Gateway Development Consortium announced it has received the support of the National Association of Minority Contractors as well as the Greater Shreveport Chamber of Commerce and the Shreveport Bossier African-American Chamber of Commerce (SBAACC) for its Cross Bayou development plan.
Each entity has joined the GDC and the chorus of others urging the Shreveport City Council to sign a non-binding MOU allowing GDC to proceed in its efforts to bring the $1 billion Cross Bayou Point project to completion.
The Shreveport Bossier African-American Chamber of Commerce stated that GDC’s commitment to hiring 50 percent minorities, as well as women and local-owned enterprises is inspiring and the group should be allowed the opportunity to take the necessary steps to bringing the project to fruition.
“There is no risk in a non-binding MOU,” said Darrin Dixon, chairman SBAACC. “A flourishing downtown is within our grasp so let’s see if this team has the ability to help us do that.”
Tim Magner, president of The Greater Shreveport Chamber of Commerce stated that a non-binding MOU “can express the City’s interest in exploring the project further and will allow for the process to move forward toward accomplishing a development plan without legally or financially committing the City of Shreveport.”
NAMC stated that with more than 150 minority businesses in the
construction industry, they see this as positive stimulus in the
“This development would engage a high level of enthusiasm for many of the businesses in the construction, engineering, and architectural professions,” said Donald Hobdy, executive director of NAMC.
Last week, GDC launched www.crossbayoupointproject.com, featuring a broad level of support spanning the spectrum of Shreveport’s political, business and civic leadership urging the city to move the project forward by executing a non-binding MOU with GDC.