Curtis “50 Cent” Jackson at Shreveport Mayor Tom Arceneaux’s reelection and birthday
Curtis “50 Cent” Jackson made an appearance at Shreveport Mayor Tom Arceneaux’s reelection and birthday party .
- Louisiana has completed an agreement for a $124 million entertainment redevelopment project in Shreveport.
- The project is led by Curtis “50 Cent” Jackson’s G-Unit Film and Television LLC.
- Louisiana Economic Development will provide up to $50 million in performance-based funding for the investment.
Louisiana has completed an agreement for entertainment redevelopment in Shreveport. This announcement follows the planned $124 million, multi-phase investment by G-Unit Film and Television, LLC (G-Unit).
As of Jan. 12, the Louisiana Economic Development (LED) had entered into a Cooperative Endeavor Agreement to provide up to $50 million in performance-based funding for eligible infrastructure and modernization improvements for the multi-phase investment by G-Unit.
According to LED, the agreement ensures that state support is tied to economic impact, local business engagement and delivery of infrastructure improvements.
This planned investment will develop three entertainment industry-related venues in Northwest Louisiana — including the former Stageworks facility, former Millennium Studios campus and G-Dome.
“North Louisiana is on the rise, and we’re thrilled to welcome yet another project that sees the strength, talent and potential of this region,” Gov. Jeff Landry said.
According to G-Unit, this investment is projected to generate an economic impact of $18.8 billion and support more than 6,000 jobs statewide, as well as $300 million in wages in the next 20 years.
“This project is the realization of the long-term commitment I have made to the City of Shreveport and the State of Louisiana,” said Curtis “50 Cent” Jackson, G-Unit owner. “By reinvesting in downtown Shreveport and upgrading existing assets to create state-of-the-art entertainment and production facilities, we are creating jobs, inspiring hope, attracting new productions, and giving the entire entertainment industry a reason to build their futures right here. My goal is to turn Northwest Louisiana into the premier destination for film, music, and live entertainment on a national scale. All Roads Lead to Shreveport.”
Makenzie Boucher is a reporter with the Shreveport Times. Contact her at [email protected].
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.shreveporttimes.com ’
