Home » NEWS » Economic Development » Waterton development to add $400 million ‘new urban’ community to Flowood
The 20-acre lake at Waterton will have two wharf-style restaurants.

Waterton development to add $400 million ‘new urban’ community to Flowood


Flowood will get a “traditional Southern town” dropped into its midst when the $400 million, 240-acre Waterton is built.

Southern Lifestyle Development of Lafayette, La., will commence work on the 50-acre first phase (not including a 20-acre lake), in the summer, according to Kevin Blanchard, chief operating officer.

Completion of that phase, with about 150 homes of the more than 500 on the drawing board as well as commercial structures, will be about a year later, Blanchard said in an interview.

The project is to be located near the intersection of the East Metro Parkway and Lakeland Drive.

“It’s beautiful [land]; it’s got a nice topography,” Blanchard said.

The target price is about $160 per square foot for the houses, Blanchard said, adding that styles and sizes will vary, ranging from cottage-size to estate size.

All are under a “strict architectural code,” he said.

Traditional neighborhood developments are “walkable” new urban style, harking back to the days before suburban sprawl.

The mixed-use development should be totally built out in 10 to 15 years, he said.

Community Bank will build its new headquarters in the town center. The bank sold the 240 acres to Southern Lifestyle.

The existing 20-acre lake – left over from a failed effort by another developer in 2008 during the recession –will accommodate two wharf-style restaurants as part of the small-town approach, with walking trails, bicycle trails, parks and a waterfront events area.


… 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 Jack Weatherly


  1. What is the name. Of waterton development , the company that is developing site is waterton , that’s the name of website for all there properties,

Leave a Reply

Your email address will not be published.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