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Author Archives: Ted Carter

Hope Credit Union adding Shaw, Drew to Delta network

By TED CARTER Hope Federal Credit Union is extending its reach into the Mississippi Delta with full-service branch openings in Drew and Shaw. The openings are the community development financial institution’s newest effort to reverse the state’s increase in “banking deserts,” a trend that has left 38.7 percent of Mississippi households unbanked or under-banked. The branches will occupy buildings vacated by ...

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Ready, set, wait – Developers eager to begin work on historic preservation projects

By TED CARTER Mississippi’s historic preservation tax credits make it possible for Neil and Mike Juneau to look at the campus of Gulfport’s long-closed Department of Veterans Affairs hospital and see a Holiday Inn Resort surrounded by a community of apartments, shops, restaurants and offices. In Greenville, the tax credits allow Bill Boykin to see a new commercial life for the ...

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Hopeful signs for restoring state’s historic tax credits

By TED CARTER Preservationists across Mississippi and the professionals who lend their expertise to saving the state’s past say they are encouraged by support key legislators have signaled for renewing historic preservation tax credits in the 2016 session. That optimism is rooted in caution, however. The  Mississippi Heritage Trust in October put the tax credits tenth on the list of the ...

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Jackson downtown promoters cheer Forman Watkins’ move to Regions Plaza

By TED CARTER Regions Plaza’s future, as well as its bottom line, became considerably brighter with a recent announcement that law firm Forman Watkins & Krutz will occupy the upper four floors of the 22-story tower in downtown Jackson. The 29-year-old firm’s move from downtown’s City Centre into the 55,000-square-foot space should be completed by late May or early June, partner ...

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Jackson CBD promoters cheer Forman Watkins’ move to Regions Plaza

By TED CARTER Regions Plaza’s future, as well as its bottom line, became considerably brighter with Tuesday’s announcement that law firm Forman Watkins & Krutz will occupy the upper four floors of the 22-story tower in downtown Jackson. The 29-year-old firm’s move from downtown’s City Centre into the 55,000 square foot space should be completed by late May or early June, ...

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Shift to fiscal hardliners makes road rough for new transportation money

By TED CARTER Mississippi’s business leaders may have waited too long – or perhaps not long enough – in targeting winter 2016 for a legislative showdown on how Mississippi pays for upkeep of its roads, bridges and other infrastructure. Today, any comprehensive transportation package that includes new funding is up against a 2016 legislative class with a sizable number of members ...

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Ga. Chamber big player in Peach State’s 2015 transportation funding overhaul

  By TED CARTER Georgia once paid its residents to drive hybrid vehicles. Today, it is charging owners of the electric automobiles $200 a year to drive on Georgia roads. The registration fee on hybrids, which climbs to $300 for commercial vehicles, brought strong protests but survived as part of an extensive 2015 transportation funding revamp that is projected to generate ...

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Do hybrid owners pay their share, or do they have a target on their back?

  By TED CARTER Georgia did it. So did Virginia, before the Commonwealth decided it wasn’t such a great idea, after all. The two states enacted special registration fees on hybrid cars, figuring that motorists who drive electrically powered cars put wear and tear on roadways but avoid paying the motor fuel taxes that pay for road maintenance. With the stroke ...

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Granville Tate to replace retiring T. Harris Collier as Trustmark general counsel

Harris Collier III will retire as Trustmark Bank’s secretary of the corporation, senior vice president and general counsel at the end of the year after 42 years with the Jackson bank. Collier’s replacement is Granville Tate Jr., former chairman of the law firm Brunini, Grantham, Grower & Hewes, PLLC. Tate will become the $11.5 billion Trustmark’s secretary of the corporation, ...

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JRA will hear proposal for Denver developer’s Farish St. restart

By TED CARTER The Jackson Redevelopment Authority has agreed to hear Denver developer Leroy Smith’s proposal to restart Jackson’s stalled Farish Street redevelopment as part of a $100 million investment he wants to make in downtown and West Jackson. To adhere to a Chancery Court order that the proposal be heard, former Farish Street developer David Watkins will make the ...

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