Overview
- Louisiana Economic Development approved a Cooperative Endeavor Agreement offering up to $50 million for eligible infrastructure, with funding contingent on economic impact and delivery benchmarks.
- G-Unit will renovate Stageworks for live events and production, modernize the former Millennium Studios campus, and construct a dome-style immersive venue with a green-space park.
- The state established the Shreveport Film & Entertainment Economic Development Corporation to oversee the project and safeguard associated public funds.
- Officials describe the $124 million commitment as the largest single private investment in Louisiana’s entertainment sector to date.
- Development will advance in phases, with construction beginning in the second quarter of 2026 and the updated Millennium Studios expected to be operational by early 2027, while a G-Unit–commissioned study projects $18.8 billion in 20-year impact and more than 6,000 jobs.