SHREVEPORT, La. — G-Unit Film & Television Louisiana, LLC, owned by Curtis “50 Cent” Jackson, has finalized an agreement with the state to invest more than $124 million in a multi-phase redevelopment project aimed at expanding Louisiana’s entertainment industry and revitalizing downtown Shreveport.
The initiative will include three major developments: renovation of the former Stageworks facility for live events and production, modernization of the former Millennium Studios campus to enhance film and television capabilities, and construction of a dome-style immersive venue and green space park.
An independent economic impact study commissioned by G-Unit estimates the project will generate $18.8 billion in statewide economic activity, support more than 6,000 jobs, and produce $300 million in wages over 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,” Jackson said. “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.”
Governor Jeff Landry said the project underscores North Louisiana’s growing appeal to investors. “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,” Landry said.
As part of the agreement, Louisiana Economic Development (LED) will provide up to $50 million in performance-based funding to support eligible infrastructure and modernization improvements. The state’s contribution will be tied to economic impact, local business engagement, and completion of infrastructure milestones.
“Revitalizing these facilities will generate new entertainment industry opportunities including motion picture production, new jobs and new investment across the region,” said LED Secretary Susan B. Bourgeois.
Oversight for the project will be managed by the newly formed Shreveport Film & Entertainment Economic Development Corporation, which will work with LED to ensure accountability and transparency in the use of state funds.
The project marks G-Unit’s latest expansion in Louisiana, adding to its growing slate of television, film, and digital media productions. Jackson’s company has produced multiple successful series, including Power and Black Mafia Family for Starz, and has projects in development with Hulu, Netflix, and BET+.