Cooper’s Corner at the corner of Texas and Louisiana streets offers a unique space for entrepreneurs while preserving the building’s rich history.
by Ariel Roberson, ShrevePossible
Cooper’s Corner, across from Rhino Coffee on the bustling corner of Louisiana and Texas streets in downtown Shreveport, is reemerging as a beacon of historical significance and entrepreneurial opportunity. In the spirit of the area’s rejuvenation, marked by the presence of Pepitos XO at ArtSpace, Coopers Corner stands tall, welcoming a new generation of businesses eager to be part of its rich legacy.
The transformation of this space wasn’t just a financial endeavor but a deliberate effort to revive the past while sculpting a vibrant future. William O’Brien and a group of visionaries seized the opportunity to breathe new life into this downtown gem after watching the building’s sale price fluctuate through the years, from $425,000 to $1 million.
The decision to retain much of the original building with its historical charm also brought significant tax credits, amounting to about 40%. What distinguishes Cooper’s Corner is its unique blend of ownership and tenancy, fostering a symbiotic relationship between the occupants and the community. This synergy ensures not only financial stability but a collective investment in the prosperity of the neighborhood.
Beyond its economic appeal, it’s the integration into the fabric of downtown that sets Cooper’s Corner apart. Surrounded by like-minded individuals and businesses, it cultivates a sense of belonging and collaboration. The architectural allure of Cooper’s Corner, with its century-old floors, exposed brick and soaring ceilings, exudes an irresistible charm, adding to the allure of the space.
With a diverse array of rental options, Cooper’s Corner caters to various business needs. The ground level boasts six suites, ranging from 1,100 to 2,500 square feet. The adaptability of these spaces makes them ideal for retail, hospitality ventures or innovative startups. Moreover, the possibility of subleasing on an office-by-office basis on the upper floor further enhances the flexibility for potential businesses.
Flexibility defines Cooper’s Corner’s approach to rental pricing, ranging from $17 to $19 a square foot. Tenants have the choice between a base price with additional charges or an all-inclusive rate that covers various expenses. This flexibility allows businesses to tailor their lease structure according to their financial preferences and goals.
One of the hallmarks of Cooper’s Corner is its emphasis on customization. Each suite comes equipped with its own electrical panel, granting tenants control over utility bills and enabling adjustments to suit their specific needs. This level of customization is a boon for businesses with unique operational requirements, whether it’s controlling the temperature or accommodating specialized equipment.
Looking ahead, Cooper’s Corner continues to attract businesses eager to carve their niche in this thriving community. Its strategic location, historical significance and commitment to nurturing a vibrant community make it an ideal destination for entrepreneurs aiming to thrive in the heart of downtown Shreveport.
Cooper’s Corner’s amalgamation of financial viability, historical resonance, adaptability, and community spirit positions it as a pivotal player in shaping the evolving landscape of the Texas Street business scene.
