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Tag Archives: commercial development

MBJ Special report: MDA numbers help with cities’ retail pitches

Mississippi communities looking to land a big retailer such as Walmart or Target often give the Mississippi Development Authority a call. That is where they will get the retail sales numbers for their area broken down to nearly a dozen categories. The numbers, through “pull-factor” calculations, also give an idea of whether the buyers live in the community or come ...

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MBJ Special Report: Cities learn value of partnering for retail

Mississippi’s mayors and county supervisor chairs relish putting on hardhats and grabbing a shovel for groundbreakings on new retail developments. But to get to that point, communities are learning they must shape partnerships with developers instead of depending on a developer’s determination to walk over hot coals in bare feet to get a project built. Cities and counties have come ...

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MBJ Special Report: Commercial development incentives are available — if you can find them

Mississippi let die on July 1 any new sales tax rebates for development of large retail complexes designated as “heritage centers,” a name given for their supposed ability to draw visitors from near and far. The rebates, worth a few hundred million dollars to individual projects, went to a handful of retail developments around the state, including the nearly one-year-old ...

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District at Eastover construction to start later this year

A mixed-use development on the site of Jackson’s Old Blind School has confirmed tenants a few months before construction begins. The District at Eastover will sit on Interstate 55 and be bordered by the Eastover and Fondren neighborhoods. So far, a Residence Inn by Marriott, Community Trust Bank, Cantina Laredo restaurant, a movie theater, a main office building and 190 ...

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CB Richard Ellis brings its global network to Jackson

Global commercial real estate firm CB Richard Ellis has set up shop in the metro Jackson market, having recruited a trio of longtime Jackson commercial real estate professionals to join the firm’s Grant Ridgway for the opening of an office at 10 Canebrake in Flowood. The arrival of CB Richard Ellis gives Jackson access to an international network that “was ...

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Read August 27 issue of the MBJ

>> JOURNAL INC. BUYS MBJ Mississippi’s Journal Inc. buys MBJ Also in this week’s paper: >> SPORTS Batesville trees a big one— by Clay Chandler >>RESHORING ‘Total cost’ calculations tilting manufacturing equation in favor of U.S.— by Ted Carter >>TRANSPORTATION Rail Authority forges ahead in wake of grant rejection— by Clay Chandler >> ROSS REILY Ownership transition is back to the future ...

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City hires firm to market former Dillard's Building

JACKSON — The Overby Company has been selected by the City of Jackson to assist with the comprehensive marketing and development of the former Dillard’s Building.The Overby Company will list the price of the site based on its marketability, similar sales in the area and statutory requirements, recommend a projected timeline for the sale and develop a marketing plan for ...

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Full Spectrum chooses Boomerang for robotic parking garage

JACKSON — Full Spectrum has chosen Boomerang Systems Inc., a designer and manufacturer of fully automated robotic parking and self-storage systems, to provide a 480-space automated parking garage as part of the initial phase of the Old Capitol Green redevelopment project located in Jackson. The cost of the project was not disclosed. Old Capitol Green is a 14-block downtown mixed-use, ...

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City Council to mull rebuilding infrastructure, Deer Island resort

BILOXI — The Biloxi City Council will consider rebuilding more infrastructure damaged by Hurricane Katrina and a resort on Deer Island this week. During today’s meeting, The Sun Herald reports Larry Mitrenga will appeal the Planning Commission’s decision that he not be allowed to build a resort on Deer Island. Mitrenga is asking the council to allow a zoning change ...

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Tradition developer agrees to protect Mississippi gopher frog pond

HARRISON COUNTY — The Center for Biological Diversity, Gulf Restoration Network and Columbus Communities, the developer of a planned community called Tradition in Harrison County signed an agreement today to protect habitat for the highly endangered Mississippi gopher frog The memorandum of understanding outlines steps the parties will take to facilitate a land exchange between the developer and U.S. Forest ...

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