16 May Top Permits issued in the New Orleans area, April 29 – May 11, 2023

// Article originally appeared in New Orleans City Business on May 15, 2023

One of my favorite parts of being a commercial real estate agent is being privy to new concepts in our market. Although these additions do not always come to fruition, I have always enjoyed culling newly issued permits as a means of ascertaining their viability and gauging activity.

While adaptive reuse and renovation continue to characterize activity in Orleans Parish, both St. Tammany and Jefferson Parishes are enjoying a bevy of new construction.

Among those filed over the course of the last two weeks, I was particularly intrigued to see a “Total Renovation” permit filed for 709 Tchoupitoulas St. The property has long served as home to Dr. Lock Inc. – sandwiched between CBD mainstays The District and Lucy’s Retired Surfer Bar. I am curious to see how the revitalization of this property may impact the block, and whether its use will pivot to that of its neighbors.

Permits were also filed for an interior demolition at 1000 Howard Ave. The former Archdiocese building was sold in March of 2022 for $8.3 million. Previous publications indicate the 12-story building will be converted into a short-term residential/hotel hybrid. The issuance of permits bodes well for an underutilized segment of the city, which has seen a flurry of activity in the last year.

Looking across the lake, new construction and development continues near the intersection of Highways 1085 and 1077. Anchored in part by Coquille Park, a recreational facility, and Archbishop Hannan High School, a co-ed Catholic school having relocated post-Katrina, the area has seen an explosion of new retail development. The lack of available retail inventory in Covington, coupled with fast-paced residential development in Madisonville, has created little challenge with leasing up space in the vicinity. New construction at 1035 LA-1085 is the latest in a long string of vibrant development in St. Tammany.

Commentary courtesy Elizabeth Novit, associate – retail sales and leasing. She can be reached at enovit@elifinrealty.com or 847-370-1362.

Permits:

Orleans Parish

TOP COMMERCIAL PERMITS

• $N/A, 709 Tchoupitoulas St, Central Business District, Scott Mouledous Construction, Total renovation
• $348,550, 1000 Howard Ave, Central Business District, Garrison Builders, LLC, Interior demolition
• $3.11 million, 1300 Oretha Castle Haley Blvd, Central City, Christopher Naquin, Multifamily development
• $2.37 million. 4827 Prytania St, Uptown, Renovation
• $844,000, 8 Canal St, Central Business District, Kenneth Gootee, Casino Renovation

TOP RESIDENTIAL PERMITS

• $1.32 million, 300 Bellaire Dr, Lakewood, Gulf States Construction, New construction single-family
• $471,074, 4020-4022 Elba St, Broadmoor, A 1 Developers LLC, New construction two-family
• $370,030, 5351 St Anthony Ave, St Anthony, New construction single-family
• $370,000, 1466 Granada Dr, Filmore, Imperial Construction of LA LLC, New construction single-family
• $310,000, 422 Homer St, McDonogh, EVO Construction, LLC, New construction single-family

Jefferson Parish

TOP COMMERCIAL PERMITS

• $5.57 million, Metairie, 3838 N Causeway Blvd, Keto Construction Group LLC, Commercial remodeling / renovations
• $1.86 million, Metairie, 4612 Veterans Memorial Blvd, Diamond Holdings SWFL, Inc., Commercial new construction
• $466,455, Metairie, 2500 Pasadena Ave, Dragon Limited Inc., Commercial remodeling / renovations
• $350,000, Metairie, 2600 Airline Dr, J. & K. Project Management Consultants, LLC, Commercial tenant buildout
• $105,000, Metairie, 3520 Airline Dr, Southern Heritage Construction LLC, Commercial Demolition

TOP RESIDENTIAL PERMITS

• $820,000, River Ridge, 138 Midway Dr, RMC CONSTRUCTION, LLC, Residential Addition
• $510,000, Metairie, 640 Aurora Ave, Empire Construction and Restoration LLC, New construction
• $500,000, Metairie, 4722 Lake Vista Dr, REVE, INC., New construction
• $435,250, Metairie, 224 Carrollton Ave, Charles C. Clark, LLC, New construction
• $412,700, Metairie, 221 Rosewood Dr, Bancroft Property Investments, LLC, New construction

St. Tammany Parish

TOP COMMERCIAL PERMITS

• $234,358, Covington, 206 Lake Dr Ste 7, Pat McCormick Homes LLC, Commercial remodel
• $159,250, Covington, 1970 Hwy 190, Robert Wolfe Const, Commercial Remodel
• $158,000, Covington, 900 Ochsner Blvd, Signlite Ti Cabirac, Sign
• $80,000, Covington, 1305 Hwy 1085, Amko Fence Company, New commercial construction
• $55,085, Covington, 16430 Wardline Rd, Enertech Resources, Commercial remodel

TOP RESIDENTIAL PERMITS

• $3.9 million, Covington, 18379 Hwy 40, Carter Hill Const, Residential addition
• $889,500, Covington, 1356 River Club Dr, Stoop Construction, Single-family
• $700,000, Covington, 78235 Hwy 1082, Charlie Rick, Residential accessory
• $600,000, Covington, 5048 Twin River Pl, Ron Lee Enterprises, Single-family
• $569,000, Covington, 128 Bay Tree Manor Dr, Eagle Eye Investments,  Single-family

Permit data courtesy ELIFIN, which can be reached at 800-895-9329.