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Tag Archives: David Watkins

(WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson

By JACK WEATHERLY Two years after HRI Properties announced that it would convert historical, vacant buildings into 31 loft apartments in the 200 block of West Capitol Street in Jackson, it said on Tuesday it will move forward with the project now that it has the funding. The delay was caused by the unavailability of tax credits, said Joshua Collen, ...

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Court hits David Watkins with $600,000 order over Retro Metro issues

  Jackson developer David Watkins must pay more than $600,000 in restitution and penalties for diverting money from a bond issue for converting the Metrocenter Mall’s former Belk’s store into City of Jackson office space. Chancery Judge Hollis McGehee ruled Thursday that Watkins had no authority to divert any of the $2.5 million in bond money intended for the Belk’s ...

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OUR VIEW: Why no introspection on causes of HUD trouble over Farish St.?

Raise your hand if you are surprised by the U.S. Department of Housing and Urban Development’s conclusion that redevelopment of downtown’s Farish Street has been the least of Jackson City Hall’s concerns the last decade and a half. Seeing no hands, let us proceed. Cause-and-effect is a good place to start. Remarkable indifference, professional carelessness and unaccountability are going to ...

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Developer accused of misusing mall bond funds

JACKSON — The Secretary of State’s Office has found Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Yesterday, Secretary of State Delbert Hosemann announced in a news release that Watkins and his company have been order to pay restitution of $587,084, plus legal interest ...

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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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Banished from Farish St., Watkins named chair of Downtown Jackson Partners

JACKSON, Mississippi — Fresh off getting the boot from Jackson’s Farish Street redevelopment project, developer David Watkins took over the chairmanship of Downtown Jackson Partners Wednesday. Watkins, principal of Watkins Development and rescuer of the King Edward Hotel and Standard Life Building, succeeds Trustmark Bank’s Harry Walker as chair of the public-private agency that oversees downtown’s Business Improvement District and ...

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Jackson's aging Metrocenter awaits new vision

On one hand, Nina Holbrook sees the departure of Sears as “one of the biggest hits Metrocenter has ever had.” But then she switches her perspective from U.S. Highway 80 corridor advocate to commercial real estate professional. With that comes the idea that big things could be in store for the 34-year-old mall. “It’s a great development opportunity,” she said. ...

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Watkins: Farish still on track

David Watkins wants to be clear: Farish Street is on schedule for the major tenants of its first block to open late this year. The project has not stalled for lack of money, as was reported in the Clarion-Ledger last week. Watkins, who is developing the historic district into a Beale Street-like mix of clubs and restaurants, said the only ...

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