Today, a local group of entrepreneurs asked members of the Shreveport City Council (Task Force on Small and Emerging Businesses) for their support in a $1 billion endeavor.
“We want you to participate as a partner by giving infrastructural improvements, do anything a new business moving into this area would ask for,” said Gateway Development Consortium group member Paul Pratt.
The group, Curtis Joseph, Theron Jackson and Pratt, are asking the city to join in on the $1 billion effort to build along the Cross Bayou.
“We want you to participate as a partner by giving infrastructural improvements, do anything a new business moving into this area would ask for,” Pratt said. “This is a catalyst to spur economic development in our city.”
The mixed-use development center will include a charter school, a multi-purpose sports complex and 5,000 residential units.
“Whether it’s an influx of a new economic base, we need an infusion of new things that will help this city grow,” said Shreveport city councilman Willie Bradford. “However the city can package a deal to where the larger benefit will be for our city or our residents, the city should benefit.”