King Edward officially opens for business - MSNewsNow.com - Jackson, MS

King Edward officially opens for business

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By Monica Hernandez - bio | email | twitter

JACKSON, MS (WLBT) - After more than 40 years of sitting in disrepair, the King Edward officially opened Thursday morning.

Hundreds of people celebrated during a ribbon cutting ceremony inside the glistening lobby.

Nearly 200 hotel rooms are inside the King Edward building, under the Hilton Garden Inn's flag.

And there are over 60 luxury apartments on the top floors, many of which are already leased.

The building originally opened in 1923. Some of its original elements have been preserved, while others have been replicated.

Developers say they hope the opening stimulates growth throughout the downtown area.

"What I saw here was the opportunity to lead the way to create an entire neighborhood," said Pres Kabacoff, CEO of HRI Properties, the majority owner of the King Edward building.

"I was in construction boots when I came in for the first couple of months," said Miro Lago, general manager of the Hilton Garden Inn at the King Edward building. "Hard hats, goggles. And you really couldn't see what was coming and to watch it progress stage by stage, it was a great process, it really was."

The renovations represent a $90 million dollar investment.

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