Press Room

New Hotel to Join Mixed-Use Development in the District at Eastover

PRLog - June 11, 2015 - JACKSON, Miss. -- Construction has commenced on a new Residence Inn by Marriott, a business-class extended stay hotel, with an expected completion date of March 2016. The hotel is a joint venture between The District Land Development Company, the master developer of The District at Eastover, and InterMountain Management of Monroe, Louisiana.

The four-story Residence Inn by Marriott is part of The District at Eastover,
... [more]

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District at Eastover takes shape with financing in place, tenant signings under way

Developers of the $115 million District at Eastover mixed-use development say financing has been secured and a groundbreaking is imminent for the project that was to start construction last summer.

Ted Duckworth, a principal of The District Land Development Co., is promising to bring a combination of shops, restaurants, hotel, theater, offices and loft residences unmatched in Mississippi. “There is nothing like what we’re doing” that is already “here in Mississippi,” he said.

For comparison, he said,... [more]

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District at Eastover gets first tenant Baker Donelson law firm relocating

The Baker Donelson law firm in Jackson is leaving Meadowbrook Office Park, but it’s not going far.

The firm has signed a lease to move across Meadowbrook Drive to the District at Eastover, a 21-acre, mixed-use development on the former site of the Mississippi School for the Blind. Baker Donelson will anchor the District’s 120,000-square-foot office building that’s part of the development’s first phase. The building’s third and fourth floors will belong to Baker Donelson, taking... [more]

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Law firm commits to new Eastover office building

JACKSON — The law firm Baker Donelson has signed a lease to relocate to a new, state-of-the-art office building at The District at Eastover, a 21-acre mixed-use development that will feature approximately 585,000 square feet of retail, residential and office space. When it makes the move in the fall of 2015, the firm will be the lead tenant in Holder Properties’ new office building, anchoring the northern end of the mixed-use development. The office development... [more]

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District at Eastover construction to start later this year

A mixed-use development on the site of Jackson’s Old Blind School has confirmed tenants a few months before construction begins. The District at Eastover will sit on Interstate 55 and be bordered by the Eastover and Fondren neighborhoods. So far, a Residence Inn by Marriott, Community Trust Bank, Cantina Laredo restaurant, a movie theater, a main office building and 190 residential lofts will form the project’s perimeter. Ted Duckworth and Breck Hines, principals of The... [more]

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Clinton’s South Pointe wins Department of Revenue headquarters bid

Aggressive last-minute price cutting did the trick for Clinton’s South Pointe Business Park in the competition to become the new home of the Mississippi Department of Revenue, the state says. The selection came down to price, with representatives of the former WorldCom headquarters presenting a lease offer too attractive to pass up, said Kevin Upchurch, executive director of the state Department of Finance & Administration, the entity that serves as the state’s property manager. South... [more]

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CoStar Group Announces Winners of 2012 CoStar Power Broker Awards

Annual Awards Recognize Top Commercial Real Estate Dealmakers

WASHINGTON, D.C., March 4, 2013 — CoStar Group, Inc. (Nasdaq: CSGP), commercial real estate's leading internet provider of information, analytics and marketing services, is pleased to announce the winners of the 2012 CoStar Power Broker Awards™, recognizing the best of the best in commercial real estate brokerage.

With the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and... [more]

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South Jackson gets Food Depot

JACKSON, MS (Mississippi News Now) - Residents in one South Jackson neighborhood eagerly anticipate the grand-opening of a new and convenient place to shop. Food Depot will soon open its second Jackson location in a spot that has a history of businesses opening up and then closing. Construction workers are scrambling to put in tile and mirrors to get the new Food Depot ready for business. The busy South Jackson intersection of McDowell and Terry... [more]

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New Food Depot Opens in Jackson

Food Depot opened on Terry Road in the old Brookshire's building. Brookshire's closed three years ago. Food Depot is a locally owned company. The 55,000-square-foot Jackson store is the state's 13th Food Depot. "Of course we offer everyday low prices. We don't do any gimmicks or giveaways -- we pass all the savings on to the customer," said Food Depot owner Roy Sims. "We have a full meat and produce department. We cut fresh meat... [more]

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Vowell to Bring Cash Saver to Meridian

A new grocery store is coming to Meridian, at the former Save Rite location on North Frontage Road, which closed about a year ago. Triple V, Inc, which operates Vowell's grocery stores, announced it's bringing a Cash Saver store here. Cash Saver is a Cost Plus Food Outlet, offering discount grocery items. It's the first such store the Vowells have opened. Officials say they believe there is a market for this kind of store in... [more]

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Regions Plaza fills 50,000 SF in leases with state

A signing of a lease by the State of Mississippi for more than 50,000 square feet in the half-empty Regions Plaza building Friday gave downtown Jackson’s office market just the break it had been wanting. The new tenants are the Mississippi State Personnel Board and the Mississippi Department of Finance and Administration’s Management and Reporting System. They will be moving into empty space on the second, third, fifth, eighth, 13th and 14th floors, according to... [more]

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Duckworth affiliate buys Highland office property

RIDGELAND — Concourse 200 & 400 Holdings, LLC, of Jackson, an affiliate of Duckworth Realty Inc., has acquired two multi-tenant Class A office properties located at 1062 and 1068 Highland Colony Parkway in Ridgeland. Terms were not disclosed.

Totaling 94,882 square feet on approximately seven acres in the heart of the Colony Park mixed-use development, the two properties are home to a variety of companies, including BankPlus, GranthamPoole CPA’s, Marchetti Robertson & Brickell Insurance & Bonding... [more]

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Ted Duckworth - Jackson Free Press

Native Jacksonian Ted Duckworth, 39, is dedicated to changing the face of downtown Jackson. A married father of four, Duckworth graduated from Mississippi State in 1988 with a bachelor’s in real estate and mortgage finance. The following year, he started his own company, Duckworth Realty, with exclusive listings in LeFleur’s Gallery Shopping Center and The Market at Grant’s Ferry Shopping Center.

The company and the man moved upward from there, starting with a retail focus and... [more]

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Ted Duckworth Makes Plans to Renovate Old Library, Skating Rink

THE NORTHSIDE SUN, JACKSON, MS
By: ELIZABETH ORTEGA - Sun Staff Writer

JACKSON DEVELOPER Ted Duckworth is involved in a number of projects, including the renovations on the old library building downtown and a building on Lakeland Drive.

Duckworth recently completed the conversion of the electric building downtown into a mixed-use building containing apartments, office and restaurant space.

The top two floors of the building house the 15 apartment units, ranging in price from $1,000 to $1,500... [more]

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Action in Jackson - Private Clubs and The Resort Lifestyle

Ted Duckworth loves being involved in one of the country's hottest real-estate trends - the revitalization of a downtown area. Not only does it make for good business its also good for his hometown of Jackson, Mississippi. And it doesn't hurt that it brings a bit of fame his way. As President and CEO of Duckworth Realty, a full-service brokerage and commercial leasing and management firm, Duckworth has been involved in the "rebirth" of a... [more]

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Greater Jackson Welcome Home Coffee Table Book

Ted Duckworth has known where he is going for years. As the son of the project manager for Mississippis largest bank, he spent much of his childhood learning the ins and outs of property management and the importance of strong relationships between building owners and tenants. So it was no surprise, when Duckworth launched Duckworth Realty in 1989. Fresh out of Mississippi State with a business administration degree, he had high hopes of making a... [more]

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Commercial Property News Magazine Southern Comfort

Ive lived in Jackson, Miss., the states capital, for nearly my entire life and have sensed that great things would soon come to this area. As in numerous cities across America, many residents and businesses have left the citys core and fled to the suburbs, where land is cheaper and more readily available. The mass migration out of Jackson can explain the citys $4.1 million loss in assessed valuation. But it seems that as soon... [more]

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Entergy, JBHM, Duckworth Realty team up to make Old Lady shine

JACKSON — Entergy Mississippi was poised to abandon the Electric Building in downtown after 73 years when the powers-that-be decided to go another route. In January, the corporation sent requests for proposals to 19 developers to purchase and renovate the historic landmark. Only two firms bid for the project — Duckworth Realty and Mississippi Management — by the deadline. “We selected the Duckworth team because they would redevelop the building and allow us to lease... [more]

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Residential-commercial Plan Gives Historic Entity New Life

Without help, developer Ted J. Duckworth would have never dreamed of renovating the Electric Building in downtown Jackson.

A tax break from the city of Jackson and Hinds County, and a federal program that gives tax credits for investments in buildings eligible for the National Register of Historic Places spurred the $14.8 million renovation planned for the downtown building.

"Projects of this type are a result of thinking outside the box," said Duckworth, president and managing broker... [more]

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Top 40 Under 40 Leaders in Business

Ted J Duckworth, 36 is President of Duckworth Realty, Inc. in Jackson.

Ted Duckworth had not been on his own for long when the Deposit Guaranty corporate offices in downtown Jackson and Shreveport, LA became available. The commercial real estate group turned in his greatest career challenge, particularly after bank management changed hands twice before the transaction was complete.

"During the process of these acquisitions, it became clear that the seller and lender were going to have... [more]

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