Canal Street Beat | New Orleans Real Estate News

New 40,000 SF Dave & Busters On The Market For $13,900,000, Not Even Built Yet

October 7, 2015 • Central Business District, Retail • 16212

The commercial condo that will house the new Dave & Busters at the top of new 1200 Poydras Street parking garage has hit the market with a $13,900,00 price tag. The project has barely broken ground, with the site being cleared by bull dozers as we speak. According to the property listing, the 40,900 square foot commercial condo [&hellip
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Will young professionals leave downtown New Orleans for the suburbs?

October 5, 2015 • Multi Family, News • 6597

We don’t think so. But high costs and low supply, coupled with a desire for a more safe environment, have an impact? Our friends at nola.com have some more thoughts on it, backed up by some data. The question posed by nola.com is whether young professionals want to move to the suburbs as they begin to start [&hellip
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UNO Technology Building Trades; Slated For Dual Marriott Brand Hotel Development

October 2, 2015 • Acquisitions, Central Business District, Development, Hotel & Hospitality • 5699

Dallas-based hotel developer NewcrestImage announced that they acquired the building at 1600 Canal Street, formerly known as the UNO Technology building. NewcrestImage most recently developed and sold the AC Hotel at the former Cotton Exchange building in the CBD. The company plans a total renovation of the 13 story building into a 105-key Marriott TownePlace Suites [&hellip
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New Class A Building Proposed for Canal Street

September 30, 2015 • Construction, Mid-City, Office • 6668

A developer has plans to develop a new office building on Canal Street, directly across from the new LSU-VA Hospital complex. According to the materials marketing the property, the vacant lot at 1839 Canal Street is proposed to be converted into a three story Class A office building for a total of 8,650 square feet [&hellip
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Construction Begins on $200 Million Covington Mixed-Use Development

September 28, 2015 • Construction, Northshore • 6221

Construction has kicked off on a brand new 92-acre mixed-use business and retail park on the North Shore in St. Tammany Parish, called the Versailles Business Park. Gulf States Real Estate Services closed on the land in June, and envision a CBD-like development that will house office, retail, residential, medical and hospitals. The development comes with an estimated [&hellip
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225 State Street Condos Rejected, & Other News From City Planning

September 25, 2015 • Zoning and Land Use • 8387

The City Planning Commission on Tuesday (Sept. 22) laid down some big decision regarding a variety of development proposals in different areas of the city, including a rejection of Jim McPhaille’s plan to build 48 luxury condominiums at 225 State Street. Among the other things that occurred at this week’s meeting: -McPhaille’s new development, dubbed [&hellip
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ULI Hosts Event On NOLA Development and the New CZO

September 23, 2015 • Conference • 5828

The Urban Land Institute (ULI) is hosting an event tonight that looks pretty damn awesome for anyone interested in real estate development. The ULI has put on some great events in the past, including one on financing mixed-use developments, and they recently dished out $50,000 as part of an urban planning competition for redeveloping Mid City. [&hellip
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Developer Proposes $8 Million, 55 Foot Condo Tower In Bywater Next To Piety Bridge

September 22, 2015 • Bywater, Condos, Development • 13264

New Orleans-based MK Red, the development group behind the Baker’s Row condos at the old Hubig Pie site, have revealed their next project: A high end, luxury condo tower on the Bywater Riverfront. The to-be-named project at 3200 Chartres Street sits on prime real estate, right next to the Piety Street bridge to Crescent Park, which [&hellip
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$45 Million Residential Community Breaks Ground On Westbank

September 21, 2015 • Construction, Development, Residential, West Bank • 6923

Westwego-based developer Peoples Community broke ground last week on the Westwood Crossing, a $45 million gated residential community in the 7000 block of Lapalco Boulevard in Marrero. Westwood Crossing is a gated community which consisted of 87 over sized lots. The homes average 1500 sq. ft. of living space and each come with a double car garage. [&hellip
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Will The Building Next To St. Roch Finally Be Renovated Into A Restaurant?

September 18, 2015 • Development, Marigny, Zoning and Land Use • 6014

Plans have been filed with the city that seek to turn the vacant building at 2401 St. Claude, next to St. Roch market, into a restaurant space. Arcadia Court, LLC, the entity that owns the building and whose members include St. Roch Market owners Will Donaldson and Barre Tanguis, filed a change of use permit with [&hellip
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