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Real Estate & Construction

Just what is the market for a Jackson convention center hotel?

The Jackson Redevelopment Authority is moving ahead with selecting a developer for a convention center hotel, though at this point it can only guess at the soundness of the investment. The latest invitation for developers to propose how they would build a hotel adjacent to the Jackson Convention Complex – the third in the past five years – shares with ...

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Nissan building 2 houses in Canton with Habitat for Humanity

Special to the MBJ This month, Nissan volunteers are continuing their almost decade-old partnership with Habitat for Humanity Mississippi Capital Area by building two houses for two Canton families. Hundreds of volunteers from Nissan are taking part in a seven-day build of two homes being built simultaneously at 628 Coleman Street and 630 Coleman Street in Canton for homeowners Adrienne ...

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HE’S BACK — Fred Carl aims for the high-end market with modular homes

By JACK WEATHERLY  Fred E. Carl Jr. is emerging from his Viking Range years with a new venture, C3 Design. The company will build modular homes that are not what one might think of as “prefab” houses. It aims instead for the same high-end market that Viking dominated. Carl’s ventures are coming full circle. The first was homebuilding, a continuation ...

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872 acres of Marion County sand, gravel, clay reserves on market after bankruptcy

The U.S. Bankruptcy Court has ordered the sale of  Marion Clay & Gravel’s 872-acre tract in Marion County containing significant sand, gravel and clay reserves. The court has retained investment banking services company Heritage Equity Partners, in conjunction with Jax Auctioneers, to seek a buyer. The property is situated between the Pearl River and Highway 43 in South Mississippi’s Marion ...

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Vintage Highland Village gets a ‘lifestyle’ remake

By JACK WEATHERLY  Jimmy Fowler founded Highland Village in 1972 and for two generations it maintained its niche as a premier high-end shopping place in Jackson. “Curated,” is the term that Lou Masiello uses to describe how Fowler and his son-in-law, Guy Boyle, managed the center. The upscale center at the Northside Drive exit on Interstate 55 has kept its ...

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Madison named best place to live in Mississippi

According to homesnacks.com, Madison is the best place to live in Mississippi. The website also seemed to like town that were a suburb of Jackson, while not necessarily liking Jackson. Here is some of that the website had to say … Mississippi is a truly glorious state. A place of historical relevance, high religious identity, deep cultural roots, and perhaps, ...

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Bill Hankins named a 2014 CoStar Power Broker

William F. “Bill” Hankins has been named a 2014 CoStar Power Broker by CoStar Group, Inc., a leading provider of commercial real estate information, analytics and online marketplaces. The annual industry award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the firms and individual brokers who closed the highest transaction volumes in commercial property sales ...

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County Line Road, Northpark Mall fighting to hold their own

By JACK WEATHERLY  County Line Road is in a holding pattern in more than one way these days. Known for its infamous traffic, the mile-and-a-half, four-lane street that connects Interstate 55 and Old Canton Road, has lost several major stores in the past few years, and is about to lose more. Meantime, the “anchor” of the retail corridor, the 950,000-square-foot ...

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Fastest rising rents in US? Jackson, Mississippi

WASHINGTON — Home rental prices are climbing across much of the United States — with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine. Real estate data firm Zillow said Tuesday that prices nationally climbed a seasonally adjusted 4.3 percent in May from a year ago. Rents still are rising at ...

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Completion expected late this year for One Eastover Center, with hotel to follow

The end of 2015 will see completion of the office building component of Jackson’s District at Eastover followed a few months later by completion of a neighboring Residence Inn by Marriot, developers say. Construction has started on the hotel component of the $150 million District at Eastover mixed-use development at Interstate 55 and Eastover Drive. Developers say the four-story, 95-suite ...

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