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Economic Development

FOCUS ON ECONOMIC DEVELOPMENT — Snipes optimistic about future of Greenwood

By NASH NUNNERY As an accomplished landscape architect, Brantley Snipes’ is most familiar with the concept that lawns and plants need constant nurturing. The same theory might apply to an historic Mississippi Delta downtown. Now the executive director for Main Street Greenwood, Snipes came up with the innovative Revolving Real Estate program to breathe new life into the city’s once-bustling ...

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$33.6 million aquatic center at Ridgeland proposed

By JACK WEATHERLY Mississippi isn’t necessarily known as a “swimming” state. But a plan has been floated to change that. An 88,700-square-foot facility at an estimated cost of $33.6 million has been proposed for land to be donated by the city of Ridgeland for the Mississippi Aquatic Center. The facility would rely on corporate sponsorships — including the possibility of ...

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Greensboro, N.C. center a success for area but operates at a loss

By JACK WEATHERLY The Greensboro (N.C.) Aquatic Center has had an economic impact of more than $130 million since it was opened in September 2011. The facility also runs an annual operational deficit, according to Susan Braman, its director since its inception. This year, the deficit will be about $350,000 on a $1.5 million budget, she said. That’s much better ...

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Port director confident of meeting jobs requirement

The director of Mississippi’s port authority says the port of Gulfport has created 425 of the 1,300 new jobs required in exchange for $570 million in federal assistance granted after Hurricane Katrina. Jonathan Daniels discussed the progress Tuesday at a Gulfport Chamber of Commerce meeting. The Sun Herald reports that the federal money has been used since 2008 to restore ...

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Kemper makes electricity, but more work, cost review ahead

More than $4 billion over budget and more than two years late, Mississippi Power Co. announced Tuesday that its $7.1 billion Kemper County plant is finally making electricity from gasified lignite coal. “Everybody is very excited at the site and across the company,” spokesman Jeff Shepard said. “It’s the biggest milestone we’ve had so far.” But the unit of Atlanta-based ...

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Bills to abolish agency for arts may be in trouble

By BOBBY HARRISON / Daily Journal The agency that promotes, fosters and grows Mississippi’s artistic heritage would be eliminated under bills pending in the Mississippi Legislature. But late Monday, various sources indicated that bills dealing with the elimination of the agency might die today – the deadline for the bills to be passed out of committee to remain alive. “They are ...

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Study concludes state losing up to $122 million by not taxing remote sales

By BOBBY HARRISON / Daily Journal Mississippi lost between $105.6 million and $122.7 million in tax revenue in 2016 by people making remote purchases, such as through catalogs or on the internet, where they did not have to pay taxes, according to a new study by the University Research Center. Of that lost revenue, between $56.4 million and $67.8 million was ...

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Smaller states rejoice as Amazon finally collects sales tax

Many online shoppers in the United States have for years had to pay state sales taxes whenever they buy goods from Amazon. But the Seattle e-commerce giant has dragged its feet on collecting sales taxes in small and sparsely populated states where it doesn’t have any distribution centers or corporate offices. That’s quickly changing this year. And governors and state ...

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Family producing rice ‘a little different’ from any other

By JACK WEATHERLY Broken rice is less desirable than whole. But when it’s broken intentionally it becomes something else. Grits. That’s what the Arant family of Ruleville calls it. And now a lot of other people are buying into grits as something other than corn. The fourth-generation farm has made a specialty out of it, which is catching on. And gaining praise is ...

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District at Eastover adds restaurants, retail tenants

By JACK WEATHERLY In addition to Cantina Laredo, three more retailers have been added to the list of the first retail and restaurant tenants at the District at Eastover in Jackson. Joining the gourmet Mexican restaurant will be Freshii, a purveyor of organic food specializing in wraps, with meat, if you like. John Newcomb’s second Freshii franchise comes after one ...

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