Home » Tag Archives: Jackson Redevelopment Authority (page 4)

Tag Archives: Jackson Redevelopment Authority

Mayor vows hotel revival after redevelopment board rejects deal

A Jackson Redevelopment Authority board so eager to get a developer on board to build Jackson’s $96 million convention hotel met the day before Thanksgiving to issue a request for proposals with a reply period cut down from 30 to 15 days. But when a second developer entered the picture — Journeyman Austin Holdings of Austin, Texas — board members ...

Read More »

Jackson council set for hotel vote Monday amid rush to sell bonds

A decision by Jackson City Council Monday (Dec. 19) to build a 16-floor, $96 million convention center hotel will hand Mayor Harvey Johnson a signature victory but a thumbs down from the council will give him a serious setback. The city put the deal on a fast-track to enable proposed development partner Transcontinental Realty Investments Inc. to meet a Dec. ...

Read More »

Cause of Jackson Convention Complex deficit does beyond HQ hotel

Lack of a convention headquarters hotel has been blamed for the Jackson Convention hotel complex losing $12 million in business last year. But the 330,000-square-foot complex has lost far more meetings and convention business since its late 2009 opening for reasons other than available hotel space, a study by H.C. Johnson Consulting of Chicago found. H.C. Johnson, which specializes in ...

Read More »

Cause of Jackson Convention Complex deficit goes beyond HQ hotel

Lack of a convention headquarters hotel has been blamed for the Jackson Convention hotel complex losing $12 million in business last year. But the 330,000-square-foot complex has lost far more meetings and convention business since its late 2009 opening for reasons other than available hotel space, a study by H.C. Johnson Consulting of Chicago found. H.C. Johnson, which specializes in ...

Read More »

Consultants give convention hotel details after TCI doesn’t show

A public forum Jackson City Councilman Tony Yarber staged Nov. 17 to hear details on a planned convention center hotel deal “right from the horse’s mouth” fell short of that expectation when the city’s proposed partner did a no-show. Instead, the 50 or so people gathered at the Anderson United Methodist Church got some brief details on the financial arrangements ...

Read More »

As a formality, Jackson will seek convention hotel partnership proposals

Though the Jackson Redevelopment Authority doesn’t expect any takers, the authority’s board agreed Wednesday to a 15-day advertising period for a developer other than Transcontinental Realty Investments of Dallas to partner with the city on a convention headquarters hotel. The JRA board sees the action as a formality and a step toward moving a final deal between Transcontinental Realty and ...

Read More »

Farish developer faces obstacles with new buildout strategy

Getting OK on buildout money will not be an easy task Developers of the Farish Street Entertainment District have changed their leasing strategy to include paying for the buildouts of the clubs and shops they have restored along the first block of the former business and nightlife hub of Jackson’s African-American community. Watkins Development, which has a 45-year lease with ...

Read More »

Rest will have to wait

The lingering recession has caused a scaling back of what was once the $200-million Capital City Center development — more commonly known as Jackson’s convention center hotel and mixed-use project. Gone for now is a 825-car parking garage the initial plan contemplated building at the same time as the 16-floor, 304-room convention headquarters hotel. Also on the shelf is a ...

Read More »