Mississippi Business Journal » commercial

MDMR closes waters to oystermen due to water quality

MBJ Staff — Wed, 06 Feb 2013 17:32:39 +0000

GULF OF MEXICO — The Mississippi Department of Marine Resources has closed three areas to oyster harvesting because of water quality issues. The affected harvesting areas are Area II “A,” which includes northern portions of the Pass Christian, Henderson Point Reef and northern portions of Hornet’s Reef; Area II “E,” which covers Square Handkerchief reef [...]

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Demolition begins of historic downtown building

Associated Press — Thu, 17 Jan 2013 15:09:57 +0000

PASACGOULA — Crews are tearing down the Brumfield’s Building, a fixture in downtown Pascagoula since the 1920s. Hurricane Isaac damaged its roof, which caused damage to walls. The family corporation that owns it determined the cost would be too high to save the building, which was a bank before it became a premier men’s clothing [...]

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Attorneys preparing final briefs in hospital-annexation case

Associated Press — Fri, 21 Dec 2012 13:24:50 +0000

OXFORD — Attorneys have 30 days to submit final briefs in case that will decide whether the land that a company has selected as the location of its new $300 million hospital will be included in the Oxford city limits. The Oxford Eagle reports Baptist Memorial Hospital-North Mississippi wants to build on the 160-acre site [...]

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FNC index shows improving U.S. property values

MBJ Staff — Mon, 17 Dec 2012 18:08:50 +0000

OXFORD — U.S. property values continue to show signs of improvement, in line with indications of continued expansion in economic activity and better employment rates in recent months, according to FNC’s latest Residential Price Index (RPI). Favorable developments in the housing sector, including declining foreclosure activities and rising home sales, have contributed to the continued [...]

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New land-use code could spur development

Associated Press — Tue, 11 Dec 2012 12:28:15 +0000

TUPELO — A new development code in Tupelo will allow more mixing of land uses. The code is expected to go to a vote in January, reports the Northeast Mississippi Daily Journal. If the City Council adopts the code, a transition period will follow. During that time, developers will be able to choose which code [...]

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Aldermen mull options for land after swap proposal fails

Associated Press — Tue, 20 Nov 2012 14:54:05 +0000

OCEAN SPRINGS — The Ocean Springs Board of Alderman has heard discussions about the future of the Harbor Landing property. The Harbor Commission and attorneys for Albert Duckett and Amanda Kennerly discussed the Harbor Commission proposal to turn the 1.7 acres of land into a green space park with additional parking for the boat launch [...]

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Officials say citizens reconsidered, now want rezoning

Associated Press — Wed, 17 Oct 2012 18:12:41 +0000

D’IBERVILLE — D’Iberville officials have opened more land for economic development, changing the zoning on the southwest portion of the intersection of interstates 10 and 110 from mostly residential to commercial. The Sun Herald reports the city had tried to rezone the property a few years ago, but residents objected. Deonne Olier, city planning and [...]

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Simon Property Group honored for ‘green’ efforts

MBJ Staff — Tue, 02 Oct 2012 17:05:31 +0000

RIDGELAND — Simon Property Group Inc., a retail real estate company, has won two recent awards for its commitment to sustainability issues. Simon properties in Ridgeland include Northpark Mall. For the second consecutive year, SPG has been recognized by the Carbon Disclosure Project (CDP) with inclusion in its select Carbon Disclosure Leadership Index (CDLI). Once [...]

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Community college lone bidder for bankrupt country club

Associated Press — Fri, 21 Sep 2012 11:49:54 +0000

COLUMBUS — East Mississippi Community College is the sole bidder for the bankrupt Columbus Country Club. Deadline for bids was Sept. 14. The auction is scheduled for Oct. 5. Jason Browne, a spokesman for EMCC, tells the Commercial Dispatch the school’s administrators are not ready to comment on the bid. EMCC board members discussed purchasing [...]

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Study finds Jackson has lowest commercial real estate cost

MBJ Staff — Thu, 30 Aug 2012 23:15:52 +0000

JACKSON — The Building Owners and Managers Association (BOMA) International, using the results from the 2012 Experience Exchange Report (EER), has compiled a list of the most and least expensive commercial real estate city-markets in the United States. The annual report aggregates rental income and operating expense figures from the previous year; in 2011, data [...]

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