Canal Street Beat | New Orleans Real Estate News

Former Little Korea Restaurant on S. Claiborne Becoming Furniture Store?

March 14, 2016 • Development, Retail, Zoning and Land Use • 5833

The property at the corner of S. Claiborne and Toledano may be in for a change: a new furniture store. The site is a former Taco Bell location and currently houses the Little Korea Restaurant. Applications were filed with the City on March 11, 2016 to demolish the current building and construct a new building. The demolition application [&hellip
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Cox Communications Sells HQ Building For $13,750,000

March 11, 2016 • Acquisitions, Jefferson Parish • 8469

The local headquarters for Cox Communications at 2121 Airline Drive has been sold to H.W. Kaufman Financial Group, a specialty insurance firm. The Class B, six-story, 125,000-square-foot building was purchased for $13,750,000, or roughly $110/foot. Kaufman says the building will be rebranded as the Burns & Wilcox Center. Burns & Wilcox is an insurance wholesaler and this will serve [&hellip
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Neighbors Sue To Prevent Wendell Pierce & Troy Henry’s St. Claude Avenue Demolition

March 10, 2016 • Marigny, Zoning and Land Use • 6152

Marigny residents and neighborhood organizations opposed to the demolition of an old, abandoned house at 2501 St. Claude Avenue have a filed a lawsuit to stop the demolition. The building is owned by Infinity Fuels, LLC, a company owned by businessman Troy Henry and actor Wendell Pierce. They own the gas station next door, and have sought to [&hellip
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Luxury Condo Tower “The Standard” Applies For Design Review [We’ve Got Renderings]

March 8, 2016 • Condos, Development, Warehouse District • 9514

The Domain Companies, developer of the South Market District, has filed a Design Review request with the city for the demolition of a building to make way for its Morris Adjmi-designed condo building, The Standard. The Standard will be a 15-story building with 89 condos and 24,000 square feet of retail space along Rampart and [&hellip
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96 Room Moxy Hotel on St. Charles Secures City Council Approval

March 4, 2016 • Development, Hotel & Hospitality, Zoning and Land Use • 5650

Developers of the proposed 5 story, 96 room Moxy hotel finally got their approval from the New Orleans City Council Thursday (March 3). Husband and wife Barry and Lorraine Dinvaut, along with developer Lenny Wormser, have been working for over two years to get the concept approved for the site at 744 St. Charles Avenue. They received [&hellip
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Ochsner Building New 9,000 Square Foot Emergency Room On Canal Street

March 3, 2016 • Development, Healthcare, Mid-City • 7669

Our friends at Mid-City Messenger are reporting that Ochsner Health is building a new free standing emergency room on Canal Street. The location is Oschner’s first foray in to Mid-City, and would be built at the corner of Canal Street and South Carrollton Avenue. The site currently houses a furniture store called “Sofas and Chairs” and has [&hellip
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The Broad Theater in Mid-City Opens March 4!

March 2, 2016 • Mid-City, Sports & Specialty • 7220

Knighten redeveloped the recently vacant building into a four-screen movie complex in the heart of Mid-City at 636 N. Broad St. The building’s 12,000-square-foot space features four theaters with 65 to 125 seats each. Each has the latest technologies for picture and sound and stadium seating. The building was built in 1923 and is a great example of [&hellip
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Canal Place Shopping Center Sells To New York Investors; Asking Price Was $200 Million

February 29, 2016 • Central Business District, French Quarter, Retail • 7497

New York–based O’Connor Capital Partners closed on the acquisition of The Shops at Canal Place last week, the high-end shopping mall in the Canal Place complex at the foot of Canal Street. The 260,000 square foot shopping center was owned by the Berger Company and Ogden Development. The Sellers had originally listed the complex for sale in 2014 [&hellip
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Fremaux Town Center Adds Five New Retail Tenants

February 26, 2016 • Retail, Slidell • 8760

The 350,000 square foot retail complex known as Fremaux Town Center in Slidell has added five new tenants to an already large mix of retailers. The new tenants include: Recently leased Books-A-Million will be moving from its current location at Northshore Square Mall to occupy a 7,500-square-foot space at Fremaux Town Center and is expected [&hellip
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Sidney Torres Plans Large French Quarter Development On Two Square Blocks

February 24, 2016 • Development, French Quarter • 6967

New Orleans businessman Sidney Torres IV announced his plans to redevelop the old Carmelite Monastery in the French Quarter into a mixed-use development. Torres announced yesterday that he has purchased the property from the Archdiocese of New Orleans. He was one of eight developers to bid on the site in December. The property itself is bounded by [&hellip
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