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.

Where, exactly, is it going to be? Right at the end of the Interstate where they tore down those projects?

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.

>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.