50 Cent’s $50 Million Entertainment District Deal in Shreveport Approved

Shreveport has approved a major redevelopment deal with Curtis “50 Cent” Jackson, who is investing $50 million of his own money to transform the downtown area into a film and entertainment district. The project includes revitalizing Millennium Studios and Stage Works Studio, with construction expected to begin late this year or early next. The plan introduces a new Film and Entertainment Gateway Economic Development District, funded by a 2% sales tax within its boundaries. All revenue will go into a trust fund dedicated to redevelopment. City leaders emphasized that no citywide resources are being risked, and the deal is structured so taxpayers aren’t on the hook if it fails.

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