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Real Estate & Construction

The most-recent of three hotels announced for the Fondren District in Jackson is in first place in development

By JACK WEATHERLY The most-recent of three hotels announced for the Fondren District in Jackson is in first place in development. Steel has risen on the Homewood Suites project site by the Ridgeland-based Heritage Hospitality Group, while two other projects announced two years earlier have yet to break ground, though spokesmen for both said about a year ago that dirt ...

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Meridian hotel third to get tourism tax rebate

By JACK WEATHERLY A third hotel will be built thanks significantly to the Mississippi Tourism Incentive program. The state law that created the program will provide up to 30 percent of the more than $23 million conversion of the 16-story 1929 art deco Threefoot Building in downtown Meridian. That would mean $6.9 million toward eligible costs, according to the certificate ...

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Central Mississippi a seller’s market for houses

By JACK WEATHERLY Central Mississippi continues to be a seller’s market for homes, with the median sales price rising 6.5 percent in July compared with a year earlier. The midpoint price of a house sold in that period rose to $189,000 from $177,500, according to the Central Mississippi Multiple Listing System. Also, days on the market were down 23.8 percent ...

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Gulfport builder wins $68 million Ingalls contract

By JACK WEATHERLY Gulfport-based Roy Anderson Corp. has been awarded a contract valued at approximately $68 million by Huntington Ingalls Inc. for the East Bank Revitalization project in Pascagoula. The project is part of Huntington Ingalls’ plans to reactivate its shipbuilding facilities on the East Bank of the Pascagoula River, which were heavily damaged by Hurricane Katrina in 2005. Work ...

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Trust says historic restorations bringing sustained economic dividends

By TED CARTER Three years ago, a John C. Stennis Institute of Government study concluded historic preservation in Mississippi does more than save old buildings. Saving the state’s past, the Mississippi State University-based institute said, carries the time-honored American virtue of making money. Specifically, each dollar of tax credits the state issues puts $2.45 into the pockets of workers and ...

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Clarksdale historic restorations providing room to create

By TED CARTER A $2.3 million transformation of a circa 1923 hotel in Clarksdale that once served as lodging for railroad conductors and engineers is a key cog in a plan to draw artists and other creative people downtown. Restoration of the historic Travelers Hotel on Third Street and transformation of the old Woolworth’s on Yazoo Avenue into residential lofts ...

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Payne happy to be serving his hometown

By CALLIE DANIELS BRYANT Tommy Payne Residing in Jackson is a third-generation Realtor, Tommy Payne, who is the broker associate and the promising successor to the 58-year old Payne Realty, which serves the Madison, Hinds, and Rankin counties. “I ‘grew up’ in the business you could say,” Payne said. “Having the chance to work with my dad and to be ...

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Margaritaville Resort amusement park ‘will reshape the traditional landscape of Biloxi’

By BECKY GILLETTE What could be more fun than hanging out at Jimmy Buffett’s Margaritaville Resort and Hotel in Biloxi? It might be enjoying the beachside amusement park that is currently planned next to the Margaritaville located on Point Cadet. Milton Segarra, CEO, Visit Mississippi Gulf Coast, said by definition amusement parks are exciting. That is even more true when ...

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Aplós opens in Highland Village

By JACK WEATHERLY Alex Eaton says the cuisine at his Manship Wood-Fired Kitchen, opened in October 2013, is “Mediterranean with Southern roots.” The latest restaurant opened Aug. 6 by Eaton and business partner Steven O’Neill is simply Mediterranean. The name of the restaurant, Aplós, is Greek for “simple.” That’s because of a distillation of all those cultural influences, says Eaton, ...

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