Tenant lineup unveiled for Riverwalk outlet mall
The development group revamping the Riverwalk Marketplace downtown into an upscale outlet mall announced today it has leased more than 90 percent of the planned retail space to tenants, including...
View ArticleGNO Foundation to build new office on Lee Circle
A gas station at Lee Circle that has been vacant nearly nine years will soon be demolished to make way for a new three-story office building for the Greater New Orleans Foundation.
View ArticleQueen & Crescent sold for second time this year
A hotel ownership company has purchased a downtown hotel that sold earlier this year in a sheriff’s auction because its previous owners were behind on $14 million in mortgage and interest payments.
View ArticleRestaurateurs: Know the neighborhood before expanding
In a city with no shortage of dining options, the established restaurant owner in New Orleans is often on the same level as his upstart counterpart when it comes to finding the right spot to grow or...
View ArticleWork starts on $100M Baronne project
Contractors are expected to begin demolition next month on a two-story building as part of an ongoing project to convert a neighboring downtown office tower into apartments and a boutique hotel.
View ArticleRenovation complete at Gravier Street hotel
HRI Lodging and Carey Watermark Investors Inc. announced today the completion of a $3.5 million renovation of the Hilton Garden Inn Hotel on Gravier Street.
View ArticleNew units planned won’t sate NOLA apartment demand
Demand for apartment housing continues to outpace supply throughout the city, and new construction isn’t expected to put much of a dent in the need for additional units.
View ArticlePanel starts to review bids for ArtWorks complex
Exactly who will take over and redevelop the Louisiana ArtWorks complex near Lee Circle could become known within the next couple of weeks.
View ArticleHRI lines up financing for $100M Baronne project
HRI Properties has closed on its $100 million financing package for the purchase and conversion of a 30-story downtown office tower into apartments and a boutique hotel.
View ArticleNOLA development surge adds to parking demand
Although new parking structures are in the works, urban planning experts say they shouldn’t be the automatic option for developers.
View ArticleApartments, retail planned for former Higgins building
An environmentally centered development firm and a nonprofit real estate investment group are moving forward to bring more commercial space and affordable multifamily housing to the Central Business...
View ArticleHoward Triangle Building set for apartment conversion
A New Orleans-area accountant and real estate investor is planning to redevelop the unique triangular office tower on Howard Avenue at Baronne Street into residential units, following his purchase of...
View ArticleOffice forecast calls for continued high rent, occupancy
Commercial real estate agents in the New Orleans area say the Metairie and Central Business District office markets will strengthen in 2014 as occupancy rates and average rents continue to increase in...
View ArticleCondo projects scarce despite high demand
Even with a wait list of interested buyers, realtors and real estate analysts say new condo development is still a few years away.
View ArticleFurniture retailer to anchor South Market District
Nationally known, high-end furniture retailer Arhaus will be the anchor tenant for a second building under construction at the South Market District development in the Central Business District,...
View ArticleDevelopers plan 21-story hotel at 400 Canal
Developers hope to break ground on the project by the end of this year with an 18-month construction time frame.
View ArticleBruno’s ‘sliver’ building calls for complex techniques
A proposal to squeeze a new 10-story apartment tower onto a long and narrow Warehouse District lot will require some specialized engineering to get the project off the ground.
View ArticleReview panel wants changes to 400 Canal hotel plans
The developers of a proposed $120 million hotel at the corner of Canal and Tchoupitoulas streets are moving ahead with their plans to demolish six structures within the project’s footprint, despite...
View ArticleProposed Warehouse District hotel could mark trend shift
With so many New Orleans hotels changing hands in the past two years, some feel the market is right to begin building new lodging properties in the city.
View Article19th century buildings to house apartments
A row of 19th century Central Business District office buildings vacant since Hurricane Katrina will soon get new life as a residential and retail development.
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