Canal Street Beat | New Orleans Real Estate News

Claiborne Gas Station Approved For More Retail

May 12, 2015 • Retail • 4955

The Super Discount Gas station at the corner of Toledano and South Claiborne Avenue has been approved to demolish the convenience store and rebuild a new building with more retail, reports our friends at the Uptown Messenger. The new proposed structure will feature two retail bays, one for a restaurant and another for a car mechanics shops. Uptown Messenger [&hellip
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New 122 Room Boutique Hotel Planned For Mid-City

May 11, 2015 • Development, Hotel & Hospitality, Mid-City • 7233

Developer Dr. Narinder Gupta has plans to transform a vacant five-story building across from the $2 billion Mid-City hospital complex into a new boutique. The 47,000-square-foot building has been on the market for years. The building has been vacant since Hurricane Katrina. Gupta purchased the building in 2013 for $800,000 from Iberia Bank. The above Loopnet listing indicates that [&hellip
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Baker’s Row Condos At Hubig’s Pie Site Gets City Council Approval

May 8, 2015 • Marigny • 5636

Just weeks after the City Planning Commission approved the new plans for the Baker’s Row Condos at the former Hubig’s Pie site, on Thursday May 7, the City Council approved the final redevelopment plans for the eight-unit condominium complex. The conditional use permit that allows a higher density for the development was approved by unanimous vote. The [&hellip
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Sore Losers or Do They Have A Point? Developers Who Lose World Trade Center Bid Sue City

May 7, 2015 • Central Business District, Hotel & Hospitality, Legal, News • 6325

One of the groups competing for the right to redevelop the city-owned World Trade Center has sued the city and asked the judge to scrap the process that just concluded in awarding the building to developers that will convert it to a Four Seasons. Two Canal Street Investors, made up of the Valencia Group of [&hellip
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Is Living in New Orleans Getting Too Expensive?

May 7, 2015 • Residential • 5172

The housing market was booming in 2014, and things in 2015 look like they are off to a good start. Jobs are being created, millennials are moving to town, and new businesses are opening up – all of that means demand is going up and despite big projects like the South Market District, new supply [&hellip
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Check Out ULI’s Upcoming Conference On 10 Years of Development After Katrina

May 5, 2015 • Conference • 5819

The Urban Land Institute of Louisiana (“ULI”) will be hosting a two day conference on the state of real estate development ten years after Katrina. The ULI is bringing together several groups from the region, includingULI Louisiana, ULI Memphis, ULI Nashville, and ULI Atlanta, for a 2 day conference in June. The conference will highlight the progressive [&hellip
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Construction Begins on Historic Rehab of “Permanently Affordable” Apartment Development

May 4, 2015 • Community Development, Development, Mid-City, Multi Family • 6452

Developer Alembic Community Development, in partnership with the Jane Place Neighborhood Sustainability Initiative (JPNSI) and Crescent City Community Land Trust, have announced that construction has started on 2739 Palmyra Street, a permanently affordable housing development in the Lower Mid-City neighborhood of New Orleans. Alembic, well-known throughout the community for their award-winning work on the Myrtle Banks redevelopment, served as [&hellip
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New Walgreens Development Coming to New Orleans East

April 30, 2015 • Construction, Development, New Orleans East • 8201

Plans have been filed by developer Gordon Kolb of GHK Developments for a new Walgreens development in New Orleans East. The new store will be located at 5702 Crowder Blvd and feature a drive-through pharmacy. The proposed structure will have almost 15,000 square feet, and 52 parking spaces. G.H.K. Developments, Inc. has developed almost three [&hellip
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12 More Stores Announced for Phase II of Fremaux Town Center Development

April 29, 2015 • News • 9166

Co-developers Stirling Properties and CBL & Associates Properties, Inc. officially announced twelve additional new tenants coming to Fremaux Town Center in Slidell, Louisiana. Anchored by the 128,000 square-foot Dillard’s, the second phase of this development will include approximately 285,000 square feet of additional retail space, including previously announced tenants Red Robin, Zales, Francesca’s and Aveda. Construction [&hellip
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We’ve Got Plans for the New Joie de Vivre Hotel At The Old Rault Center

April 29, 2015 • Architecture & Design, Central Business District, Development, Hotel & Hospitality, News • 9501

Led by developer Lisa Blank, Slumber Corners NOLA LLC, has plans to turn the vacant Rault Center tower at 1111 Gravier St. into a boutique hotel with the Joie de Vivre flag. The hotel will feature 185 keys, a restaurant and lounge on the ground floor, a second-floor lobby and a rooftop space. Blank purchased the building for $5.5 [&hellip
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