Canal Street Beat | New Orleans Real Estate News

Bayou Verret Lands Purchases $10 Million Metairie Centre Office Building

February 15, 2017 • Commercial, News • 6767

Joseph C. Marcello is one of Jefferson Parish’s largest landowners. His company, Bayou Verret Lands, has just purchased the office building located at 2424 Edenborn Ave. in Metairie from Edenborn Partners LP, owned by Philip Bulliard. The 90,700-square-foot Metairie Centre complex was built in 1986 and has been owned and managed by Bulliard ever since. The six-story building has [&hellip
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Giant Mid-City Apartment Complex Proposed by Alabama Developers

February 14, 2017 • Development, News, Zoning and Land Use • 7959

Mobile, Alabama-based Babington Properties, L.P. has proposed a 212-unit apartment complex located at 1717 Canal Street in Mid-City, according to our friends at MidCity Messenger. The site is directly across from the new hospital and adjacent to I-10. The developers have submitted a request to rezone the lot for the six-story development because the current zoning limits for [&hellip
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A First Look at South Market District’s New $100 Million Tower [Renderings!]

February 13, 2017 • Architecture & Design, Central Business District, News, Retail • 18055

New Orleans-based real estate investment and development firm The Domain Companies is making headlines again for its latest downtown development, a 29-story, $100 million apartment tower called The Odeon. The project will take over the current parking lot at Girod and South Rampart, and will be the fifth building in the group’s South Market District. The [&hellip
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Ochsner Medical Facility To Be Built At Site of Former Gentilly Shopping Center

February 10, 2017 • Gentilly, Healthcare, Zoning and Land Use • 8846

Earlier this week, developer Kenny Lobell received approval from the City Planning Commission for a conditional-use permit to build a 50,000-square-foot medical facility at 1532 Robert E. Lee Boulevard. The location is the site of the former Lake Terrace Shopping Center in Gentilly. The new facility will be managed by Ochsner, consist of three stories, and feature doctor’s offices, a drive-thru [&hellip
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Former Times-Picayune HQ Secures Liberal Rezoning

February 8, 2017 • Mid-City, Zoning and Land Use • 6495

The group that purchased the former Times-Picayune building for $3.5 million obtained City Planning Commission approval yesterday (Feb. 7) for a zoning change that provides for a very liberal use of the land, including outdoor amusement, entertainment, residential, and other mixed-use projects. The commission voted 6-1 to approve a zoning change from a BIP business industrial park [&hellip
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Changes Involving Housing, Transportation, and Parks Coming to Master Plan

February 7, 2017 • Zoning and Land Use • 4893

The City’s five-year old Master Plan may have new changes coming soon, as the City Planning Commission will consider a variety of proposed amendments today (Feb. 7). The plan was approved in 2010 and designed to guide zoning and city planners through 2030. Now that we are a decade past Katrina, the City opened the [&hellip
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16-Story, 250-Room Residence Inn Planned For St. Charles Avenue

February 3, 2017 • Central Business District, Development, Hotel & Hospitality • 32338

Businessman Robert “Bobby” Guidry filed plans with the city to build a 250-room Residence Inn in downtown New Orleans at 316 St. Charles Avenue. The site is currently a vacant lot used for parking, and sits adjacent to the Intercontinental and The Whitney building’s parking garage. Guidry’s company, St. Charles Avenue Prime Properties, LLC, requested a variance from [&hellip
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$85 Million Canal Crossing Development Breaks Ground

February 2, 2017 • Central Business District, Development, Multi Family • 8779

A joint venture between Provident Realty Advisors of Dallas and The Kroenke Group of Columbia, Missouri has broken ground on a large mixed-use development on Canal Street called “Canal Crossing.” The site is the surface parking lot at 1535 Canal Street. Project plans include the construction of a 400,000 square foot, nine-story building with ground floor commercial, a [&hellip
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Three-Story Sazerac Cocktail Museum Breaks Ground on Canal Street

February 1, 2017 • Central Business District, Development, Economic Development, Food & Beverage, Hotel & Hospitality • 10922

A little over a month after acquiring two historic buildings at the corner of Canal and Magazine Streets, the Sazerac Company has broken ground on the new five-story Sazerac House, a cocktail museum and corporate offices for the company. Tuesday (Jan. 31), Sazerac executives, along Governor John Bel Ewards and local officials, held a ground [&hellip
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44 Room St. Bernard Avenue Hotel Secures Height Waiver & Approval

January 30, 2017 • Development, Hotel & Hospitality • 5061

After receiving approval from the City Planning Commission in December, the developer of a proposed five-story, 44-room hotel on St. Bernard Avenue won unanimous approval last week from the City Council. Developer Calvin Arnold Lain of Devalepay Inc. proposed building a 44-room, 34,000-square-foot hotel with a rooftop deck. The project will also feature 1,550 square feet of retail space, [&hellip
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