Canal Street Beat | New Orleans Real Estate News

Ambassador Hotel Rebrands As The Old No. 77 Hotel & Chandlery After $14MM Reno

December 2, 2014 • Central Business District, Hotel & Hospitality • 9866

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 • 5488

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 • 5045

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 • 25159

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 • 7502

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 • 5229

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 • 5438

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 • 7217

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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Cambria Hotel and Suites Plans and Renderings (632 Tchoupitoulas Street)

November 19, 2014 • Architecture & Design, Development, Food & Beverage, Hotel & Hospitality, Warehouse District, Zoning and Land Use • 13951

The Cambria Hotel and Suites proposed at 632 Tchoupitoulas Street has undergone some modifications as a result of the height waiver compromise reached with the city council. Originally, the proposal was for a 9 story and 4 story segment. Under the new scheme the entire building will be 7 stories. Heres the description of [&hellip
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Tomorrow at the Westin: Everything You Need To Know Real Estate Development In NOLA

November 18, 2014 • Conference • 4003

The Urban Land Institute (ULI) will hold its annual “What’s Really Going On?” conference in New Orleans tomorrow at the Westin Canal Place. The conference features a panel discussing all of the development trends and projects under construction and planned for the immediate future throughout the city. They also give out a really great document [&hellip
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