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Tag Archives: Downtown Jackson

JRA selects EDT as top choice for convention hotel developer

EDT Convention Hotel rendering

By TED CARTER Washington, D.C.-based Engineering Design Technologies has been named the preferred developer for a downtown Jackson convention center hotel. The selection of EDT’s $75.5 million proposal came at Wednesday’s meeting of the Jackson Redevelopment Authority, capping a request for proposals process that began last spring. EDT and its local team, Mississippi Developers LLC, beat out Red Leaf Development of ...

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Couple taking risk in creating cooperative workspace in historic downtown Jackson

Coalesce on North State Street plans to open March 1 and offer open cooperative workspace in downtown Jackson.  Future developments include single offices and team suites.

By LISA MONTI  Attorney Matthew McLaughlin admits rehabilitating a historic building in downtown Jackson is a “pretty big leap of faith” for him and his wife, Shannon, to tackle. Shannon McLaughlin, an event planner who also does marketing and public relations, was looking for office space when the couple found two old buildings on North State Street. They needed major ...

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Agency to get $9M loan to fund city’s part of hotel project


JACKSON — The Jackson Redevelopment Authority will get a $9 million loan to help fund the city’s portion of the downtown Westin hotel project. The Clarion-Ledger reports the agency will borrow the money from investment banking firm, Siebert Brandford Shank & Co., L.L.C. The agency put out a request for proposals from investment firms after there were no bids on ...

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Work on Jackson’s Capitol Art Lofts delayed

The Capitol Art Lofts will have 31 
apartments priced so that artists and other creative people 
can afford them.

By JACK WEATHERLY  HRI Properties announced in April that it had secured financing for a $10.4 million renovation of a historic block across from the King Edward hotel on Capitol Street in Jackson. Construction of the Capitol Art Lofts, according to the New Orleans-based developer, was to start this fall. But Joshua Collen, vice president for development for HRI, said ...

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JRA expected to hear Denver developer’s Farish St. proposal at special meeting

Farish Street_SHELLS_feature_rgb

By  TED CARTER The Jackson Development Authority has put the dormant Farish Street redevelopment on the agenda of a special meeting at 10 a.m. Wednesday. The action follows a Hinds Chancery judge’s order for Development Authority lawyers not to impede consideration of a possible deal on redeveloping the two block portion of Farish Street. The trial lawyer for the JRA ...

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Law firm’s planned City Centre exit gives owner convention hotel option

266,000 square-foot City Centre

By TED CARTER The pending move of law firm Forman Watkins & Krutz from downtown Jackson’s City Centre has cleared the way for the new owners to convert the two-building office complex to a convention center hotel. An executive with new owners Hertz Investment Group said earlier this month a decision by City Centre main tenant Forman Watkins & Krutz not ...

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Jackson convention hotel proposer doesn’t see past troubles hampering bid

By TED CARTER The leader of a group vying to develop a Jackson convention center hotel says difficulties the team’s financial adviser had with the Securities and Exchange Commission should not hurt the team’s selection chances. Nor should Mychal Jefferson’s arrest on an auto theft charge while a college student 25 years ago harm the team’s prospects, Mississippi Development LLC’s CEO ...

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Convention center hotel proposals ask for $41M in loan support

Engineering Design               Technologies Inc.,                     Mississippi Developers LLC

Hotel: Full service; eight floors, 304 rooms; total square footage 340,000;
Parking: 300-space combination surface & structured spaces;
Function space: 21,000 square feet; 
Master Site Plan: (Option 1) Front of the hotel faces the convention center along Pascagoula Street, with a courtyard and improvements to street façade; (Option 2) Front of the hotel faces Farish Street and function space fronts Pascagoula Street;
Cost: $75.1 million
Flag: Marriott
Completion: January 2018

Development Team
» Engineering Design Technologies Inc. (Master Developer), Mississippi Developers LLC
» Jones Walker (Legal Counsel)
» Fountain Construction Co. (Contractor)
» M3A Architecture PLLC/William L. McElroy AIA NCARD (Architect); Integrated Management Services (Engineering); Smallwood, Reynolds, Stewart, Stewart Associates Inc. (Design)
» Public Finance Authority (Financial Services Consultant)

By TED CARTER Two of the three convention center hotel proposals presented to the Jackson Redevelopment Authority rely heavily on public-sector backing for development loans, though both forgo asking for direct financial contributions from either the City or JRA. A JRA-appointed review committee will look over the proposals and recommend a developer to the Authority in time for a selection or ...

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UPDATED: JRA won’t disclose new convention center hotel proposals


By TED CARTER Long known for its preference to keep its business out of the public eye, the Jackson Redevelopment Authority is refusing to release proposals it received for a convention center hotel by a June 30 deadline. The city agency had also declined to identity development companies that responded. Friday afternoon, however, the JRA furnished the names of the companies. ...

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