New Orleans
Eastern New Orleans to Get Walmart
The New Orleans City Council has given its approval for national retail chain Walmart to build a store in eastern New Orleans
Southern Hotel Closer to Redevelopment
The Covington Historical District Commission recently approved the Wards’ plans for redeveloping the 105-year-old Southern Hotel.
Courtyard New Orleans Downtown/Iberville Completes Conversion
The multimillion-dollar conversion of the Courtyard New Orleans Downtown/Iberville is now complete.
Ascend Hotel Collection Continues Expansion
The Ascend Hotel Collection, the international network of historic, boutique and unique upscale hotels offering an authentic, local experience, with upscale amenities and services, continues to expand.
$70M Luxury Development Green-Lit by City Council
Following almost a year of negotiations and hammering out of details, the New Orleans city council has given its final approval to the development of 1031 Canal St., a 240-unit luxury mixed-use project.
FelCor Sheds Two Properties for $70M
FelCor Lodging Trust Inc. has entered into an agreement to sell two properties for the combined price of $70 million
Stirling Properties Takes Over Summit Freamux
The long-delayed Summit Freamaux retail project in Slidell might finally be moving toward actual development
Ian Somerhalder Tries to Save Land Slated for Industrial Development
By Eliza Theiss, Associate Editor A tract of land along Bayou Lacombe, below Interstate 12 in Lacombe, La., could be making entertainment headlines, as actor and philanthropist Ian Somerhalder will be making a last effort to acquire the land for the Ian Somerhalder Foundation’s ISF Sanctuary. According to a report by The Times-Picayune, the actor […]
South Market PILOT Approved
By Eliza Theiss, Associate Editor South Market District, one of the most ambitious private-sector projects since Hurricane Katrina, took a major step forward last week. The Industrial Development Board (IDB) of New Orleans gave its unanimous, albeit preliminary, approval for a payment in lieu of taxes financing package for the first development phase of the mixed-use […]
Howard Hughes, Others Pursue Mall Redevelopments in New Orleans
By Eliza Theiss, Associate Editor The Howard Hughes Corp. will be investing $70 million in redeveloping the Riverwalk Marketplace into an upscale outlet center, rebranding it The Outlet Collection at Riverwalk. Project plans call for increasing the property by 25 percent, to approximately 250,000 square feet, by late 2013. But The Outlet Collection at Riverwalk […]