Canal Street Beat | New Orleans Real Estate News

Upcoming ULI Events: Catahoula Hotel Tour; Transit Pub Crawl; The Strand Apartments

February 22, 2016 • Conference, News • 5348

The Urban Land Institute (ULI) has some really fantastic events coming up that you will want to check out. First up is Cocktails & Content on February 25, 2016, at The Strand Luxury Apartments. The event will feature a tour of the new luxury apartment development by HRI Properties, plus an overview of other HRI properties [&hellip
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Latter and Blum Expands Again; Acquires Houma Area Brokerage Firm

February 18, 2016 • Acquisitions, News, Residential • 4212

Latter & Blum Inc.’s acquisition game is strong. They just announced the acquisition of yet another brokerage in south Louisiana, Century 21 American Realty USA in Cut Off. The acquisition is Latter & Blum’s third in the Houma/Thibodaux area in the last 18 months. They’ve also acquired a Houston firm, one in Lake Charles, another one in Lake Charles, [&hellip
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Tom Leonhard Appointed CEO of HRI Properties; Kabacoff To Become Chairman

February 17, 2016 • News • 5693

HRI Properties founder and CEO Pres Kabacoff will be stepping down from the company he’s managed for 40 years to become its chairman. He will be replaced by the current president, Tom Leonhard. Kabacoff co-founded the firm in 1982 and started out with the redevelopment of the Federal Fiber Mills in the warehouse district. Since that start, [&hellip
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Ochsner To Build New 5 Story Hospital At Vacant Shopping Center Site

February 15, 2016 • Healthcare, Jefferson Parish • 7549

Ochsner Medical Center plans to build a new hospital on a vacant site in old Jefferson, according to a story by Nola.com. Oschner has filed for a zoning change to build a five-story rehabilitation hospital at the former Jefferson Plaza shopping center on Jefferson Highway. The site itself was purchased by the Feil Organization last year [&hellip
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30,000 Square Foot Retail Center Planned For Gentilly

February 10, 2016 • Development, Gentilly, Retail • 14145

A developer is working on new plans to construct a 29,000 square foot retail strip center in Gentilly. The new strip center will be built at 4242 Chef Menteur Highway, directly across the street from the recently opened Walmart and next to a Walgreens. The center will be anchored by a Dollar Tree, and calls for [&hellip
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Developer Plans Mid-City Church Conversion Into 20 Residential Units

February 5, 2016 • Development, Mid-City, Multi Family • 9331

The New Orleans Redevelopment Fund has filed for a conditional use with the City that would allow it 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 [&hellip
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$76 Million Jung Hotel Redevelopment Underway [We’ve Got Video]

February 3, 2016 • Architecture & Design, Central Business District, Construction, Development, Hotel & Hospitality • 11485

The $76 million renovation of the Jung Hotel on Canal Street is well underway. The Jung Hotel first opened its doors in 1907, and at one time was the largest convention hotel in the South. Joe Jaeger and his company, MCC Real Estate, is the developer of the Jung Hotel Redevelopment. The McDonnel Group, owned by [&hellip
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City To Build New Public Works Building in Tulane Avenue Corridor

February 1, 2016 • News • 9046

The Department of Public Works has filed plans with the city to build a new building on South Clark Street, near the corner of Tulane Avenue and South Jefferson Davis Parkway. According to plans filed with the city, the new building will contain office space for DPW employees, a training facility, and service bays for the [&hellip
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Luxury Mixed-Use Development in Lower Garden Moves Forward

January 29, 2016 • Development, Lower Garden District, Multi Family • 10432

A new construction, mixed-use development at 1581 Magazine Street in the Lower Garden District is taking shape. The developer, Felicity Property Company, has selected with Palmisano Contractors as the general contractor. It’s the third time they’ve worked together in the past few years. Following the developments of the apartments at 516 Natchez and the complete transformation of The Saint Anna, [&hellip
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New Restaurant And Bike Shop ‘Rouler’ Headed to Baronne Street

January 28, 2016 • Retail, Warehouse District • 9768

According to plans filed with the City, a new bicycle shop and restaurant is coming to 601 Baronne Street, called Rouler, run by founder and creative director Weston McWhorter. The proposed business would feature a sub-49 seat restaurant, freestanding bar and counter space as well as retail displays. Bicycles would hang from the ceilings. From what we can tell, [&hellip
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