Canal Street Beat | New Orleans Real Estate News

208 Bienville Development (Plans and Renderings)

November 4, 2014 • Condos, Construction, Development, French Quarter, Historic, Renovation, Residential • 11153

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 • 15229

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 • 5202

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 • 19261

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 • 8919

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 • 9423

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 • 7269

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 • 6148

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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Retail Watch: Barre3 to Open in South Market; Willie Mae’s Scotch House Opens Uptown

October 27, 2014 • News, Retail • 5769

There’s been a lot of retail activity this year, from West Elm, LD Linen’s and Decor, and Maysville on Magazine Street; to new South Market District tenants like Blaze Pizza and Magasin. And now we’ve got a few more for you: James Beard Award winner Willie Mae’s Scotch House is set to open a new location in Uptown [&hellip
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HRI Secures $150 Million Investment For Future Projects; Plans On Going Public

October 24, 2014 • Finance & Lending, News • 6007

HRI Properties has secured an investment from a New York investment group that it will use to fund future developments after doubling its income in 2013 from $98 million to $200 million. The New Orleans-based real estate development and property management firm landed a $150 million investment from Almanac Realty Investors. “The projects that HRI creates [&hellip
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