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Economic Development

Report: State has ways to go in monitoring jobs incentives

A new report by Good Jobs First, a non‐profit, non‐partisan research center based in Washington, D.C., gives Mississippi a C- in a state-by-state assessment of how states monitor, verify and enforce the terms of job subsidies granted private companies as economic development incentives. The report titled Money‐Back Guarantees for Taxpayers: Clawbacks and Other Enforcement Safeguards in State Economic Development Subsidy ...

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Parkway's exit from Jackson market seen as needed step

Parkway Properties’ planned exit from office markets in Jackson, Memphis and Richmond, Va., gets a thumbs-up from analysts who call the market departures an overdue course correction. The consensus is the self-administered real estate investment trust is giving itself its best chance for success by leaving tertiary, or secondary, markets for core markets that can bring higher returns. With Parkway’s ...

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Georgia reported near deal for giant economic development project

Georgia Gov. Nathan Deal is not revealing details but says the Peach State is in the “final stages of negotiating” what would be the biggest project since landing a Kia auto plant in West Point that now employs 3,000 people, the Atlanta Journal-Constitution reported Friday. One other state is in the running for the project as well, according to comments ...

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Parkway Properties further reduces Jackson presence

Company sells all but one Jackson building; exiting ‘non-core’ markets Parkway Properties is reducing its presence the Jackson market with the sale of all but one of its office properties, but Parkway officials will not make definitive comments regarding personnel reductions. Thomas Blalock, Parkway vice president of investor relations, said in an e-mail: “Given that the portfolio sale has not ...

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MEC hosts 'A Capital Day' for business community

Speakers address energy, education and health JACKSON – Members of the business community gathered at the Marriott hotel in Jackson today to hear Gov.-elect Phil Bryant’s agenda for economic development and the details of Blueprint Mississippi, a report on improving the state’s economic health that is sponsored by the Mississippi Economic Council (MEC) and other groups. Bryant assured the crowd ...

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Is Barksdale's lack of economic development a concern?

There were many names in the rumor mill as possible candidates for the next executive director of the Mississippi Development Authority. Jim Barksdale was not one of them. However, Gov.-elect Phil Bryant yesterday announced Barksdale as his choice as interim MDA director. Barksdale would succeed Leland Speed, who has also been serving in an interim basis at MDA. Like Speed, ...

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Jim Barksdale to lead Miss. Development Authority

JACKSON — Governor-elect Phil Bryant appointed Jim Barksdale Interim Executive Director of the Mississippi Development Authority today. Barksdale, former President and CEO of Netscape Communications Corp., will succeed Leland Speed as chief of the agency that leads Mississippi’s economic development efforts. “When I campaigned for governor, economic development and job creation were cornerstones of my campaign,” said Gov.-elect Phil Bryant. ...

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ALL BUSINESS: Former bank president Chuck Jordan hits the ground running as new Greenville mayor

In an election year when politics dominated headlines, perhaps Chuck Jordan’s sweeping victory in the Greenville mayoral race topped them all. In a surprising landslide victory, banker-turned-politician Jordan took more than 64 percent of the vote to become Greenville’s next mayor. Not only was this his first political campaign, Jordan, a white, took 40 percent of the black vote. Running ...

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RETIREMENT VERDICT — Study panel says report is prescription for sustaining state public workers’ retirement

The strategy is to structure benefits consistent with a  policy that encourages workers to stay on the job until age 62 “All the cards are on the table face up.” So went the pronouncement of Gov. Haley Barbour last week in detailing a 40-page report that calls for saving over $100 million annually in taxpayer contributions to the Public Employees ...

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Jackson council set for hotel vote Monday amid rush to sell bonds

A decision by Jackson City Council Monday (Dec. 19) to build a 16-floor, $96 million convention center hotel will hand Mayor Harvey Johnson a signature victory but a thumbs down from the council will give him a serious setback. The city put the deal on a fast-track to enable proposed development partner Transcontinental Realty Investments Inc. to meet a Dec. ...

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