Convention district expansion proposal gets OK
Enlarged footprint extends east to Pearl River and South to U.S. 80, taking in portions of the long-planned $1B Two Lakes project
by Ted Carter
Published: November 20,2011
The dormant Two Lakes project and other downtown Jackson revitalization efforts could get a boost from a plan to expand the footprint of the Urban Renewal District created for the Jackson Convention complex and a planned convention headquarters hotel.
Projects built within the renewal district could be eligible for city-backed Urban Renewal Bonds, officials say.
Council members last Tuesday voted 4-2 to proceed with the district expansion over objections it would move the city closer to cementing a partnership deal with prospective developer Transcontinental Investors, or TCI, of Dallas. TCI and the city are seeking $96 million in Urban Renewal Bonds, for which each would be responsible for half.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Shale oil: market correction or longterm direction?
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Tanger Outlets involved in Southaven project
- New Mississippi state highway map is available for the public
- Hyatt-Place is Columbus’ newest hotel option
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- J.McLaughlin to open in Highland Village next spring
- DAVID DALLAS: Who in the Hell are We?
- Analysts hail BancorpSouth stock buyback as ‘handsome’ reward for shareholders