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MBJ FEATURE

Festivals bringing fun and profit to Main Street

Ingenuity, mixed with careful planning and branding can generate big buzz … and lots of dollars, organizers say Nothing brings a town’s cash registers alive like a festival celebrating some unique aspect or iconic element of the community. Slugburgers in Corinth, Loblollies in Laurel, the pottery of Peter Anderson in Gulfport and the whole lotta shakin’ of Elvis in Tupelo are ...

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Can the CanCan go? Officials believe so

By the end of the first quarter of 2011, the City of D’Iberville’s waterfront area could begin a total transformation. That’s when CanCan development hopes to break ground on the CanCan Casino Resort and Spa and French Village, a $450-million mixed-use gaming development that will be the first casino in D’Iberville. The CanCan will feature a 60,000-square-foot casino with a ...

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Casino worker claims getting second look

Moak hopeful Feinberg appointee has better grasp of industry Casino workers who have had their oil spill claims denied by BP’s Gulf Coast Claims Facility may see their fortunes turn over the next couple of weeks. In November, the Mississippi Business Journal spoke to a casino worker on the Coast who also worked part-time for a company that managed franchise ...

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Sesquicentennial: Gearing up for Civil War party

Impact from cultural tourism hard to gauge The state is gearing up on multiple fronts for tourists coming for the 150th anniversary of the Civil War, to be commemorated through 2015. Officials are confident that Mississippi will see a large number of visitors flock in for the numerous planned events. However, how many will come and what the economic impact ...

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FERC: Entergy overcharged customers

Mississippi could receive millions in refunds A federal regulatory judge has ruled that Entergy Corp. overcharged customers in Mississippi and three other states by selling low-cost power to third parties for profit. The decision states that shareholders should make refunds but did not specify the extent of damages. If the decision is upheld by the Federal Energy Regulatory Commission (FERC), ...

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CottonMill might have cleared final hurdle

At a meeting Dec. 9 with the Starkville Board of Mayor and Aldermen, developers of the CottonMill Marketplace said they hope to complete financing of the $100-million project by the end of the month. That was welcome news to Alderman Ben Carver, who represents Starkville’s Ward 1. “It seems like it’s been forever,” he said. CottonMill’s concept predates his time ...

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Survey shows struggle to survive between paychecks

More than 1 in 3 Mississippians took out payday loans or other type high-cost, short-term loans in last five years Mississippi’s legislators faced with having to decide whether to renew a payday lending law in 2012 have a new factor to consider:  More Mississippians than ever are living paycheck-to-paycheck. Unless conventional banks make short-term, low-dollar loans more widely available, Mississippi residents ...

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AG: State not yet clear of fiasco on foreclosure

Numbers elsewhere increase odds state may have messes to clean up from flawed foreclosures Mississippi banking commissioner John Allison says it appears the state’s real estate and banking sectors will be spared troubled caused elsewhere in the nation by the foreclosure fiasco that started early in the fall. But Attorney General Jim Hood says he doubts Mississippi can escape the ...

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RIVALRY RENEWED

Pay-to-play accusations against Hood flying again Democrats and Republicans disagree over AG’s role The rivalry between business interests and trial lawyers reared its head again recently as the American Tort Reform Association (ATRA) released a report this month regarding accusations of “pay-to-play” activities of several states’ attorneys general, including Mississippi’s Jim Hood. The report said Hood’s tenure as attorney general ...

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Watkins sees mixed-use, ‘up-scale-discount’ as best bet for Metrocenter

Jason Goree, vice president of Jackson’s Watkins Development, says hundreds of thousands of dollars of research has led the developer to conclude Metrocenter can have a prosperous new life. But not totally as a retail complex, he adds. Offices, residences, lodging, entertainment venues, neighborhood gathering spots should also be considered for the mix, Goree said. “What we were told (by ...

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