Canal Street Beat | New Orleans Real Estate News

South Market District’s Anchor Commercial Tenant ‘Arhaus’ To Open June 26

May 20, 2015 • News • 5113

The $250 million mixed-use development known as the South Market District will see its anchor commercial tenant, furniture store Arhaus, open June 26. This will be the 57th store for the Cleveland-based Arhaus, which will join commercial tenants like Blaze Pizza, Willa Jean Bakery, Barre3, and Ursa Major. The development will eventually include 600 apartments, 170,000 square feet [&hellip
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Is There A New “Trade District” & MGM Grand Hotel Coming to the Riverfront?

May 20, 2015 • Development, Hotel & Hospitality, Lower Garden District, News • 22314

Earlier this year, the Convention Center issued a “request for interest” from developers for the redevelopment of 47 acres of unused land on the River owned by the Ernest N. Morial Convention Center into a massive mixed-use district that would featured shopping, hotel, residential, and entertainment. A group of developers vying to become Master Developer for [&hellip
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Fanciest Waffle House Ever Coming to NOLA

May 19, 2015 • Mid-City, Retail • 7022

The “fanciest Waffle House ever built” is coming to 2500 Canal Street, near the new medical campus. The new restaurant will include a 420 square-feet “bistro courtyard.” According to Waffle House real estate executive Bob Pence, no other Waffle House in America has a feature like this one. Our friends at Mid City Messenger have the [&hellip
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Is Pontchartrain Beach About to Reopen?

May 18, 2015 • Parks & Public Spaces, Sports & Specialty • 8145

A new proposal has surfaced that would reopen Pontchartrain Beach as a recreational facility. The New Orleans Advocate reports that the Lake Pontchartrain Basin Foundation has a plan to reopen and manage the beach area, which would include a swimming area and educational features, but no amusement rides. Pontchartrain Beach has been vacant and dormant for more [&hellip
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City Starts Process To Develop Prime Piazza d’Italia Location

May 14, 2015 • Central Business District, Development, Hotel & Hospitality, Public Development • 7883

Fresh off the heels of inking the deal to redevelop the World Trade Center site, the City is now seeking proposals to redevelop the site located at 542 Tchoupitoulas Street and 545 South Peters Street, parking lots known around town as the Piazza d’Italia site. The lot at 542 Tchoupitoulas Street is a 150-space surface parking lot [&hellip
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HRI Properties Did $171.1 Million in Revenue in 2014, Reports Website

May 13, 2015 • News • 5667

HRI Properties brought in $171 million in revenue in 2014, and has seen three year growth of 75%, according to New Orleans CityBusiness. You can read the full article here. HRI is a full service real estate firm that develops residential, hotel, and commercial properties nation-wide. Their recent deals in New Orleans include a recently opened [&hellip
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36 Unit Magazine Street Mixed-Use Development Moves Forward

May 13, 2015 • Development, Lower Garden District, Magazine Street, Multi Family • 6010

Developer and real estate investor Tom Winingder’s plan to build a mixed-use building in the lower garden district was unanimously approved by the City Planning Commission Tuesday, May 12, 2015. The development will feature 36 residential units, 4,100 square feet of retail space and 54 parking spaces for a total of 52,000 square feet. The vacant [&hellip
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Claiborne Gas Station Approved For More Retail

May 12, 2015 • Retail • 5483

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 • 7914

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 • 6549

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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