Canal Street Beat | New Orleans Real Estate News

Martin Wine Cellar To Reopen Baronne Street Next Week

December 3, 2014 • Retail • 4149

Martin Wine Cellar at 3827 Baronne Street will reopen next week, according to a report by Uptown Messenger. The store has been closed since Katrina. Earlier this year, owner Cedric Martin announced that renovations were under way, and that they would open in 2014. True to his word, Martin told Uptown Messenger yesterday that construction is almost complete and [&hellip
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Stirling Properties Continues Expansion; Opens New Office in Pensacola

December 2, 2014 • Acquisitions, Awards & Recognition • 5726

With $276 million under development, including a second phase of Fremaux Town Center, Mandeville- based brokerage firm Stirling Properties has been on a tear. So it should comes as no surprise that they’ve just announced the opening of a new office in Pensacola, Florida. This new office comes on the heels of their gulf coast expansion that got [&hellip
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Ambassador Hotel Rebrands As The Old No. 77 Hotel & Chandlery After $14MM Reno

December 2, 2014 • Central Business District, Hotel & Hospitality • 9706

The old Ambassador hotel, under new ownership of Provenance Hotels and GB Lodging, will reopen as the The Old No. 77 Hotel & Chandlery in the Spring after a $14 million renovation. The owners bought the hotel at Tchoupitoulas and Lafayette streets last year from hotelier Warren Reuther. The property underwent a full renovation, including an expansion to 167 rooms. “We [&hellip
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New French Quarter Hotel Proposal Moves Forward

December 1, 2014 • French Quarter, Hotel & Hospitality, Zoning and Land Use • 5281

The Vieux Carre Commission’s Architectural Committee granted “conceptual approval” to a plan that aims to convert a vacant 19th century riverfront building into the new French Quarter hotel, over the objection of many French Quarter residents. This is the first step of several in the process of obtaining permission to make changes to a building [&hellip
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Big Real Estate Networking Event Coming Up Next Week

November 26, 2014 • Conference • 4904

The International Council of Shopping Centers (ICSC) will be holding its first New Orleans real estate networking event on December 2, 2014, in partnership with the Urban Land Institute, Commercial Real Estate Women, and the CCIM Institute. The event will take place December 2, 2014 at the Loews New Orleans Hotel, beginning at 3:30 pm. Founded in [&hellip
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Plans for New Parking Garage at 412 O’Keefe Avenue

November 24, 2014 • Central Business District, Development, Zoning and Land Use • 24918

Plans were submitted with the city this week for a conditional use to allow a standalone parking garage at 412 O ‘Keefe Avenue. The garage is planned for the rest of the block bordered by Penn Street, O’Keefe Avenue and Perdido Street. Here’s a view of the surface parking lot that is currently there: [&hellip
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Marigny Church Complex Gets Final Approval For Boutique Hotel

November 24, 2014 • Hotel & Hospitality, Marigny, Zoning and Land Use • 7342

The St. Peter & Paul Church complex in the Marigny got New Orleans City Cuuncil approval for a zoning change last week, just weeks after developers got the same nod from the City Planning Commission. The developers, Nathalie Jordi and Ari Heckman, have plans to turn the church complex into a 71 key boutique hotel. The [&hellip
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Loews New Orleans Hotel Completes $4 Million Renovation

November 24, 2014 • Central Business District, Hotel & Hospitality • 5124

The Loews New Orleans Hotel has competed a $4 million guest room and restaurant renovation. Following three months of remodeling, the 285-room hotel now boasts updated guest rooms and suites, refreshed corridors and a sleek, modern look in Café Adelaide. In 2013, Illinois-based Inland American Lodging Group, Inc. acquired the 285 key, 21-story Loews New Orleans Hotel for [&hellip
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Pan-American Life Signs 10 Year Lease Extension at Poydras HQ

November 21, 2014 • Central Business District, Office • 5231

Stirling Properties and Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, announced yesterday that they have renewed the lease on their 601 Poydras Street corporate headquarters office space through 2024. “601 Poydras has been home to Pan-American Life’s corporate headquarters since 1981,” explained José S. Suquet, Chairman of [&hellip
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World Trade Center Opportunity Draws 11 Developers

November 20, 2014 • Development, Hotel & Hospitality, Public Development • 7071

The vacant former World Trade Center building in New Orleans is getting ready to be redeveloped into a new riverfront property as developers bid to the city’s request for qualification. The city requires the existing building to remain and desires the space to be used as a first class commercial and/or mixed-use project, which may include a [&hellip
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