News Summary

Construction is set to resume on the new state office building in downtown Shreveport, Louisiana, with a projected completion date of late spring or summer 2027. The project will provide 150,000 square feet of office space and a multilevel parking garage, significantly boosting local economic activity. A recent budget increase to $100 million reflects necessary adjustments for safety systems and build-outs. The Downtown Development Authority supports the initiative, though concerns about including Disadvantaged Business Enterprises have been raised.

Shreveport: Construction Progressing for Northwest Louisiana State Office Building

Construction is set to resume on the new state office building located at 500 Fannin Street in downtown Shreveport, Louisiana, starting this July after a period of inactivity. The project, which has undergone a recent budget increase to accommodate adjustments, is anticipated to significantly boost local economic activity.

The office building will span 150,000 square feet and will feature an adjacent multilevel parking garage. Broadmoor LLC has been appointed as the Construction Manager at Risk (CMAR), taking responsibility for cost overruns and ensuring the project is completed on time. The all-in estimated cost for the new office building is projected to be just above $100 million, as assessed by architect Christopher Coe.

An informational meeting was hosted by Broadmoor for trades and subcontractors interested in bidding for jobs related to the project. Bids from potential subcontractors are due by May 28, with the final budget quote expected to be submitted to the state of Louisiana by June 6. The total estimated budget for the project has risen by approximately $4.2 million due to several adjustments, including tariff impacts, build-outs, and installation of safety systems.

Key Financial Elements

The financial backing for the project includes $75 million in lease revenue bonds and $30.5 million from the Office Facilities Corporation cash. Specific adjustments in project costs leading to the budget increase include:

• $1.7 million for tariff impacts
• $1.4 million for the eighth-floor build-out
• $900,000 for a sprinkler system
• $221,000 for commissioning services

Construction and Subcontractors

Significant construction tasks outlined for the project include board assemblies, flooring installation, painting, fire protection measures, and the addition of various essential equipment. Several subcontractors have already been appointed for different aspects of the build. Hamm Mechanical will handle plumbing and HVAC, All Star Electric is responsible for electrical work, and Gage Precast has been designated for precast concrete tasks.

Timeline for Completion

The anticipated completion date for the office building is projected for late spring or summer 2027, marking a significant milestone for the city’s development initiatives.

Support and Concerns

While the Downtown Development Authority (DDA) has been an active supporter of relocating state operations to downtown Shreveport, seeing it as a vital economic benefit for the community, questions surrounding the inclusion of Disadvantaged Business Enterprises (DBE) have been raised. However, the state procurement model does not currently establish an official DBE goal.

As work on this project accelerates through the summer, the completion of the state office building is expected to not only enhance state operations but also stimulate additional economic growth and development in downtown Shreveport.

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Additional Resources

• Shreveport Bossier Advocate: State Office Building Update
• KSLA News: Funding Increases for New Office Building
• Bossier Press: New State Office Building Progress
• KTBS News: Construction Costs Increase for State Office Building
• Wikipedia: Shreveport
• Encyclopedia Britannica: Shreveport

Author: STAFF HERE SHREVEPORT WRITER

The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.