Posts Tagged ‘Commercial Real Estate’

JRA rejects request to release development deal with Tampa developer

by Ted Carter Published: July 19,2013

Tags: Commercial Real Estate, Jackson Redevelopment Authority, JRA, Robinson Callen

Tampa’s Robinson Callen Development may soon have company in a quest to build a convention center hotel in Jackson. While Robinson Callen has a head start with its unsolicited $60 million proposal having received an official blessing from the Jackson Redevelopment Authority’s Board of Commissioners on June 25, Austin, Texas, hotel developer Journeyman Austin wants […] [...]

Businessman buys historic home, plans mixed-use development

HATTIESBURG — A Hattiesburg businessman is planning to renovate a building that was constructed in 1898 and says it will add three apartments and retail space to downtown. The Hattiesburg American says the building on Front Street is owned by local businessman Charles Price. Price said the entire building encompasses 3,600 square feet. The first […] [...]

Parkway move second blow to downtown Jackson this year

Parkway Properties will close its Jackson office by the end of this year. Parkway notified the office’s approximately 40 employees last week, a company spokesperson said. The real estate investment trust has its Mississippi offices in downtown Jackson’s One Jackson Place. It sold most of its Mississippi portfolio within the past couple years. The only […] [...]

Delta city using tax increment financing for improvements

GREENWOOD — The city of Greenwood has devised a plan to help private developers pay for street, lighting and other improvements to the public infrastructure — tax increment financing. The Greenwood Commonwealth reports the city council approved the plan last week. TIF is a public financing method that provides communities with a means to fund […] [...]

Developer submits plan for one-million-square-foot mall development

D’IBERVILLE — Plans for Gulf Coast Galleria — a million-square-foot mall with restaurants, shops and a hotel along Interstate 10 — have been submitted to the D’Iberville Planning Department. Developer Robert Mandal with Ramco Development tells The Sun Herald the mall will be more than 750,000 square feet, with the hotel and other buildings adding […] [...]

Supervisors hire HORNE to conduct hospital-sale feasibility study

NATCHEZ and JACKSON — The Adams County Board of Supervisors has selected the HORNE Group as the firm that will determine if the sale of county-owned Natchez Regional Medical Center is feasible. The Jackson-based certified public accounting and business advisory firm completed a similar study for the county in 2008. The feasibility study is the […] [...]

City given tobacco warehouse seized by FBI

TUPELO — The federal government has handed over a downtown warehouse seized during FBI raids in 2009 to the city of Tupelo. The FBI, the U.S. attorney’s office and the U.S. Marshals Service made the announcement Tuesday. Authorities said in a news release that the 100,000-square-foot warehouse was forfeited as the result of an investigation […] [...]

Malco buys theatre complex, plans expansion to entertainment center

OXFORD — Malco Theatres has acquired the closed 10-screen movie theatre and outdoor amphitheater in the Oxford Commons development. Terms were not disclosed. In a release, Malco said it would also acquire adjacent property from Kenlan Development Company in order to double the size of the building, converting it to a family entertainment center including […] [...]

With storms already brewing, Chaney urges insurance

JACKSON — Mississippi Insurance Commissioner Mike Chaney says people should review insurance policies as part of storm preparations as hurricane season approaches. Chaney says in a news release that most insurance companies won’t accept new applications after a designated hurricane or named storm enters the Gulf of Mexico. He says such a storm could develop […] [...]

Supervisors taking proposals for hospital-sale study

NATCHEZ — Adams County is seeking proposals from groups to complete a feasibility study to determine if the publicly-owned Natchez Regional Medical Center should be sold, leased or if nothing should change. The board of supervisors reached the decision this week after meeting with the hospital board. “We are not going to be able to […] [...]

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