Shreveport, LA, September 19, 2025
News Summary
The Shreveport City Council is set to vote on a new initiative to create an entertainment district in downtown, backed by rapper Curtis ’50 Cent’ Jackson. This represents a significant step towards economic revitalization, with plans for a 2% sales tax to fund redevelopment. The initiative aims to transform vacant properties into bustling commercial spaces, while also generating job opportunities in the region’s film industry. However, concerns have been raised about the potential impacts on public property and future development.
Shreveport is poised for a major vote by the City Council on a new initiative aimed at creating an entertainment district in downtown Shreveport, an effort driven by rapper and entrepreneur Curtis “50 Cent” Jackson. The proposed initiative is expected to lead to significant economic development and revitalization in the downtown area.
The City Council is scheduled to decide on a plan that will establish a special economic development district in alignment with state laws, primarily funded by a suggested 2% sales tax on purchases made within the district’s boundaries. This sales tax is intended to generate funds for redevelopment efforts, with proceeds directed into a trust fund designated for the district.
Fifty Cent’s investment plays a central role in this initiative, as he is reportedly injecting millions into the renovation of vacant properties, including a recent lease for G-Unit Film & Television to occupy StageWorks, which signifies a boost in film industry operations in the area. His private investment has already amounted to over $3.7 million for the purchase of 10 privately owned buildings and empty lots since May.
With Shreveport’s Mayor Tom Arceneaux backing the initiative, officials hope to convert empty buildings into vibrant commercial hotspots. The City’s bond attorney emphasized that the proposed tax incentive will be generated from the increased business activities attributable to Jackson’s investments. The initiative encompasses significant locations in the downtown area, including Millennium Studios and StageWorks.
As the entertainment district proposal moves forward, it anticipates a ripple effect on local employment. The City is set to welcome multiple film productions throughout the summer and fall seasons, creating numerous job opportunities in the region. The film and entertainment commissioner, alongside other city officials, is promoting local networking events aimed at bolstering interest in the film industry.
However, not all feedback has been wholly positive. State Senator Sam Jenkins has voiced concerns regarding the sale or leasing of publicly owned property, cautioning that such actions could potentially hinder future development projects. He is advocating for seamless integration between Jackson’s developments and existing initiatives, including the Amtrak Interstate 20 corridor and the Red River Entertainment District.
City Council members have acknowledged the need for diverse economic growth across Shreveport. While the upcoming vote represents a pivotal moment for the development of the aforementioned entertainment district, the council holds the ultimate decision-making power.
The collaboration between Curtis “50 Cent” Jackson and the City of Shreveport marks not only a bold step toward economic rejuvenation but also highlights the potential of the entertainment industry as a catalyst for growth in the region.
FAQ
What is the purpose of the new entertainment district in Shreveport?
The purpose is to revitalize parts of downtown Shreveport by creating a special economic development district funded by a proposed 2% sales tax on purchases made within the district’s boundaries.
Who is driving this initiative?
The initiative was requested by rapper and entrepreneur Curtis “50 Cent” Jackson.
What will the sales tax funding be used for?
Proceeds from the sales tax will go into a trust fund for the district aimed at redevelopment efforts.
How much has 50 Cent invested in downtown Shreveport recently?
Curtis “50 Cent” Jackson has invested over $3.7 million in acquiring 10 privately owned buildings and empty lots in downtown Shreveport since May.
What are the expected benefits of the entertainment district?
The expected benefits include creating new job opportunities through increased film productions and converting empty buildings into new commercial destinations.
Key Features of the Shreveport Entertainment District Proposal
| Feature | Details |
|---|---|
| Requestor | Curtis “50 Cent” Jackson |
| Funding Mechanism | Proposed 2% sales tax on purchases made within the district |
| Total Investment | Over $3.7 million |
| Key Locations | Millennium Studios, StageWorks |
| Proposed Economic Impact | Creation of new jobs through film productions, revitalization of downtown |
| Concerns Raised | Sale or leasing of publicly owned property may limit future projects |
Deeper Dive: News & Info About This Topic
HERE Resources
Labor Day Weekend Events in Shreveport
New Pizzeria Opens in Bossier City
Halloween Trunk or Treat Events in Shreveport-Bossier Area
Shaquille O’Neal Named King of the Krewe of Bacchus
Curtis Jackson Secures Lease for Stageworks Louisiana
50 Cent Surprises Fans with Visit to Fit Nation Gym
Shreveport Welcomes 50 Cent with Gym Surprise and Venue Lease
Major Fire Destroys Rite-Way Grocery and JJ’s Lounge
Shreveport Celebrates New Black-Owned Businesses
G-Unit Expands Presence in Downtown Shreveport
Additional Resources
- KTBS: 50 Cent Investment Spurs Proposed Economic District
- KTAL: Shreveport Red River Redevelopment Tax
- KSLA: High Hopes with 50 Cent in Shreveport Film Industry
- Shreveport Bossier Advocate: 50 Cent Buys Shreveport Buildings
- Encyclopedia Britannica: Shreveport
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
