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Event looks to put businesses in vacant downtown buildings

business-plan1Two economic development organizations and a public university have teamed up for an event aimed at matching businesses with available sites in Natchez.

On Nov. 9, “Possibilities Tour: Turning Deserted Spaces into Dynamic Places” will be held from 2 p.m.-5 p.m. in downtown Natchez, and will showcase 12 vacant buildings on Main and Franklin streets that are available for sale or lease for new or existing businesses, residences or investments.

Sponsored by the Mississippi Development Authority, Natchez Inc. and Alcorn State University, the tour supports the ongoing entrepreneurial initiatives taking place in southwest Mississippi.  Other sponsoring agencies include Natchez Downtown Development Association, Mississippi Main Street Association and Waycaster & Associates Architects.

The tour will coincide with other events that attract tourists and residents from throughout the region. These include the Natchez Chili Cook-off, Angels on the Bluff, the Natchez Antiques Forum, Second Saturday festivities, Innovate Mississippi’s Start-Up Weekend and the Veterans Day Parade, all of which will be taking place in downtown Natchez.

“Empty and underutilized buildings are real opportunities for most downtowns. These empty buildings and warehouses present opportunities for downtown residential and other mixed use development,” said Bob Wilson, executive director of Mississippi Main Street. “When you factor in New Market Tax Credits along with State and Federal Rehab Tax Credits, these empty historic buildings become very attractive to the developer or property owner and puts these buildings back on the tax rolls. Repurposing these empty buildings is a win-win for every municipality, private sector developer and the community as a whole.

The event is free. Interested parties may visit the Calendar of Events page at www.natchezinc.com.  For more information, contact Chris Hinton with Natchez Inc. at chinton@natchezinc.com or Ruth Nichols with ASU at rnichols@alcorn.edu.



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