Canal Street Beat | New Orleans Real Estate News

Food Port of New Orleans Breaks Ground

November 6, 2014 • Central City, Food & Beverage • 5396

Good Work Network kicks off construction of its newest project: Roux Carré, the Food Port of New Orleans. Roux Carré: The Food Port of New Orleans, is Good Work Network’s newest project. Roux Carré is an outdoor food court and gathering place that celebrates the African American, Caribbean, and Latin American traditions with culinary offerings [&hellip
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111 Iberville Hotel (Plans and Renderings)

November 4, 2014 • Construction, Development, Food & Beverage, French Quarter, Historic, Hotel & Hospitality, Renovation • 14089

Plans were filed with the city for a hotel development at 111 Iberville earlier last month. While I’m sure there will be some slight modifications to the overall plan before final approval is given, these plans give us a basic idea of what they envision for the property. Significantly, this will be the first new hotel allowed into [&hellip
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208 Bienville Development (Plans and Renderings)

November 4, 2014 • Condos, Construction, Development, French Quarter, Historic, Renovation, Residential • 10964

As part of the redevelopment of 111 Iberville Street into a new hotel, the city has required that the owners also redevelop the vacant building at 208 Bienville Street into residential units. Attached below are the architectural plans for the project: &nbsp
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First Look at The Hyatt House Hotel (1250 Poydras)

October 31, 2014 • Central Business District, Food & Beverage, Hotel & Hospitality, Investment, Renovation • 15016

Waypoint Lodging and Hyatt Hotels announced a couple weeks ago that they were bringing Hyatt House Hotel brand to New Orleans. Canal Street Beat covered that news in more depth in this article. Now we finally have an idea of the type of development they envision, since plans have now been filed with the City. [&hellip
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NORA Raises $6.7 million In Latest Property Auction

October 31, 2014 • Acquisitions, Public Finance • 5078

The city agency responsible for putting blighted buildingd back into commerce got bids on all properties it was auctioning off last weekend, for a total estimated $6.7 Million. In this auction, NORA sold off 88 houses and 41 vacant lots. These were all sold with no minimum bid! The New Orleans Redevelopment Authority (NORA) has been [&hellip
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The Pythian’s (234 Loyola Ave) Plans Have Arrived!

October 30, 2014 • Central Business District, Community Development, Development, Historic, Multi Family, Renovation, Residential • 18937

Green Coast Enterprises finally closed on the building at 234 Loyola Ave (former Higgins Industries Building) last month and it looks like development will move quickly. To learn more about the project itself and the developers, check out this article from Canal Street Beat written last December. Below are the plans that were filed with [&hellip
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ULI Building Tour: Gallier Court Mixed Use Development (PICS!)

October 30, 2014 • Central Business District, Conference, Development • 8719

The Urban Land Institute of Louisiana (ULI) is holding a first-glance tour of 129 Carondelet, an adaptive re-use, mixed-use development off of Canal Street known as Gallier Court. Gallier Court is a mixed-use development encompassing the historic building at 127-129 Carondelet Street in the Central Business District of New Orleans. The building was built in the [&hellip
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Check Out The Plans for Bayou Wine Garden

October 29, 2014 • Development, Food & Beverage, Mid-City, Renovation, Zoning and Land Use • 9289

Popular Mid-City bar Bayou Beer Garden plans a wine expansion next to their existing facility. Check below for the plans and renderings that were filed with the city this month. &nbsp
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St. Peter & Paul Church Complex Gets Zoning Approval

October 29, 2014 • Development, Zoning and Land Use • 7096

On Tuesday, the New Orleans City Planning Commission gave developers approval to move forward with a zoning change that would allow the St. Peter and Paul Church Complex on Burgundy to be converted into a 71 key hotel. The City Council still has to approve the measure. The developers include Nathalie Jordi, a Tulane MBA and Marigny resident, [&hellip
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Westbank Shopping Center Sells For $18,500,000

October 28, 2014 • Acquisitions, Retail, West Bank • 6000

Manhattan Place shopping center in Harvey has been purchased by the World Class Capital Group for $18.5 million, reports Nola.com Marketing documents obtained by CanalStreetBeat claim that the shopping center had net operating income in 2011 of $1,870,170, meaning it was purchased at a roughly 10% cap rate. At 281,614 square feet, the building sold for [&hellip
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