|
07-11-2007, 06:52 AM | #1 |
Administrator
|
Shreveport Will Lease Ledbetter Land To Movie Studio
The city of Shreveport announced Tuesday an agreement to lease 6.7 acres in the Ledbetter Heights area to Millennium Films for a new studio and production facility.
|
07-11-2007, 12:03 PM | #2 |
SBLive! Veteran
Join Date: Sep 2006
Posts: 1,606
Rep Power: 264
|
Where, exactly, is it going to be? Right at the end of the Interstate where they tore down those projects?
|
07-11-2007, 12:26 PM | #3 |
SBLive! Veteran
Join Date: May 2006
Posts: 2,834
Rep Power: 299
|
Why would someone build a 100,000-square-foot facility on leased land? 7 acres at oh say $30k-50k an acre isn't very much money compared to the contruction costs. I know where they can buy 30 acres on Line Ave for $30k ($900k total) and still be near I-49 and project housing if that is important.
|
07-11-2007, 12:58 PM | #4 |
SBLive! Veteran
Join Date: Sep 2006
Posts: 1,606
Rep Power: 264
|
>Why would someone build a 100,000-square-foot facility on leased land?
So they don't have to 1. buy the land 2. pay taxes on it. Also, I bet the city is probably giving the land away. Most of the 100,000sf is probably warehouse-type space that is super-cheap. |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|