M&A Report: Building offers dominate Louisiana exercise
KEY TAKEAWAYS: Building companies led Louisiana M&A exercise with offers spanning roofing, overhead doorways, brick distribution and website preparation. Hargrove Roofing acquired New Orleans-based Methodology Exteriors, whereas Nations Roof bought Lafayette-based Grizzly Industrial Roofing. PassCo expanded its nationwide platform by…
LUFU NOLA newest Decatur Road building casualty
KEY TAKEAWAYS: LUFU NOLA has closed its French Quarter location on Decatur Road whereas searching for a brand new location, citing ongoing building impacts. The closure marks the second restaurant and third enterprise to close down alongside the development hall…
High Permits: $11.8M Isidore Newman Faculty restoration leads main development tasks
KEY TAKEAWAYS: An $11.81 million restoration and renovation undertaking at Isidore Newman Faculty‘s historic Jefferson Constructing is the biggest allow issued in Orleans Parish. Ochsner Well being is changing industrial area at 2820 Napoleon Ave. right into a Ladies’s Wellness…
New Orleans Algiers Ferry Terminal building is underway
If in case you have visited the Algiers Ferry Terminal within the final couple weeks, you will have observed a lot laborious hats, water-based cranes, and loads of fencing and signage. The ferry terminal is at present present process a…
Most New Orleans building companies report income features final 12 months
KEY TAKEAWAYS: LEMOINE studies $1.24B in 2025 income, up 13% from 2024. Boh Bros, RNGD, Kent Design Construct, DonahueFavret see important income features. Six of ten sub-$100M companies develop, together with Gibbs Building (+53%). Two $100M+ companies and three smaller…
High Permits: Uptown New Orleans mixed-use venture advances building
KEY TAKEAWAYS: Blended-use venture at 730 Fern Avenue led by Asper Development and Growth provides housing and retail area. Workplace and store facility deliberate on Dauphine Avenue with builder RNGD. A number of industrial and residential permits issued throughout Orleans,…
Prime Development Tasks 2026: 1. Port NOLA awaits allow for international terminal
KEY TAKEAWAYS: Port NOLA awaiting U.S. Military Corps allow to start Louisiana Worldwide Terminal building. Undertaking may create ~32,000 jobs and over $1B in tax income by 2050. Terminal in Violet designed to deal with largest container ships, as much…
High Building Tasks 2026: 3. Capital Enchancment Plan powers transformative upgrades at New Orleans Conference Heart
KEY TAKEAWAYS: $763M Capital Enchancment Plan underway, $350M already spent Inside upgrades embody 140 assembly rooms, halls, and lobbies New Omni headquarters lodge deliberate for $600M, 1,000 keys Conference Heart achieves second consecutive LEED Gold certification From a $763…
High Building Tasks 2026: 5. Bayou Phoenix studio to anchor Jazzland redevelopment
KEY TAKEAWAYS: Movie studio anticipated as first tenant at Bayou Phoenix redevelopment. Undertaking transforms former Six Flags/Jazzland web site in New Orleans East. Plans embrace sports activities advanced, resort, water park, retail and eating. Phased improvement goals for main openings…
Prime Building Tasks 2026: 8. Bunge’s Avondale enlargement a part of firm’s $1B funding in New Orleans
KEY TAKEAWAYS: $225M enlargement will create largest specialty oils plant in North America Facility anticipated to be commissioned in 2026 Challenge a part of $1B Bunge funding in New Orleans area Greater than 90 new Louisiana jobs tied to tasks…