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Tag Archives: Commercial Real Estate

UMMC looking to buy downtown Jackson building for $6.25M

JACKSON — The University of Mississippi Medical Center is seeking approval from the College Board to buy the vacant Landmark Center office building in downtown Jackson for $6.25 million. UMMC says it would move some operations downtown to the 300,000 square-foot building to move some offices out of rented quarters and eventually free up more space on campus. » READ ...

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City loses again in court in dispute over mental health clinic

OCEAN SPRINGS — The Mississippi Supreme Court has ruled against the city of Ocean Springs in its dispute with a mental health clinic that wanted to locate in the coastal city. Jackson County Circuit Judge Robert Krebs ruled last December that the city erred in denying a use permit to the Psycamore mental health clinic. The Supreme Court yesterday upheld ...

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Hosemann seeking penalties from developer for moving project funds

JACKSON — The secretary of state’s office is questioning whether Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Secretary of State Delbert Hosemann is seeking administrative penalties plus restitution of $587,084. Watkins denied any wrongdoing during an administrative hearing that ended this week before ...

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Lawsuit filed to halt rezoning for proposed Coast casino

BILOXI — A Harrison County judge has been asked to stop the rezoning of 19 acres west of Interstate 110 to waterfront in Biloxi to make way for a new casino. The lawsuit was filed last week by neighbors and the Gulf Islands Conservancy opposed the Biloxi City Council’s decision to rezone the property to waterfront. Waterfront zoning is required ...

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Event looks to put businesses in vacant downtown buildings

Two economic development organizations and a public university have teamed up for an event aimed at matching businesses with available sites in Natchez. On Nov. 9, “Possibilities Tour: Turning Deserted Spaces into Dynamic Places” will be held from 2 p.m.-5 p.m. in downtown Natchez, and will showcase 12 vacant buildings on Main and Franklin streets that are available for sale ...

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Casino developers given 15-day deadline for lease renewal

D’IBERVILLE — The developers of Oyster Bay Casino have 15 days to renew their lease for Fountain Beach and they say they will. The Sun Herald reports the lease has expired today on the city-owned Back Bay land where the developers want to build a casino. The mayor and City Council voted this week to notify the developers they have ...

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Another financial plan for proposed mall earns approval

SOUTHAVEN — A new financing plan has surfaced to pay for roads, water and sewer for a proposed outlet mall to be built in Southaven. The Commercial Appeal reports Southaven Board of Aldermen and the DeSoto County Board of Supervisors agreed last year to a $15-million tax increment financing plan to offset the costs of the public infrastructure for the ...

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City approves CarMax site; lawsuit to be dropped

TUPELO — The Tupelo City Council has cleared the way for a used car dealer to open near the city’s Mall at Barnes Crossing. The council voted yesterday to update the city’s development code and zoning map, the Northeast Mississippi Daily Journal reports. Used car chair CarMax had sued the city over its denial of permission for a location near ...

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Council rejects rezoning plan for future casino site

BILOXI — The Biloxi City Council has tabled rezoning a possible casino site — for now. During a public hearing yesterday, land owners who want to see a $200 million casino built on their property west of Interstate 110 envisioned the site as the gateway to the city with a beautiful new casino a bookend to the IP casino resort, ...

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Mall sale draws prospective buyers; owners asking $6.5M

JACKSON — A dozen potential buyers have expressed interest in Jackson’s Metrocenter mall since it hit the market Sept. 24. That’s according to the building’s broker. Listing price is $6.5 million. David Sewell, Metrocenter manager, tells The Clarion-Ledger day-to-day business at the 500,000-square-foot mall, which is Mississippi’s largest and once was the state’s premier shopping center, will not be interrupted. ...

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