Since setting his sights on Shreveport, 50 Cent has made it his mission to revive the area by investing in downtown real estate and opening restaurants. In his latest move, he has secured a deal with Shreveport officials to begin a new district downtown. On Tuesday, September 23rd, the Shreveport council gave the green light for the creation of the “Film and Entertainment Gateway Economic Development District.” He hopes to revive the downtown area by making it an entertainment and production center with his Millennium studio and Stage Works Studio at the head of that project. The district is expected to be a 50 million dollar investment from 50 Cent’s own pockets, being one of the largest investments in northern Louisiana history. There would be a 2 percent sales tax within the area that would go wholly into a trust fund to be invested back into more redevelopment. Construction is said to begin late 2025 or in early 2026.
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