Business Blog

  With a 20-year-lease offer of $48.5 million on the table, downtown Jackson’s Landmark Center held a clear lead in the competition to become the new headquarters of the Mississippi Department of Revenue. Rivals South Pointe Business Park in Clinton and Diversified Technologies complex in Ridgeland presented offers of $51.4 million and $53.4 million, respectively. [...]

Ted Duckworth’s math tells him downtown residential is a-can’t-lose proposition. He’d be at the table but the dealer has no more cards to deal in a game that is all about converting decades-old commercial buildings instead of building anew. “Of the available buildings somebody else is already working on them,” said Duckworth, principal of Duckworth [...]

The coming departure of Parkway Properties from Jackson leaves a leadership void for downtown causes, says Ben Allen, president of the Downtown Jackson Partners, a public-private partnership created to promote and facilitate downtown’s revitalization. Parkway’s executive corps brought a “care factor” that will be hard to replace, Allen said. “As far a losing the emotional [...]