New Orleans Convention Center Hotel

CRC, through its affiliate, owns an 11,910 ft² (1,106 m²) commercial development parcel adjacent to the New Orleans Convention Center. The lot faces a new linear park currently under construction, is approved for a development of 10 stories and 100,000 ft² (9,290 m²), and is currently used as a parking lot. CRC intends to develop the lot as a hotel with approximately 180 keys, or as a residential property.