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Potential Sale of Former South Park Mall Property in Shreveport

Aerial view of South Park Mall showing signs of deterioration

News Summary

The former South Park Mall, currently owned by Summer Grove Baptist Church, may undergo significant changes as church leadership prepares to vote on the potential sale of the property. With part of the site remaining unused and exhibiting signs of deterioration, the decision could impact the local economy and future redevelopment opportunities. Meanwhile, plans for a new research facility at Mall St. Vincent could revitalize the area, highlighting the significance of these developments for Shreveport’s economic landscape.

Shreveport – The former South Park Mall property, currently owned by Summer Grove Baptist Church, may soon see significant changes as church leadership prepares to vote on the potential sale of part or all of the 800,000 square feet site. The decision could have far-reaching implications for both the local economy and the future of the historic mall complex.

With a substantial portion of the property remaining unused, the site exhibits signs of aging and disrepair. Visible rusting rebar on external columns is a stark reminder of its decline. Despite the deterioration, a charter school affiliated with Summer Grove Baptist Church continues to function, with educators actively preparing for the forthcoming school year.

Interest from various potential tenants has emerged concerning the vacant retail space previously occupied by Burlington Coat Factory. However, no leases have been finalized as of yet. Currently, part of the former mall property is also home to the Caddo Parish Sheriff’s Safety Town, further complicating future development opportunities.

Speculation regarding the future of the historically significant site is palpable within the community. With the church leadership’s upcoming vote being pivotal, the fate of this property remains uncertain. Efforts to reach representatives from Summer Grove Baptist Church for comments have yet to yield a response.

Impact of LSU Health Shreveport’s Investment

In recent developments, Mayor Tom Arceneaux revealed that LSU Health Shreveport has acquired a former Sears property at Mall St. Vincent. This investment includes plans for the transformation of the Sears space into a state-of-the-art research facility, set to enhance cancer and cardiovascular research capacities over the next two years. Remarkably, the project will not require any state funding.

The proposed research facility will span 160,000 square feet and incorporate modern designs to support dynamic research requirements. The introduction of this facility is anticipated to revitalize the surrounding area and potentially draw hundreds of individuals to the mall, reminiscent of its bustling past.

Historical Context and Economic Development Initiatives

The original decisions surrounding economic development initiatives for Mall St. Vincent were set in motion in 2013. The city aimed to preserve the value of the mall through a resolution that created a special economic development district. This district was established to collect a sales tax, which was intended for improvements within the area. However, the city has ceased funding these projects in recent years.

As of now, the city controller has indicated that over $1.1 million remains unallocated in the MSV escrow account. In contrast, approximately $1.8 million has already been distributed for various projects. Future distributions from this fund will require legal approval due to changes in property ownership over time.

The potential sale of the former South Park Mall property holds considerable importance for Shreveport. As both the church leadership and the community await the outcome of this vote, the direction of redevelopment and revitalization for this historic site remains to be seen.

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Additional Resources

Potential Sale of Former South Park Mall Property in Shreveport

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