Realtors Chris Hayes and Keith Kiper explain why Corporate Realty of Birmingham was willing to invest over $100 million on the Cross Bayou development proposal.
Pundit Scott Hughes says that, when it comes to next fall's Shreveport mayoral race, "This is a bomb that went off and had collateral damage everywhere."
Steven Jackson talks about the recent City Council vote shooting down a proposal by Mayor Ollie Tyler to borrow $30 million to fund a new, downtown sports arena.
Corporate Realty of Birmingham, Alabama has proposed spending $139 million dollars to build a retail complex at Cross Bayou. The project would also have included a hotel and residential space. Is the deal dead now that the Shreveport City Council has voted 6-0 against the Mayor's plan to sell $30 million in revenue bonds to fund an arena to house the New Orleans G-League team.
Stephanie Lynch says that she and Councilman Willie Bradford co-authored a resolution rejecting the overtures made to the city by the NBA New Orleans Pelicans.
Mayor Ollie Tyler wants to build a sports complex at Cross Bayou to house the team. Corporate Realty of Birmingham, Alabama has proposed a multi-faceted complex that would include a hotel, residential, and retail. The company wants to invest more than $100 million on the deal.