Lake Charles Mardi Gras Boardwalk fading away - KPLC 7 News, Lake Charles, Louisiana

Lake Charles Mardi Gras Boardwalk fading away

(Source:KPLC) (Source:KPLC)

It was called Lake Charles Mardi Gras Boardwalk and offered high hopes to many citizens, of what some called an "entertainment and retail playground"  to be on the land Pinnacle donated to the city.

But a notice has gone out saying the corporation's authority to do business in Louisiana will be revoked because no annual reports have been filed with the Secretary of State for three years.

However, a spokesman for the state says the corporation can regain its standing if it ever decides to file those reports.

Yet an officer of Lake Charles Mardi Gras Boardwalk says it was formed only for the Lake Charles project and no longer has a reason to exist.

The land is where Harrah's casino once stood.

Mardi Gras Boardwalk isn't the first and maybe not the last proposed lakefront development that didn't happen.

Yet, Lake Charles city officials are still working toward getting a developer to purchase the land and do great things on the prime property.

The Mardi Gras Boardwalk project never happened because those behind it say they never could get the financing to pull it all together.

City Administrator John Cardone says right now two local developers are interested in buying the property for mixed use that is some combination of retail, restaurant, business, residential.

One developer is Black Lake Land & Oil Company, whose agent is Curt Marcantel. The other is Noble Waterfront Group, Dr. John Noble.

"At this point what we don't want someone to do is buy the property and not develop it, or buy the property and put a very small development on it and then it sits," Cardone said. "We want someone who's serious and put a true development on the Lakefront."

The City Council was recently briefed by the administration on proposals and administrative recommendations dealing with terms and conditions.

"We don't want somebody to buy it and hold onto it and go do another project and do this one five years from now," Cardone said. "We want something done as quick as possible."

The council gave the okay for city officials to respond to developers with proposed terms and conditions and city officials say they plan to do that. Officials say those terms and conditions follow the Lakefront Master Plan approved by voters and include public input.

We will keep you posted as we get more information on negotiations between the city and the two groups interested in Lakefront development.

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