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Texaco Building to Become Low-Income Housing; City to Auction 14 Properties

Texaco Building to Become Low-Income Housing; City to Auction 14 Properties

By Eliza Theiss, Associate Editor The old Texaco building in downtown New Orleans is one step closer to being redeveloped, as the state bond commission has approved financing for a repurposing project. The 17-story building is slated for renovations that will include retail space on the ground floor and 112 low-income…

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$38M Mid-City Market to Begin Construction; Housing Planned for Algiers

$38M Mid-City Market to Begin Construction; Housing Planned for Algiers

By Eliza Theiss, Associate Editor Covington, La.-based Stirling Properties L.L.C. has closed on the land acquisition and financing for Mid-City Market, a $38 million commercial development planned along the North Carrollton Avenue commercial corridor. Work on the 107,713-square-foot retail complex is slated to start in the coming days, with the demolition…

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Bourbon Orleans Hotel Completes Extensive Makeover

Bourbon Orleans Hotel Completes Extensive Makeover

By Amalia Otet, Associate Editor The Bourbon Orleans Hotel has recently gone through an extensive, multimillion-dollar renovation comprising all of the hotel’s 218 luxury guestrooms and 28 distinctive balcony suites. “The substantial improvements to guest rooms and bathrooms have continued the upgrade [...]…

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Six Flags May Become Upscale Mall; Lakefront Airport to Add New Hangars

Six Flags May Become Upscale Mall; Lakefront Airport to Add New Hangars

By Amalia Otet, Associate Editor Proposals for the redevelopment of the Six Flags site have been narrowed down from eight to one: A plan to turn the shuttered amusement park into an upscale outlet mall is still under consideration. The project [...]…

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New Construction Includes Raceway, Diesel Plant; HRI Properties Installs Solar Panels

New Construction Includes Raceway, Diesel Plant; HRI Properties Installs Solar Panels

By Amalia Otet, Associate Editor New Orleans will soon be home to the longest racetrack in North America. The new, $60 million NOLA Motorsports Park–currently under construction–will be located south of the TPC Louisiana Golf Course in Avondale, 14 miles from [...]…

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Texaco Building to Become Mixed-Use Complex

Texaco Building to Become Mixed-Use Complex

By Amalia Otet, Associate Editor The long-vacant Texaco building at 1501 Canal St. is one step closer to being rehabilitated. The Times-Picayune reports that the State Bond Commission has approved the issuance of as much as $22 million in bonds for [...]…

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Jax Brewery Destined for Major Makeover; Stirling Expands in Shreveport

Jax Brewery Destined for Major Makeover; Stirling Expands in Shreveport

By Amalia Otet, Associate Editor Jax Brewery in New Orleans is due for a major makeover this spring. Developers Earl Weber and Kenny Lobell are currently working on a reconstruction project that will add 11 new luxury apartments on the second and [...]…

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Saenger Theater Restoration, Lambeth House Wellness Center to Commence

Saenger Theater Restoration, Lambeth House Wellness Center to Commence

By Amalia Otet, Associate Editor New Orleans city officials plan to kick off the Saenger Theater renovations this month. The project costs initially estimated at $39 million have escalated since 2009, when the restoration was first announced, and the project now [...]…

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Joy Theater Returns to Life; Elementary School Breaks Ground in Marrero

Joy Theater Returns to Life; Elementary School Breaks Ground in Marrero

By Amalia Otet, Associate Editor Several projects meant to bring the Crescent City back to its former glory have been launched in the past few years, including the Superdome renovation and the restoration of the Saenger Theatre. Dec. 29 will mark [...]…

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Hotel Mazarin to Open in French Quarter after Extensive Overhaul

Hotel Mazarin to Open in French Quarter after Extensive Overhaul

By Amalia Otet, Associate Editor The New Orleans Hotel Collection recently announced the opening of its newest boutique hotel, Hotel Mazarin, in the heart of the vibrant French Quarter. Situated at 730 Bienville St., the hotel will officially open on Dec. [...]…

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Plaza Tower to Become M-U Community; Stirling to Break Ground in St. Tammany

Plaza Tower to Become M-U Community; Stirling to Break Ground in St. Tammany

By Amalia Otet, Associate Editor The long-vacant Plaza Tower, third-tallest building in both New Orleans and the state of Louisiana, recently sold for $650,000 to a local commercial real estate manager at a private auction. The sale was conducted by a [...]…

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Development, Redevelopment Projects Move Forward in Metro Area

Development, Redevelopment Projects Move Forward in Metro Area

By Amalia Otet, Associate Editor Poydras Home, a nonprofit retirement community serving greater New Orleans, recently announced plans to break ground on a new assisted living residence Uptown in January 2012. The Poydras community sits on a three-and-a-half acre site at Magazine [...]…

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