Just Across The Texas Border In Shreveport, 50 Cent Continues His Takeover Of The City With Another Acquisition.

Just a week after the city rolled out the red carpet and all the stops for Curtis "50 Cent" Jackson's arrival and announcement of the launching of G-Unit Studios, the entertainment and business mogul is preparing to take over more space in the city.

50 Cent’s G-Unit Studios is expected to bring jobs, boost tourism and grow the area’s real estate market.

During 50 Cent’s visit, he met with city leaders and representatives of local organizations to reveal his short- and long-term plans for G-Unit Studios.

This included renderings of what the studio will look like after undergoing renovations and according to city leaders, 50 Cent is expected to host a grand opening in August.

One Of The Spaces He Plans To Open Is The "G-Stage Arena" Downtown.

According to KTAL, The City of Shreveport has introduced legislation to lease portions of the Stageworks of Louisiana facility to 50 Cent’s production company.

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The ordinance proposes that G-Unit Film & Television LLC. will be the tenant and desires to ‘operate a sports and entertainment event venue to include, but not be limited to, amateur and professional basketball and volleyball leagues and tournaments, amateur and professional boxing and MMA matches, seminars, conventions, auto shows, concerts, and general business meetings.’

The ordinance was introduced Tuesday and should be approved or denied after the final passage date of May 24.

The City is proposing the same rental payments and terms as those agreed upon for Jackson’s lease of the former Millennium Studios facility, which includes $2,400 annual payments with an initial term of 30 years.