Shreveport’s downtown district is entering a new phase of growth as the city’s Downtown Development Authority (DDA) works to attract businesses, developers and investors to a portfolio of nearly 40 vacant properties. The effort comes amid a backdrop of dozens of empty buildings that have stood idle for years, but city officials say the inventory represents opportunity for families, entrepreneurs and the broader community.
Real‑estate inventory and outreach
The DDA’s website currently lists about 30 properties and lots for sale and six locations available for lease. Executive Director Cedric Glover explained that the authority partners with property owners, realtors and developers to turn long‑vacant structures back into productive commercial space. “We have a good stock of buildings, several of whom have been closed for several decades,” Glover said. “We’re in the process of working to be able to bring those buildings back into commerce.”
Local business owners see promise
Even as the vacancy count remains high, existing downtown merchants remain optimistic. Barbara Coleman, who runs Healing Waters Candles, has lived in Shreveport for 24 years and says the city’s character continues to attract customers. “I’m happy, but I know we can grow and it will grow,” she said. “There’s just so much people don’t know.”
Ibrahim Fassho, manager of On Time Fashion, echoed that sentiment, hoping to see a broader mix of retailers. “I would love to see more mom‑and‑pop shops open,” Fassho said. “I’d love to see some chain stores, too… I’d love to see a grocery store.”
Major development projects on the horizon
Several large‑scale projects are slated to add activity and housing to the downtown core. The Petroleum Tower Lofts development plans to deliver 117 new apartment units by December 2027, providing modern living options for young families and professionals. In addition, the G‑Dome and G‑Unit Studios projects are expected to be completed in 2027, bringing entertainment and creative‑industry space to the area.
Strategic partnership for a short‑term plan
To accelerate progress, the city recently partnered with Retail Strategies, a consulting firm that specializes in revitalizing commercial corridors. Together they are drafting a short‑term plan focused on improving foot traffic, enhancing streetscapes and supporting existing merchants while new tenants move in.
What this means for families and the community
For Shreveport families, the revitalization effort promises more local shopping options, new housing choices close to schools and workplaces, and a safer, more vibrant downtown environment. By converting vacant structures into active businesses and residences, the DDA hopes to create jobs, increase tax revenue and foster a sense of pride among longtime residents.
Looking ahead
Glover emphasized that the DDA will continue seeking partnerships and creative financing solutions to bring more businesses and development to downtown Shreveport. “Our goal is to make the downtown area a thriving hub where families can work, live and shop,” he said. “We’re committed to turning these empty lots into opportunities for our community.”
Original reporting: KTBS 3 (Shreveport) — read the source article.
