by Associated Press Published: December 12,2011
Tags: community development, convention hotel, downtown, economic development, hospitality, hotels, lodging, meetings and conventions, tourism, tourists, visitors
JACKSON — The Jackson Redevelopment Authority has given conditional approval to fund a long-delayed hotel project. The Clarion-Ledger reported attorneys for the authority still must sign off on the action. It also requires approval from the Jackson City Council, which will discuss the matter on Monday. The proposal involves issuing nearly $90 million in bonds [...] [...]
When an initial market study for a convention hotel in Savannah, Ga., made rosy predictions for occupancy rates for the proposed 500-room hotel, the board that governs the city’s convention center responded with a “not so fast.” Like Jackson, Savannah has concluded that its convention center, known officially as the International Trade & Convention Center, [...] [...]
Jackson’s convention hotel conundrum started the day crews went to work readying property on the south side of Pascagoula Street for construction of the Convention Center Complex. >>>SEE COMPLETE STORY<<< [...]
Jackson taxpayers could soon be on the hook for more than $40 million of a $94-million convention hotel. But the city, so far, cannot guarantee it’s making a sound investment. City officials have not done a feasibility study of a new hotel near the convention center. Instead, they are relying on a market study commissioned [...] [...]
Jackson City Council backs up $200-million Capitol City Center project with emergency fund; complex expected to be completed by early 2012 The Jackson City Council voted last week to set up an emergency fund that would partially pay for a Crowne Plaza hotel that would attach via skywalk to the Jackson Convention Complex. [...] [...]
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