SHREVEPORT CROSS BAYOU - A proposed development project along Cross Bayou near downtown Shreveport estimated to cost more than a Billion dollars was brought before the Shreveport City council yesterday. According to the Shreveport Times – members of the Gateway Development Consortium shared their proposed Cross Bayou Point Project which plans indicate would include a mix of city-residential, commercial, government buildings and sports and recreational venues. The estimated cost is $1.5 Billion Dollars. At the conclusion of the 2-and-a-half hour small business committee meeting councilman Willie Bradford said he plans to propose legislation to the City Council that would be a binding agreement between the city and Consortium and expressed that such a project may provide hope for the city’s future economy.
"Other cities within Louisiana are moving, progressing in their economic fields,"Bradford said. "But we have been stagnated for too long. I don't know if we lost faith in ourselves or hope in ourselves but I think over the next month and three weeks, we can infuse some hope in our city with a project like this."
Although details have yet to be worked out, Bradford plans to bring the legislation to the City Council during the Dec. 9 work session and Dec. 10 meeting. The Council would vote on his measure on Jan. 14. The proposed project would involve some 88 acres of city-owned land that sits along Cross Bayou just north of the downtown district.