Mississippi Business Journal » REAL ESTATE – Market Sector

Commission eyeing unauthorized changes to historic structures

Associated Press — Sun, 19 May 2013 19:22:16 +0000

GREENVILLE — Historic preservationists are trying to figure out how to keep the owners of historic buildings in Greenville from making unauthorized changes. The discussion was sparked by the unauthorized removal of the stucco facade of a downtown building earlier this month, the Delta Democat Times reports. Owners didn’t get a city permit or consult [...]

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City, state to hold second sale of tax-forfeited property

MBJ Staff — Fri, 17 May 2013 12:07:06 +0000

GREENVILLE — Secretary of State Delbert Hosemann and Greenville Mayor John Cox are hoping the second round of tax-forfeited land sales in Greenville will be just as successful as the first. In a joint press conference, Hosemann and Cox announced the public sale of another 94 parcels of tax-forfeited land, valued at $210,000. “I would [...]

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Commission wants home to be national landmark

Associated Press — Thu, 16 May 2013 21:07:42 +0000

OXFORD — The Oxford Historic Preservation Commission wants the 165-year-old antebellum Shaw House registered as a national landmark so someone will buy and restore it. The home was built in 1848 by Oxford brick maker Dave Kennedy and has been in the Shaw family since 1929. It’s located on 5.8 acres of land and is [...]

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Real estate company paying $1M for compromising wetlands

Associated Press — Thu, 16 May 2013 14:48:58 +0000

HANCOCK COUNTY — A Mississippi corporation has pleaded guilty to illegally filling wetlands near Bay St. Louis. Hancock County Land, LLC entered the plea yesterday and agreed to pay a $1-million fine and take remedial measures for two felony violations of the Clean Water Act., said U.S. Attorney Gregory K. Davis and Assistant U.S. Attorney [...]

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Defunct casino to be moved; cost could rise depending on ‘crud’

Associated Press — Wed, 15 May 2013 11:28:20 +0000

VICKSBURG — By late August, Vicksburg’s downtown City Front will be without a floating casino for the first time since 1993 if the winning bidder at an auction April 25 for the former Grand Station Casino follows through on a bankruptcy court-ordered sale of the vessel. What happens to the spot beyond late summer is [...]

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MDA adds $40M to Katrina fund for omitted neighborhoods

Associated Press — Wed, 15 May 2013 11:16:53 +0000

MISSISSIPPI GULF COAST — The Mississippi Development Authority has added $40 million to the post-Katrina Neighborhood Home Program to reach eligible residents initially left off the list. Under the program, contractors are repairing Katrina-damaged homes not covered by previous disaster assistance. Jon Mabry, chief operations officer of MDA’s recovery division, told The Sun Herald 1,200 [...]

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Owners selling Elvis’ ranch; want it to be tourist destination

Associated Press — Tue, 14 May 2013 16:09:47 +0000

HERNANDO — A group of Elvis Presley fans wants to preserve the memory of the king’s cowboy side by finding a buyer for a DeSoto County ranch to make it a destination for visitors. Elvis bought the roughly 150-acre Circle G ranch in 1967 as a place to ride horses and get away from Graceland. [...]

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County buying four flood-proned homes through MEMA

Associated Press — Mon, 13 May 2013 11:36:42 +0000

PEARLINGTON — Hancock County’s buy-out program has finally gotten off the ground. Four homes in the Pearlington community are currently in the process of being purchased through the Mississippi Emergency Management Agency program. County leaders tell WLOX-TV they will have up to $10 million to purchase as many repetitive loss properties as they can. Supervisor [...]

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City sees building permits soar during first quarter

Associated Press — Sun, 12 May 2013 20:25:32 +0000

CORINTH — Building permit activity in the first three months of the year was sharply higher in Corinth. The Daily Corinthian reports the Corinth School District’s softball complex accounted for about two-thirds of the quarter’s total of $4.356 million. In the same quarter a year ago construction permits totaled $555,350. CIG Contractors obtained a permit for [...]

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Full Spectrum scales back to focus on Old Capitol Green ‘one block at a time’

Ted Carter — Fri, 10 May 2013 19:55:56 +0000

Developer sets sights on 2.74-acre retail-and-residential project just south of Pascagoula Street A once far-reaching plan to redevelop nine city blocks below Mississippi’s Old Capitol has been scaled back to a single mixed-use building on 2.74 acres just south of Pascagoula Street. Branded by developer Full Spectrum South as 1822 Square at Old Capitol Green [...]

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