50 Cent is popping Shreveport, Louisiana right into a media epicenter. He simply secured the inexperienced mild to convey a large leisure district to downtown Shreveport. The town council formally accredited his proposal, clearing the best way for development to start as early as late this yr or within the opening months of subsequent.

In accordance with KTBS, the Queens mogul is personally investing $50 million into the mission. The event, known as the Movie and Leisure Gateway Financial Improvement District, will impose a 2 p.c gross sales tax inside its boundaries, with all income funneled right into a belief fund devoted to redevelopment. Strict tips will decide how these funds can be utilized.

District A Councilwoman Tabatha Taylor highlighted the importance of the deal, telling reporters, “I feel we have to be aware for the report this is likely one of the largest financial growth offers on this metropolis, on this area, that we’re having.”

50 shared his pleasure straight with followers on the Gram, writing, “Constructive vibes all roads result in SHREVEPORT artwork, leisure, music movie&Tv let’s work!”

This isn’t 50’s first Shreveport enterprise. Again in December 2024, he launched his G-Unit Movie and Tv studio by leasing the Millennium Studio. The transfer was hailed as a serious step towards revitalizing Shreveport’s leisure business.

Councilwoman Taylor doubled down on that sentiment, saying, “We already know that fifty Cent is a mighty mogul within the leisure enterprise. However the residual results for native companies here’s what’s going to be felt. We’ve got rebranded Shreveport within the leisure business, and now we’re contemplating ourselves again once more as an leisure mecca.”

With development looming, Shreveport is about to change into the following hub in 50 Cent’s rising empire, mixing music, movie, and tradition right into a daring new chapter for the town.