Mississippi Business Journal » arena

Bonding company repays county for missing arena funds

Associated Press — Wed, 03 Apr 2013 11:43:46 +0000

CORINTH — Alcorn County supervisors have accepted $34,678 from the bonding company for former Crossroads Arena manager Reggie Churchwell to replace missing funds found by state auditors. The Daily Corinthian reports the money will be paid by Travelers Casualty and Surety Company. The board of supervisors signed off on the amount Monday. In October of [...]

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University pushes numbers, touts domed stadium

Associated Press — Mon, 25 Mar 2013 11:40:30 +0000

JACKSON — Jackson State University says building a domed stadium would create nearly $65 million in personal income and more than $7 million in revenue for the school in its first year of operation. The Clarion-Ledger reports the claim was made in an economic impact analysis released late last week by the university. David Hoard, [...]

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Officials want more ”dirty’ money after successful events

Associated Press — Mon, 25 Mar 2013 11:35:08 +0000

CORINTH — The Crossroads Arena board hopes to attract more events while dirt is on the arena floor. The Daily Corinthian reports successful events such as the recent Motocross and Monster Truck shows sparked interest in other such attractions. The dirt will remain in the arena until the conclusion of the Lonestar Rodeo, which will [...]

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Board gives nod to plans for new UM basketball arena

Associated Press — Fri, 22 Mar 2013 12:00:55 +0000

OXFORD — The University of Mississippi is taking concrete steps toward building a new basketball arena. The state College Board has approved plans for Ole Miss to spend $6 million for architects to design a 10,000-seat venue, a parking garage and other facilities. The arena would replace the 9,061-seat Tad Smith Coliseum, built in 1967. [...]

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Proposed stadium could kill downtown arena initiative

Associated Press — Mon, 11 Mar 2013 16:43:33 +0000

JACKSON — Jackson State University’s recently announced plans to build a domed stadium could effectively kill an effort to build a downtown arena. The city and other arena backers have spent or pledged $180,000 in recent years to study building an arena to host concerts, sporting events and other entertainment, The Clarion-Ledger reported. The key factor [...]

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Study finds support for downtown arena in Capital City

Associated Press — Fri, 01 Feb 2013 13:03:35 +0000

JACKSON — A long-awaited study finds Jackson can support a downtown arena, but the city is no closer to having the money to build one. Officials say the feasibility study is an encouraging sign for city officials and business leaders who have long insisted Jackson can support such a facility. The study recommends Jackson build [...]

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Officials fire tourism board members over arena allocation

Associated Press — Thu, 03 Jan 2013 15:00:34 +0000

CORINTH — Corinth and Alcorn County officials have fired members of the local tourism board. The action came yesterday in a joint meeting of supervisors and city aldermen. It apparently resulted from the failure of the tourism board to follow line items placed in its budget by the city and county. In particular, officials were [...]

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Architectural firm to conduct feasibility study for La. arena

Associated Press — Thu, 29 Nov 2012 18:47:03 +0000

JACKSON — A Mississippi consulting firm will conduct a study to determine the feasibility for the city of Monroe, La., to construct a new arena with the possibility of a four-star hotel near it. The News-Star reports the city council approved the $95,000 contract with Jackson-based M3A Architecture to allow the consulting firm to begin [...]

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Officials budget for BancorpSouth Arena renovation

Associated Press — Wed, 22 Aug 2012 11:51:23 +0000

TUPELO — The BancorpSouth Arena in Tupelo could get a new look just in time for its 20th anniversary next year. The Northeast Mississippi Daily Journal reports the local coliseum commission approved a budget that would pay $1.8 million to resurface the building’s exterior and freshen up the interior paint. The building would retain its [...]

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Councilmen approve funding for downtown arena study

Associated Press — Wed, 25 Jan 2012 14:29:48 +0000

JACKSON — The Jackson City Council has approved spending as much as $91,000 to study whether an arena should be built in downtown Jackson. The Clarion-Ledger reports the remainder of the $109,500 study will be paid for with private funds. The council voted on the issue Monday night. Brailsford and Dunlavey of Washington, D.C., will [...]

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