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Tag Archives: convention hotel

Texas developer touts Jackson convention center hotel plan

Texas hotel developer Journeyman Austin has submitted what it says is a confidential unsolicited proposal to build a 304-key, eight-floor convention center hotel on Pascagoula Street across from the Jackson Convention Complex, complete with a multi-floor-above-and-below ground parking structure. » SEE UPDATE TO THIS STORY …  JRA agrees to let Journeyman Austin vie for convention hotel deal … Journeyman Austin ...

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JRA conditionally approves funding for long-delayed hotel

JACKSON — The Jackson Redevelopment Authority has given conditional approval to fund a long-delayed hotel project. The Clarion-Ledger reported attorneys for the authority still must sign off on the action. It also requires approval from the Jackson City Council, which will discuss the matter on Monday. The proposal involves issuing nearly $90 million in bonds to build a hotel across ...

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Savannah getting double – possibly triple – scrutiny on its convention hotel plans

When an initial market study for a convention hotel in Savannah, Ga., made rosy predictions for occupancy rates for the proposed 500-room hotel, the board that governs the city’s convention center responded with a “not so fast.” Like Jackson, Savannah has concluded that its convention center, known officially as the International Trade & Convention Center, can’t reach its potential without… ...

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Hotel execs mixed on seeing success for convention hotel

Now city must decide whether a hotel represents a significant financial exposure or a significant opportunity Jackson’s convention hotel conundrum started the day crews went to work readying property on the south side of Pascagoula Street for construction of the Convention Center Complex. Once that work started in earnest, Jackson’s elected officials committed themselves to someday having to make a difficult decision: ...

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Jackson set to bet $40M from general fund on half ownership of convention center hotel

Jackson taxpayers could soon be on the hook for more than $40 million of a $94-million convention hotel. But the city, so far, cannot guarantee it’s making a sound investment. City officials have not done a feasibility study of a new hotel near the convention center. Instead, they are relying on a market study commissioned by development partner TCI Investments ...

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Birmingham, Little Rock offer solid evidence that convention hotel will work

  Jackson City Council backs up $200-million Capitol City Center project with emergency fund; complex expected to be completed by early 2012   The Jackson City Council voted last week to set up an emergency fund that would partially pay for a Crowne Plaza hotel that would attach via skywalk to the Jackson Convention Complex.   An extended stay hotel, Staybridge ...

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