Downtown Shreveport is seeing continued investment with two major residential projects moving forward, highlighting downtown Shreveport’s ongoing revitalization.
Redevelopment Update: Petroleum Tower
The Petroleum Tower project reached a key financing milestone this week, bringing the long-anticipated redevelopment one step closer to construction. The Northwest Louisiana Finance Authority (NWLFA) granted preliminary approval for a financing structure that would allow taxable bonds to be issued by the developer positioning the redevelopment into its next phase. The State Bond Commission is expected to consider final approval on March 19…