TMG Wins State Planning Award!
On January 22, 2015, TMG Consulting and the Downtown Development Authority (DDA) of Shreveport, Louisiana were awarded the American Planning Association – Louisiana Chapter 2015 State Planning Award of Excellence for a Process. The award was given for TMG’s market assessment of the Shreveport Common Arts and Cultural District.
The study was spearheaded and funded by the DDA and the Downtown Shreveport Development Corporation (DSDC). TMG Consulting analyzed the market potential for retail, commercial, and residential development (both market rate and artist housing). Projections of the potential utilization, necessary units and square footage, occupancy rates, and rental revenues for the retail/commercial and residential developments were detailed in the study document. The team’s report has been instrumental in discussions with potential developers, investors, and the banking community about opportunities in Shreveport Common.
“It was remarkable to see all the data put into an analysis that gave easily understandable meaning to the opportunities available in Shreveport Common. We’re glad to have had the partnership of TMG Consulting in this project,” says Liz Swaine, Executive Director of the DDA/DSDC.
This award-winning project was led by Suzanne Leckert, Director of Feasibility & Land Use, with significant contributions from TMG’s Eric Melancon, Nilsa Duran, Tiffany Pitre, and Rachael Bauer. At the 2015 Louisiana APA Conference held in Baton Rouge, Suzanne and Eric presented the study to a packed house of planners, government officials, and local leaders.
Read an Overview and Executive Summary of the award-winning market assessment here. For TMG’s full list of client offerings, visit our Products page. Congratulations to our partners and the entire TMG team!
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