50 Cent Authorised For Leisure District In Shreveport

[ad_1] by Jeroslyn JoVonn September 24, 2025

50 Cent has obtained approval to remodel Shreveport’s downtown district right into a thriving leisure hub.

Curtis “50 Cent” Jackson has obtained approval to remodel downtown Shreveport, Louisiana, right into a thriving leisure hub.

On Sept. 22, Shreveport’s Metropolis Council authorised plans for the brand new downtown leisure district, KTBS reviews. Reps for the hip-hop mogul confirmed development might start as early as late 2025 or within the first quarter of 2026.

Jackson is reportedly investing $50 million of his personal cash into the mission, which incorporates upgrades to Millennium Studios, the place work has already begun at Shreveport’s Stage Works Studio to organize for manufacturing. Councilmembers voiced robust assist for Jackson’s presence within the metropolis throughout the administrative session.

“We’re speaking about threat failure and concern, from what I see, there may be little or no threat for town from what I see,” stated Councilman Grayson Boucher. “I’m not petrified of doing this as a result of 50 is prepared to take a position $50 million into Shreveport. We don’t have very many multimillionaires knocking on the door to take a position.”

Discussions additionally came about about naming the brand new leisure hub the Sam Cooke Cultural Arts District, honoring the late music legend who was impressed to put in writing his timeless basic “A Change Gonna Come” after dealing with racism in Shreveport.

“The identify doesn’t say movie or leisure. It doesn’t say something,” Shreveport resident Craig Lee stated. “This mission goes to be the biggest growth within the historical past of North Central Louisiana, spearheaded by an African American. Sam Cooke was impressed right here to put in writing ‘A Change Is Gonna Come’ — that’s a branding alternative the world would acknowledge.”

A neighborhood enterprise proprietor voiced assist, noting that Jackson’s mission would enhance financial progress within the downtown space.

“I do know that there are nice issues coming to downtown Shreveport,” the enterprise proprietor stated. “This can assist us do what we have to do downtown, particularly within the district the place I do plenty of enterprise.”

The proposed Movie and Leisure Gateway Financial Improvement District would impose a 2% gross sales tax inside its boundaries, directing all income right into a devoted belief fund for redevelopment. A companion ordinance establishes the belief fund and units pointers for using the cash.

Council members additionally raised considerations about defending longtime downtown property homeowners from being “disenfranchised,” a priority Boucher assured wouldn't happen.

“After we’re speaking in regards to the downtown space, what we’re taking a look at is 50 not competing with these current constructions, however to reinforce these specific companies which might be right here,” Boucher stated. “We’ll give the identical we’re making an attempt to present 50 Cent. I simply need native companies to know that we’re there for them too … in the event that they need to come knock on the door, we’ll assist them any manner we are able to.”