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2004 Facility of the Year Overall Winner
Posted under PressKnown 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.
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