | New Orleans Real Estate News

New 18 Room Henry Howard Hotel To Open in Lower Garden

January 14, 2016 • Hotel & Hospitality, Lower Garden District • 4812

Developer The Fitz Hotel Group announced that their renovation of an 1860’s Greek Revival double will open February 1 as the Henry Howard Hotel. The boutique hotel has 11,000 square feet and includes 18 rooms and a bar. All rooms have a curated mix of vintage and custom furniture, local original artwork, complimentary WiFi, premium TV channels, gourmet [&hellip
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City Planning Denies Proposed Mid-City Condo Development

January 13, 2016 • Condos, Mid-City, Zoning and Land Use • 5526

The proposed 17 unit condo development at 3100 Banks Street was heavily opposed by neighbors at a recent city meeting, the Mid-City Messenger reports. The developer, Cullen Maumus with the New Orleans Redevelopment Fund, is seeking to build the 3-story project mixed use project, and received permission to resubdivide two lots into a single last August. The condos units [&hellip
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Jackson Oaks Redevelopment in Old Sara Mayo Hospital Approved By City Council

January 12, 2016 • Lower Garden District, Multi Family, Zoning and Land Use • 7217

Jackson Oaks, the apartment complex proposed for the old Sara Mayo Hospital site on Jackson Avenue, was approved by the City Council last week. The Council also approved 100 extra units for the development in exchange for making 11 of them affordable. The Kailas Company bought the shuttered property from a lender in 2014. The building had been vacant [&hellip
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New Orleans Developer Announces New National Acquisitions

January 11, 2016 • Acquisitions, Commercial, Development, News • 8387

New Orleans-based Bruno, Inc., run by developer Joshua Bruno, has announced two additional commercial acquisitions to add to its national portfolio: Circle K convenience store and gas station located at 2302 W. Market Street in Bloomington, IL and Circle K convenience store and gas station located at 1685 S. Baltimore Avenue in Decatur, IL. “The [&hellip
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New Orleans’ Ace Hotel Opens March 14

January 8, 2016 • Hotel & Hospitality, Warehouse District • 5753

The new hotel in the former Max Barnett Furniture Store will feature 234 rooms with rates from $189 and up. Developer Domain Companies purchased the building in 2013 for $5.4 million according to city records. You can check out some of the floor plans and renderings here. The hotel will feature a restaurant by James Beard [&hellip
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Upscale Hostel Coming to Bywater Riverfront

January 7, 2016 • Bywater, Hotel & Hospitality • 6919

Developer Ted Kelso is proposing an upscale hostel with 43 rooms, 185 beds, a bar and restaurant on vacant land in the Bywater. The name of the project is currently in the works. The corner property, bordered by Royal, Mazant, Chartres and Bartholomew streets, would have a 43,000 square foot building. The rooms would be a mix [&hellip
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Demolition of Tulane Avenue Hotel Approved; New Retail To Be Built

January 5, 2016 • Mid-City, Zoning and Land Use • 7414

The Neighborhood Conservation District Advisory Committee unanimously approved a demolition request for the old, abandoned hotel at 2820 Tulane Avenue on Monday (January 4). The property owner, Bahram Khoobehi, was represented by Sam Bailey of Louisiana Demolition, Inc., according to a report by our friends at Mid-City Messenger. Bailey mentioned that Khoobehi had plans to build a new [&hellip
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First Tenant Opens at the New 54,000 Square Foot Offices at Mid-City Market

December 31, 2015 • Mid-City, Retail • 4340

Orangetheory Fitness, a fitness studio that specializes in hour-long group interval training workouts, is the first tenant to open at the Offices at Mid-City Market, a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans. The Offices at Mid-City Market features approximately 31,000 square feet of prime office space along with 9,000 square feet [&hellip
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Check Out Tulane’s Business School Expansion Plans [We’ve Got Renderings]

December 30, 2015 • Architecture & Design, Uptown • 11326

Tulane University’s A. B. Freeman School of Business filed plans last week for the expansion of its current building and campus, and the designs look fantastic. The new Freeman School expansion includes a 42,000 square foot addition to the two existing Freeman buildings (Goldring/Woldenberg Hall I (GWI), and Goldring/Woldenberg Hall II (GWII)) that will link the buildings to create [&hellip
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Queen & Crescent Hotel Sells For $51 Million To Dallas Investors

December 29, 2015 • Acquisitions, Central Business District, Hotel & Hospitality • 6388

The Queen & Crescent Hotel at 344 Camp Street was sold for $51.2 million two weeks ago. KBS Strategic Opportunity REIT II, which purchased the property from Northview Hotel Group of Connecticut along with Encore Hospitality of Dallas, according to Orleans Parish conveyance records. Encore paid roughly $261,200 per key for the 196-room hotel. According to the company’s website, [&hellip
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