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Economic Development

Tradeoff: Jobs or property rights? Mississippians must settle issue

Mississippians cheered the arrival of big league economic development this decade with Nissan’s arrival in Canton and Toyota pending move into Blue Springs. But a property rights movement is working to blunt the enthusiasm for more economic bonanzas — at least if state incentives include offering the mega employers private property the state would seize through eminent domain. The Mississippi ...

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Backers of condemnation curbs see chance to cement property protections

Eminent domain — at least the government taking of private property on behalf of private enterprise — does not seem to offer much room for compromise. You are either OK with the government taking private property for private sector economic development or you are not. If middle ground exists, neither Leland Speed nor Ron Aldridge has found it. Speed, interim ...

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‘Replacement costs’ likely go by wayside with eminent domain vote

A ballot initiative to curb eminent domain in Mississippi to protect private property from private enterprise carries a cost land owners may not have considered, says Randy Kelley, executive director of Three Rivers Planning and Development District. New limits on the state’s eminent domain law through a constitutional change could end the paying of “replacement value” to landowners who sell ...

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Absentee ballot schedule needs speedy eminent domain resolution

Mississippi’s courts must move quickly to resolve a key state constitutional issue —whether it’s legal to limit eminent domain through a voter referendum. Otherwise trouble is ahead for state elections officials who must meet deadlines for printing and distributing ballots on the property rights question. The clock begins to wind down at 9 a.m. July 25 when Circuit Judge Winston ...

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Speed suit: Eminent domain vote repeals constitutional protections

Leland Speed concedes he may be relying on a “technical violation” in a lawsuit to stop a statewide vote on banning the use of eminent domain to take private property. But he’s got to do whatever he can to keep a “dumb” result from occurring, said Speed, a longtime Jackson real estate investor and now interim head of the Mississippi ...

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An exception to the rule

Restaurant group’s sales are up in Hattiesburg By Amy McCullough See “Why Businesses Are Not Expanding,” July 11, 2011. Many restaurants took a hard hit during the Great Recession as patrons chose to eat out less or choose less expensive venues. New South Restaurant Group in Hattiesburg, however, barely suffered. Owner and executive chef Robert St. John, who opened the ...

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Why businesses are not expanding

By Amy McCullough The Great Recession is technically over, but many Mississippi businesses faced with complying with new regulations regarding banking, healthcare, the environment and labor aren’t feeling much relief. Regulatory uncertainty is the reason many businesses are afraid to expand. Even if access to credit wasn’t restricted due to new banking rules, many business owners say uncertainty over the ...

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Innovation showcase

The 85,000-square-foot warehouse/office complex wholesaler Irby Electric expects to open in six months will be much more than a building to store and distribute the tens of thousands of electrical equipment pieces and parts the company keeps on hand. The $5-million building will showcase the energy efficient and environmentally sustainable products the 85-year-old Jackson company distributes in nearly two-dozen states, ...

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Rebounding Gulfport positioning itself for new trade era’s arrival

Completion of the Port of Gulfport’s rebuilding should coincide well with the expected trade growth from the expanded Panama Canal as well as Latin America, port officials say. Port director Don Allee may not get the 50-foot shipping channel the Port of Gulfport would need to take full advantage of a massive increase in Asian sea trade a bigger and ...

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Mississippi Main Street honors Pascagoula’s Davis

The work of Rebecca Davis in helping Pascagoula gain new life after the destruction of Katrina won her Mississippi Main Street Association’s Charles O. Beasley Scholarship Award, an annual honor that goes to a Main Street manager who has shown outstanding service to the community and program. Davis received the award at the Mississippi Main Street Association’s 2011 Annual Awards ...

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