Allendale-Ledbetter West Edge
1. Will attract private investment and new businesses;
2. Supports a live-work environment in downtown;
3. Provides diverse housing for all household types; and
4. Uses funds efficiently and maximizes leverage.
The proposed Housing Plan provides for safe, high quality, energy efficient, mixed-income developments supported by neighborhood retail, investments in public transit, cultural markers, parks, and job centers. Within the housing developments - the 23-acre Millennium site and the C.C. Antoine Park green space - the Housing Plan will add new pocket parks, recreational amenities, playgrounds, water features, and gateway public art. In addition to new housing, these public investments will add value to the surrounding community.
Millennium Studios: Located within walking distance of downtown, the Millennium Studios site has been identified as a critical node for mixed-income, mixed-use development in the CN Transformation Plan. The Millennium redevelopment will create 312 mixed-income units and 5,000 square feet of retail.
Uneeda Biscuit Building: Located within the Texas Avenue Arts District, in partnership with the Shreveport Regional Arts Council, Brown Builders will redevelop this historic building into 32 new units.
Heritage Place: Located around the C.C. Antoine Park, the Heritage Place development will provide 90 mixed-income units of duplexes and single-family homes for rent and for purchase in and around a newly developed public greenspace with water retention features, trails, and recreation space.
These plans are in addition to the 52 units completed to date as part of the Transformation Plan. As of December 2017, 168 units are financed with 9% LIHTC and will begin construction in 2018, and 122 units are in predevelopment. By the end of 2019, 45% of the Housing Plan will be complete.
PHASE UNITS START DATE
Phase 1 40 units completed
Phase 2 12 units completed
Phase 3 68 units fully funded; construction spring 2018
Phase 4 68 units fully funded; construction summer 2018
Phase 5 32 units fully funded; construction summer 2018
Phase 6 122 units predevelopment; construction 2019
Phase 7 54 units TBD
Phase 8 90 units TBD
TOTAL 486 units
Phase 5 - Uneeda Biscuit Building
Phase 6 - Mixed-Use, Mixed-Income Apartments
Phase 7 - Senior Apartments