LAKE CHARLES, La. (AP) — Businessman Roger Landry has signed a contract with city officials to buy a 3.5-acre downtown tract.
The American Press reports (http://bit.ly/cseYHv ) Landry will pay $1.06 million for the land and plans to build a 170- unit residential building that also will have 22,000 square feet of business space.
The project is expected to cost $20 million.
The contract was signed on Wednesday.
Information from: American Press, http://www.americanpress.com