Known as one of the oldest and largest real estate developers in New Orleans, the Lauricella Land Company started developing residential properties in the 1940s. The third-generation, family-owned business moved into commercial real estate when it built a shopping center near one of its early residential subdivisions. Since that time, the company’ s list of achievements includes four major retail shopping centers, two office buildings, an Airborne Express distribution center, and five multi-screen movie complexes that were recently sold to AMC Theaters Inc. Its developmental holdings also include two hotels and three multi-family complexes with joint-venture partners. Lauricella’ s newest project, however, is a first-time venture into the business of storage, with Elmwood Self Storage & Wine Cellar in New Orleans, La., an incredible state-of-the-art facility located in the massive 53.17-acre Elmwood Shopping Center. (more…)
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