Farish developer faces obstacles
Getting OK on buildout money will not be an easy task
by Ted Carter
Published: November 20,2011
Developers of the Farish Street Entertainment District have changed their leasing strategy to include paying for the buildouts of the clubs and shops they have restored along the first block of the former business and nightlife hub of Jackson’s African-American community.
Watkins Development, which has a 45-year lease with the Jackson Redevelopment Authority for two blocks of Farish Street, expects that doing the tenant buildouts will get the project completed sooner. But the development company must clear a pair of major hurdles — gaining Jackson City Council and Jackson Redevelopment Authority approval of $8 million in Urban Renewal Bonds.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- New Mississippi state highway map is available for the public
- DAVID DALLAS: Who in the Hell are We?
- Tanger Outlets involved in Southaven project
- Ikea confirms plan for Memphis store
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- McCrory joins Epps in asking for trial delay
- Former Lane Furniture plant sold for $1.45 million
- OUR VIEW: JRA evolving toward transparency? Maybe, maybe not
- Jon-Paul Croom made CEO