Jackson politics, property, and power.
Section
Development deals, office and retail, and who's building what.
A week after the council voted to explore data center sites, records show the city's hired consultant cautioned that the industry's defining input, water, is the one most directly tied to Jackson's vulnerabilities.
The six-month moratorium on data centers goes into force today, banning them at most Jackson locations. On Tuesday the council voted 5-2 to urge the administration to find places to build them anyway.
A New York brokerage arranged the sale of the 214,000-square-foot Robinson Road center at a 9 percent cap rate and 83 percent occupancy. The price tells you what investors think of west Jackson retail risk.
The council set an August 25 hearing on tax-increment financing for a Vieux Carre expansion that adds 84 apartments and a medical office building. The TIF only pays out if the project generates new property taxes.
Arlington Development's 234-unit Class A project, its fourth in Jackson, is betting on pent-up demand for high-end rentals in a city where the median rent sits near $1,100.
Prado Vista will put a county-owned conference center, a 250-room luxury hotel, and four restaurants on 77 acres off I-55. The developer is Gabriel Prado, the same man asking to build an off-grid AI campus while Jackson debates banning data centers.
The 3-1 vote authorizes urban renewal bonds for a 1,800-person venue near Sunnybrook Road. A private developer plans a 250-room hotel next door. Critics say taxpayers are on the hook if revenue falls short.
Con Edison cut power to thousands and reduced voltage for 400,000 customers during the heat wave, a preview of what a grid without slack looks like. Jackson votes on its data center rules July 14. The two stories are the same story.
A rezoning brawl over 230 acres in northwest Jackson has the protests and the deadline. But a separate developer's off-grid gas plant — the project state regulators just declined to touch — may set the precedent that lasts.
A quiet office building on Ridgewood Road is becoming luxury lofts. The developer has done this before, and the math is the reason.
An essay: for twenty years Jackson couldn't give away a downtown lot — and when investors finally arrived with a private jet and a yacht, they turned out to be the FBI.
In barely a year, New Jersey tech founder Kumar Bhavanasi has quietly bought five of downtown's most important buildings — and he's planning to spend more than $100 million bringing them back to life.
A New Jersey firm wants to rezone 190 acres for what looks like a data center, just as the City Council weighs a moratorium — part of a boom that's made Mississippi one of the country's hottest markets.