Council action clears way for major mall redevelopment

GAUTIER — The Gautier City Council has approved a development and reimbursement agreement that would allow plans for the Singing River Mall to proceed.

With the approval of the agreement between the city, Wal-Mart, Singing River Mall and SM Properties Gautier LLC, mall developers can now begin the design of the open-air mall.

The Sun Herald reports the mall developer will pay costs for utilities, gas lines and storm drainage up to $20 million. It will also pay for a new splash pad and town center improvements such as landscaping.

The city will reimburse the developer from the issuance of a tax-increment financing bond and will pay the bond with the new taxes generated from the project.

[RSS Feed] []

To sign up for Mississippi Business Daily Updates, click here.




Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: