The Shreveport City Council unanimously passed an ordinance to authorize a lease agreement between Stageworks Louisiana and Jackson's G-Unit Films & Television Louisiana LLC for the operation of a sports and entertainment event venue.
The G-Unit Films & Television Louisiana gets green light from Shreveport City council
50 Cent's film and TV empire was given a 45-year lease for the former Shreveport Stageworks by a 7-0 vote on the Shreveport City Council.
The G-Unit mogul has secured a major deal after the Shreveport City Council approved a 30-year lease agreement with his company, G-Unit Film & Television, for the Stageworks Building.
He already leased a huge film and TV studio in the city and now got the go-ahead on Tuesday (March 25) for his new venture at a Shreveport City Council meeting.
Per a report from the Shreveport Times, council members unanimously voted in favor of a 30-year lease agreement between Stageworks Louisiana and 50’s G-Unit company which will see a “state-of-the-art sports and entertainment venue” being launched in the city soon. While the initial deal includes a lease of 30 years, it also includes the option to renew for 15 years.
“I didn’t even know I had to speak,” 50 joked when addressing council members on Tuesday, as seen in footage shared by KSLA News 12. “Somebody set me up. … This is exciting, man. I’m really just excited to be able to be here today. I’s important. This project is a legacy project for me. I don’t think I’ve done anything that directly affected as many people as this project will here in Shreveport and I’m just excited to get to it.”
50 reacted to the news, telling fans, "Stop hating," and "It's showtime." “All roads lead to” the Louisiana city, a sentiment he once more echoed when celebrating the vote on Instagram.
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