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Real Estate & Construction

Georgia legislation sets stage for eventual casino resort legalization

Legislation that would open the door to up to six casino resorts in Georgia will be introduced in the state House on Thursday, The Atlanta Journal-Constitution reports. The measures, both by Economic Development Committee Chairman Ron Stephens, R-Savannah, would generate $250 million a year to support the HOPE scholarship, according to a briefing paper obtained by The Journal-Constitution. The bill, and ...

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People in the South move more than those in other US regions

ORLANDO, Fla. — Southerners moved a bit more last year than people who lived in any other region of the United States. New figures released Wednesday by the U.S. Census Bureau show that 12.5 percent of people in the South moved from 2013 to 2014. They moved either within their county, from one home to another, or moved from elsewhere ...

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Options for exprison site in Leflore County studied

GREENWOOD — Leflore County officials are looking for possible uses for the shuttered former Delta Correctional Facility after a bill to authorize placing state inmates there died in the Legislature. House Bill 1044 died in the Senate after Corrections Committee Chairman Sampson Jackson, DPreston, declined to bring it up for a vote. The Greenwood Commonwealth reports the bill would have ...

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Zoning code change dropped after NE Jackson protest

By JACK WEATHERLY A proposed amendment to the Jackson zoning code that would have allowed commercial redevelopment in districts set aside for parks, golf courses, hospitals and churches across the city was removed from consideration Monday — to the applause of an overflow crowd at Jackson City Hall. Members of about a half-dozen northeast Jackson neighborhood associations were in attendance to assert that developers ...

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New Orleans developer buys landmark in home town, Meridian

MERIDIAN — A New Orleans developer has bought a downtown Meridian landmark — the old Hulett Furniture Co. building. Tim Hester says he was looking to invest in his home town, The Meridian Star reports. “I grew up in Meridian, played football at Meridian High, but as a developer I’ve worked in Tupelo for the past 25 years,” Hester said. ...

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COMMERCIAL FINANCE 701: Title certificates, reports, commitments & policies: The difference may be your job!

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. A distinguished Mississippi attorney once observed, “Words mean so much more when you know what they mean.”  In some cases, words just don’t mean what we think — like decimate, factoid, ...

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Fed's Beige Book shows sustained rise in economic activity

Reports from the 12 Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early January through mid-February. Central and South Mississippi are part of the Fed’s Atlanta District while North Mississippi is in the St. Louis District. The Beige Book, last published on Jan., details economic assessments from the various districts. The new ...

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Charleston, S.C., wins Daimler AG sweeptakes for Sprinter van plant

The Charleston area appears to be 1,200 jobs closer to being recognized as a leading automotive center, the Charleston Post and Courier reports. While Daimler AG is not expected to announce its plan until Friday, insiders say it is primed to expand its North Charleston plant, which currently employs about 100 people and assembles Mercedes-Benz Sprinter vans. Its new function ...

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$2 million makeover for Jackson’s Smith Park in conceptual stage

A vision for the first revamp of downtown Jackson’s Smith Park in more than 40 years is taking shape. A project committee of downtown business leaders hope to raise private money to secure a contribution from state government for a $2 million redo that involves opening up the 2.4-acre park’s visibility and access, building a new bandstand and eliminating water ...

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D'Iberville holds off selling Ocean Expo land

D’IBERVILLE — D’Iberville officials have tabled a development agreement with RAMCO Real Estate to buy the site that was to become Ocean Expo. Councilman Henry Toncrey said Wednesday after an executive session he wants more time to study the proposal. In 2011, the city bought the land at the southwest quadrant of interstates 10 and 110 for the Ocean Expo ...

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