Posts Tagged ‘Commercial Real Estate’

Diamondhead Casino Corporation wins site approval

DIAMONDHEAD — A 400-acre tract of land near the Bay of St. Louis just off of Interstate 10 near Diamondhead has been approved as a location for a casino. The Mississippi Gaming Commission gave site approval to Diamondhead Casino Corporation. The next time the casino will go before regulators is when financing is in place […] [...]

HARDWICK — Commercial real estate leases — pros and cons

There are three basic categories of commercial real estate leases. In this column we will explore the pros and cons of each to help you decide which one is right for you and your business. Let’s begin by pointing out that a lease is a contract. In general, all contacts involving the sale of real […] [...]

Tornado-torn town to dedicate new government facility

SMITHVILLE — The town of Smithville is dedicating its new government complex, the last municipal building to be rebuilt after a 2011 deadly tornado. The Monroe Journal reports the event will run from 2 p.m. to 4 p.m. today with a speech by Mississippi first lady Deborah Bryant. Tours will follow. Officials broke ground for […] [...]

Developer accused of misusing mall bond funds

JACKSON — The Secretary of State’s Office has found Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Yesterday, Secretary of State Delbert Hosemann announced in a news release that Watkins and his company have been order to pay restitution […] [...]

Cochran supports House’s version of flood insurance bill

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is praising the passage of legislation in the House of Representatives that, like a Senate-passed bill he helped write, would protect homeowners, businesses and communities from unreasonable flood insurance premiums without jeopardizing the stability of the National Flood Insurance Program (NFIP). Cochran said the Homeowner Flood Insurance […] [...]

Law firm commits to new Eastover office building

JACKSON — The law firm Baker Donelson has signed a lease to relocate to a new, state-of-the-art office building at The District at Eastover, a 21-acre mixed-use development that will feature approximately 585,000 square feet of retail, residential and office space. When it makes the move in the fall of 2015, the firm will be […] [...]

New Coast baseball stadium attracting developers

BILOXI — A new baseball stadium in Biloxi could draw 350,000 people or more to the downtown each year, and those kinds of numbers are spurring the anticipated attention from developers and property owners. Jerry Creel, Biloxi’s community development director, tells The Sun Herald these are properties that haven’t drawn any calls in a long […] [...]

City sets new ordinance for adult business

OXFORD — The city of Oxford has a new ordinance regulating adult businesses. The Oxford Eagle reports that the board of aldermen adopted the ordinance this past week. The ordinance that sets up two adult entertainment districts inside the city limits where clubs could operate. The city had an ordinance before 2004 that was less […] [...]

Family looks to spur downtown revitalization

MCCOMB — The revitalization of downtown McComb is a long process requiring time, dedication and funds, but a local father-and-sons team plans to add a few new businesses to the block within the year. Benton, Greg and Neel Gibson bought the West Harlan Building on State Street in May to use for office space and […] [...]

UMMC looking to buy downtown Jackson building for $6.25M

JACKSON — The University of Mississippi Medical Center is seeking approval from the College Board to buy the vacant Landmark Center office building in downtown Jackson for $6.25 million. UMMC says it would move some operations downtown to the 300,000 square-foot building to move some offices out of rented quarters and eventually free up more […] [...]

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