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Presented to Governor John Bel Edwards, U.S. Senators Bill Cassidy and John
Kennedy, Congressman Mike Johnson, LA Senators Barry Milligan, Barrow
Peacock, and Gregory Tarver, Lawrence A. Bagley, Cedric B. Glover, Sam L.
Jenkins, Jr., Danny McCormick, Tammy T. Phelps, Thomas A. Pressly, and
Alan Seabaugh, Mayor Adrian Perkins, the Shreveport City Council, the Caddo
Parish Commission, and citizens of the City of Shreveport and Caddo Parish
E XECUTIVE SUMMARY 04
DOWNTOWN INFRASTRUCTURE 05
D I G I TA L I N F R A S T R U C T U R E 08
T R A N S P O R TAT I O N 22
SPECIAL ACKNOWLEDGMENTS 24
CONCLUDING THOUGHTS 25
APPENDIX A 28
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“THE ONLY THING WE HAVE TO FEAR IS FEAR ITSELF”
FRANKLIN D. ROOSEVELT
The Shrevepor t Economic Recover y Taskforce (SERT ) came together to
formulate an economic development recover y plan to address the present
economic crisis caused by the greatest public health emergency since the 1918
Flu Pandemic.Shrevepor t is presently experiencing thir ty percent unemployment,
a twenty-fivemillion- dollar budget shor tfall, the closure of Libby Glass, the
loss of thousands of gaming jobs as well as hundreds of small business that
are not coming back. This is all taking place in the midst of a reckoning
across the globe on the historical inequities of race.
The hard truth is that pre -pandemic, Shrevepor t’s economic outlook was
trending down. Covid-19 simply accelerated the spiral. However, histor y shows us
that out of great chaos, comes a chance for renewal. We have been presented with a
once -in-a- generation oppor tunity to rebuild our city’s infrastructure to compete in a
post-pandemic, technologically driven, global economy.
Shrevepor t has a unique oppor tunity to emerge post- Covid-19 as a stronger city.
By investing in our infrastructure and focusing on projects that are sustainable
and economically viable, we can course - correct after decades of missed
oppor tunities. Building 21st Centur y infrastructure is the key to replacing lost jobs,
boosting our local economy, and securing the city’s future.1
1 Numerous studies on Caddo Parish, such as the Shreveport-Caddo 2030 Master Plan, were also ex-
tremely helpful to the committees as we sought solutions to propel Shreveport forward.
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EXECUTIVE SUMMARY
Shreveport has long struggled to capitalize on opportunities as they appear. Too
often, good intentions have failed to materialize in the form of meaningful action. We
hope that the following suggestions will help take Shreveport down a different path,
one that benefits its citizens and leads to a robust economy and high quality of life for
those citizens.
I. Downtown Infrastructure
a. New State Building
b. New Justice Center
c. Re-envisioning Texas Street
d. The Edges
e. Financing
II. Digital Infrastructure
a. Gaps in Broadband Coverage
b. Importance of Broadband Coverage
c. Solutions
d. Financing
III. Future Bonds Proposals
a. Funding Mechanism
b. Bond Projects
i. Broadband Internet Access
ii. Water and Sewer
iii. Police, Fire, SPAR, and Sportran
iv. Streets and Drainage
v. Other
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DOWNTOWN
INFRASTRUCTURE
For Shreveport to emerge from the pandemic as a stronger and healthier city, we must
invest in Downtown infrastructure. Creating a strong downtown would generate
economic benefits for our entire city. Furthermore, Downtown contains some of our most
iconic buildings and landmarks, and this rich cultural history speaks both to what Shreve-
port has been and what it can be with a revitalization plan that prioritizes infrastructure.
Infrastructure is more than just streets, sidewalks, and sewers; it includes the fabric of
downtown. Downtown Shreveport is a vital part of the infrastructure of the city.
Re-envisioning Downtown requires a shift in our collective thinking. It is the opinion of this
committee that we need to focus on projects that serve people. The traditional model of
constant expansion further and further away from our city’s core is a road that leads to
nowhere. By reinvesting in Downtown and the areas surrounding it, we create
economically viable spaces for our citizens to live and work for the long-term.
• As Covid-19 changes where and how we work and interact with each
other, this is a timely opportunity to pursue the construction of a new
state building that addresses these public health issues.
• The building should be located in downtown, reinforcing the presence
of the City and Parish offices, restaurants, and the bulk of Shreveport’s
office market. The existing State office building sits alone in an
environment that provides no pedestrian connections and economic spinoff.
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III. Re-envisioning Texas Street
► Pedestrian-focused improvements
can help capture retail energy and
encourage a vibrant downtown area.
• Lighting should be improved
• After-hours parking arrangements with nearby garages
should be pursued
• Façade grants should be created
• Awning grants and design standards should be created
• Security enhancements should be pursued
• Downtown park plan should be developed and implemented
• Key vacant space merchandising plan should be developed
Financing
The city cannot finance a vibrant downtown on its own and requires private capital to
proceed with Downtown development. The best way to attract private capital to in-
vest in Downtown Shreveport is to focus on supporting specific, market-proven seg-
ments.
To that end, the Cross Bayou/Ledbetter Heights area still has great merit and rep-
resents the city’s premier waterfront redevelopment opportunity to capture market
demand, expand and bolster downtown, and create a unique attraction in North Loui-
siana, an attraction that leverages the presence of gaming, but does not depend on it.
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In order for the Cross Bayou/Ledbetter Heights area to succeed, however, it must be
connected to Downtown. This requires infrastructure such as roads, stormwater
systems, sewer connections, sidewalks, etc. This infrastructure should be built by a
private developer with public assistance, using the developer’s future tax dollars to
fund the required public improvements.
A few strategic initiatives could get the ball rolling on creating a vibrant downtown, realizing
the waterfront’s potential, connecting this area to Downtown, and attracting private invest-
ment that will make Shreveport a resurgent star of the South.
Initiatives include:
• Creation of a Tax Increment Financing District(s)
• Construction of a waterwalk and seawall stabilizing the downtown bank of
Cross Bayou and Connecting it to Riverfront Park
• Strategic acquisition of property
• Environmental cleanup of the recycling center
• Developer RFP issuance
• Re-purpose Texas Street to calm traffic and create a pedestrian-friendly
• environment
The city should use a Tax Increment Financing (TIF) District in Downtown Shreveport
to fund infrastructure improvements needed for development. Establishing a TIF
District does not add new taxes. It captures new tax value generated within the
district to reinvest in local infrastructure improvements required by the new development.
In shorthand, the development pays for its own infrastructure using tax dollars that
it generates itself. This is a widely used tool in other cities that should be employed in
Shreveport.
Shreveport should be focused on taking the steps that attract private investment
that will transform the Downtown area. As a result of the pandemic, real estate
capital amounting to a value of several trillion dollars is sitting on the sidelines and
even fleeing high-cost low-return cities like New York and states like California.
Investors looking for higher returns will invest in Shreveport if they see the
government’s commitment to improving Downtown via TIF and other public-private
agreements. This commitment instills confidence in investors, and instilling
confidence should be a strategic objective of the plan to revitalize our downtown.
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DIGITAL
INFRASTRUCTURE
Today the Caddo Parish School System does not know how many of
its students have access to adequate Internet service. And even
if it did, because the city and parish lack a robust broadband
infrastructure, that information would have little or no impact on
its 2020/2021 school plans. We may be several years away from
a vaccine allowing pre-Covid-19, personal, in-classroom interaction
between pupils and teachers.
And what about the next global pandemic that will surely come? No issue has more importance to the
city’s recovery and future growth than building broadband infrastructure and bringing connectivity to all
the citizens of Shreveport.
While some cities have instituted plans to create equitable high-speed Internet access, the city and
parish has been behind the curve. To that end, the Digital Infrastructure Committee (DIC) has been
focused on identifying the gaps in Shreveport’s digital infrastructure and coming up with solutions to
address the deficits within those gaps.
DIC developed a survey to assess the Internet needs of Shreveport/Caddo Parish. The survey is
designed to capture data about the citizens Internet usage – work, school; connectivity or lack thereof.
We have entered into strategic alliances to distribute the survey with our federal delegation, The
Shreveport Library System, STEM Alliances, Shreveport Times, and Shreveport Sun. We have
contacted all city, parish and state elected officials and asked them to distribute the survey throughout
their networks. The library system has agreed to be a collection point. A copy of the survey is attached
in Appendix A as Figure 2.
We believe getting digital deserts in Caddo Parish connected to the Internet is as much a
moral and financial imperative as getting poor and rural citizens access to the telephone
was 70 years ago. Consequently, we have identified the following issues:
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• Lack of accessibility due to inadequate knowledge of who has access to
Broadband or because of inaccurate FCC maps.
• Citizens are unaware of the existence of Broadband.
• Poor/Low-income areas do not want to pay for access or find it difficult to
pay for access.
• Covid-19 causing students to be forced to depend on internet access that
some may not be able to afford to keep pace or excel in their classes.
Additionally, companies have gone remote and some households again,
simply cannot afford internet access.
• Covid-19 has highlighted the importance of having access to the internet. From corporations
shifting their workforce to remote working, to educational systems relying on distance learning,
technology has become essential to how the world will work, play, and socialize.
• Providing internet access to urban and rural communities is an important initiative to make
Shreveport a destination city for companies and families over the next 20 years.
• We believe the next wave of jobs are going to be created from this pandemic and social unrest.
Our estimation for jobs that will be created from a broadband buildout is approximately 2,500
jobs over the three to five years.
• These jobs will include telecommunication workers, IT support professionals, distant learning,
Agri-tech, Ed-tech, and internet content creators.
• A new ecosystem will also be created which will incorporate existing groups in Shreveport.
Furthermore, new stakeholders will become part of the ecosystem thereby creating a
sustainable workforce with technical skills to attract global employment opportunities.
Solutions Underway:
• (DIC) The creation of a Digital Map that accurately shows who has access to broadband tech-
nology in Shreveport.
• (DIC) Developing a survey to identify what group of people in Shreveport are affected to deter-
mine who has access to broadband and where the greatest need for internet connection is.
• (Melvin & Art: DIC Members) The discussion around a Tech Village in Shreveport where we will
house an incubator, STEM Alliance, Tech Research, and Business Community liaison.
► The purpose is for the Tech Village to become a home for black/brown technologists to
learn, teach, and give back to their communities. Additionally, the Tech Village will
create companies, provide research, and become an integral part of the Shreveport
start-up ecosystem.
• On the Week of June 15th, 2020, the House proposed a stimulus bill of $1.5 trillion with one
hundred billion of that being donated specifically for the infrastructure bill to build out the
broadband initiative across the country for all areas.
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Financing for Infrastructure Buildout: Based on preliminary discussions with service providers and
telecommunications professionals, we believe the cost of upgrading Shreveport’s broadband infra-
structure will be approximately $250MM. This cost can be broken down as follows:
• This buildout is projected to have four phases over the next 3-5 years. The first phase is
identifying the problem and creating solutions.
• The second phase will continue garnering support from Shreveport stakeholders - local
government, educational system, business community, non-profits, service providers, and the
creative arts community. This will ensure we are being transparent, building partnerships,
and fully understanding issues surrounding broadband access.
• Our third and fourth phases will be implementing the physical broadband build-out and then
growing an ecosystem around the build-out that will stimulate economic development and job
creation.
Economic Impact:
• We believe that over the next 3-5 years well over $125MM in taxable revenue can be created in
Shreveport from the 2,500 new jobs.
• We estimate that over 10-25 companies will be headquartered or have a presence in
Shreveport.
• We believe that we can attract more federal and state funds to Shreveport to continue estab-
lishing it as a destination city. We estimate that at $100MM over the next five years.
NOTE: This is a preliminary report. We are still actively working on these issues to
construct solutions. The finalized report will be complete with more robust,
equivalent solvents by the end of Summer 2020/early Fall 2020.
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FUTURE
BOND PROPOSALS
With Covid-19 affecting our health and economy and likely changing the future of both work and
education, Shreveport needs a new bond proposal to fund infrastructure projects now more than ever.
Shreveport has a large portion of its workforce in public and non-profit sector jobs, so it will be
especially hard-hit by government budget cuts in the wake of Covid-19 and the broad economic
shutdown. With many potentially out of work and the city facing pressure in tax revenues, a new
bond will provide vital stimulus that would create new infrastructure jobs, upgrade local facilities,
and expand broadband capabilities to help Shreveport move forward. Upgrading Shreveport’s
public infrastructure will bring in private investment, creating even more jobs and providing the
economic development the city so badly needs.
Funding Mechanism
General obligation (GO) bonds provide the easiest way to get money into the city’s hands. Though GO
bonds require a vote of the electorate, they provide a solid funding source and spread risk. Thus, the city
should focus on GO bonds to fund future infrastructure projects.
The city might also combine GO bonds with other kinds, like revenue bonds or special assessment bonds.
However, those bonds come with certain drawbacks.Revenue bonds require identifying a specific stream
of revenue and relying on that stream. Special assessment bonds require identifying the communities
that will benefit from particular projects and relying on special assessments against those communities.
A combination may make sense for different kinds of programs, but GO bonds should be the foundation
of a new bond proposal.
The city may also consider the C-PACE program for new construction, such as for a new police
headquarters. This program requires authorization by the state legislature and then by the local
governments, but it could fund up to 20% of new construction that uses sustainable standards.
Bond Projects
I. Proposition 1: Broadband
► Shreveport needs to ensure solid broadband access
throughout the city to attract established companies,
encourage new startups, and ensure our children receive
the education and learn the skills necessary to succeed in
the 21st century and especially in a post-Covid-19 world.
► Total Digital Buildout: $250MM
• Much of this money should come from private investment,
such as from public-private partnership agreements that
leverage nprivate capital to ensure broadband access
across Shreveport.
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• We estimate that a total buildout will create between 1500–3000 jobs over a five-year
period.
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► Citywide Parking Lot Overlays: $635K
• This project would overlay parking lots at city properties to repair lots with cracks
and potholes
► Chris Hayes Outdoor & Building Upgrades: $400K
• This project would upgrade the building and facilities and rebuild the park pavilion
that was destroyed by a storm
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IV. Proposition 4: Streets and Drainage
► Streets and Drainage Improvements
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► Other Infrastructure and Community Economic Development Projects
• Brownfield Cleanup: $12MM, 500–1000 jobs
• Tire recycling facility: $6MM, 40–80 jobs
• Glass recycling facility: $6MM, 40–80 jobs
• Urban agriculture initiatives: $3MM, 180–360 jobs
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• Medical device/pharmaceutical: $3MM, 180–360 jobs
• High- and medium-tech startups: $2MM, 60–120 jobs
• Yard waste compost facility: $2MM, 100–200 jobs
• Local small-business projects: $2MM, 100–200 jobs
The Task Force’s Future Bond Proposal Committee has also put together a list of
recommendations for the city to best leverage political support and resources that
will make this bond a success and help Shreveport thrive.
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► Hunter Industrial Park
• The state legislature continues to improve the Industrial Hemp Bill passed last year.
Hunter Business Park was renamed Hunter Industrial Park earlier this year in an
announcement by City Economic Director Brandon Fail. The estimated 50K of
commerce from hemp production could improve the area’s manufacturing base.
Ideally, it would be beneficial if some of those products were manufactured in Hunter
Industrial Park. Hunter Industrial Park is located near downtown, but not in the Cross
Bayou Area Opportunity Zone.
► SPAR
• We recommend that the Bond Proposal include installation of a swimming pool at the
A.B. Palmer Community Center. There is a lack of swimming pools throughout the city
in mainly minority neighborhoods.
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TRANSPORTATION
There is no dispute that at some point in the near future congress will pass a major infrastructure
bill. The only issue is when and how much. It is imperative that the public and private sectors of our
region come together to focus on projects that can be shovel ready in the next year. No
infrastructure project in the region has the potential to create new jobs and economic growth more
than completion of the I-49 Inner City Connector.
The Shreveport Economic Task Force has already taken steps to accelerate the review process
of NLCOG, State and Federal DOTDs. The Transportation Committee organized business, political,
and civic leaders from across the region to urge state and federal officials to complete their respec-
tive review process. A copy of letter is attached under Appendix A, Figure 1.
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B. Economic Impact
1. $125 million dollars in construction contracts
2. Relieve traffic congestion between south Bossier and South
Shreveport.
3. Minority and Women Business contracting opportunities.
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SPECIAL ACKNOWLEDGMENTS
The Shreveport Economic Recovery Taskforce would like to express its sincere
appreciation to the interns for their hard work and enthusiasm:
And a special thanks to Hannah Sprawls, who without her leadership and talent,
this report could not be possible. Hannah has reminded us that young leaders are still
among us, ready to transport us to a brighter future.
The committee would also like to extend our sincere condolences to the family
of Linda Biernacki, on the loss of their beloved husband, father, and Shreveport
philanthropist Richard Biernacki, and to the family of Eric Yarbro, who generously
gave his time and wisdom to our Downtown Infrastructure Committee. Rest in power,
Richard Biernacki and Eric Yarbro.
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CONCLUDING THOUGHTS
It is the sincere hope of every member of this taskforce that Shreveport
succeed in the coming months and years. Those of us who have lived or currently
live in Shreveport know its potential, and we are humbled by the many non-
Shreveporters across the nation who joined our effort to help the city reach its
potential. The citizens of Shreveport are hard-working folk of diverse backgrounds,
and no one group is more deserving of a city that meets their needs than any other.
It is incumbent upon us as private citizens to do our due diligence whenever
possible to make Shreveport home for all those dwelling in its borders and a
welcome sight for those just passing through.
Sincerely,
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