Once planned as the site of Sean Cummings’ controversial Elisio Lofts, a warehouse at 501 Elysian Fields Ave. has sold to a hotel developer, CityBusiness reports.
501EFA Hotel, which specializes in hotel construction and is headed by Amit Patel, purchased the 36,200 square-foot warehouse for $3.5 million.
Patel, along with partner Pinu Patel, is also involved with Metairie Hotel Ventures LLC, which is working on hotels in that area.
Meanwhile, Cummings is still working on his Via Latrobe mixed-use development in Bywater.
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