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Tag Archives: Central Business District

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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Office occupancy edged up throughout Metro Jackson

Vacancies in Metro Jackson’s office market dropped by 1.9 percent last year as the Central Business District and other sub-markets achieved a net absorption of 129,612 square feet of previously vacant space, the CB Richard Ellis Jackson office reports. The increased leasing brought the market-wide vacancy rate to 21.4 percent, according to the CBRE Office MarketView survey, which put the ...

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City gets Brownfields grants for vacant properties

PASCAGOULA — The city of Pascagoula has funds available that could help landowners who want to develop a vacant building or site. Pascagoula has two Brownfields grants —- for $200,000 each — from the EPA to be used for environmental assessments, one for petroleum sites and the other for hazardous waste. “You get these properties that just sit vacant, no ...

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Group pushing for downtown to be declared historic

TUPELO — Officials are starting a campaign to have the downtown declared a national historic district. Officials with the Downtown Tupelo Main Street Association tell the Northeast Mississippi Daily Journal that group will do a historic resources survey to see if the central business district has enough buildings to support the designation. Main Street went through the process in 1991 ...

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Main Street to unveil new look, plan for Coast business district

LONG BEACH — Members of the Mississippi Main Street Association (MMSA) Economic Development Resource Team will reveal a new look and plans for the central business district of Long Beach April 16. The public presentation will be held at 5:30 p.m. at the University of Southern Mississippi’s Gulf Park Campus in the Fleming Education Center, Room 201. “Mississippi Main Street ...

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JRA could issue $107M in bonds for development

JACKSON — The Jackson Redevelopment Authority could soon issue $107 million in bonds for three economic development projects — including two that have endured a host of delays. The Clarion-Ledger reports the bonds will go toward financing a hotel to be built across from the Jackson Convention Complex, the Farish Street Entertainment District and a new headquarters/welcome center for the ...

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Midyear upswing eyed

Unoccupied space just up at 1.8 million square feet compared to 1.78 million square feet unoccupied in the previous quarter Metro Jackson’s office market ended the first quarter in much the same fashion as the fourth quarter, with the submarkets of Lakeland Drive and Interstate-55/County Line Road showing slight occupancy increases and the Central Business District and Colony Park slight ...

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