University Park at Jackson State University

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

Other Mississippi Projects

Hub City Lofts

Hattiesburg,
MS
(2012)

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Retail, Youth and Families, Youth Program

CDE(s): CCG Community Partners, Whitney New Markets Fund

Rehabilitation of four historic buildings into a market-rate apartment community consisting of 55 rental apartment units, 12,906 square feet of ground floor commercial space, and 43 adjacent parking spaces.

Pine Grove Behavioral Health and Addiction Services

Hattiesburg,
MS
(2023)

Healthcare

CDE(s): PB Community Impact Fund, Southern Community Capital

PB Community Impact Fund provided $8,000,000 of federal New Market Tax Credit allocation to Forrest County General Hospital to finance the construction of the Pinegrove Behavioral Health Center (Pine Grove).

Choctaw Community Facilities

Walnut Grove,
MS
(2020)

Community, Daycare and Early Childhood, Rural, Schools, Targeted Populations, Youth and Families

CDE(s): Dakotas America

The Mississippi Band of Choctaw Indians used the NMTC to support its new early childhood education centers and an elementary school expansion.

Tupelo Foam Mattress Facility

Tupelo,
MS
(2021)

Manufacturing, Retail

CDE(s): Dudley Ventures, Three Rivers CDE

Ashley Furniture Industries, a home furnishing manufacturer and retailer, expanded its production capabilities by repurposing an abandoned building into a state-of-the-art facility that pours foam and included a storage warehouse