Canal Street Beat | New Orleans Real Estate News

Cotton Exchange To Be Rebranded as AC Hotel After $12 Million Renovation

September 19, 2014 • Hotel & Hospitality • 4791

As we reported back in 2013, the Cotton Exchange will be rebranded as an AC Hotels by Marriott hotel in October, marking the European brand’s entry into the U.S. hotel market. New Orleans was a natural choice for the brand. According to Melisa Kennedy, general manager of The Cotton Exchange, Marriott was searching for a city [&hellip
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Mixed Use Development Planned for 628 Baronne Street

September 17, 2014 • Central Business District, Commercial, Food & Beverage, Historic, Multi Family, Renovation, Residential • 11042

Plans were filed with the city last week for a renovation of 628 Baronne Street. Expect more street level commercial with apartments above. Also, 628 Baronne Street was the site of a massive fire in 2010 . Stabilization of the buildings facade and ground work has been ongoing. Permit description: “Interior build-out of 10 new apartment [&hellip
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O’Keefe Plaza Hotel to be Rebranded into a Holiday Inn Express

September 17, 2014 • Central Business District, Hotel & Hospitality, News, Renovation • 13705

Renovation permits were filed this week with the City of New Orleans for the O’Keefe Plaza Hotel located at 334 O’keefe Avenue in the CBD. Permit Description: “Hotel Renovation guest rooms finishes, lobby and breakfast area modifications, roof structural modifications, paint the exterior wall surfaces, minor site work” According to the construction documents, the [&hellip
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First Look at the Proposed Avenue Oaks Hotel (1500 St Charles Ave)

September 16, 2014 • Development, Food & Beverage, Garden District, Hotel & Hospitality • 7820

Plans filed today with ARC Committee for the City of New Orleans show the proposed master plan for the Avenue Oaks Hotel. This will be an expansion and renaming of the current Prytania Park Hotel. Owned by the Halpern family the project will be constructed in two Phases. Heres what the corner currently looks like: [&hellip
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Is J Crew Coming To Magazine Street?

September 16, 2014 • Magazine Street, Retail, Uptown • 8757

According to several listings, it looks like the owners of 3823 Magazine Street are looking to lease the 3,450 square foot property for $25 per square foot on a triple net basis. We found new architectural drawings filed with the city that show a completely renovated building into what looks like a high-end space for [&hellip
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Check Out the Plans for “The Manor On Magazine” Restaurant Coming to 3607 Magazine Street

September 12, 2014 • Food & Beverage, Magazine Street, Renovation • 7175

This past April the owners of Sylvain Gastro Pub in the French Quarter closed on the former Duke Morgan Spa located at 3607 Magazine Street. At the time, they announced plans to open a concept called ” The Manor on Magazine” by the end of the year. Now thanks to permits filed with the city [&hellip
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Is this the first Restaurant Tenant for South Market District’s The Paramount? (Updated with Plans)

September 12, 2014 • Central Business District, Food & Beverage, News • 12439

While nothing official has been announced from Domain, it appears that Blaze Pizza is going to be one of the restaurants located on the first floor of The Paramount. A permit was filed last week with the city that seems to corroborate this: 611 Okeefe Ave, Unit C-9·Renovation (Non-Structural) Type: Renovation (Non-Structural) [&hellip
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New Apartments/Commercial Coming to 326 Camp Street

September 10, 2014 • Central Business District, Historic, Multi Family, Renovation, Residential • 15596

Last month a permit was applied for to convert two buildings at 326 and 330 Camp Street. The two buildings are actually interconnected and date back to the 1850s, one of them being the original headquarters for the Times Picayune Newspaper. Permit description: “Conversion of a vacant commercial building to a 9 unit [&hellip
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$24 Million, 89 Unit Multifamily Conversion Coming to French Quarter

September 10, 2014 • French Quarter, Multi Family • 8492

Word on the street is that a national developer that owns the former Maison Blanche annex at 939 Iberville St. have plans to redevelop the vacant building into an 89 unit apartment building. The Vieux Carrè Commission’s architectural board is reviewing the plans of the French Quarter Apartments Limited Partnership, which owns the property. The renovation would include [&hellip
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Jaeger Buys 45-Story Plaza Tower, Third Tallest Building in Louisiana

September 9, 2014 • Acquisitions, Central Business District • 11101

New Orleans’ third tallest building, which has sat unused for a dozen years, has been sold. JSW Plaza Tower was sold last week to local developer Joe Jaeger Jr. through his company Alexandra Land and Development LLC, according to court records. The building has been unused since 2002 because of environmental problems such as toxic mold and asbestos. According [&hellip
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