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Tag Archives: JRA

Job ad’s bogus pay figure for new JRA chief creates confusion

money

By TED CARTER A fraudulent Internet job posting that listed the annual pay for the next executive director of the Jackson Redevelopment Authority at $160,000 may have confused the final two candidates but won’t force a restart of the effort to fill the job. That’s the assessment the chairwoman of the Jackson Redevelopment Authority and the head of a search firm ...

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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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Just what is the market for a Jackson convention center hotel?

The Jackson Redevelopment Authority is moving ahead with selecting a developer for a convention center hotel, though at this point it can only guess at the soundness of the investment. The latest invitation for developers to propose how they would build a hotel adjacent to the Jackson Convention Complex – the third in the past five years – shares with ...

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Virginia company proposes 8-floor Jackson Convention Center hotel, parking garage

hotel

By TED CARTER A Herndon, Va., company that specializes in public-private development partnerships is proposing an $83.6 million, 302-room Jackson convention center hotel with a 1,000-space garage. Red Leaf Development says it can do the project without direct contributions from the City or Jackson Redevelopment Agency, though $41.8 million in borrowing will be necessary, either through a conventional loan backed by ...

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JRA rejects request to release development deal with Tampa developer

Tampa’s Robinson Callen Development may soon have company in a quest to build a convention center hotel in Jackson. While Robinson Callen has a head start with its unsolicited $60 million proposal having received an official blessing from the Jackson Redevelopment Authority’s Board of Commissioners on June 25, Austin, Texas, hotel developer Journeyman Austin wants to submit a proposal as ...

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