The end of 2015 will see completion of the office building component of Jackson’s District at Eastover followed a few months later by completion of a neighboring Residence Inn by Marriot, developers say.
Construction has started on the hotel component of the $150 million District at Eastover mixed-use development at Interstate 55 and Eastover Drive.
Developers say the four-story, 95-suite Residence Inn by Marriott, a business-class extended stay hotel, is expected to be completed by March. The hotel is a joint venture of The District Land Development Co., the master developer of The District at Eastover, and InterMountain Management of Monroe, La.
The 585,000-square-foot mixed use project is going up on 21 acres on which the former Mississippi Blind School once stood. The District is situated between the city’s major medical district, the Fondren Arts District, and the high-end residential Lefleur East District – all of which the developers say are part of a re-emerging Jackson.
A multi-screen cinema, a retail/restaurant component, medical offices and banking center will be announced soon, said Breck Hines, executive vice president/principal of Duckworth Realty, the Jackson commercial real estate firm behind the project.
Some of the space devoted to retail and restaurants will be in the mixed-use buildings, according to Hines. “For instance, a large part of the retail will be on the first floor of the District Lofts building, and another part of the retail will be on the ground floor” of the B1 building that developers hope to announce “in the very near future,” Hines said in an email.
The B1 will have “a large medical office component and a large banking component,” he added.
The Lofts will feature 257 luxury apartment units on four floors with two levels of parking underneath, Duckworth Realty said in a press release. Amenities include three courtyards, a bocci ball court, a saltwater pool, tanning deck, outdoor fireplace and summer kitchen, the company said.
The Loft’s street level will have 27,529 square feet of retail space fronting The District’s main drive and plaza greenspace, the company said.
The main office building – One Eastover Center – is scheduled for completion in December. It will cover 120,000 square feet, 75 percent of which will be occupied by signature tenant Baker Donelson’s Jackson office. An adjacent 400-space garage is also scheduled to be finished by the end of the year.
Further retail, restaurant and entertainment venues will be part of the pedestrian component planned as a main draw for The District. The developers say they have preserved towering pines and heritage oaks and will interweave. a grid of streets around them. They have also included a garden court framed by cafés with outdoor dining.
“Elegant awnings and wide sidewalks confer a comfortable scale at the human-level,” developers say in describing the project on the Website districtateastover.com.
A March completion is expected for the 95-suite Residence Inn. The one- and two-bedroom suite configurations are designed for business travelers or families who prefer added comfort and amenities, developers say.
Each suite will feature a sitting area, business desk with ergonomic chair, and complimentary wi-fi with Internet. Other amenities include a hot breakfast buffet, complimentary evening socials, swimming pool, exercise facility, outdoor patio fireplace, an area for socializing, meeting rooms, business center, and on-site laundry.
Additional restaurant and retail announcements are forthcoming, the developers say.
Jackson’s First Commercial Bank and Trustmark National Bank are providing the construction financing for Eastover’s Residence Inn. Bo Bourne, First Commercial, and Lee Carney, Trustmark, are the banks’ lenders on the project. “We are excited about the District at Eastover and the opportunity to provide financing for the hotel in this premier Jackson development,” Bourne said.
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