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Posts Tagged ‘commercial development’

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 [...] [...]

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 [...] [...]

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 [...] [...]

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 [...] [...]

Farish Street Group getting $10.2M loan from JRA

JACKSON — Developers of the Farish Street Entertainment District have taken the first step toward securing money needed to finish construction on the first block of the $100 million project in downtown Jackson. Yesterday, the Jackson Redevelopment Authority approved a non-binding agreement with Farish Street Group for a $10.2 million loan. As collateral, developers would [...] [...]

Developer pays state $3.3M for former School for the Blind

by Associated Press Published: February 27,2012

Tags: acquisition, commercial development, developer, real estate, schools, state government

JACKSON — A private developer is paying Mississippi $3.3 million to buy state land that used to be home to the School for the Blind. The 21-acre site faces an Interstate 55 frontage road in northeast Jackson, next to the current schools for the blind and deaf. Gov. Phil Bryant’s office says the land was [...] [...]

Councilmen balk at $107M in redevelopment bonds

JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave [...] [...]

Building permits down, but city expects to collect more fees

OLIVE BRANCH — Olive Branch may record fewer residential building permits this year than ever before, but the city still expects to collect more in permit fees because of big-box business development. The Commercial Appeal reports city officials collected $296,000 in building permit fees last year but expect to collect $375,000 this year, an increase [...] [...]

Old Capitol Green signs leases, calls on city to act

JACKSON — Carlton A. Brown, founding partner and COO of Full Spectrum South, yesterday announced the first retail business leases for the Old Capitol Green project in Jackson with 65 percent of the retail spaces committed as well as leases to fill 52 percent of the project’s first commercial office building. Full Spectrum of NY [...] [...]

Supervisors vote down Coast marina project

ST. MARTIN — The Jackson County Board of Supervisors has rejected plans for a new marina in St. Martin. Board president Melton Harris said the developer wanted to build a 21-slip marina and a restaurant on St. Martin Bayou. A supporter of the plan estimated that it would have been a $12-million investment. Harris said [...] [...]

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