Canal Street Beat | New Orleans Real Estate News

Pan American Building Adds New Starbucks, Tsunami Sushi, And More Retailers

May 27, 2016 • Central Business District, Retail • 7702

The first floor of the Pan American Life Center at 601 Poydras St. got an upgrade this year with the conversion of 15,000 square feet of conference space into retail and restaurant space. Building owner Stirling Properties just announced that the new Starbucks held a soft opening yesterday. They are also anticipating the opening of [&hellip
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600-Foot-Long “Bioswale” Planned for Coliseum Square Park

May 25, 2016 • News • 15142

The Sewerage and Water Board publicly announced its plan to create a 600-foot-long bioswale in Coliseum Square Park at a neighborhood meeting last week, according to our friends at the Uptown Messenger. The bioswale is a drainage course or trench planted with local vegetation that filters and stores rainwater. The goal is to assist with storm water management by [&hellip
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Check Out the New Baker’s Row Condos Tonight At Former Hubig’s Pie Site

May 24, 2016 • Architecture & Design, Condos, Conference, Marigny • 6483

The Urban Land Institute (ULI) and developer MK Red are hosting a “Cocktails and Content” event tonight at the new Baker’s Row development on the former Hubig’s Pie site. Developers Kyle Resmondo and Michael Bosio developed Baker’s Row at the site of the former Hubig’s Pie Factory. Located in the heart of the Marigny at [&hellip
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HRI Properties Pulls in $220 Million in 2015, Website Reports

May 23, 2016 • News • 4693

HRI Properties, the New-Orleans based real estate development and management firm, generated $220 million in revenue in 2015. Apparently, HRI Properties confirmed to CityBusiness (paywall) that that figure is up 46% from $170 million in 2014. The 2,000 person firm founded in 1989 be Pres Kabacoff has undergone significant changes recently as it continues to grow into a [&hellip
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Controversial Bywater Hostel ‘Stateside’ Secures Council Approval

May 20, 2016 • Bywater, Development, Hotel & Hospitality • 6626

After the City Planning Commission unanimously rejected a controversial proposal for an upscale hostel in Bywater in March, they approved developer Ted Kelso’s plans for a hostel by a 6-1 vote yesterday, May 19, 2016. Kelso went back to the drawing board after March’s meeting, hired a new design firm, Studio WTA, and scaled back his [&hellip
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New 13,000 SF CVS Pharmacy To Open in Lower 9th Ward

May 19, 2016 • 9th Ward • 7353

CVS Pharmacy will open a new 13,225 square foot facility in the Lower 9th Ward today. The new building at 5000 N. Claiborne Ave. is the first national retailer to open in the Lower 9 since Katrina. The company broke ground on the building in August 2015. The developer, First Hartford Corp., received tax breaks from the city’s Industrial [&hellip
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New Orleans Tech Company Moves Into 43,000 Square Foot Old Times-Picayune Building

May 16, 2016 • News • 6598

Computrols, which began providing first-rate professional technical service for large building automation systems in 1983, has purchased and will be moving into the former Times-Picayune building on the West Bank. The company spent $1.4 million in March to purchase a 43,000-square-foot office and warehouse space at 2520 Belle Chasse Highway in Gretna. The facility features 10,000 square [&hellip
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Tulane Medical Center To Get $6M Renovation, Including New Specialty Unit

May 13, 2016 • Central Business District, Healthcare • 4578

Tulane Health System said in a news release Wednesday that it’s downtown New Orleans Tulane Medical Center will start on a $6 million renovation. The renovation includes a brand new bone marrow transplant unit, which will add eight rooms and private bathrooms and showers, a secure water supply, and an exercise and fitness facility for patients. The [&hellip
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New 17-Story Hotel Near Convention Center Gets HDLC Approval

May 12, 2016 • News • 5585

The proposed hotel at 1148 S. Peters St. by developers Clayton Randle and David Hecht secured unanimous approval from the Historic District Landmarks Commission this week. Just last month, they secured a waiver from the Board of Zoning Adjustments to build up to 17 stories. The entire project would include 200,000 square feet in two separate hotels, with about [&hellip
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Hard Rock Hotel Deal At Piazza d’Italia Is Dead

May 11, 2016 • News • 5187

The City’s plan to redevelop the vacant lots surrounding The Piazza d’Italia in to a Hard Rock Hotel is dead. The City announced yesterday (May 10) that the Canal Street Development Corp., the city entity that owns the land, failed to reach a deal with Hard Rock hotel developer ICD-Sitra. Apparently, negotiations between the two sides [&hellip
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