Canal Street Beat | New Orleans Real Estate News

First Tenant Opens at the New 54,000 Square Foot Offices at Mid-City Market

December 31, 2015 • Mid-City, Retail • 5027

Orangetheory Fitness, a fitness studio that specializes in hour-long group interval training workouts, is the first tenant to open at the Offices at Mid-City Market, a 54,000 square foot, mixed-use complex in the burgeoning Mid-City neighborhood of New Orleans. The Offices at Mid-City Market features approximately 31,000 square feet of prime office space along with 9,000 square feet [&hellip
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Check Out Tulane’s Business School Expansion Plans [We’ve Got Renderings]

December 30, 2015 • Architecture & Design, Uptown • 12491

Tulane University’s A. B. Freeman School of Business filed plans last week for the expansion of its current building and campus, and the designs look fantastic. The new Freeman School expansion includes a 42,000 square foot addition to the two existing Freeman buildings (Goldring/Woldenberg Hall I (GWI), and Goldring/Woldenberg Hall II (GWII)) that will link the buildings to create [&hellip
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Queen & Crescent Hotel Sells For $51 Million To Dallas Investors

December 29, 2015 • Acquisitions, Central Business District, Hotel & Hospitality • 7385

The Queen & Crescent Hotel at 344 Camp Street was sold for $51.2 million two weeks ago. KBS Strategic Opportunity REIT II, which purchased the property from Northview Hotel Group of Connecticut along with Encore Hospitality of Dallas, according to Orleans Parish conveyance records. Encore paid roughly $261,200 per key for the 196-room hotel. According to the company’s website, [&hellip
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Repositioned “Galridge Center” Retail Development Nears Capacity

December 22, 2015 • Retail, West Bank • 5558

The Galridge Center, located at 3361 General Degaulle Drive in New Orleans, is already nearing capacity after confirming a number of new tenants. The Center only has two available spaces left at approximately 2,200 square feet. Developer Josh Bruno paid $1.2 million for the property last year and his budget for the development was $2.6 [&hellip
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Piazza d’Italia Down to one Developer: A Hard Rock Hotel [We’ve Got Renderings]

December 21, 2015 • Architecture & Design, Central Business District, Development, Hotel & Hospitality • 17724

The City’s plan to redevelop the vacant lots surrounding The Piazza d’Italia is down to just one developer to build on the site. The development team lead by ICD-Sitra, Crowninvest LLC and Operadora de Servicios para Hoteles de Lujo (OSHL) is the last team in the running, and has proposed a $125 million dual hotel development. Their proposal [&hellip
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Luxury Bywater Condo Project at 3200 Chartres Secures Design Approval [Renderings]

December 18, 2015 • Bywater, Condos, Development • 11084

New Orleans-based MK Red, the development group behind the Baker’s Row condos at the old Hubig Pie site, just secured design approval from the Architectural Review Committee for their luxury condo project at 3200 Chartres Street next to Crescent Park called 32HUNDRED. MK Red partner Mike Bosio told CanalStreetBeat that their “biggest influences when designing on this prominent site [&hellip
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Condo Development Proposed For Carondelet Street [We’ve Got Renderings]

December 18, 2015 • Garden District, Multi Family • 7198

Developers James Brown III and Sam Solomon of 2223 Carondelet LLC have proposed a new 18-unit condominium development near the Garden District. The condo project would be built on a 15,000-square-foot vacant lot at 2223 Carondelet Street, about a block from Jackson Avenue and St. Charles. The project would sit 52 feet tall, have four stories, and feature 28,400 [&hellip
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9 Story, Multi-Million Dollar “Canal Crossing” Development Proposed For Canal Street

December 15, 2015 • Central Business District, Development, Multi Family • 13129

Provident Realty has filed plans with the city for Canal Crossing Apartments, a nine (9) story luxury apartment building at 1551 Canal Street. Based on the renderings and plans filed with the city, 1551 Canal would feature a pool, fitness center, roof top “pet park”, a 10,000 square foot courtyard, and a 20,000 square foot [&hellip
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Check Out The $76 Million Jung Hotel Redevelopment Renderings

December 14, 2015 • Architecture & Design, Central Business District, Hotel & Hospitality • 12403

The Jung Hotel, once the largest and grandest hotel in the Southern United States, is undergoing a massive transformational redevelopment. You can check out the plans here. Joe Jaeger is the developer and The Mcdonnel Group is the contractor. Both John Williams Arhcitects and Trahan Architects have worked on the project. A complete historic restoration will preserve [&hellip
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Developers of Bywater Condo Project To Present Designs to BNA Tomorrow

December 9, 2015 • Bywater, Zoning and Land Use • 6377

The plans for the proposed $5.5 million condo development next to Crescent Park bridge at 3220 Chartres Street will be presented to the Bywater Neighborhood Association tomorrow, December 10. Developers David Fuselier and Patrick Schoen, along with architects Mathes Brierre, will be presenting their design plans for the project. You can check out the renderings here. The new [&hellip
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