MSU building to be leased for Cotton Mill Marketplace
STARKVILLE — The state College Board has approved the lease of Mississippi State University’s Cooley Building to developers of the $64 million Cotton Mill Marketplace.
The project is to include a 150-room hotel and buildings with a mixture of office, retail, residential and restaurant space along Mississippi Highway 12 in Starkville.
The Cooley Building currently houses much of MSU’s physical plant operations.
Under the proposal approved Thursday, the Cotton Mills Development Group would buy land neighboring the Cooley Building for $2.8 million and lease the building for $300,000 annually for 41 years, after which time it would revert to MSU.
Crews are to renovate the building and turn it into a conference center and 37,000 square feet of office space.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “MSU building to be leased for Cotton Mill Marketplace”
Top Posts & Pages
- DAVID DALLAS — Roger Wicker: Profile in discouragement
- Tommy Robertson indicted on five counts of embezzlement
- BILL CRAWFORD — More jobs, but fewer with jobs, huh?
- ANITA MODAK-TRURAN — Mississippi’s motion picture renaissance
- State's ventures into alt-fuel markets net few jobs
- Despite obstacles, craft beer industry growing
- Ecolab reducing Columbus workforce
- Watch out for wildlife while driving on roads, highways
- Finding your flexible space — Regus banks on high demand for customizable work spaces