On Tuesday, March 25th 2025, rapper and businessman 50 Cent, born Curtis Jackson, touched down in Shreveport, Louisiana to solidify a 30-year lease agreement to establish G-Unit Studios.
Sources reported that the Shreveport City Council voted without question to approve the lease deal with G-Unit.
Shreveport Times reported,
G-Unit is set to transform a portion of the building into a state-of-the-art sports and entertainment venue, featuring a variety of events such as 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, as outlined in the background information on the ordinance’s fact sheet provided to the council.
The proposed lease has been on the council agenda since May 2024. However, the vote had been postponed until ongoing negotiations were complete between the city and G-Unit.
The lease agreement between the city and G-Unit spans 30 years, with a 15-year renewal option, and a monthly rent of $200. G-Unit will take over maintenance and operational cost of the facilities.
50 Cent did say a few words on his behalf to express his appreciation and commitment to Shreveport, Louisiana.
“I’m excited about building those things and I want to say openly to [Councilman] Jim [Taliaferro] that โ I haven’t had to talk to you directly โ I promise you, I’ll over deliver with Shreveport. Like you see, it was filled to capacity when we was here for Humor & Harmony. I have programs and plans for the facilities, so you’ll be able to look at the things that are happening throughout the year, and it’ll be actively used in a different way.”
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