Overview
- The City Council voted 6–0 to create the Film and Entertainment Gateway Economic Development District and to establish its trust fund and governance framework.
- An extra 2% sales tax will be charged only on purchases inside the district boundaries, with proceeds restricted to district projects rather than the city’s general budget.
- Officials and bond counsel say no upfront city cash is committed under the model, which limits direct fiscal exposure if private investment falls short.
- The zone includes parts of downtown such as the Red River District, Millennium Studios and Stage Works, with many properties tied to Curtis “50 Cent” Jackson.
- Stage Works has productions in development, including the series “Shreveport Justice,” while flood fixes are required at Millennium before full operations, and representatives say construction could begin in late 2025 or early 2026.