Businessman buys historic home, plans mixed-use development
Published: July 16,2013
Tags: acquisition, apartment, buy, Carter Building, Charles Price, Commercial Real Estate, culture, downtown, HATTIESBURG, Heritage, historic, history, Hub City Lofts with the America Building, mixed-use development, purchase, real estate, residential real estate
HATTIESBURG — A Hattiesburg businessman is planning to renovate a building that was constructed in 1898 and says it will add three apartments and retail space to downtown.
The Hattiesburg American says the building on Front Street is owned by local businessman Charles Price.
Price said the entire building encompasses 3,600 square feet.
The first floor will contain retail space, with an apartment in back, available as a live/work arrangement for a future proprietor.
The 1,800-square-feet second floor will contain two loft apartments, one with a covered balcony overlooking the street.
A business has not been found to locate in the retail space yet, Price said. He said he wants to find a business or entrepreneur with a concept that will complement the unique businesses on Front Street.
Earlier this month, the newly renovated America Building on Front Street welcomed its first tenants. The building has 20 residential units. Its first retail businesses — Wigbar Salon and Bodybar Fitness — are scheduled to open Sept. 1 on the first floor.
Also on Front Street, the renovated Carter Building — part of Hub City Lofts with the America Building — is scheduled to open Aug. 15. It will offer 32 apartments and five retail spots.
Historic Hattiesburg Downtown Association Director Betsy Rowell said the development of Front Street is indicative of growth capitalizing on itself.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Businessman buys historic home, plans mixed-use development”
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- MBJ Special report: MDA numbers help with cities’ retail pitches
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- COO of TL Wallace Construction keeps eye on revenue growth and profits
- RAISING AWARENESS — Lori Newcomb, family join fight against ovarian cancer
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- DREAMS AND OYSTERS — Houstons set for August opening of Saltine in Fondren