Home » MBJ FEATURE » Convention district expansion proposal gets OK

Convention district expansion proposal gets OK

The dormant Two Lakes project and other downtown Jackson revitalization efforts could get a boost from a plan to expand the footprint of the Urban Renewal District created for the Jackson Convention complex and a planned convention headquarters hotel.

Projects built within the renewal district could be eligible for city-backed Urban Renewal Bonds, officials say.

Council members last Tuesday voted 4-2 to proceed with the district expansion over objections it would move the city closer to cementing a partnership deal with prospective developer Transcontinental Investors, or TCI, of Dallas. TCI and the city are seeking $96 million in Urban Renewal Bonds, for which each would be responsible for half.

>>>SEE FULL STORY<<<

About Ted Carter

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>