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Real Estate & Construction

Township at Colony Park to build penultimate phase

By JACK WEATHERLY Kerioth Corp. is planning to add two hotels and a conference center as one of the last two phases of The Township at Colony Park. And latest aspect of the mixed-use development in Ridgeland will be in keeping with the upscale nature of the project that began 2003, said Kerioth President and Chief Executive Clint Herring. Two ...

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2 Gulf Coast Realtors recognized

Sam Ford and Kenneth Jones, of Coldwell Banker Commercial Alfonso Realty, Inc., have been awarded the Top Producer Platinum Award-Commercial, and  both have individually won the Emerald Award from  the Gulf Coast Association of Realtors, Inc. The  Emerald Award is bestowed upon commercial sales professionals who achieve the highest commercial gross commission income among the Gulf Coast Association of Realtors.

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Construction tour of downtown Jackson hotel shows shape of future

By JACK WEATHERLY Mike Burton loves to point out the subtleties of the Jackson Westin as he conducts a walking tour of the hotel under construction. Such as the walls of the ground-floor passage from the east-facing lobby that are on a slight angle for a few paces, then an inset and another angled wall and so on, till the ...

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Groundbreaking held for $35 million Hattiesburg mixed-use development

By BECKY GILLETTE Ground was broken March 23 on the $35-million District at Midtown mixed-used development that will take up an entire block at Hardy Street and 31st Avenue across from the University of Southern Mississippi. While this isn’t a new industrial development, it still packs a whammy when it comes to job creation. » READ COMPLETE STORY at Hattiesburg ...

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Colonial Highlands manager breaks silence, says plan just taking longer

By JACK WEATHERLY It’s taken longer for the Colonial Highlands traditional neighborhood project to gain traction than anticipated, Bo Lockard said in an interview last week. Lockard, managing partner of Colonial Jackson LLC, sought to clear the air on the project in northeast Jackson expected to cost $250 million. In recent months, Lockard, other partners and local brokers had not ...

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Roads, bridges and a tight budget

Pick any year, and Mississippi is one of the poorest states in the union. Mississippi ranked 50th in income for 2015, for example, with per capita compensation at $34,771. Fortunately, taxation in the Magnolia State is low. In fiscal 2012, it ranked 41st with taxation as a percentage of income (8.6), according to the Tax Foundation, a nonpartisan think tank ...

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Highlands group mum on status of development for Jackson

By JACK WEATHERLY Bo Lockard said last July he could see the future of Colonial Highlands spread out before him. Conversations with potential developers of the 152-acre former home of the Colonial Country Club as a $250 million village of upscale residences and retail shops had begun, he said. “We are working toward negotiating contracts by the end of the ...

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Concrete group taps Howell

The Mississippi Concrete Industries Association recently elected Les Howell, P.E. of Delta Industries, Inc. as the 2017 MCIA President. Howell is the Vice President and Chief Engineer of Delta Industries, Inc. where he has worked for over 17 years. He received his Civil Engineering degree from Mississippi State University in 1991 and Masters of Business Administration degree from Mississippi College ...

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House buyers, sellers getting what they want in central Mississippi

By JACK WEATHERLY Both sides in the residential real estate market in central Mississippi are getting what they want. First, the seller’s side. Pending sales were up 53.9 percent last month, compared with a year earlier, according to the Central Mississippi Realtors Association. And sellers got 95.4 percent of their listed price, with the average stay on the market of ...

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