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Tag Archives: real estate

Lost Rabbit turning into ‘success,’ developer says

By JACK WEATHERLY The Town of Lost Rabbit is “kind of a success story,” said Kevin Blanchard of Southern Lifestyle Development. And that’s saying a lot for the upscale Madison County development on the Ross Barnett Reservoir. It had been mired in lawsuits for years, many of which were settled in 2014, leaving Allstate Insurance in possession of acreage that ...

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Judge: Return Chinese drywall lawsuits to original states

Nine years after a judge began supervising a multitude of federal lawsuits that claim homes were damaged by Chinese drywall, he says it’s time to return thousands of remaining cases for trial in the courts where they were filed. The panel that put Judge Eldon Fallon in charge in 2009 said the first 1,700 would return to Florida’s federal courts ...

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Colonial Highlands project clothed in silence

By JACK WEATHERLY The former managing partner in the $250 million plan to build a mixed-use community on the former 152-acre Colonial Country Club property in Jackson is no longer involved in the effort. Bo Lockard recently referred the Mississippi Business Journal to Luke Guarisco, whom he said was an original investor in the project. Numerous calls over several weeks to Guarisco ...

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Smith Park: ‘We just felt like we had to do something’

By JULIA MILLER In the heart of downtown Jackson, Smith Park is getting a much-needed refresh after recent efforts to revitalize the historic area. “For 10 to 15 years, or even longer it’s been tired and has needed a major renovation,” said John Gomez, associate director at Jackson Downtown Partners. “We just felt like we had to do something.” For ...

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Executive Commitee president says overall the state is seeing a rise in real estate sales

By  CALLIE DANIELS BRYANT Mississippi realtors have a cheerleader — Karen Glass, the president of the executive committee of Mississippi Realtors. “Realtors need cheerleaders,” Glass said. “We are often taken for granted and only thought of when someone needs to buy or sell property. I want it known that we are great community champions and many of us serve in ...

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Waterton development to add $400 million ‘new urban’ community to Flowood

By JACK WEATHERLY Flowood will get a “traditional Southern town” dropped into its midst when the $400 million, 240-acre Waterton is built. Southern Lifestyle Development of Lafayette, La., will commence work on the 50-acre first phase (not including a 20-acre lake), in the summer, according to Kevin Blanchard, chief operating officer. Completion of that phase, with about 150 homes of ...

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Crye-Leike Real Estate breaks sales record for 2017

Crye-Leike Real Estate Services, the nation’s fifth largest privately-held residential real estate firm and the largest in the Mid-South, celebrates another record breaking year for 2017. The company sold $6.5 billion in Real Estate, and closed 32,583 transactions corporate wide to make it their highest sales performance in the company’s over 40 year history.  Included in those numbers, Crye-Leike’s Jackson, ...

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East Capitol gets its turn on the revival wheel

By JACK WEATHERLY East Capitol Street had been left out of the downtown revival. The west end of the street has drawn all the attention and capital. That’s changing. “This end of Capitol hasn’t gotten any attention,” said E. J. “Kip” Gibert of Metairie, La., who bought the six-story Heritage Building at 401 E. Capitol in the fall of 2016 along with three ...

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