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Economic Development

Expedition Point receives final approval to begin development

By LYNN LOFTON A new waterfront community in the metro Jackson area, Expedition Point, will move forward now that final approval has been received from the Pearl River Valley Water Supply District. Managing partners Frank Perkins and Mark Frascogna are working with civil engineers and other public agencies to begin work on the land. “I’m happy to say that the ...

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Plans revealed for $13 million retro-rehab in Fondren

By Jack Weatherly Mississippi restaurateur and author Robert St. John will bring his popular Hattiesburg restaurant, Ed’s Burger Joint, to the Fondren area as part of a $13 million entertainment project he is spearheading. St. John, along with his partners, will reopen the historic Capri Theatre with a state-of-the-art projection system, reclining seats, food service, and a full bar, providing ...

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Aussie agri company opens plant in Greenville, will hire 68

Crop protection company Nufarm celebrated the grand opening of the company’s operations in Greenville. The project is a $20 million investment and will create 68 jobs.  “As a predominantly agricultural state, the Nufarm team could not have chosen a better location for its new operations,” Gov. Phil Bryant said in a release. “I know the skilled workforce found in Greenville ...

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Algal bloom cost Mississippi Coast tourism $4.1 million in June, July

By JACK WEATHERLY Beaches on the Mississippi Gulf Coast were given the green light earlier this month after a summer-long shutdown of coastal waters were declared free of  harmful algal bloom caused by an influx of fresh water from upstream flooding. The good news follows a loss of $4.1 million, or 3 percent to 8 percent, in room revenue for ...

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Landmark Lifestyles project in Tupelo on target for 2021 completion

By DENNIS SEID/ Daily Journal Landmark Lifestyles, the $50 million project on North Gloster Street that will include senior living residences, hotels, restaurants and retail shops, remains on track for opening in early 2021. Major site work resumed in the spring, and the first major piece of the project, Steak n’ Shake, opened in June. The senior living community at ...

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Mississippi announces nearly $12M for waterfront projects

Nearly $12 million from a Mississippi public trust fund will go toward waterfront projects and park improvements along the state’s Gulf Coast. Mississippi Secretary of State Delbert Hosemann presented the $11.74 million from the Public Trust Tidelands fund on Wednesday. The Biloxi Sun-Herald reports the money will finance new boardwalks, boat ramps, park features, restoration initiatives, educational facilities and other ...

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Pearl River receives $2 million grant for Aviation and Aerospace Workforce Academy

The Department of Economic Development Administration (EDA) announced Oct. 4 that Pearl River Community College will be awarded a $2 million grant for use in the construction of a new Aviation and Aerospace Workforce Academy at the Stennis International Airport. The grant will be matched with more than $3.9 million in state and local investments and is expected to help ...

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New plant to add jobs along Tenn-Tom Waterway in Alabama

A planned factory will add badly needed jobs in an underdeveloped part of west Alabama. Gov. Kay Ivey’s office announced Friday that the Maryland-based Enviva Partners plans to invest about $175 million on a wood pellet production plant in Sumter County. It will ship product on the Tennessee-Tombigbee Waterway from the Port of Epes. The statement says the proposed facility ...

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Work underway on Costco station while suit is pending

By JACK WEATHERLY The question: will Costco Wholesale proceed with construction of the 150,000-square-foot store in Ridgeland without building a fueling station? The city of Ridgeland has now gotten court clearance to build the so-called “third phase” of the Renaissance Colony Parkway mall, which would be anchored by Costco. The Mississippi Supreme Court ruled 7-0 in April 2017 in a ...

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MEDC announces 2019-2020 officers and board of directors

Mississippi Economic Development Council (MEDC) announces Officers and Board of Directors for the 2019-2020 year. MEDC is a professional association of economic development, chambers and associated stakeholders who work together to advance the profession and to advance economic development efforts in Mississippi through advocacy, collaboration, education and by providing resources to its members. MEDC is the voice of the economic ...

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