Posts Tagged ‘commercial development’

Farish Street Group getting $10.2M loan from JRA

JACKSON — Developers of the Farish Street Entertainment District have taken the first step toward securing money needed to finish construction on the first block of the $100 million project in downtown Jackson. Yesterday, the Jackson Redevelopment Authority approved a non-binding agreement with Farish Street Group for a $10.2 million loan. As collateral, developers would […] [...]

Developer pays state $3.3M for former School for the Blind

JACKSON — A private developer is paying Mississippi $3.3 million to buy state land that used to be home to the School for the Blind. The 21-acre site faces an Interstate 55 frontage road in northeast Jackson, next to the current schools for the blind and deaf. Gov. Phil Bryant’s office says the land was […] [...]

Councilmen balk at $107M in redevelopment bonds

JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave […] [...]

Building permits down, but city expects to collect more fees

OLIVE BRANCH — Olive Branch may record fewer residential building permits this year than ever before, but the city still expects to collect more in permit fees because of big-box business development. The Commercial Appeal reports city officials collected $296,000 in building permit fees last year but expect to collect $375,000 this year, an increase […] [...]

Old Capitol Green signs leases, calls on city to act

JACKSON — Carlton A. Brown, founding partner and COO of Full Spectrum South, yesterday announced the first retail business leases for the Old Capitol Green project in Jackson with 65 percent of the retail spaces committed as well as leases to fill 52 percent of the project’s first commercial office building. Full Spectrum of NY […] [...]

Supervisors vote down Coast marina project

ST. MARTIN — The Jackson County Board of Supervisors has rejected plans for a new marina in St. Martin. Board president Melton Harris said the developer wanted to build a 21-slip marina and a restaurant on St. Martin Bayou. A supporter of the plan estimated that it would have been a $12-million investment. Harris said […] [...]

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