Mize
Mize, MS · Real Estate
The Clarion Ledger
Seven-building commercial development planned near U.S. 51 in Madison
One of Madison's most active commercial developers is preparing to launch another project along the city's busy U.S. 51 corridor. Bridgforth Rutledge said work is already underway on a new seven-building commercial development behind the former Walgreens property he redeveloped near the corner of U.S. 51 and Madison Parkway. The project comes less than three years after Rutledge transformed the long-vacant Walgreens building into a fully leased retail center that attracted a mix of national and local tenants. "We've already started moving dirt," Rutledge said. "I've already cut in the road. You can drive out there and see it." Rutledge said the development is being driven by tenant demand and growing interest in the area. "Everybody kind of got some interest, so I went ahead and pulled the trigger," he said. Dance studio, veterinary clinic among first tenants The first phase of construction will consist of two buildings. Rutledge said the initial tenants will include a dance studio along with a veterinary clinic and pet boarding facility, filling what he believes are needed service offerings in Madison. "The first two buildings will be a dance studio and a vet clinic and pet boarding house," he said. The road infrastructure for
theclintoncourier.net
Fewer lots, more greenspace planned in local development
One of North Clinton’s newest housing developments is reducing the number of lots to avoid having to mitigate the impact on wetlands in the subdivision. The Board of Aldermen on July 7 approved a revision to the Horseshoe Bend plat to eliminate 36 lots. Donald McDonald with H D...
WLBT
Law firm signs 15-year lease extension in downtown Jackson
JACKSON, Miss. (WLBT) - A longtime Jackson law firm is staying in downtown Jackson. On Tuesday, Kumar Bhavanasi announced that Brunini, Grantham, Grower & Hewes, PLLC signed a 15-year lease extension to remain at the Pinnacle @ Jackson Place. “This long-term commitment is a strong vote of confidence in both...
vicksburgnews.com
Resident updates BOMA on Jackson Street property
VICKSBURG, Miss. (VDN) — A Vicksburg resident appeared before the City of Vicksburg Board of Mayor and Alderman at the regular meeting held Monday, July 20, to discuss a property on Jackson Street. Cynthia Milton wrote to the BOMA on July 10, formally requesting to appear before the Board...
communityjournal.net
COMMENTARY They Finally Noticed the Neighborhood
JACKSON ADVOCATE — Neighborhoods across America have seen increasing numbers of homes purchased by investment companies, impacting local families. In response, Georgia Senator Raphael Warnock championed a new federal law to curb large private equity firms from acquiring single-family homes. This legislation, part of the 21st Century ROAD to Housing Act, aims to emphasize that homes are more than just investments.
jacksonadvocateonline.com
They Finally Noticed the Neighborhood
For years, neighborhoods across America have been changing right in front of our eyes. A home goes on the market. Before a local family has a chance to make an offer, it is purchased by an investment company located hundreds or even thousands of miles away. One house becomes five....
WLBT
‘Embarrassment of riches’: How much has AWS increased property values in Madison County?
The Clarion Ledger
Winning bid for historic Jackson Hilton Hotel 4 times greater than Marriott
There is likely a new owner of the historic Hilton Hotel in Jackson . That is the case after a winning bid of $6.3 million was placed Wednesday, June 24 during an auction at Rimarketplace.com that began on June 22. No winner has been officially announced. Bidding began at $1.8 million. The reserve was met when bidding reached $5.3 million. The 150,000-square-foot Hilton on County Line Road in Jackson was in receivership. The 276-room facility, which sits on 6.5 acres along I-55 north, was built in 1984 and updated in 2014. The Hilton is the largest hotel in Central Mississippi by number of rooms and square footage. It also has approximately 19,000 square feet of meeting space and comprehensive food and beverage amenities. The hotel was owned by AWH-BP Jackson Hotel LLC AWH but defaulted on a $49 million loan, according to BJ Patel of RI Marketplace. According to a person with knowledge of the details of the auction, there is still nearly $50 million owed on the property. The property also includes the 400-seat Drago's restaurant, which located there in 2014 and made more than $2.5 million in renovations to a 9,700-square-foot space, which sits adjacent to the Hilton.
bondoro.com
Filing Alert: Fondren Hill Apartments Owner Chapter 11
Chasseur Realty Investors-Jackson, LLC, owner and operator of the Fondren Hill Apartments in Jackson, MS, filed for Chapter 11 protection on Jul. 2 in the U.S. Bankruptcy Court for the District of New Jersey. The company reports $1 million to $10 million in assets and $10 million to $50 million...