Shreveport LA, September 24, 2025
News Summary
The Shreveport City Council is set to vote on a proposal for a new entertainment district in downtown Shreveport, led by rapper Curtis ’50 Cent’ Jackson. The initiative aims to revitalize the area through a 2% sales tax on purchases within the district, generating funds for redevelopment. Jackson plans to invest approximately $50 million to transform vacant buildings and attract businesses. Public support exists alongside skepticism about past redevelopment failures. The proposal includes notable locations and promises a collaborative approach with local businesses.
Shreveport City Council to Vote on New Entertainment District Proposed by Curtis “50 Cent” Jackson
A proposal to create a new entertainment district in downtown Shreveport is set for a vote by the Shreveport City Council on Tuesday. This initiative, led by rapper Curtis “50 Cent” Jackson, seeks to revitalize parts of the city’s downtown area through significant private investment.
Funding for the redevelopment of the new district will be generated through a 2% sales tax on purchases made within its boundaries. This tax will be collected at the register, impacting both customers and businesses. Businesses in the area, including those owned by Jackson, may face decisions on whether to absorb the cost or increase prices as a result of the new tax.
According to Shreveport Mayor Tom Arceneaux, state law permits the formation of a special economic development district capable of imposing additional taxes within the district. The revenue generated from the sales tax is intended to support a trust fund specifically dedicated to redevelopment efforts.
Jackson is reportedly planning to invest around $50 million into downtown properties with the aim of attracting other businesses and transforming vacant buildings into vibrant operational spaces. This substantial investment aims to enhance business activity and is expected to play a crucial role in the district’s overall revitalization, according to Michael Busada, the city’s bond attorney.
The proposed entertainment district will encompass notable locations, including Millennium Studios, StageWorks, and several other sites throughout downtown Shreveport. The plans have drawn some public support, with residents suggesting the district be renamed to honor cultural contributions, such as proposing names like “Sam Cooke Cultural Arts District.”
Despite the enthusiasm surrounding the project, there are skeptics who point to past high-profile projects in Shreveport that failed to yield promised results. In an effort to address concerns, council members have discussed communication with existing businesses in the area to ensure they are considered during the redevelopment process.
Oversight of the trust fund established for redevelopment projects will be managed by a nonprofit corporation with a seven-member board appointed by the mayor. As of the latest updates, it has been noted that no construction permits have yet been pulled for any of Jackson’s properties.
Overall, the collaboration between private investment and public policy has led to a sense of optimism among council members, as they prepare for the impending vote that could reshape the downtown area.
FAQ
What is the new entertainment district proposed by Curtis “50 Cent” Jackson?
A proposal to create a new entertainment district in downtown Shreveport has emerged, initiated by rapper Curtis “50 Cent” Jackson.
When will the Shreveport City Council vote on the proposal?
The Shreveport City Council is scheduled to vote on the proposal on Tuesday.
How will the redevelopment of the new district be funded?
The funding for the redevelopment of the new district will come from a 2% sales tax on purchases made within its boundaries.
What areas will the proposed district include?
The proposed district includes Millennium Studios, StageWorks, and other sites in downtown Shreveport.
What are some concerns regarding the proposal?
Skeptics are concerned about past high-profile projects in Shreveport that have failed to deliver results.
Key Features of the Entertainment District Proposal
| Feature | Details |
|---|---|
| Proposed by | Curtis “50 Cent” Jackson |
| City Council Vote | Scheduled for Tuesday |
| Funding Source | 2% sales tax on purchases within the district |
| Investment Amount | Approximately $50 million |
| Inclusivity of Businesses | Discussion with existing businesses planned |
| Dedicated Trust Fund | Governed by a nonprofit with a seven-member board |
Deeper Dive: News & Info About This Topic
HERE Resources
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Additional Resources
- KSLA: Shreveport City Council Votes on New District Funded by Curtis “50 Cent” Jackson
- KTBS: 50 Cent Investment Spurs Proposed Economic District
- Black Enterprise: 50 Cent’s G-Dome in Shreveport
- Wikipedia: Entertainment District
- Google Search: Shreveport Economic Development
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.
