Home » NEWS » Economic Development » Airport offering 211 acres for development along East-West Corridor

Airport offering 211 acres for development along East-West Corridor

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.

New on the market: Land shovel-ready for development east of Jackson Medgar-Wiley Evers International Airport.

New on the market: Land shovel-ready for development east of Jackson Medgar-Wiley Evers International Airport.

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.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Ted Carter

Leave a Reply

Your email address will not be published.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

*