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Tag Archives: Metrocenter Mall

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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Sears shutting down Metrocenter store May 6

Sears will end its presence as a full-line retailer in Jackson May 6 with the closing of its 240,000 square-foot Metrocenter Mall store. Liquidation of merchandise has been under way for several weeks and will end |Sunday, a spokeswoman for the national retailer said Monday. The closing leaves Sears’ with only a handful of small appliance outlets in metro Jackson. ...

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Incentives part of bid to keep Sears at Metrocenter

Jackson Mayor Harvey Johnson is prepared to offer Sears incentives such as tax abatements to keep the full-service store as the remaining anchor for the 34-year-old Metrocenter Mall. “Those are things we’re open to,” said Harvey’s spokesman, Chris Mims, of the incentives the city is willing to offer to help the store open despite its placement on a post-Christmas list ...

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Metrocenter Mall owner blindsided by Sears closing

Metrocenter owner Shervin Mateen hardly expected the news he received a couple days after Christmas — the mall’s original and last remaining anchor would be shutting its doors for good. “It’s very shocking,” he said in light of the improving sales mall merchants had been reporting this holiday season compared to previous years. “Sales were increasing and then we hear ...

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Metrocenter owner: Debt paid

Los Angeles-based owners will consider purchase offers for ailing mall but portions of mall to be shuttered A Los Angeles real estate investment partnership that owns Jackson’s Metrocenter Mall says it has caught up on the mall’s tardy debt and will avoid foreclosure. Meanwhile, Jackson Metrocenter Group, LLC, is willing to consider offers from prospective buyers, said Shervin Mateen, general ...

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Land-use changes first up in U.S. 80 transformation plan

Jackson mayor wants timely movement on ‘Go-80’ strategy With the ailing Metrocenter Mall tagged as ground zero, Jackson’s U.S. 80 corridor would see a sweeping rezoning under a city strategy for attracting businesses that are more economically viable and more beneficial to the community than the string of used car lots, fast-food restaurants, lounges, liquor stores, auto-repair garages and pawn ...

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