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Message
re: Lake Charles Capital One Tower will be demolished bids out for implosion style demolition
Posted on 3/20/24 at 11:38 am to Statestreet
Posted on 3/20/24 at 11:38 am to Statestreet
quote:
Could possibly be casino, hotel, offices, condos? Lots of if's
I just think the renovation costs are going to be too expensive, as someone mentioned above the costs just for plumbing to try and do condos or hotel rooms would be insane. It’s the same issue that larger cities are seeing with trying to turn unutilized commercial real estate into housing.
Best option is probably to take down the building and look for development opportunities for hotel/residential/shopping/dining. Would be much easier to do something from scratch on that site.
This post was edited on 3/20/24 at 11:45 am
1
Posted on 3/20/24 at 12:59 pm to borrelia
quote:
Could possibly be casino, hotel, offices, condos? Lots of if's
I just think the renovation costs are going to be too expensive, as someone mentioned above the costs just for plumbing to try and do condos or hotel rooms would be insane. It’s the same issue that larger cities are seeing with trying to turn unutilized commercial real estate into housing.
The last plan was to make it mixed use with retail commercial spaces on first 2 floors. hotel rooms for the next few floors, and private condo's up top.
But like said, the reno was much too $$$ and after they called around, they realized none of the office space clientelle wanted to move back in.
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