Canal Street Beat | New Orleans Real Estate News

New Orleans Condos….How do Common Areas and Amenities Effect the Value of your Condo..?

August 20, 2014 • Condos • 6528

Besides Location, Condition, Size and Parking in the New Orleans Condo Market; Common Areas are becoming a more important factor in value and in demand. More people want areas where they can relax without going outside the complex. These amenities are courtyards, pools, gyms, lobbies, atriums and things that add to the pleasure of condo [&hellip
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Prime Fitness Opens 3,000+ Square Foot Facility in Warehouse District

August 18, 2014 • News • 9037

Fitness facility and work out gym Prime Fitness RX has opened its doors in the warehouse district of downtown New Orleans. Prime Fitness is one of the three new retail tenants going in at the newly redeveloped 607 Julia Street. The 3,000+ square foot facility will the warehouse districts first large work out facility. But [&hellip
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DDD Launches Call To Redesign Public Parking Spaces Downtown

August 18, 2014 • Central Business District, Parks & Public Spaces • 6791

The Downtown Development District (DDD) along with New Orleans Arts District and Tulane City Center have issued an open call to artists, designers, architects, urban planners and local activists to submit design proposals to be constructed for New Orleans’ PARK(ing) Day. PARK(ing) Day is an annual, open-source global event where citizens, artists and activists collaborate [&hellip
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Faubourg Freret Mixed-Use Development Coming to Freret

August 15, 2014 • Development, Multi Family, Uptown • 8160

Arnold Kirschman, the developer that bought the old Frank’s Steakhouse building on Freret, has demolished the structure and plans to build a mixed-use development on the site. The Faubourg Freret is a new mixed use development on Freret Street with 13,300 SF of ground floor retail space and 30+ apartments on upper floors. The development will include [&hellip
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Holy Cross Development In Doubt After Court Ruling

August 14, 2014 • 9th Ward, Development, Legal • 6186

Will the redevelopment of the old Holy Cross into a mixed-use development ever happen? It seems a bit less likely after a ruling this week by an Orleans Parish Civil District Court judge. On Wednesday, Judge Piper Griffin found that the zoning change permitting the development was improperly filed and invalidated it it on a technicality. [&hellip
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Cafe Habana (aka Habana Outpost) Files New Permits

August 13, 2014 • Development, Food & Beverage, French Quarter, Historic, News • 8937

Looks like Habana Outpost or Cafe Habana is back on. The following description accompanied the most recent permits filed on August 13th for 1040 Esplanade Avenue. ” VCC submission for the renovation of existing structures located at 1040 Esplanade and rampart street to house a new restaurant – Cafe Habana. The current property is mixed [&hellip
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Chef Adolfo Garcia Purchases O.C. Haley Building For New Restaurant

August 13, 2014 • Acquisitions, Retail • 7108

New Orleans restaurateur Adolfo Garcia has purchased a building on Oretha Castle Haley Boulevard for his next venture, reports Uptown Messenger. Garcia and partners bought the former child care center at 1800 Oretha Castle Haley Boulevard in June, with plans to convert its first floor into a restaurant. The restaurant will be 3,000+ square feet with at least [&hellip
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Flashback: Watch The Ugliest Hotel in New Orleans Explode

August 12, 2014 • Central Business District, Construction • 13240

The 17 story former Grand Palace Hotel on the upper end of downtown’s Canal Street was imploded on July 22, 2012 with a reported 400 tons of explosives. Skip to 1:49 for the explosions and 1:54 the actual implosion. The building was demolished to make way for the new University Medical Center, the hospital being [&hellip
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New Condo Conversion Coming to French Quarter

August 11, 2014 • Condos, French Quarter • 4137

The owner of 533 Iberville Street in the French Quarter has filed plans to convert the 6-story building into condominiums. Stephen Stumpf, the owner of 817 Hickory Avenue, LLC, the entity that owns the building, filed a permit for the conversion on August 6. Stumpf is also the CEO of Durr Heavy Construction. The scope [&hellip
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Developer Gregor Fox Buys State Palace Theater

August 8, 2014 • Acquisitions, Central Business District, Sports & Specialty • 7858

The State Palace Theater, a 1920s Canal Street theater that’s been out of commission since Katrina, has been purchased for $3.5 million. Real estate developer Gregor Fox bought the building, and told nola.com that it could take ten years and $10 million to get the theater fully renovated. In the meantime, it looks as if he will focus on renovating and [&hellip
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