Shreveport Leaders Discuss Exciting Prospects for Stageworks with 50 Cent
SHREVEPORT, La. – The buzz around Shreveport is palpable as city leaders gathered on Monday, October 21, to once again discuss the leasing of Stageworks to none other than media mogul Curtis “50 Cent” Jackson. The potential deal has been a hot topic in the city since April when an ordinance was first introduced but has faced delays at each council meeting ever since.
Importance of Stageworks for Shreveport
During the meeting, Councilwoman Tabatha Taylor expressed her enthusiasm for the ongoing discussions surrounding Stageworks. “Them having Stageworks is something that is vitally important to the city, as we saw during the Humor & Harmony Weekend,” she stated, highlighting the venue’s role in the community.
The Humor & Harmony Weekend, which featured various events including a pro basketball game hosted by Jackson himself, illustrated how vital Stageworks could be for local entertainment and economy. “People came together to enjoy good times, and we need more of that in Shreveport,” Taylor added with an optimistic tone.
Contract Delays and Ongoing Negotiations
Despite the excitement, there are still some hurdles to clear. Taylor mentioned that the administration indicated there may be additional “language” needed in the contract before moving forward. “The question I asked is could we put this on the table, and at this particular time, they didn’t want it to be placed on the table,” Taylor explained. It sounds like city officials are still ironing out the details to ensure everything is in order before a decision is finalized.
Nevertheless, city leaders affirmed that Curtis Jackson remains interested in the property. Just last week, the award-winning rapper had a meeting with Louisiana Gov. Jeff Landry and Shreveport Mayor Tom Arceneaux in Baton Rouge, which many speculate was filled with discussions about Jackson’s growing investment footprint in downtown Shreveport.
Film and Historic Tax Credits for G-Unit Studios
In addition to leasing Stageworks, the city is also contemplating a resolution that could support film and historic tax credits for G-Unit Studios, which Jackson is reportedly looking to establish in the city. Councilwoman Ursula Bowman has teamed up with Taylor on this initiative, expressing a keen recognition of the importance it holds for the region. “This is extremely important for our region, especially for 50 Cent and G-Unit Studios being planted here in Shreveport,” Taylor noted.
However, there are concerns that impending tax reforms proposed by Governor Landry could affect the availability of these essential credits. “It is something that we don’t need to lose. And so if you already know he’s met with the governor, we need to give that extra layer of support before the legislative session starts,” Taylor emphasized.
Upcoming City Council Vote
Excitement is building as the city council is slated to vote on this important resolution during their meeting on Tuesday, October 22, at 3 p.m. Should the proposal receive the green light, it will be forwarded to Governor Landry’s office for further consideration.
This latest development is being met with enthusiasm from community members, who are hopeful that these talks with 50 Cent and the city leadership could pave the way for a flourishing entertainment scene in Shreveport. Whether it’s hosting events at Stageworks or establishing G-Unit Studios, the potential for positive change in Shreveport is shining bright.
