The Jackson Redevelopment Authority board is considering a proposal to allocate $8 million in urban renewal bonds to the Farish Street Group for the redevelopment of the Farish Street Entertainment District.
During a special JRA board meeting today, Jackson Redevelopment Authority Executive Director Jason Brookins gave board members a letter from the Farish Street Group requesting help with financing the final build outs of the district’s venues and clubs, in order for tenants to move in.
Board members asked for the Farish Street Group to provide more information about the project’s financing structure and will decide whether or not to allocate the bonds at a later date.
See tomorrow’s JFP Daily for more on this story.
Also see: “Farish Must Make a Profit”
