City receives 3 bids for old Sears retail site - KPLC 7 News, Lake Charles, Louisiana

City receives 3 bids for old Sears retail site

LAKE CHARLES, LA (KPLC) -

We could soon know what will replace the old Sears retail site in downtown Lake Charles. Bids for the two-acre piece of property were due Monday, Oct. 8 at 4 p.m. According to Lake Charles Mayor Randy Roach, the city received three bids.

One of those bids is from developer Roger Landry, who co-owns and developed and renovated the Muller's Lofts. Landry's latest proposal is a 225,000-square-foot mixed-use development with retail and residential spaces that would take up the entire block.

The four-story building would offer 22,000 square feet of retail space on the bottom floor facing Ryan Street. Landry said depending on the size of the spaces it could easily accommodate anywhere from seven to 10 retailers. The rest of the bottom floor along Division and Mill Streets would be lined with courtyard residential spaces. The 2nd, 3rd and 4th floors will consist of apartments.

1 bedroom: 780 square feet (24 total)
2 bedroom: 1,080 square feet (132 total)
3 bedroom: 1,340 square feet (10 total)

166 units in total

The proposal would also include a private swimming pool on the second floor. Among the other amenities: 24-hour concierge service, 3 elevators and a 4,000 square foot workout center.  

The parking lot will be camouflaged by the exterior of the building and will provide parking for 214 cars. There will also be 83 offsite parking spaces for a total of 297 cars. Landry said they will also charging stations for electric cars.  

Landry said he has the financing in place to fund the estimated $19-million development. He along with the other developers will be presenting their plans to the City Council at 5:30 p.m. Tuesday.

Copyright 2012 KPLC. All rights reserved.

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