The Properties: New Orleans Convention Center Hotel
Photograph of Convention Center and Linear Park Construction taken from site on February 6, 2019
Located at 1200 South Peters Street, in the fashionable Warehouse District in New Orleans, Louisiana. The hotel site is located directly across from the New Orleans Convention Center and abutting a new $79 million, 7.5 acre linear park.
• The property is located adjacent to the 1.2 million sq. ft. Ernest Morial Convention Center, which is currently the 6th largest convention center in the US and a 500,000 sq. ft. announced expansion is coming soon.
• The Convention Center hosts over 15 million domestic and international visitors annually.
• The property is walking distance to all key New Orleans attractions including the French Quarter, CBD, Superdome, the Cruise Terminal, WWII Museum, Ogden and Contemporary Arts Museum and Harrah's Casino.
Alternative short term apartment rental usage in the “Airbnb style” is also being considered.
In accordance with existing zoning, the planned 79,625 s.f., 10-story hotel will be constructed on a 11,867 s.f. land parcel. The Hotel is expected to contain between 150 – 175 guest rooms however branding, management and amenities are not finalized.
This is a high-traffic, high-visibility, urban-infill site with traffic count exposure exceeding 175,000 vehicles per day.
The Hotel parcel is owned by an affiliate of the Sponsor.
Qualified Opportunity Zone
Census Tract 22071007700
