SHREVEPORT, La — On Tuesday, June 11, 2024 during the Shreveport City Council meeting, Attorney Michael Busada announced that the Libbey Glass Plant on Jewella Avenue in Shreveport, Louisiana will be demolished.
An aggressive economic development plan has been put forward, with a $17 million dedication by the Louisiana Governor included in the state budget for the Louisiana Economic Partnership (LEP) to purchase and demolish the property.
Of the $17 million, $5.7 million is in cash, while the remainder will need to be sourced through additional funding efforts.
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This development marks a significant move towards economic revitalization in the area, aiming to repurpose the site for future growth and opportunities.
