Canal Street Beat | New Orleans Real Estate News

Do New Orleanians Spend Too Much On Housing?

July 7, 2014 • Multi Family • 4253

Across the nation, housing costs are a huge burden on Americans. Harvard’s Joint Center for Housing Studies did a huge study out on the state of the housing market. Housing affordability was one of the key factors they evaluated. Using data from the Census Bureau’s American Community Survey, the Harvard researchers were able to find how many people in [&hellip
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88 Algiers Acres on the Market for $1.76 Million

July 3, 2014 • News • 4304

A former navy air field, which clocks in at 88 acres, is for sale on the lower coast of Algiers. Corporate Realty reports that the available space is currently a cleared tract of land that can be used in a number of ways, such as subdivided and built out or used as a private lot for [&hellip
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Landmark Hotel To Get $12 Million Renovation

July 2, 2014 • Hotel & Hospitality, Jefferson Parish • 6093

A notable hotel in Metairie is undergoing renovations in order to better serve new visitors. The Best Western Landmark Hotel is currently being renovated, to the tune of $12.2 million. The hotels’ owners, Gulf Coast Ventures Associates, LLC are under the ownership of the Al Copeland Trust. The hotel is also home to a [&hellip
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Andrew Higgins Pizza To Open In Vacant Warehouse District Building [PICS]

July 1, 2014 • Construction, Retail, Warehouse District • 7177

The owners of 404 Andrew Higgins Blvd. in the warehouse district have filed building permits to renovate the building into a new Andrew Higgins Pizza restaurant. The location sits across the street from Cochon in a building that has sat dilapidated and abandoned for years. The current structure is only 1,533 square feet, but includes an [&hellip
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New Men’s Concept LIVƎ Opens 3,000 SF Store on Canal Street

June 30, 2014 • Central Business District, Retail • 16100

Men’s fashion store LIVƎ will open on Monday, June 30 at 810 Canal St. The store opening is great news for a steadily-improving Canal Street, replacing a run down “Keep in Touch” cellular electronics store. The 3,000 square foot new men’s concept store will offer fashion forward apparel and an emphasis on customer service, [&hellip
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World of Beer Restaurant Opening in Warehouse District?

June 30, 2014 • Retail, Warehouse District • 8112

A restaurateur plans to open a new World of Beer restaurant at 300 Julia Street, a warehouse district building which houses a Courtyard Marriott. On June 26, Jeff Woeste filed a building permit with the city of New Orleans to renovate Unit 360 at 300 Julia Street. Plans call for the “Tenant fit-out of existing unoccupied [&hellip
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Culinary Superstore to Take Over Blighted Carondelet St. Spot, reports Curbed

June 27, 2014 • Central City, Retail • 8117

A former mechanics shop that’s been vacant and abandoned on the corner of Carondelet and Calliope Streets (next to the Pontchartrain Expressway overpass) is being developed into a brand spanking new Alack Superstore, a restaurant supply company, reports Curbed. The city issued building permits for the buildings last week. A recent sale shows that Alack Properties paid 4 [&hellip
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Tolmas Tract Development One Step Closer to Reality

June 26, 2014 • Jefferson Parish, Zoning and Land Use • 5255

Owners of the largest undeveloped land on Veterans Blvd. moved closer to reality Wednesday as Jefferson Parish approved two ordinances to change the zoning in accordance with an agreement with neighbors back in February. The agreement called for five lots on the north and east side of the property to be zoned R-1A, which allows for single [&hellip
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12 Story “Sliver” Building Rejected by HDLC

June 26, 2014 • Central Business District, Development, Zoning and Land Use • 5953

Architect/developer Trey Trahan’s proposed 12 story “sliver” building at 309 Magazine was shot down yesterday by the city’s Historic Districts Landmark Commission’s architectural review committee. The 5,000-square-foot property at 309 Magazine St. was destroyed by a fire 20 years ago, leaving just an empty façade fronting Magazine Street. According to plans submitted to the city, an [&hellip
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Retail Watch: West Elm Sets July 24 Opening Date

June 25, 2014 • Magazine Street, Retail • 6570

The West Elm contemporary furniture store at 2929 Magazine, will open on July 24. An 1,899-square-foot second-story was added to 2929 Magazine to accommodate the store. The addition of the second story was the subject of intense neighborhood debate. Many of the business on Magazine supported it, while nearby residents opposed. In total, the store [&hellip
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