Port Of Caddo-Bossier Opens $12 Million Heavy-Load Warehouse
Officials with the Port of Caddo-Bossier, along with representatives from the Louisiana Department of Transportation (LaDOT) and the Red River Waterway Commission, held a ribbon cutting ceremony last month for the port’s newest heavy-load, multimodal warehouse.
The $12 million facility is already leased, with Odyssey Logistics planning to house products for port tenants.
“‘Build it and they will fill it’ is the best way to describe this project,” said Caddo-Bossier Parishes Port Commission President Bill Altimus. “The port commission has always been very responsive to the needs of our tenants. When they said they needed more warehouse space to store their materials, we constructed the 100,000-square-foot warehouse. Now we are opening a second, smaller warehouse to house even more materials.”
The Red River Waterway Commission and LaDOT contributed funding for the project.
“The completion of this 40,000-square-foot warehouse is another major step in the continued development of the Red River and of the Port of Caddo-Bossier,” said Colin Brown, Red River Waterway executive director. “As the local sponsor of the J. Bennett Johnston Navigation Project, the Red River Waterway Commission promotes economic development along the river. The port has proven to be a huge economic driver for Caddo and Bossier parishes and for our entire region. The commission is thankful for the port’s vision and is thankful to have played a part in this important project.”
Julia Fisher-Cormier, commissioner of the Louisiana Office of Multimodal Commerce, said the project reflects Louisiana Gov. Jeff Landry’s commitment to ports and waterways throughout the state.
“The governor has made it clear to those of us in leadership that Louisiana ports are at the forefront of our transformative work here in the state,” Fisher-Cormier said. “The Office of Multimodal Commerce continues to support and fund smart growth through our port priority program. Caddo-Bossier’s port warehouse project is exemplary of smart growth that fulfills an immediate need with long-term economic benefits. Our Louisiana ports are the heart of our economy, and we will continue to foster their competitive developments.”
With the new facility, Odyssey Logistics now operates a total of 460,000 square feet of warehouse space within the Port of Caddo-Bossier.