Study finds support for downtown arena in Capital City
Published: February 1,2013
JACKSON — A long-awaited study finds Jackson can support a downtown arena, but the city is no closer to having the money to build one.
Officials say the feasibility study is an encouraging sign for city officials and business leaders who have long insisted Jackson can support such a facility.
The study recommends Jackson build a $115 million, 9,000-seat arena that could be used for sports, concerts and large touring shows such as “Disney on Ice.” It projects the arena to have a $19.7 million economic impact per year.
Ben Allen, president of Downtown Jackson Partners, tells Clarion-Ledger reports the business community is behind the effort, but it will require the enthusiastic support of the city’s elected leaders to get an arena built.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Two new casinos like the odds on Mississippi Gulf Coast
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- College Board names Glenn Boyce as higher education chief
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- THE SPIN CYCLE — Key results from Pew’s social media survey