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Author Archives: Ted Carter

Madison County doing full assessment of economic development before hiring new chief

By TED CARTER Madison County officials say they expect to fill a vacant executive director position at the county Economic Development Authority sometime in the spring. Officials say they must first complete a public-private collaborative “visioning” process for the development authority before filling the post Tim Coursey left in April. In the meantime, Ken Oilschlager will continue guiding the agency on ...

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Developer of Madison mixed-use project mulls hotel, conference center

By TED CARTER Developers of a yet-to-be-announced mixed-use project in Madison County have agreed to consider adding a hotel and conference center to their plans. The Madison County Economic Development Authority and business leaders have been pursuing the hotel and conference center the past couple of years, after having originally raised the idea 13 years ago before concluding costs and projected ...

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Metro Jackson emerging as force in advanced manufacturing automotive category

By TED CARTER Jobs in the metro regions of Jackson and Nashville relating to the automotive industry grew faster than anywhere in the country the past two years, a Brookings Institution analysis of advanced manufacturing found. Metro Jackson’s strong growth in auto-related manufacturing was enough to place it third nationally for growth in overall advanced manufacturing, behind only San Francisco and ...

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Lawyers for or apartment complexes, residents not ready to back off suits

» Lingering questions after HUD’s Ridgeland settlement could keep litigation alive By TED CARTER Ridgeland’s Fair Housing Act settlement with the U.S. Department of Housing and Urban Development does not end private litigation that arose in the past 18 months over the City’s effort to displace thousands of residents from multi-family rental complexes. A lawyer for several Ridgeland rental complexes says ...

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(UPDATED) Ohio shopping center company buys Lakeland Commons

  By TED CARTER A Beachwood, Ohio shopping center company is the new owner of Lakeland Commons, a fully occupied 460,000 square-foot retail center in the heart of Flowood’s thriving retail corridor along Lakeland Drive. The acquisition is the first in Mississippi for Chase Properties Ltd., which has retail centers in the Midwest, and the Southern and Eastern United States. ...

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UPDATED: HUD forces Ridgeland to cease effort to eliminate rental housing complexes

Federal housing agency charged City sought to displace minority residents   By TED CARTER In a move that lets Ridgeland avoid Fair Housing Act violation penalties from the U.S. Department of Housing and Urban Development, city officials have agreed to scrap provisions of a 2014 zoning ordinance that could have forced more than a dozen rental apartment complexes out of business. ...

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Rating firms’ visit will assess state’s bonding strength after setbacks

By TED CARTER Representatives of the nation’s three major credit ratings agencies will be in Jackson later this month to begin grading the credit strength of the state’s approximately $562 million general obligation bond for fiscal 2016-2017. The visit comes after Fitch Ratings Service recently downgraded the state’s current general obligation and revenue bonds and Moody’s put a “negative” outlook on ...

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Hederman Bros. moving to Gluckstadt printing plant

By TED CARTER The more than 125-year-old Hederman Brothers Printing and its 90 workers will soon pack up for a move from Ridgeland to a new home in Gluckstadt. At about 50,000 square feet, the building Hederman Brothers will occupy fronting the east side of Interstate 75 is smaller than the approximately 70,000- square-foot building the company has occupied in Ridgeland ...

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