Canal Street Beat | New Orleans Real Estate News

Latter & Blum Expands Again: Acquires Baton Rouge-Based Firm

May 2, 2016 • Acquisitions, News • 4612

Latter & Blum Inc.’s acquisition spree continues with the acquisition/merger of Baton Rouge-based Donnie Jarreau Real Estate to expand their commercial brokerage. The new affiliate will keep the name NAI/Latter & Blum – Donnie Jarreau. Terms of the deal were not disclosed, but the merger adds 10 new agents to the company’s commercial brokerage in Baton Rouge. [&hellip
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Feil Buys Tulane Avenue Property For $5.6 Million

April 29, 2016 • Acquisitions, Mid-City • 6020

New York developer Jeffrey Feil has purchased a former Dixie Brewing Co. warehouse at 2537 Tulane Ave. for $5.6 million. Feil acquired the site from Kendra Bruno on April 11, Orleans Parish civil court records show. The 73,000 square foot lot includes the 48,000 square foot former Dixie Brewing warehouse. Feil’s firm, the Feil Organization, owns and [&hellip
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Renovation of Blighted Canal Street Hotel Starts Now

April 26, 2016 • Central Business District, Development, Hotel & Hospitality • 15482

The defunct Canal Street Hotel that developer Michael Valentino bought for $4.8 million is set to start construction, according to WWL-TV. Valentino bought the 1960’s hotel at corner of Claiborne and Canal in 2015. It had been abandoned and vacant since Katrina. According to WWL-TV, construction is starting asap on what will be a 224-key hotel [&hellip
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Come Tour The Irish Channel’s Bakery Village Development; First Two Buildings Complete

April 21, 2016 • Lower Garden District, Residential • 5830

The Urban Land Institute is hosting a tour of the new Bakery Village development in the Irish Channel. Developer Nicole Webre purchased the site of the former Turnbull Bakery and is converting it in to 15 houses that match the historic character of the neighborhood. Elizabeth Turnbull was the CEO and President of Turnbull Bakeries, Inc. from [&hellip
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New Retail Development Featuring Raising Canes Headed to Veterans Blvd.

April 20, 2016 • Development, Jefferson Parish, Retail • 5851

Developer Chris Sarpy has announced that Raising Cane’s will be the anchor tenant at a new retail development on Veterans Blvd. The development includes a brand new Raising Cane’s building at 210 Veterans Blvd, and a 5,000 square foot building at 212 Veterans Blvd. The 5,000 square foot building will include 1,800 for an unnamed retail tenant, [&hellip
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Check Out Scurlock’s Plan & Renderings For Six Flags Site [VIDEO]

April 18, 2016 • New Orleans East, Public Development • 9535

Last week, several developers proposed new projects for the abandoned Six Flags site in New Orleans East. One proposal involved purchasing the land and rebuilding Jazzland, one involved using the scrap materials for playgrounds around New Orleans. A final proposal by business man Frank Scurlock involved a $120 million “Festival Theme Park, The Spirit of Louisiana.” The park [&hellip
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Developers Propose New Plans To Redevelop Six Flags Site

April 15, 2016 • New Orleans East, Public Development • 9794

On Tuesday (April 12), the New Orleans Industrial Development Board listened to pitches from a handful of developers on what they wanted to do with the abandoned Six Flags site in New Orleans East. Several proposals to redevelop the site have come forth in recent years, including one to resurrect Jazzland. All, however, have cratered [&hellip
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New 184-Foot Hotel Tower Gets Height Waiver Approved

April 13, 2016 • News • 6110

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 • 10174

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 • 4257

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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