Archive for the ‘REAL ESTATE – Market Sector’ Category

After complaints, city retooling rental housing code

AMORY — The City of Amory is redrafting a rental housing code to combat what officials say is blight and deterioration that many residents feel not only bring property values down, but signals a decline in the quality of living. “Rental housing is just one area of our problems, but we are focusing on it [...] [...]

Supervisors taking proposals for hospital-sale study

NATCHEZ — Adams County is seeking proposals from groups to complete a feasibility study to determine if the publicly-owned Natchez Regional Medical Center should be sold, leased or if nothing should change. The board of supervisors reached the decision this week after meeting with the hospital board. “We are not going to be able to [...] [...]

Appeals Court wants county judge to sort out alligator dispute

WILKINSON COUNTY — Tom Christmas and his wife argue that they didn’t discover the 84-plus alligators on land next to their homestead until four years after they bought the property in southwest Mississippi. Exxon Mobil Corporation counters that the Christmases’ real estate agent told them about the alligators as far back as 2003. Exxon says [...] [...]

Island’s future still being weighed as committee starts work

COLUMBUS — There has been much talk over the years about what kind of economic development projects could be lured to the Island, but so far, no one has been able to come to agreement. Now, the Island’s future is on the table again, with the formation of an ad hoc committee to explore options [...] [...]

Illinois company buys another facility in Columbus

COLUMBUS — Agracel Inc., an industrial development firm headquartered in Effingham, Ill., has purchased of the 137,700-square-foot Mississippi Steel Processing (MSP) operation in Columbus. The facility sits on the campus of Severstal North America. Terms were not disclosed. MSP is a relatively new company offering toll processing, storage and logistics and first-stage fabrication of hot [...] [...]

Foresters expecting another year of healthy recovery

ACROSS MISSISSIPPI — Evidence of a healthy national economy may be found in the strength of the timber industry. Forestry is a billion-dollar industry in Mississippi and the state’s second-largest agricultural commodity. A depressed national economy in recent years had negative impacts on housing construction and furniture manufacturing, which hurt the forestry sector, but industry [...] [...]

Developers converting historic buildings into mixed-use facilities

HATTIESBURG — If Daniel Jussely and Rob Tatum have their way, downtown Hattiesburg soon will be a cultural hub of “urbanite lifestyle” in Mississippi. As co-owners of Hub City Lofts, Jussely and Tatum are rejuvenating two of the Hub City’s oldest buildings, converting them into more than 50 loft-style apartments and more than 14,000 square [...] [...]

Commission eyeing unauthorized changes to historic structures

by Associated Press Published: May 19,2013

Tags: Commercial Real Estate, commission, culture, historic, history, preservation, preservationist, real estate

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 [...] [...]

FNC index: Housing sees 13th consecutive price increase

OXFORD — The latest FNC Residential Price Index (RPI) shows the U.S. housing market continued to recover, recording in March the 13th consecutive price increase. In recent months, the ongoing housing recovery has maintained its pace with steady and persistent gains in home prices despite signs of continued job market weakness and soft economic growth, [...] [...]

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

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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