Mardi Gras Boardwalk plans almost finalized - KPLC 7 News, Lake Charles, Louisiana

Mardi Gras Boardwalk plans almost finalized

Posted: Updated:
LAKE CHARLES, LA (KPLC) -

Mardi Gras Boardwalk, an idea that will bring real development to the Lake Charles lakefront is one step closer to becoming a reality.

"This is going to happen," City Attorney Billy Loftin said. "As far as I can tell, if the financing is available to this developer, we're well on our way."

Loftin said the Boardwalk documents have been revised and only a few details need to be worked out.

"There are no substantive problems with the documents that are deal breakers, we do have a few things that we're looking into changing," he said.

Things dealing with taxing, financing, economic development and purchase agreements. Loftin estimated two to three weeks to have all the documents finalized and have the purchase agreement executed by all parties involved.

"We'll get those resolved and even if we have to agree that we disagree on that, those aren't issues that are going to stop this development. So we're just working out some details," Loftin said.

Details that will hopefully put this prime piece of real estate back into commerce. 

Copyright 2012 KPLC. All rights reserved. 

Powered by WorldNow