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re: The Capital One Tower in Lake Charles is no more. RIP

Posted on 9/7/24 at 9:30 am to
Posted by Dandaman
Louisiana
Member since May 2017
766 posts
Posted on 9/7/24 at 9:30 am to
quote:

trashy hooker hotels on the North side of I10



Posted by stout
Porte du Lafitte
Member since Sep 2006
175503 posts
Posted on 9/7/24 at 9:49 am to
quote:





The hookers in those hotels are probably like $5 hookers but come with a $500 STD treatment bill.

The better-looking hookers all hang around the casino area during the weekends trying to get some Houston baws drunk so they can max out their credit cards.

Me and my wife have watched a Vietnamese hooker work a few ole baws over at the baccarat table over the years. She's pretty hot TBH and always dresses like a skank.
This post was edited on 9/7/24 at 9:50 am
Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11706 posts
Posted on 9/7/24 at 9:54 am to
Mixed emotions watching it go down this morning. Excited for the future, though.
Posted by DiamondDog
Louisiana
Member since Nov 2019
11894 posts
Posted on 9/7/24 at 10:03 am to
I hope to be as excited one day about something as Lake Charles is about a simple construction demo.
Posted by Papoo63
Lake Charles, LA
Member since Jan 2022
232 posts
Posted on 9/7/24 at 10:15 am to
And while everyone in the general area sucks in the Asbestos...
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
5080 posts
Posted on 9/7/24 at 10:22 am to
Went amazingly well considering it was done in Louisiana, way better than the last attempt in Nawlins a few years back. Just read a Texas company did it, makes sense now.
Posted by 777Tiger
Member since Mar 2011
82735 posts
Posted on 9/7/24 at 10:25 am to
quote:


And while everyone in the general area sucks in the Asbestos...


how old was that building? hasn’t asbestos been out of vogue for about 50 years, give or take?
Posted by stout
Porte du Lafitte
Member since Sep 2006
175503 posts
Posted on 9/7/24 at 10:31 am to
Construction started in 1981 so it could have had some asbestos in it but if it would have been enough to be a concern they would have removed it before letting it blow all over the lake.
Posted by 777Tiger
Member since Mar 2011
82735 posts
Posted on 9/7/24 at 10:36 am to
quote:


Construction started in 1981 so it could have had some asbestos in it but if it would have been enough to be a concern they would have removed it before letting it blow all over the lake.


I was working construction during the summer as a kid, one summer we removed the asbestos insulation in the ceiling of the entire VA hospital in Shreveport, I believe because of new EPA regs, that was in the 70s
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 9/7/24 at 11:01 am to
quote:

I doubt it will be a Casino. They built a land-based casino just over the bridge and renamed it to the Horseshoe brand. Used to Isle of Capris boats until the boat got stuck under the bridge during Laura and they applied to go land-based.


LC tried to convince the Horseshoe to take over the Cap One building after Laura instead of renovating /building in Westlake but they didn’t want to be in the city limits.
Posted by stout
Porte du Lafitte
Member since Sep 2006
175503 posts
Posted on 9/7/24 at 11:06 am to
quote:

LC tried to convince the Horseshoe to take over the Cap One building after Laura instead of renovating /building in Westlake but they didn’t want to be in the city limits.


My brother's FIL was the mayor of Westlake who just passed. There is a little more to it than that and he told us about it but I can't recall all of the details. You are correct that Lake Charles wants the taxes from the Horseshoe. I think they were getting some of the taxes off of the boats but now the land is squarely in Westlake city limits.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 9/7/24 at 11:10 am to
quote:

My brother's FIL was the mayor of Westlake who just passed. There is a little more to it than that and he told us about it but I can't recall all of the details. You are correct that Lake Charles wants the taxes from the Horseshoe. I think they were getting some of the taxes off of the boats but now the land is squarely in Westlake city limits.


I built the casino.

It was a little more detailed than that but the main factors were they didn’t want to be in LC, thought the Cap One building had too many questions, like plumbing for rooms, and lastly are expecting LC eventually to ban smoking in casinos.
Posted by BananaManCan
Member since Sep 2009
4353 posts
Posted on 9/7/24 at 11:30 am to
Lake Charles is a fricking dump.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
9192 posts
Posted on 9/7/24 at 11:36 am to
quote:

Even in cities with full occupancy, they often aren’t paying utilities or insurance premiums.


They were $500,000 behind on electricity in Shreveport. They had a cutoff notice posted in the building 2 weeks ago. It got paid, but they apparently still owe something like $25,000 in water bills, too. The two buildings are over 80% occupied- they shouldn’t be struggling.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 9/7/24 at 11:49 am to
quote:

Lake Charles is a fricking dump.


I’m not looking forward to spending another 3-4 years there
Posted by RBTiger
Baton Rouge
Member since Jun 2011
8527 posts
Posted on 9/7/24 at 12:31 pm to
Can they build another new 22 story Tower for the LC Lakefront?? I sure hope so!
Posted by AcadieAnne
Space Force Cadet 1st Class
Member since May 2019
1650 posts
Posted on 9/7/24 at 1:12 pm to
quote:

Showing my age. I remember when it was Calcasieu Marine National Bank.


Me, too. That building was there for most of my life. It was a shame what happened to that building. I hope the city does something good with the land, but I'm not holding out a lot of hope. I certainly don't have any faith in them after they changed the name of Contraband Days.
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
94366 posts
Posted on 9/7/24 at 3:45 pm to
Saw this picture someone put together and thought I’d share.

Posted by The Boat
Member since Oct 2008
171595 posts
Posted on 9/7/24 at 3:54 pm to
Meh… that’s not how it happened. Dumb to make lame arse fan fiction when there’s pictures and videos of it actually coming down.
This post was edited on 9/7/24 at 3:56 pm
Posted by CitizenK
BR
Member since Aug 2019
11932 posts
Posted on 9/7/24 at 4:01 pm to
quote:

the building had occupancy issues prior to Laura, they couldn't even fill it
the oil market collapsed before it was completed. I don't think it was even close to full occupancy. Calcasieu Marine was possibly the most solvent bank in the nation back then. It had cash out the wazoo.

Nationwide a big problem for major banks is a shitton of empty office space and bad debt. It is not uncommon for commercial real estate to have tenants a year behind on their lease payments, even before the recent trends.
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