Canal Street Beat | New Orleans Real Estate News

HRI To Build New $120 Million Mixed-Use Tower In Downtown Tampa

October 3, 2016 • News • 5888

New Orleans-based HRI Properties won an auction last week to purchase an entire block in downtown Tampa from the City of Tampa, according to TampaBay.com. The one acre city-owned block has sat vacant for 20 years and sits next to City Hall at the corner of E Kennedy Boulevard and N Florida Avenue. According to the article, [&hellip
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Coworking Space Launch Pad Announces New Location, Doubling in Size

September 29, 2016 • Central Business District, Office • 8017

Launch Pad, the original coworking space in New Orleans, is today announcing some huge news: after seven years in the IP Building, known as a hub for entrepreneurs, Launch Pad is moving to 400 Poydras Street in downtown New Orleans. The new Launch Pad space is being developed into a 22,500 square foot modern and collaborative coworking [&hellip
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No Bidders For Proposed $17 Million Armstrong Airport Hotel

September 29, 2016 • Hotel & Hospitality, Public Development • 5636

The City’s plan to build a centerpiece hotel at the new $800 million Louis Armstrong International Airport did not attract a single bidder, according nola.com. The New Orleans Aviation Board released and RFP for a nationally branded, full-service, 140 room hotel with a deadline of September 16, 2016. No proposals were submitted. The Aviation Board [&hellip
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Health Partnership To Develop Network of 7 Urgent Care Clinics Across New Orleans

September 27, 2016 • Healthcare, News • 16475

LCMC Health, the nonprofit health care system that manages several hospitals in the New Orleans area including Touro Infirmary and Children’s Hospital, has released plans to build a network of urgent care clinics across the city. LCMC Health partnered with Premier Health, a Baton Rouge-based urgent care developer. The combo announced a partnership to build the [&hellip
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Hotel Modern Is Becoming a….Holiday Inn Express?!

September 26, 2016 • Acquisitions, Hotel & Hospitality • 8025

We reported back in June that Iowa City-based Hawkeye Hotels had purchased the Hotel Modern, with plans to convert it in to an Intercontinental Hotel. Well, Hawkeye did purchase the hotel, but the plans submitted to the city actually show the hotel’s conversion in to a Holiday Inn Express, not an Intercontinental Hotel flag. While Holiday Inn Express [&hellip
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Domain Companies To Open 40,000 SF Co-Working Space, ‘The Shop’

September 23, 2016 • Office, Warehouse District • 5250

At the beginning of August, there was speculation that WeWork was planning to opening a giant coworking space in the Contemporary Arts Center (the CAC) in New Orleans. According to permits filed with the City of New Orleans on July 20, 2016 by Eskew+Dumez+Ripple, the 3rd and 4th floors of the CAC at 900 Camp Street in [&hellip
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Corporate Realty Represents Three Law Firms in Leases Totaling 110,000 Square Feet

September 22, 2016 • Office • 4339

Corporate Realty, the New Orleans-based real estate brokerage and management firm, recently closed major deals for three law firms totaling more than 110,000 square feet. Corporate Realty President Mike Siegel represented Stone Pigman Walther Wittmann in an office relocation and new long term lease of a minimum of 43,000 sf in the First Bank & [&hellip
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Site of Proposed Elisio Lofts Trades For $3.5 Million

September 21, 2016 • Acquisitions, Marigny • 6792

The vacant warehouse owned by developer Sean Cummings, where the Elisio Lofts project was once slated for, has sold to a hotel developer. Developer Amit Patel, through his company 501EFA Hotel, purchased the 36,200 square foot property at 501 Elysian Fields Ave. for $3.5 million from Cummings on September 12. First NBC Bank financed the transaction. This site [&hellip
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NOLA Real Estate Forecast Symposium Coming Up In October

September 19, 2016 • Conference • 5288

The 6th Annual Economic and Real Estate Forecast Symposium is coming up next month where experts will discuss real estate and financial markets, and their impact and predictions on the New Orleans metro area’s real estate market. The event will take place at Loyola University on Tuesday, October 11, 2016 from 12:30 p.m. to 5:00 p.m., and is put [&hellip
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JCC To Break Ground on Major Expansion To Uptown Campus

September 16, 2016 • Architecture & Design, Community Development, Construction, Uptown • 5051

The New Orleans Jewish Community Center (JCC) plans to break ground on a major renovation and expansion to their uptown campus later this month that includes new childcare facilities, a new sports complex, and newly renovated pool and water areas. The expansion will add 14,000 square feet of new space, and will include a recreation pool with [&hellip
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