Archive for the ‘REAL ESTATE – Market Sector’ Category

Demolition of factory ongoing; creating greenspace by river

by Associated Press Published: April 8,2013

Tags: acriculture, city government, demolition, factory, food, greenspace, manufacture, manufacturer, manufacturing, nut, Pecan

NATCHEZ — The city of Natchez is converting the site of an old pecan factory in the Mississippi River bluff into greenspace. The Natchez Democrat reports workers have been removing the concrete foundation, retaining walls and driveway at the factory site. Mayor Butch Brown said once the concrete is removed and the site cleaned up, [...] [...]

Law gives county investment option in selling of hospital

COLUMBUS — Lowndes County will have more flexibility to invest funds from the sale of a local hospital under a bill signed by Gov. Phil Bryant. The Commercial Dispatch reports the county had invested the $30 million it received from the 2001 sale of the county hospital in a certificate of deposit. The 5.2 percent [...] [...]

Credit union participating in national homeownership campaign

JACKSON — HOPE (Hope Enterprise Corporation/Hope Credit Union) has helped launch Home Matters, a national movement to build public support for the concept of homeownership. Home Matters is spearheaded by the National NeighborWorks Association (NNA), a coast-to-coast coalition of housing and community development organizations, other nonprofits, companies and the public at large. The launch took [...] [...]

Demolition to begin at sites for retail center, casino

D’IBERVILLE — The city of D’Iberville is clearing the way for another major retail center along Interstate 10 and a casino on Back Bay. A developer has acquired nearly 80 acres at the I-10 junction with Interstate 110. The homes and businesses there will come down by the end of the year and Mayor Rusty [...] [...]

Insurers see more than 40,000 hailstorm claims; Chaney expects more

METRO JACKSON — Mississippi’s major insurance carriers have reported to the Mississippi Insurance Department that as of late March they have received over 40,000 homeowner and automobile damage claims as a result of the March 18 hailstorm that hit Jackson and the surrounding area. They have paid out over $25 million in claims, according to [...] [...]

Reports mixed on which Coast city won in annexation case

by Associated Press Published: April 3,2013

Tags: annexation, city government, consultant, dispute, municipal, municipality, property, real estate, tax, taxpayer

D’IBERVILLE — The annexation battle between Biloxi and D’Iberville is finally over, and representatives for D’Iberville say they are the winners. The area in dispute was along Mississippi Highway 67. The state Supreme Court on March 21 upheld the annexation ruling that kept in Harrison County part of the annexation area requested by both cities [...] [...]

Old bowling alley getting new life as retail center

VICKSBURG — Crews are clearing away the old Red Carpet Lanes bowling alley to make way for a retailing center on Clay Street. The Vicksburg Post reports the sale of the property closed last week. The new owners are Baton Rouge, La.-based developers Michael and Mitch Kimble of Kimble Development. Four buildings are in the [...] [...]

Mortgage tech company goes global with Brazilian office

OXFORD — FNC Inc., a mortgage technology company, took its operations global this week, officially opening an office in Sao Paulo, Brazil. Last fall, Sao Paulo-based Cetip — Latin America’s largest depository of fixed income securities — selected FNC to deliver a comprehensive collateral management solution for the Brazilian mortgage industry. “We at Cetip are [...] [...]

SoS receives nearly 200 bids for tax-forfetied properties

MERIDIAN — The Secretary of State’s Office recently received 183 bids to purchase 103 parcels of tax-forfeited properties in Meridian and Lauderdale County, effectively returning more than $62,000 to local property tax coffers. Secretary of State Delbert Hosemann said, “Tax-forfeited properties are a blight on the community. Returning these properties to private taxpaying ownership also [...] [...]

City sells property to nonprofit for home construction

HORN LAKE — Horn Lake is planning to sell some city-owned property to Habitat for Humanity for seven homes to be built by the nonprofit agency. The Commercial Appeal reports that aldermen voted last week to declare seven lots as surplus. Three appraisals will determine their fair market value — and thus the sale price. [...] [...]

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