Mardi Gras Boardwalk wants to build a $45 million entertainment complex and hotel facility on this tract on of lakefront property. City officials and the development company have discussed the deal over the last three-plus years. (American Press Archives)
Last Modified: Monday, July 22, 2013 5:47 PM
Lake Charles Mayor Randy Roach signed a document last week to move forward with work on the Mardi Gras Boardwalk project and is waiting on the developer to sign, City Attorney Billy Loftin said Monday.
Mardi Gras Boardwalk wants to build a $45 million entertainment complex and hotel facility on nine acres of lakefront property. City officials and the development company have discussed the deal over the last three-plus years.
The City Council in February approved selling the property to the developer for more than $4 million. The decision included a cooperative endeavor agreement that describes what rules the developer needs to follow and how long they have to build the facility. Since then, Loftin said many details about the project have been ironed out.
“We had approved an agreement a while back, but we have been working on all the exhibits and property descriptions in order to finalize everything,” Loftin said. “We had an agreement in principle.”
Loftin said he expects developers with Mardi Gras Boardwalk to sign the agreement within the next 10 days.
In addition to the entertainment facility, Mardi Gras Boardwalk officials have proposed building a five-story, 100-room condo/hotel, a 35,000-square-foot sports bar and grill and a 25,000 square-foot family entertainment center. The venue would also host restaurants, music venues and other service businesses.
The City Council approved a sound level of 85 decibels, which Mardi Gras Boardwalk supported.
The project is expected to bring in more than 150 construction jobs and more than 1,300 jobs once the facility is finished. The completed facility is expected to generate $520 million in revenue and $11.7 million in sales taxes over 10 years.
Posted By: Bob Redmon On: 7/23/2013
Title: Now lets hear the truth!
@ "Bill Spoon". Please forgive me but it because of attitudes as you have displayed that has caused Lake Charles to be bypassed by several developers over the years and has kept SWLA in the dark ages. Since you know the principles involved let me share with you some of which I am sure, thru your comments, that you are oblivious to. Since you believe that Mayor Roach has out-served his time I am sure that you know that he was not the driving force in getting Mardi Gras Boardwalk to invest millions of dollars into the SWLA economy, so there is no reason to bash him. May I introduce you to councilmen Dana Jackson and Stewart Weatherford who spearheaded this project and spent countless hours in reasearch and studies to make this project a reality. As far your statement "this project will never happen as advertised" tells me that you have not read the 179 page contract that was drafted by our city attorney Billy Loften and the Mardi Gras Boardwalk attorneys, or attended any meetings held between the city council and Mardi Gras Boardwalk officials. Did you know that the city has to approve all drawings and specifications of the project? Undoubtedly not. And as far as selling the property being idiotic you must not also know that the city has "first rights of refusal" if the property were to be placed on the market ( with all improvements) Lake Charles and Southwest Louisiana has been needing a poject of this magnitude for years and have not been able to accomplish such because of people with attitudes as yourself. If you wish to hold onto your property and hold it in perpetuity for your own good then that is your right. But it is also the right of the citizens who overwhelmingly voted in favor of this project to support it and the councilmen who fought diligently, to make it happen. I just ask of you the next time you say you know the principles involved to really know the principles and don't just state that you do.If you don't like the project then don't attend it. That will leave more room for positive minded people.
Posted By: Dana C. Jackson On: 7/23/2013
This was signed Monday
Posted By: Bill Spoon On: 7/23/2013
The People of Lake Chuck will regret they allow their leaders to make this "project' a reality. Randy has out-served his time and there is a need for new leadership at City Hall. This project will never happen as advertised. I know the principles involved. And selling the property was IDIOTIC. That property should have never left ownership of the city or another governmental entity. Should have been held in the public trust and leased out while held in perpetuity for the public good.