City puts downtown properties up for sale - KPLC 7 News, Lake Charles, Louisiana

City puts downtown properties up for sale

LAKE CHARLES, LA (KPLC) -

The City of Lake Charles is putting two landmarks near downtown up for sale to regenerate some interest in downtown development.

The city is selling both the former Sears property and Pinnacle property off the lakefront on Lake Shore Drive.

"The overall economic climate is improving and so now is a good time to go back into the market," said Mayor Randy Roach of Lake Charles.

Mayor Roach said the city is searching for a developer that will build either a commercial or residential structure on the former Sears property to expand upon the Ryan Streetscape project.

The property was worth $800,000 when the city purchased it, however, Mayor Roach said the property is worth more now.

"Any offer that we get must be evaluated from the standpoint of fair market value," said Mayor Roach.

In addition to selling the former Sears property, the city is also looking for a developer to purchase the Pinnacle property.

The city council approved to place the Pinnacle property back on the market last month.

"They gave us up to six months to find a developer to develop the property," said Mayor Roach.

If the city does not receive an offer within six months, the property may or may not be sold for development.

"At that point the city will have to make the decision of whether or not to demolish that building," said Mayor Roach.

While the fate of the Pinnacle property is not final, Mayor Roach said the decision is final on selling the former Sears property.

"The city is not interested in keeping that property, we're interested in selling that property and putting it back into public use," said Mayor Roach.

The city has had several inquiries on the former Sears property and the Pinnacle property. However, the city still waiting for a developer to make the first offer. 

The city is giving developers until August 15 to make an offer on the Pinnacle property.

Copyright 2011 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • DeQuincy house fire contained Saturday afternoon

    DeQuincy house fire contained Saturday afternoon

    Saturday, July 22 2017 5:55 PM EDT2017-07-22 21:55:49 GMT
    1237 Dougharty Road (Source: KPLC)1237 Dougharty Road (Source: KPLC)

    Multiple fire departments responded to a house fire in DeQuincy early Saturday afternoon.

    DeQuincy Fire Chief Johnny Copeland said the fire department received a call about smoke coming from the house on 1237 Dougharty Road sometime around noon.

    More >>

    Multiple fire departments responded to a house fire in DeQuincy early Saturday afternoon.

    DeQuincy Fire Chief Johnny Copeland said the fire department received a call about smoke coming from the house on 1237 Dougharty Road sometime around noon.

    More >>
  • FIRST ALERT FORECAST: More showers and thunderstorms Sunday before the heat returns this week.

    FIRST ALERT FORECAST: More showers and thunderstorms Sunday before the heat returns this week.

    Saturday, July 22 2017 5:03 PM EDT2017-07-22 21:03:51 GMT
    Mostly cloudy with scattered storms SundayMostly cloudy with scattered storms Sunday

    By sunset this evening the temperatures will start to go down and rain will come to an end. The showers always lose their energy around sunset and weaken. Overnight we will be left with mostly cloudy skies and temperatures in the mid to upper 70s. Rain chances are down to 20% overnight. Sunday will be another day with more showers and thunderstorms. We will also have mostly cloudy skies. This will result in lower temperatures compared to the previous few days. 

    More >>

    By sunset this evening the temperatures will start to go down and rain will come to an end. The showers always lose their energy around sunset and weaken. Overnight we will be left with mostly cloudy skies and temperatures in the mid to upper 70s. Rain chances are down to 20% overnight. Sunday will be another day with more showers and thunderstorms. We will also have mostly cloudy skies. This will result in lower temperatures compared to the previous few days. 

    More >>
  • Cargo trailer fire on I-10 WB at Westlake exit; exit blocked

    Cargo trailer fire on I-10 WB at Westlake exit; exit blocked

    Saturday, July 22 2017 3:23 PM EDT2017-07-22 19:23:19 GMT
    Fire at Westlake exit (Source: Ashton Richard Sr.)Fire at Westlake exit (Source: Ashton Richard Sr.)

    A cargo trailer caught fire late Saturday morning on I-10 westbound near the Westlake exit. 

    Westlake Police got a call at 10:22 a.m. of the cargo trailer smoking on the interstate, said Westlake Police Chief Chris Wilrye.

    More >>

    A cargo trailer caught fire late Saturday morning on I-10 westbound near the Westlake exit. 

    Westlake Police got a call at 10:22 a.m. of the cargo trailer smoking on the interstate, said Westlake Police Chief Chris Wilrye.

    More >>
Powered by Frankly