Canal Street Beat | New Orleans Real Estate News

96 Room Moxy Hotel on St. Charles Secures City Council Approval

March 4, 2016 • Development, Hotel & Hospitality, Zoning and Land Use • 5867

Developers of the proposed 5 story, 96 room Moxy hotel finally got their approval from the New Orleans City Council Thursday (March 3). Husband and wife Barry and Lorraine Dinvaut, along with developer Lenny Wormser, have been working for over two years to get the concept approved for the site at 744 St. Charles Avenue. They received [&hellip
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Ochsner Building New 9,000 Square Foot Emergency Room On Canal Street

March 3, 2016 • Development, Healthcare, Mid-City • 7836

Our friends at Mid-City Messenger are reporting that Ochsner Health is building a new free standing emergency room on Canal Street. The location is Oschner’s first foray in to Mid-City, and would be built at the corner of Canal Street and South Carrollton Avenue. The site currently houses a furniture store called “Sofas and Chairs” and has [&hellip
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The Broad Theater in Mid-City Opens March 4!

March 2, 2016 • Mid-City, Sports & Specialty • 7512

Knighten redeveloped the recently vacant building into a four-screen movie complex in the heart of Mid-City at 636 N. Broad St. The building’s 12,000-square-foot space features four theaters with 65 to 125 seats each. Each has the latest technologies for picture and sound and stadium seating. The building was built in 1923 and is a great example of [&hellip
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Canal Place Shopping Center Sells To New York Investors; Asking Price Was $200 Million

February 29, 2016 • Central Business District, French Quarter, Retail • 7781

New York–based O’Connor Capital Partners closed on the acquisition of The Shops at Canal Place last week, the high-end shopping mall in the Canal Place complex at the foot of Canal Street. The 260,000 square foot shopping center was owned by the Berger Company and Ogden Development. The Sellers had originally listed the complex for sale in 2014 [&hellip
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Fremaux Town Center Adds Five New Retail Tenants

February 26, 2016 • Retail, Slidell • 8996

The 350,000 square foot retail complex known as Fremaux Town Center in Slidell has added five new tenants to an already large mix of retailers. The new tenants include: Recently leased Books-A-Million will be moving from its current location at Northshore Square Mall to occupy a 7,500-square-foot space at Fremaux Town Center and is expected [&hellip
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Sidney Torres Plans Large French Quarter Development On Two Square Blocks

February 24, 2016 • Development, French Quarter • 7130

New Orleans businessman Sidney Torres IV announced his plans to redevelop the old Carmelite Monastery in the French Quarter into a mixed-use development. Torres announced yesterday that he has purchased the property from the Archdiocese of New Orleans. He was one of eight developers to bid on the site in December. The property itself is bounded by [&hellip
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Check Out the Renderings For the New Canopy Hotel by Hilton in the CBD

February 23, 2016 • Architecture & Design, Central Business District, Hotel & Hospitality • 16232

We’ve got new renderings of the new Canopy Hotel being built in the old Oil & Gas building. Last week, developer Baywood Hotels submitted plans for the hotel to the City’s Design Review committee. They are also seeking the demolition of one small building and a resubdivision of the lots. Baywood purchased the vacant building at [&hellip
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Upcoming ULI Events: Catahoula Hotel Tour; Transit Pub Crawl; The Strand Apartments

February 22, 2016 • Conference, News • 5646

The Urban Land Institute (ULI) has some really fantastic events coming up that you will want to check out. First up is Cocktails & Content on February 25, 2016, at The Strand Luxury Apartments. The event will feature a tour of the new luxury apartment development by HRI Properties, plus an overview of other HRI properties [&hellip
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Latter and Blum Expands Again; Acquires Houma Area Brokerage Firm

February 18, 2016 • Acquisitions, News, Residential • 4513

Latter & Blum Inc.’s acquisition game is strong. They just announced the acquisition of yet another brokerage in south Louisiana, Century 21 American Realty USA in Cut Off. The acquisition is Latter & Blum’s third in the Houma/Thibodaux area in the last 18 months. They’ve also acquired a Houston firm, one in Lake Charles, another one in Lake Charles, [&hellip
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Tom Leonhard Appointed CEO of HRI Properties; Kabacoff To Become Chairman

February 17, 2016 • News • 5925

HRI Properties founder and CEO Pres Kabacoff will be stepping down from the company he’s managed for 40 years to become its chairman. He will be replaced by the current president, Tom Leonhard. Kabacoff co-founded the firm in 1982 and started out with the redevelopment of the Federal Fiber Mills in the warehouse district. Since that start, [&hellip
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