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Real Estate & Construction

UPDATE: Court rules against Ridgeland’s Costco plan

By JACK WEATHERLY The Mississippi Supreme Court found on Thursday that the city of Ridgeland acted improperly in rezoning property for what would’ve allowed the construction a Costco Wholesale store on a 45-acre site on Highland Colony Parkway. The court reversed a ruling by Judge John Emfinger in Madison County Circuit Court. It ruled that the city of Ridgeland hadn’t proved ...

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Mississippi city offers up historic properties to developers

A Mississippi city is soliciting requests for proposals to develop three downtown properties it owns. The Sun Herald reports Biloxi Mayor Andrew “FoFo” Gilich wants to capitalize on the success of a lucrative deal to rent the city’s old library as a restaurant. The city will consider proposals for two 19th century properties: the Magnolia Hotel, which houses a Mardi Gras museum, ...

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Historic Mississippi building will likely be torn down

A historic Mississippi building has been deemed unrepairable and will likely be torn down. The Greenwood Commonwealth reported Tuesday that the Midway Hotel in downtown Greenwood will likely be demolished. Mayor Carolyn McAdams says a structural engineer reported that another historic structure has deteriorated but could be salvaged. The buildings fall under an ordinance requiring their owners to preserve them ...

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Jessica Harris named broker for Tommy Morgan Realtors

Jessica Harris has been named broker for the largest Northeast Mississippi-based real estate company, Tommy Morgan Realtors. Harris, a Booneville native, worked in the firm during her high school and college years as an administrative assistant. She became full time in 2005, directing marketing, coordinating sales and as office manager. She earned her real estate license in 2008 and has ...

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Concord Capital announces purchase of 600 Concourse in Ridgeland

Concord Capital, LLC announced the purchase of the 600 Concourse Building in Ridgeland, establishing the company as the second largest office landlord along Highland Colony Parkway.  Concord Capital is the acquisition and development company of industry veterans Ted Duckworth, Breck Hines and John Michael Holtmann. Concord and their affiliates also own 200 and 400 Concourse, and this acquisition brings their total ...

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Lost Rabbit turning into ‘success,’ developer says

By JACK WEATHERLY The Town of Lost Rabbit is “kind of a success story,” said Kevin Blanchard of Southern Lifestyle Development. And that’s saying a lot for the upscale Madison County development on the Ross Barnett Reservoir. It had been mired in lawsuits for years, many of which were settled in 2014, leaving Allstate Insurance in possession of acreage that ...

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George joins Mike Rozier Construction Co., Inc.

Jeffrey George recently joined Mike Rozier Construction Co., Inc. in Hattiesburg as the Director of Marketing & Business Development. George is responsible for developing and implementing the company’s comprehensive marketing strategy, building and retaining relationships, and growing the company’s presence in Mississippi. A native of Covington, La., George attended The University of Southern Mississippi, graduating with a degree in Political ...

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Judge: Return Chinese drywall lawsuits to original states

Nine years after a judge began supervising a multitude of federal lawsuits that claim homes were damaged by Chinese drywall, he says it’s time to return thousands of remaining cases for trial in the courts where they were filed. The panel that put Judge Eldon Fallon in charge in 2009 said the first 1,700 would return to Florida’s federal courts ...

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Lamar Life Building to be converted to mixed use — apartments, retail and office

By JACK WEATHERLY Developer Andrew Mattiace will convert the historical Lamar Life Building in downtown Jackson into loft apartments and office and retail space. The conversion of the 11-story building commenced last week and will be complete in November, Mattiace said in an interview. Mattiace said he made a decision to put up a banner on the building announcing the ...

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