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50 Cent Finalizes $124 Million Shreveport Studio Redevelopment With State Backing

State support of up to $50 million is performance-based with oversight by a new Shreveport corporation.

Overview

  • G-Unit Film & Television Louisiana will renovate Stageworks, modernize the former Millennium Studios campus, and build a dome-style immersive venue with a park in downtown Shreveport.
  • Louisiana Economic Development entered a Cooperative Endeavor Agreement providing up to $50 million for infrastructure and modernization, with disbursements tied to defined benchmarks.
  • The Shreveport Film & Entertainment Economic Development Corporation was formed to oversee the project and public funds, with a board that includes LED Secretary Susan Bourgeois and state appointees.
  • An economic impact study commissioned by G-Unit projects $18.8 billion in activity over 20 years, more than 6,000 jobs statewide, and about $300 million in wages.
  • Phased construction is slated to begin in the second quarter of 2026, with the modernized Millennium Studios campus targeted to be operational by early 2027.