City signs paperwork allowing work on Mardi Gras Boardwalk to proceed

By By John Guidroz / American Press

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.