Mississippi Business Journal » Commercial Real Estate

Developers converting historic buildings into mixed-use facilities

Associated Press — Tue, 21 May 2013 13:58:26 +0000

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 [...]

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Commission eyeing unauthorized changes to historic structures

Associated Press — Sun, 19 May 2013 19:22:16 +0000

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 [...]

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Flowood Belk getting $9 million facelift

MBJ Staff — Fri, 17 May 2013 19:36:12 +0000

A major expansion and remodeling is underway at Belk’s flagship store at Dogwood Festival Marketplace in Flowood, representing a $9-million investment by the company. The project will increase the store’s size by 40,000 square feet – 20,000 square feet on each level — allowing it to expand fashion brands and merchandise assortments throughout the store. [...]

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Defunct casino to be moved; cost could rise depending on ‘crud’

Associated Press — Wed, 15 May 2013 11:28:20 +0000

VICKSBURG — By late August, Vicksburg’s downtown City Front will be without a floating casino for the first time since 1993 if the winning bidder at an auction April 25 for the former Grand Station Casino follows through on a bankruptcy court-ordered sale of the vessel. What happens to the spot beyond late summer is [...]

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Owners selling Elvis’ ranch; want it to be tourist destination

Associated Press — Tue, 14 May 2013 16:09:47 +0000

HERNANDO — A group of Elvis Presley fans wants to preserve the memory of the king’s cowboy side by finding a buyer for a DeSoto County ranch to make it a destination for visitors. Elvis bought the roughly 150-acre Circle G ranch in 1967 as a place to ride horses and get away from Graceland. [...]

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City sees building permits soar during first quarter

Associated Press — Sun, 12 May 2013 20:25:32 +0000

CORINTH — Building permit activity in the first three months of the year was sharply higher in Corinth. The Daily Corinthian reports the Corinth School District’s softball complex accounted for about two-thirds of the quarter’s total of $4.356 million. In the same quarter a year ago construction permits totaled $555,350. CIG Contractors obtained a permit for [...]

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Officials mulling building codes for unincorporated areas

Associated Press — Wed, 08 May 2013 11:31:46 +0000

OXFORD — Some buildings in unincorporated areas of Lafayette County may soon have to be constructed according to building codes, though officials are still working on the details. A code has not been adopted. However, county supervisors have appointed a committee to work out details of what will be in the building code Proposals to [...]

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City counts $1.2M from hospital investment after year one

Associated Press — Sun, 05 May 2013 18:48:30 +0000

OXFORD — The city of Oxford’s investment of the proceeds from the sale of Baptist Memorial Hospital-North Mississippi has earned about $1.2 million its first year. The city hired Glenmede in 2012 to handle the investment of the money. The Oxford Eagle reports the market value as of March 31 was $32 million. It was $30 [...]

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State buys more property on Gulf island for $8M

Associated Press — Fri, 03 May 2013 11:30:55 +0000

MISSISSIPPI GULF COAST — The state of Mississippi has bought 217 more acres of Cat Island to set aside for public use. About one-third of Cat Island is part of the National Park Service’s Gulf Islands National Seashore and BP purchased about one-third of the island following the 2010 oil spill from the Boddie family, [...]

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Trustee to auction off closed casino, some inventory

Associated Press — Tue, 09 Apr 2013 11:28:56 +0000

VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat will auction off the vessel and some its inventory on April 25. The Vicksburg Post reports a court hearing for creditors of the former Grand Station Casino will be heard again May 3. In March, U.S. Bankruptcy Judge Neil P. [...]

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