Mohan Kailas, the developer of 1031 Canal, is moving forward with the development of the the $70-million project.
Kailas got his building permit in the end of 2013, which called for 2240 luxury residences and 15 penthouses with 56,000-square feet of retail space at the edge of the Quarter.
The site at Canal and North Rampart streets was the longtime home of New Orleans’ flagship Woolworth’s store, but it has been vacant and blighted for years.
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[…] from developers of the planned high rise at 1031 Canal Street, they had received their demo permit, released their final building plans, and then the project stalled over a dispute with the city over permit […]