Developer pays state $3.3M for former School for the Blind
Published: February 27,2012
JACKSON — A private developer is paying Mississippi $3.3 million to buy state land that used to be home to the School for the Blind.
The 21-acre site faces an Interstate 55 frontage road in northeast Jackson, next to the current schools for the blind and deaf.
Gov. Phil Bryant’s office says the land was purchased by District Land Development Company, LLC. Plans call for a development called The District at Eastover, with 500,000 square feet of retail, office, hotel, restaurants and residential space.
The governor’s office says $1.2 million from the sale will be used to build a new storage and building maintenance facility at the current School for the Blind and a new home for the school’s superintendent. The balance goes into a trust fund for the school.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- Ex-prison boss and businessman admit to bribery scheme
- ASA postmortem: industrial recruiting is a constant cycle of death and life
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- MBJ Business Woman of the Year Top 10
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi
- 2014 a good year for filmmaking in Mississippi
- PHIL HARDWICK: When Bill Cooley talks, people listen