- Under Development - Acquired in December 2013, Manhattan Crossing involves the redevelopment of a deteriorated 121,000 square foot single-tenant retail building situated on 12+ acres. The property rests in the center of New Orleans’ Westbank, on Manhattan Boulevard at the corner of Lapalco, close to the Westbank’s highest density of mid- and upper-income 数字货币投资理财_智能合约交易homes.
Upon renovation, the existing building will house three to four national retailers, and two free-standing out-parcels will be added along Manhattan Boulevard.
An eyesore since Hurricane Katrina in “A+” real estate, Manhattan Crossing not only demonstrates Lauricella Land Company's ability to reposition a non-performing asset, but also its capacity to invest in the renewal of depressed, quality real estate. Construction is anticipated to begin in the summer of 2014, and the center’s current anchor is Hobby Lobby.