Housing scarce in downtown Jackson - MSNewsNow.com - Jackson, MS

Housing scarce in downtown Jackson

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JACKSON, MS (Mississippi News Now) -

If you want to locate a business downtown, there are plenty of vacant buildings. Finding housing is a different story. It could take up to a year on a waiting list to move into a downtown home.     

Jackson businessman Leland Speed says more residential development could be the answer to the capital city's high office building vacancy rate.

Housing units are being built all over downtown Jackson, as the demand heats up. But primarily people are living in the old Standard Life Building, the old King Edward Hotel,  the old Plaza Building across from the Governor's Mansion and the Electric Building at Pearl and West.  

The Executive Director of Downtown Jackson Partners, Ben Allen, says the demand is strong.

"The residences are building, said Allen. "We had one open Friday and by Monday they are leased."

Julie Skipper is the President of the Downtown Neighborhood Association and has lived downtown since 2004.

"I absolutely love it," said Skipper. "Having residences in our core city is vitally important to the health of the city. I absolutely feel safe and secure, downtown."

A one bedroom in the Standard Life Building rents for around $900.00 a month.

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