50 Cent’s G-Unit Movie and Tv firm plans to speculate $124 million in revitalizing a number of leisure venues in Shreveport, La.

On Monday (Jan 12), 50 Cent and the Louisiana Financial Improvement introduced the subsequent step within the rapper-media mogul’s redevelopment plan within the metropolis. The nine-figure facelift will embody the renovation of the previous Stageworks facility for dwell occasion and manufacturing leisure use, a big improve to the Millennium Studios campus, which 50 leased from town in 2023 and the development of a dome-style immersive venue and inexperienced house park.

“This venture is the belief of the long-term dedication I’ve made to the Metropolis of Shreveport and the State of Louisiana,” 50 says of the massive funding. “By reinvesting in downtown Shreveport and upgrading current property to create state-of-the-art leisure and manufacturing services, we’re creating jobs, inspiring hope, attracting new productions, and giving the complete leisure trade a motive to construct their futures proper right here. My objective is to show Northwest Louisiana into the premier vacation spot for movie, music, and dwell leisure on a nationwide scale. All Roads Result in Shreveport.”

The state can even present as much as $50 million in “performance-based funding for eligible infrastructure and modernization enhancements” on the three areas.

50 Cent additionally commented on the information by way of Instagram. “I informed you all roads result in Shreveport, now let’s work!” he captioned a screenshot of an article in regards to the new deal.

In December of 2023, 50 Cent entered right into a 30-year lease with town of Shreveport for Millennium Studios, now G-Unit Studios, which he plans to show right into a premier filming location for his many tasks and others. In the summertime of 2024, 50 hosted the Humor & Concord Weekend occasion in Shreveport, which featured a slew of star-studded occasions.