Canal Street Beat | New Orleans Real Estate News

How Will The New Zoning Ordinance Will Impact Music and Culture in NOLA?

January 21, 2015 • Conference, Zoning and Land Use • 3062

Our friends over at the Music and Culture Coalition of New Orleans are holding a meeting today to discuss how the Comprehensive Zoning Ordinance has–and will–impact music and cultural traditions in New Orleans, and discuss what changes still need to be made to ensure we finally have a zoning ordinance that encourages and supports our culture, rather [&hellip
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Curious About the State of Real Estate Finance in NOLA? Here’s The Chance To Hear From Heavy Hitters

January 20, 2015 • News • 4028

The New Orleans chapter of Commercial Real Estate Women (CREW) has hosted some great events over the last year, including a behind-the-scenes tour of the Hibernia Tower development, an inside look at the future of the Bywater, and a primer on Tax Credit finance. CREW is back at it again next week with en event on [&hellip
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Granaio Lofts Is Back, Developer Seeking High End Restaurant Tenant

January 19, 2015 • Central Business District, Development, Food & Beverage • 8895

Developer Josh Bruno is back again, working on a new proposal for his $20 million Granaio Lofts Project in the Warehouse District that was shot down by the City Council last year. Bruno is seeking a high end restaurant and bar to go into a 6,500 square foot retail space at the bottom of the [&hellip
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Plans and Renderings For the New St. Bernard Project Headquarters!

January 16, 2015 • BioDistrict, Community Development, Mid-City • 7329

Plans were filed with the city recently for St Bernard Project’s new headquarters. The new building will be located at 2645 Toulouse Street in Mid city and is part of larger redevelopment of the block that was written about here. Also of note, the soon to open Lafitte Greenway will be across the street. Check out plans and [&hellip
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$64 Million, 19 Acre Movie Studio Gets Tax Break From City

January 16, 2015 • Finance & Lending, Public Finance, West Bank • 10155

A New Orleans-born Hollywood movie producer plans to turn a 19-acre former railroad yard into a $63.5 million film and television production facility in Algiers. This week, developer Scott Niemeyer was granted a property tax abatement to keep the project moving. This week, the Industrial Development Board granted the developer a payment in lieu of taxes (PILOT) for [&hellip
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New York Investor Acquires Both Renaissance Hotels For $35 Million

January 16, 2015 • News • 6133

New York real estate investor Richard Hadar, through his company Richard Hadar Funding, has purchased the Renaissance New Orleans Arts Hotel at 700 Tchoupitoulas St. and the Renaissance Pere Marquette Hotel at 817 Common St. for nearly $35 million, according to city records. Clearview Hotel Capital was the seller of both hotels, which had recently acquired them in 2013 [&hellip
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New Orleans’ First Live Escape Game, ‘Clue Carre’, Opens in CBD

January 15, 2015 • Central Business District, Sports & Specialty • 8399

Recently, New Orleans’ first live escape game, Clue Carre’, opened at 337 Baronne Street. Whats Clue Carre’? According to the company, Clue Carré is New Orleans’ First Live Escape Game. You and your friends, family, or colleagues are locked in a room together. Your goal? Find the clues, crack the code, and solve the puzzles [&hellip
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Lakefront Condos in New Orleans are picking up…Things are selling…

January 15, 2015 • News • 10097

Condo sales are picking up in condos that are near the New Orleans Lakefront. Most of these can be found in Lakeview around Lake Marina Drive and in Jefferson Parish on Old Hammond Highway. For the longest time things were very slow following Hurricane Katrina. There was a lot of units for sale for several [&hellip
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A New $.01 Sales Tax For Riverfront Development?

January 15, 2015 • Central Business District, Legal, Public Finance • 4279

Nola.com reports that City Councilwoman LaToya Cantrell is drafting legislation that would put a 1-cent sales tax on products sold at the Riverwalk Mall, apparently with support from the mall owners. The money raised would go towards supporting public infrastructure repairs in the area for things like pipes, streets, and sidewalks. The articles reports that this would be a component [&hellip
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Urban Land Institute Picks NOLA For $50,000 Competition

January 14, 2015 • News • 5987

A site in downtown New Orleans has been chosen as the site for the 13th annual Urban Land Institute (ULI) Hines Competition. The competition provides students with the opportunity to devise a comprehensive design and development program for parts of the Tulane/Gravier and Iberville downtown neighborhoods. The team with the winning proposal will be selected in [&hellip
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