50 Cent ‘s plans to further his entertainment endeavors in Shreveport, La., will continue after gaining approval to develop the downtown area of the city from the Shreveport City Council. According to local news outlet KTBS, construction is expected to begin as early as the fourth quarter of this year, or the first quarter of next.
Before the affirmative vote, District A Councilwoman Tabatha Taylor noted, “I think we need to note for the record this is one of the largest economic development deals in this city, in this region, that we’re having.”
The outlet reported that the rapper is investing $50 million from his own pocket, and that the proposed Film and Entertainment Gateway Economic Development District would levy a 2% sales tax inside its boundaries, with all revenue flowing i