bluphiiijsu
Creative Director
February 26, 2002
Private housing for JSU planned
Special to The Clarion-Ledger
Groundbreaking ceremonies will be Wednesday for Palisades@e-City, Jackson State University's only privatized housing community for students, faculty and staff.
Ceremonies begin at 12:30 p.m. Wednesday at 1400 Valley St. in west Jackson. The proposed 10-building complex with a total of 144 furnished apartments and nearly 300 parking spaces is expected to be completed in August.
"This project allows us to offer quality housing for our students while obtaining net revenue. Not only are we eradicating a major eyesore in this area, we are also helping to stimulate economic growth at no cost to the university," JSU President Ronald Mason Jr. said in a news release.
"The benefits for Jackson State are tremendous."
Jackson State entered into an agreement with West Jackson Student Housing LLC, an affiliate company of the West Jackson Community Development Corp., to refer students to the Palisades@e-City.
Bonds totaling $16 million are being issued by the Mississippi Business Finance Corp. Once the bonds have matured, the LLC will convert the project to JSU, an additional economic development enhancement to the core campus.
"The community will have ownership and participate in the oversight management of the program," Melvin Miller, executive director of the West Jackson Community Development Corp., said in a news release.
"This new apartment community was only possible through the collaborative efforts of a most diverse group of people working together," said Charles Frazier, president of the Educational Building Co.
"It is our hope and mission for this partnership to further advance the long- and short-term objectives of Jackson State University and the surrounding community," he said.
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Private housing for JSU planned
Special to The Clarion-Ledger
Groundbreaking ceremonies will be Wednesday for Palisades@e-City, Jackson State University's only privatized housing community for students, faculty and staff.
Ceremonies begin at 12:30 p.m. Wednesday at 1400 Valley St. in west Jackson. The proposed 10-building complex with a total of 144 furnished apartments and nearly 300 parking spaces is expected to be completed in August.
"This project allows us to offer quality housing for our students while obtaining net revenue. Not only are we eradicating a major eyesore in this area, we are also helping to stimulate economic growth at no cost to the university," JSU President Ronald Mason Jr. said in a news release.
"The benefits for Jackson State are tremendous."
Jackson State entered into an agreement with West Jackson Student Housing LLC, an affiliate company of the West Jackson Community Development Corp., to refer students to the Palisades@e-City.
Bonds totaling $16 million are being issued by the Mississippi Business Finance Corp. Once the bonds have matured, the LLC will convert the project to JSU, an additional economic development enhancement to the core campus.
"The community will have ownership and participate in the oversight management of the program," Melvin Miller, executive director of the West Jackson Community Development Corp., said in a news release.
"This new apartment community was only possible through the collaborative efforts of a most diverse group of people working together," said Charles Frazier, president of the Educational Building Co.
"It is our hope and mission for this partnership to further advance the long- and short-term objectives of Jackson State University and the surrounding community," he said.
Send this article as a postcard
