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Tag Archives: real estate

County Line at Ridgewood to get two restaurants

By JACK WEATHERLY The northwest corner of County Line Road at Ridgewood Road will soon awaken after years of dormancy. The busy intersection has had no reason to stop for a bite at the Ridgeland quadrant of the crossroads. One Ridgeland restaurant location has been vacant for two decades and another next to it that has been empty for several ...

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$345m Mississippi flood control project holds public hearing

More than 20 environmental groups have expressed opposition to an estimated $345 million Mississippi flood control project. News outlets report the Rankin-Hinds Pearl River Flood and Drainage Control District held a public hearing Tuesday in Jackson over the One Lake Project. It’s an attempt to prevent a flood like one that devastated the Jackson area in 1979. Critics argue damming ...

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Man pleads guilty to rigging bids at foreclosure auctions

Prosecutors say a businessman accused of conspiring to rig bids at public foreclosure auctions in Mississippi has become the sixth real estate investor to plead guilty in the investigation. The Sun Herald cites a U.S. Department of Justice statement as saying that Ivan Spinner pleaded guilty Monday in U.S. District Court to one charge of price fixing. Prosecutors say that from April ...

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Fair Housing Act’s 50th anniversary to be observed

By MBJ STAFF To commemorate the 50th anniversary of the Fair Housing Act, three local professional real estate organizations, Central Mississippi REALTORS, the Women’s Council of REALTORS, and the National Association of Real Estate Brokers (NAREB) will offer an educational event on July 25 for real estate professionals in the Jackson metro area. The event is titled “Fair Housing: Myth ...

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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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