Developer pays state $3.3M for former School for the Blind
by Associated Press
Published: February 27,2012
Tags: acquisition, commercial development, developer, real estate, schools, state government
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
- Fervor grows for Tuscaloosa Marine Shale
- Mississippi Power CEO's departure due to withholding Kemper information from regulators
- Nullification and interposition
- Study says Nissan subsidies total $1.33B; MDA says overestimated
- Tenn. company makes unspecified offer to lease hospital
- Small business owners take picture perfect advantages with Instagram
- Renee Flynt made Craftsmen's Guild president
- Defunct casino to be moved; cost could rise depending on 'crud'
- Undersecretary: 'I understand the frustration' over catfish inspections

![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
POST A COMMENT