GULFPORT — The City Council has voted to support a plan to develop Centennial Plaza. The Sun Herald reports council members had questions about the length of the lease and the development plan for 60 of the 92 acres at the former Veterans Affairs property. But after meeting with members of the Gulfport Redevelopment Commission, [...] [...]
TUPELO — The city of Tupelo plans to buy three downtown properties in a $376,000 investment it hopes will result in a park or residential development. The Northeast Mississippi Daily Journal reports the properties have been magnets for crime and other problems. One originally was the Tupelo Military Institute but city officials say it more [...] [...]
by Associated Press Published: January 3,2012
Tags: commercial property, community development, development, downtown, economic development, historic, municipal government, property, real estate, redevelopment, taxes
HATTIESBURG — The Hattiesburg City Council has given prospective developers another incentive to invest in dilapidated downtown properties. During its final meeting of the year, the council changed guidelines for tax exemptions in Hattiesburg’s Historic Preservation and Central Business districts, The Hattiesburg American reported. Developers can now get a tax exemption for the entire increase [...] [...]
BROOKHAVEN — By the end of the year, the city of Brookhaven hopes to have taken full ownership of all buildings located on the former Stahl-Urban Manufacturing plant property. The city currently owns the main plant building and one of two warehouses located on either side of the main building. The owner of the other [...] [...]
by Associated Press Published: November 21,2011
Tags: bonds, commercial development, Commercial Real Estate, community development, construction, downtown, economic development, entertainment, hospitality, municipal government, real estate, redevelopment, tourism, tous=ists, visitors
JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave [...] [...]
JACKSON COUNTY — Jackson County Supervisors have adopted a tax increment financing (TIF) redevelopment plan, which allows it to begin offering incentives on major developments. The Mississippi Press reports tax increment financing is a reimbursement-based funding mechanism that uses future gains in taxes to finance infrastructure improvements on a property. The county had to adopt [...] [...]
The City of Jackson can create a successful revitalization program in its central business district just like the one now shared by neighboring Baton Rouge, La., and East Baton Rouge parish. More than 60 Jackson area business and civic leaders heard that message often last week, spending parts of two days in the Louisiana capital, [...] [...]
Loading ...