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.
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.