Canal Street Beat | New Orleans Real Estate News

Turnbull Bakery Redevelopment Moves Forward

May 28, 2015 • Development, Lower Garden District, Multi Family • 7825

A plan by a local developer to redevelop the old Turnbull Bakeries site in the Lower Garden District into 17 single family homes was approved by the City Planning Commission and sent to the New Orleans City Council, report our friends at the Uptown Messenger. Developer Nicole Weber will be transforming the former production facility for Melba Toast [&hellip
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NOLA Developer Josh Bruno Expands Investments Across the United States

May 27, 2015 • Acquisitions, Commercial, Development • 9297

New Orleans-based Bruno, Inc. is continuing to expand its acquisitions and development throughout the country. Company President Josh Bruno currently splits his time between New Orleans and Miami– with other members of the team in Los Angeles as well– and has major expansion plans outside both of his home base locations. Bruno, Inc. has developments [&hellip
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H&M Opens 22,000 SF Store at Oakwood Center Mall in Gretna

May 26, 2015 • Retail, West Bank • 8998

As we reported back in March, fashion retailer H&M has finally opened in Oakwood Mall in Gretna. H&M made its New Orleans debut back in 2013 in the french quarter. The new location features 22,000 square feet of space and employs 30 people. Oakwood Center is a 360,000 square foot mall owned by retail giant General [&hellip
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Loews State Palace Theater To Be Redeveloped, Asking $42 PSF For Retail

May 22, 2015 • Central Business District, Retail • 12858

The State Palace Theater is reportedly ready to be redeveloped, and the owner is asking $42 per square foot for ground floor retail space on Canal Street, according to a property listing. The 1920s Canal Street theater that’s been out of commission since Katrina was purchased last year for $3.5 million by real estate developer Gregor Fox. The proposed redevelopment offers 9,263 square [&hellip
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Joe Jaeger Expands Empire, Buys UNO’s Metairie Campus For $5.3 Million

May 21, 2015 • Acquisitions, Jefferson Parish, Office • 9447

Joe Jaeger, the real estate developer and entrepreneur, has purchased a four-story building at 3330 North Causeway Boulevard in Metairie that formerly housed University of New Orleans’ Metairie campus, reports nola.com Jaeger bought the 56,000 square foot property at an auction last month for $5.3 million, over the appraised valeu of $4.5 million. According to the article, [&hellip
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South Market District’s Anchor Commercial Tenant ‘Arhaus’ To Open June 26

May 20, 2015 • News • 5347

The $250 million mixed-use development known as the South Market District will see its anchor commercial tenant, furniture store Arhaus, open June 26. This will be the 57th store for the Cleveland-based Arhaus, which will join commercial tenants like Blaze Pizza, Willa Jean Bakery, Barre3, and Ursa Major. The development will eventually include 600 apartments, 170,000 square feet [&hellip
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Is There A New “Trade District” & MGM Grand Hotel Coming to the Riverfront?

May 20, 2015 • Development, Hotel & Hospitality, Lower Garden District, News • 22987

Earlier this year, the Convention Center issued a “request for interest” from developers for the redevelopment of 47 acres of unused land on the River owned by the Ernest N. Morial Convention Center into a massive mixed-use district that would featured shopping, hotel, residential, and entertainment. A group of developers vying to become Master Developer for [&hellip
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Fanciest Waffle House Ever Coming to NOLA

May 19, 2015 • Mid-City, Retail • 7407

The “fanciest Waffle House ever built” is coming to 2500 Canal Street, near the new medical campus. The new restaurant will include a 420 square-feet “bistro courtyard.” According to Waffle House real estate executive Bob Pence, no other Waffle House in America has a feature like this one. Our friends at Mid City Messenger have the [&hellip
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Is Pontchartrain Beach About to Reopen?

May 18, 2015 • Parks & Public Spaces, Sports & Specialty • 8383

A new proposal has surfaced that would reopen Pontchartrain Beach as a recreational facility. The New Orleans Advocate reports that the Lake Pontchartrain Basin Foundation has a plan to reopen and manage the beach area, which would include a swimming area and educational features, but no amusement rides. Pontchartrain Beach has been vacant and dormant for more [&hellip
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City Starts Process To Develop Prime Piazza d’Italia Location

May 14, 2015 • Central Business District, Development, Hotel & Hospitality, Public Development • 8182

Fresh off the heels of inking the deal to redevelop the World Trade Center site, the City is now seeking proposals to redevelop the site located at 542 Tchoupitoulas Street and 545 South Peters Street, parking lots known around town as the Piazza d’Italia site. The lot at 542 Tchoupitoulas Street is a 150-space surface parking lot [&hellip
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