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Economic Development

Farish developer faces obstacles with new buildout strategy

Getting OK on buildout money will not be an easy task Developers of the Farish Street Entertainment District have changed their leasing strategy to include paying for the buildouts of the clubs and shops they have restored along the first block of the former business and nightlife hub of Jackson’s African-American community. Watkins Development, which has a 45-year lease with ...

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Convention district expansion proposal gets OK

Enlarged footprint extends east to Pearl River and South to U.S. 80, taking in portions of the long-planned $1B Two Lakes project The dormant Two Lakes project and other downtown Jackson revitalization efforts could get a boost from a plan to expand the footprint of the Urban Renewal District created for the Jackson Convention complex and a planned convention headquarters ...

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Could Mississippi's Twin Creeks go the way of Solyndra?

Obama and Barbour have bet on green energy winners and losers Since its declaration of bankruptcy and subsequent FBI raid in early September, solar manufacturing company Solyndra has stayed in the national news, and President Obama has come under fire from Republicans with allegations of crony capitalism. This month the White House refused to provide documents regarding communications with Solyndra ...

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Miss. Technology Alliance holds 12th annual conference

At the Mississippi Technology Alliance’s 12th Annual Conference on Technology Innovation last week executives gathered at Jackson Convention Complex to discuss innovation in business and learn about projects from new Mississippi entrepreneurs. MTA is a state-sponsored, non-profit organization that works to drive innovation and technology-based economic development for the state. MTA assists entrepreneurs in developing business plans and connecting them ...

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Race on for Jackson hotel Go-Zone bonds; some councilmen want new developer bids

TCI Realty of Dallas, a prospective partner with the City of Jackson on a convention center hotel, is racing the clock to gain a $70.1 million share of Mississippi’s tax-exempt Gulf Opportunity Zone bonds before they expire Dec. 31. Meanwhile, the nearly $100 million project faces a council increasingly skeptical about inheriting a development partner from a previous mayoral administration ...

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99 Percenters in Smith Park channel voice of populist Yarbrough

The young folks who have gathered in Jackson’s Smith Park every day since early October likely never heard of Ralph Webster Yarborough. They’re carrying on his work, though. The late “People’s Senator” from Chandler, Texas, left Washington as the last of a breed of public official — one who could get elected by speaking and working of behalf of just ...

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BlueFire Renewables lands financing MOU for Fulton project

— BlueFire Renewables lands financing MOU for Mississippi bioenergy project, 5 others Biofuels Digest reports today that California-based BlueFire Renewables has entered into a Memorandum of Understanding with China Huadian Engineering Co. to finance its integrated Power Plant and Biorefinery in Fulton, Miss. and up to five additional plants in the United States. Under the MOU, Huadian will invest equity ...

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Miss. lacks healthy food distribution model

>> A look at healthy food distribution in and out of Mississippi Mississippi’s achievement of “fattest state in the nation” for seven years running is an economic problem. In addition to significant health care costs to treat chronic illnesses like Type II diabetes and heart disease, the productivity lost due to poor health defies calculation. A large part of the ...

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Big dollars await states with cyber sales tax collections

You can bet a $300 million windfall would cheer up Mississippi’s Revenue Estimating Committee when it convenes this month to set estimates on state collections of taxes and fees. The $300 million is the National Conference of State Legislatures’ estimate on the amount of money Mississippi loses each year by not taxing certain online and catalog sales. So why not ...

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