By TED CARTER
The Jackson Municipal Airport Authority is offering for lease 211 development-ready acres just east of Jackson-Medgar Wiley Evers International Airport.
The tract is east and west of the East Metro Corridor and spans the Dogwood Bridge to Old Brandon Road, the Airport Authority said in a press release announcing the leasing offer.
The announcement emphasizes that the property is “shovel-ready,” is classified as ad valorem tax-free and has Entergy Qualified sites. The qualified-site designation comes through a review by Entergy Mississippi’s Economic Development Team for all pre-building and construction requirements.
“The land mass is prime for commercial and industrial development and is a glove-fit for aircraft and airport suppliers,” said Jean C. Frazier, Airport Authority director of business development, marketing and recruitment.
The Entergy development team review addressed site details such as zoning restrictions, infrastructure, ownership, environmental studies, utilities and transportation related issues. The team assessed each site for compliance and authenticity, according to Frazier.
The Authority’s latest entry into the land business is part of a strategy to gain new cash-flow sources. The effort has become even more critical since the departure of Southwest Airlines in June 2014 and the nearly $1 million in income it generated for the airport annually.
Marketing of the 211 acres follows completion of Phase I of the East Metro Corridor providing a north-south route between Mississippi Highway 25 (Lakeland Drive) and Interstate 20.
Completion of Phase II will open for development 785 Airport Authority-owned acres that run parallel to the east runway at Jackson Evers. Access to the 8,500-foot east runway makes the property “a unique multi-modal environment,” said Carl Newman, Authority executive director, in a media briefing in early January.
“We have targeted these acres for aeronautical development ranging from aircraft research and development, servicing and maintenance and operations support businesses,” Newman said.
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