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Archive for the ‘REAL ESTATE – Market Sector’ Category

Baseball stadium/entertainment venue proposed at State Port

GULFPORT — A family entertainment venue that would include a baseball stadium, theater, bowling alley, restaurants and shops is being proposed for the state port in Gulfport. The Sun Herald reports Tim Bennett, a partner in relocating the Atlanta Braves AA Mississippi Braves team to Pearl, has been looking for eight years for the right [...] [...]

FNC index shows U.S. home prices up for first time since last July

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the first time since July 2011, providing more evidence that the housing market is rebounding as the spring home-buying season is underway. Despite modest declines in March home sales, home prices — based on recorded sales transactions in [...] [...]

Schools want to re-negotiate 16th Section lease agreement with MDWFP

HANCOCK COUNTY — The Bay-Waveland School District is hoping to re-negotiate a 40-year-old lease in hopes of bringing in more money for the schools. According to public records, the district in conjunction with the Hancock County School District agreed to a 99-year lease of 16th Section land with the state Wildlife, Fisheries and Parks Department [...] [...]

City budgets $175K to finance proposed annexation

by Associated Press Published: May 17,2012

Tags: annex, annexation, appropriations, budget, finance, financing, municipal government, real estate, rtaxes, taxpayers

PASCAGOULA — An additional $175,000 will come out of the Pascagoula general fund this fiscal year to finance annexation. The Mississippi Press reports city leaders approved the budget amendment. The city’s plan to annex about 21 square miles east of the city got rolling in fall 2010, and has been a subject of debate ever [...] [...]

Tax-forfeited properties up for bid in Port City

GREENVILLE — Eighty tax-forfeited parcels at a value of over $265,000 in the Greenville area up for bid, and Greenville Mayor Chuck Jordan and Secretary of State Delbert Hosemann held a joint press conference yesterday to market these lands. “Tax-forfeited properties are a drain on the community, the state and your local tax rolls,” said [...] [...]

Officials approve sale of land after checking with Ethics Commission

by Associated Press Published: May 16,2012

Tags: acquisition, aldermen, board of aldermen, cousins, ethics, land, mayor, municipal government, property, purchase, real estate

SOUTHAVEN — Southaven officials have approved the contract to buy 10 acres of property for $1.9 million after learning that the purchase did not violate any state ethics laws because Mayor Greg Davis’ cousin is one of the owners of the land. In a 5 to 2 vote, The Commercial Appeal reports the board agreed [...] [...]

Coast city to appeal judge’s decision on proposed annexation

PASS CHRISTIAN — The city of Pass Christian plans to appeal a judge’s decision denying the city’s request to annex 5.4 square miles in Harrison County. That’s according to a court notice the city has filed. The Sun Herald reports the city will appeal to the state Supreme Court the ruling specially appointed Chancellor Hollis [...] [...]

After 114 years, researchers finally complete soil study of entire state

ACROSS MISSISSIPPI — After 114 years, Mississippi State University and other agencies have completed an acre-by-acre map of Mississippi’s soils — more than 30 million acres. It’s part of the National Cooperative Soil Survey begun in 1899 by the U.S. Department of Agriculture’s National Resources Conservation Service. “To map over 30 million acres is a [...] [...]

Redevelopment Authority seeking proposals for riverfront development

PASCAGOULA — The Pascagoula Redevelopment Authority is soliciting proposals from developers for the city’s riverfront site, an office, retail and residential development. Jim Estabrook, chairman of the authority, tells The Mississippi Press the request for proposals is a significant move toward a goal of having construction start in five months. The authority is seeking proposals [...] [...]

City Council approves development plan for Centennial Plaza

GULFPORT — The City Council has voted to support a plan to develop Centennial Plaza. The Sun Herald reports council members had questions about the length of the lease and the development plan for 60 of the 92 acres at the former Veterans Affairs property. But after meeting with members of the Gulfport Redevelopment Commission, [...] [...]

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