New future for former Harrah's parking garage - KPLC 7 News, Lake Charles, Louisiana

New future for former Harrah's parking garage

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

The Lake Charles City Council is turning the old Harrah's parking garage into surplus property as they get closer to sealing the deal with the folks of Mardi Gras Boardwalk.

"Part of the deal with them is whoever buys the property also has to take on the parking garage and renovate it to bring it up to a usable standard," City Council Member Stuart Weatherford said.

Weatherford has helped work on the Mardi Gras Boardwalk project from the beginning, and said they are in the final stages of getting the agreements signed so they can proceed with the project.

"It's a little harder than your typical real estate transaction and that's why it's taken a little longer than normal, but basically, it's been a back and forth process where they made an offer and we accepted that offer," Weatherford said. 

He said part of that offer contains a timeline with specific criteria that Mardi Gras Boardwalk has to meet. They would also have to bring tenants and vendors to locate there.

The timeline consists of getting the signatures on the agreement plans between the city and Mardi Gras Boardwalk, have a property buyer come in and renovate the parking garage, and then begin construction.

Weatherford said construction is expected to begin in about 18 months.

"And the biggest part of that is they're going to be given a certain amount of time to start construction and complete construction and actually be open by a certain time," he said.

The City Council will discuss the selling of the parking garage as surplus property at the next council meeting on Wednesday, Dec. 19.

Copyright 2012 KPLC. All rights reserved. 

Powered by WorldNow