Significant updates are on the horizon for Louisiana’s Historic Tax Credits program, set to take effect on January 1, 2025. These changes are designed to enhance efficiency and ensure the program continues to support historic preservation projects effectively. One key update is the requirement to submit credit reservation requests concurrently with Part 2 applications. Additionally, […]
Broadmoor LLC is inviting subcontractors and trade partners to join the Northwest Louisiana State Office Building Phase 2 Project in Downtown Shreveport. As the project progresses toward its next phase, Broadmoor is seeking local and DBE/SBE participation to foster collaboration and strengthen the community’s role in the development. Information Session Details Interested subcontractors and trade […]
The Historic Tax Credit has been a significant incentive for development in downtown Shreveport. Sixty-seven projects have used the tax credit for their projects in Shreveport. The total QRE (Qualifying Rehabilitation Expense) for those projects is $575,493,285.91. The 600 and 700 blocks of Texas Street were literally transformed using the tax credit program. “The Historic […]
The Shreveport DDA is a hub of information and assistance for business opportunities. There are an array and attainable grants and incentives to foster growth and success. Whether you’re a new entrepreneur or an established business owner, there are programs tailored to help with costs like facade upgrades, signage improvements, and property transformations. These resources […]
A recent report from Shreveport’s Small Business Task Force, working alongside the nonprofit Cities Work, sheds light on the obstacles faced by local entrepreneurs. While startup fees in Shreveport are relatively low, the report highlights an array of regulatory hurdles, outdated processes, and prolonged wait times that make it challenging for small businesses to launch […]
The State Bond Commission took a major step yesterday towards revitalizing downtown Shreveport, approving $75 million in lease revenue bonds for the development of the new Northwest Louisiana State Office Building. This approval, which is part of a projected $100 million investment, helps pave the way for the renovation of the former federal building located […]
The holiday season may feel far away, but for businesses in Downtown Shreveport, now is the time to start planning promotions and marketing strategies. Getting a head start on holiday preparation sets the tone for a fun and successful season. Before we dive into today business tip highlights, we would like to remind our downtown […]
As many of you have seen, the DDA Board has voted to offer Cedric Glover the position of Executive Director. We are excited to welcome Cedric and look forward to his leadership. Currently, the DDA is in contract negotiations, and we have received several media inquiries. We ask that all questions, media requests, or other […]
We had not one but two ribbon cuttings on Texas Street yesterday! We’re thrilled to congratulate Cooper’s Corner and Ono Hawaiian Grill on their grand openings! Cooper’s Corner has undergone a beautiful renovation and is now home to a variety of downtown businesses, breathing new life into this historic building. Ono Hawaiian Grill has also […]
Einstein would likely approve this proposed ordinance. For years absentee or disengaged property owners in downtown Shreveport have been allowed to let their properties sit vacant, becoming home to vagrants, becoming a stain on the fabric of downtown, and a drain on the value of adjoining properties. Mayor Tom Arceneaux, with the assistance of the […]
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