- Associated Press - Saturday, May 7, 2016

JACKSON, Miss. (AP) - A law firm may be hired to look at the financial soundness of a proposal selected for building a convention center hotel in Jackson.

The Mississippi Business Journal reports (https://bit.ly/1SV659U ) the Jackson Redevelopment Authority is preparing to pay law firm Watkins & Eager $90,000 to look into the project’s financial viability.

Engineering Design Technologies has offered to build a $75.5 million multi-floor hotel on land across from the Jackson Convention Complex.

The hotel project is behind schedule.

The JRA had planned to select a developer by the end of October but did not do so until February, when it selected EDT.

JRA Commissioner Jennifer Johnson questions whether the development team can complete the project and keep a pledge not to request money from any government entity in Mississippi.


Information from: Mississippi Business Journal, https://www.msbusiness.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide