University Park at Jackson State University

New Markets Tax Credit Coalition

Jackson,
MS
(2008)

University Park at Jackson State University

Adult Education, College or Vocational Training, Community, Housing, Mixed-use, Retail

The acquisition and construction of a mixed-use facility directly across the street from a newly-built Jackson State University Student Union.

Investment

NMTC Amount: $14,322,868
Total Project Cost: $24,471,928

IMPACT

155 FTE jobs
150 construction jobs
Phase I of a larger revitalization initiative to develop workforce and student housing in the city.
22,000 sq. ft. of real estate

CDEs

Hampton Roads Ventures, Local Initiatives Support Corporation

Investor

Trustmark

Project Description

Located in the West Jackson section of Jackson, MS, the University Park project involved the acquisition and construction of a mixed-use facility directly across the street from a newly-built Jackson State University (JSU) Student Union. The project has created 22,000 sq. ft. for retail/offices and 78 housing units for JSU students and faculty. Units are fully furnished, with access to high- speed Internet, exercise rooms, and activities. The project represents Phase I of a larger revitalization initiative to develop workforce and student housing in the city. The project leverages the JSU student body to attract retail and commercial businesses and amenities for local residents and the community-at-large.

MAP

Address: 1400 J R Lynch Street, Jackson, MS 39217

Census Tract: 28049002500

PDF Profile

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