Posts Tagged ‘Downtown Jackson’

Developer who won suit wants cooperation — not resistance — from Jackson and the JRA

by Published: October 9,2014

Tags: Business, Downtown Jackson, Mississippi

With his lawsuit against the City of Jackson behind him,  developer Don Hewitt says he will pursue new local development opportunities, including building a convention center hotel. His big hope, he said, is that the new leadership at City Hall and on the JRA governing board will bring a less combative atmosphere that allows him […] [...]

Getting state office tenants could be challenge for revived Landmark

by Published: October 9,2014

Tags: Business, Downtown Jackson, Mississippi, real estate

While making ambitious plans to convert Jackson’s Landmark Center to a mix of apartments, offices and retail, the building’s new owners want to recruit office tenants for the four floors situated below the two top floors designated for apartments. Each floor has about 50,000 square feet. A Cushman & Wakefield study in 2011 put leasing […] [...]

Jackson’s Landmark Center slated for mixed-use conversion

An Israeli lawyer who is part of a partnership that bought downtown Jackson’s Landmark Center plans to convert the vacant seven-floor office building into a mix of apartments, offices and retail. Zeev Yochelman, whose partnership acquired the 366,000-square-foot Capital Street building through an Internet auction in late July, detailed his plans to an informal breakfast […] [...]

Landmark’s future under new owner is anyone’s guess

» Mystery man said to have placed winning bid for Jackson office building The new owner of Jackson’s Landmark Center is reported to be of foreign descent, though Central Business District leaders say the buyer’s plans for the vacant seven-story Capitol Street building are a mystery. The building sold at a minimum bid auction for […] [...]

New buyer interest in Jackson’s Landmark Center after UMMC drops deal

A potential new buyer is ready to seek a deal on downtown Jackson’s Landmark Center now that the University of Mississippi Medical Center no longer wants the vacant office building. The Hertz Investment Group, owners of 1.2 million square feet of metro Jackson office space, wants to be 100 percent sure UMMC is out of […] [...]

UMMC drops purchase of downtown Jackson’s Landmark Center

by Published: June 16,2014

Tags: Business, Downtown Jackson, JACKSON, Mississipi, real estate

The University of Mississippi Medical Center’s purchase of the Landmark Center — a deal considered a much-needed game changer for downtown Jackson — is dead, UMMC officials say. » UPDATED: New buyer interest in Jackson’s Landmark Center after UMMC drops deal UMMC officials say they ceased negotiations with owners of the 366,500 square-foot building after other […] [...]

Banking Department looking for new home in metro area

by Published: May 2,2014

Tags: banking, Business, Downtown Jackson, finance, Mississippi

Downtown Jackson could lose a state agency with the pending move of the Mississippi Department of Banking & Consumer Finance from the Woolfolk Building next store to the capital. Banking Commissioner Jerry Wilson said the agency is willing to remain downtown if a suitable space of around 12,000 square feet and 85 parking spaces is […] [...]

With most financing in hand, Capitol & West developers looking for a 2014 opening

by Published: October 4,2013

Tags: Business, capital, Downtown Jackson, Mississippi

» Transformation of the circa 1934 federal courthouse at  245 E. Capitol St. will rely heavily on federal and state historic tax credits By Ted Carter Financing of the slightly more than $20-million conversion of the James O. Eastland Federal Courthouse in downtown Jackson to mixed-use residential will be completed as soon as the bank […] [...]

UMMC in talks to make Jackson’s Landmark home for 300 workers

Downtown’s long vacant Landmark Center is the preferred choice of the University of Mississippi’s Medical Center for a new workplace for around 300 information technology workers and other support staff. The governing board of the Mississippi Institutes of Higher Learning would have to approve UMMC’s purchase of the 340,000 square-foot building, which is on the […] [...]

Unease sets in as Hal & Mal’s owner contemplates life under new landlord

Malcolm White says he wants the business to ‘stay and continue to be the cultural center of the redevelopment of downtown but insists: ‘We want our lease back.’ Malcolm White says he always hoped to own the train depot that he and his late brother Hal restored and made the home of downtown Jackson food […] [...]

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