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Tag Archives: Commercial Real Estate

Developer accused of misusing mall bond funds

JACKSON — The Secretary of State’s Office has found Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Yesterday, Secretary of State Delbert Hosemann announced in a news release that Watkins and his company have been order to pay restitution of $587,084, plus legal interest ...

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Cochran supports House's version of flood insurance bill

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is praising the passage of legislation in the House of Representatives that, like a Senate-passed bill he helped write, would protect homeowners, businesses and communities from unreasonable flood insurance premiums without jeopardizing the stability of the National Flood Insurance Program (NFIP). Cochran said the Homeowner Flood Insurance Affordability Act (HR.3370) that the ...

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Law firm commits to new Eastover office building

JACKSON — The law firm Baker Donelson has signed a lease to relocate to a new, state-of-the-art office building at The District at Eastover, a 21-acre mixed-use development that will feature approximately 585,000 square feet of retail, residential and office space. When it makes the move in the fall of 2015, the firm will be the lead tenant in Holder ...

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New Coast baseball stadium attracting developers

BILOXI — A new baseball stadium in Biloxi could draw 350,000 people or more to the downtown each year, and those kinds of numbers are spurring the anticipated attention from developers and property owners. Jerry Creel, Biloxi’s community development director, tells The Sun Herald these are properties that haven’t drawn any calls in a long time. Creel says with Friday’s ...

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City sets new ordinance for adult business

OXFORD — The city of Oxford has a new ordinance regulating adult businesses. The Oxford Eagle reports that the board of aldermen adopted the ordinance this past week. The ordinance that sets up two adult entertainment districts inside the city limits where clubs could operate. The city had an ordinance before 2004 that was less restrictive than the one the ...

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Family looks to spur downtown revitalization

MCCOMB — The revitalization of downtown McComb is a long process requiring time, dedication and funds, but a local father-and-sons team plans to add a few new businesses to the block within the year. Benton, Greg and Neel Gibson bought the West Harlan Building on State Street in May to use for office space and should have the quickest turnaround ...

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UMMC looking to buy downtown Jackson building for $6.25M

JACKSON — The University of Mississippi Medical Center is seeking approval from the College Board to buy the vacant Landmark Center office building in downtown Jackson for $6.25 million. UMMC says it would move some operations downtown to the 300,000 square-foot building to move some offices out of rented quarters and eventually free up more space on campus. » READ ...

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Hosemann seeking penalties from developer for moving project funds

JACKSON — The secretary of state’s office is questioning whether Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Secretary of State Delbert Hosemann is seeking administrative penalties plus restitution of $587,084. Watkins denied any wrongdoing during an administrative hearing that ended this week before ...

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