Shreveport has the Downtown Development Authority (DDA) which is a city agency funded by an extra ad valorem tax on properties within a defined downtown district.
The New Orleans Downtown Development District (DDD) is a similar organization in the Big Easy.
The NOLA DDD just released is Q3 2025 Market Report . The report provided hard data in several categories.
Downtowns’ Physical and Economic footprint
9,4 million square feet of Class A office space
476 retail businesses
98 hotels with 22,680 rooms
8 coworking spaces and 9 businesses incubators/accelerators
6,370 apartments and condominiums
A residential population of over 4300 residents.
Retail Market
Downtown retail inventory of 5.3 million square feet
Downtown retail vacancy rate of 6.3% with an
Average asking rent of $26.46 per square foot
11 active retail projects totaling 56,894 square feet.
Office Sector
Total inventory of 16.7 million square feet
9.4 million square feet of Class A space
Overall vacancies fell to 12.1%, and Class A vacancy declined 19.2%
Under development five active office projects totaling 607,103 square feet with one 500,00 square-foot project.
Housing Market
6370 units in inventory
Vacancy rate of 7.5%
Under development 8 multifamily projects with 365 units
Hospitality Market
Hotel demand fell to 1.1 million cumulative nights (down 8.5% year-over-year)
Occupancy averaged 50.9%
16 active hotel projects totaling 1,116 units.