FOR IMMEDIATE RELEASE
October 14, 2021
CONTACT: Caroline Hannum
BIRMINGHAM, AL – Retail Specialists, a premier commercial real estate firm in the Southeast, announces the groundbreaking on a new residential project, The Village at Livingston Place, in Jackson, Mississippi. Located off of Livingston Road and W. Woodrow Wilson Avenue in the heart of Jackson, the first phase of the development is slated to have 195-200 new homes estimated to sell from $220,000 to $250,000. The second phase of the development will consist of commercial and retail space for hotel and grocery users. Prominence Homes has been selected as the home builder for the development.
“The Village at Livingston Place will be part of the catalyst of redevelopment for the Medical Mall corridor in Jackson,” said Steve Leara, executive vice president and general counsel for Retail Specialists. “These homes will provide quality, workforce housing for the expanding medical community in the area.”
The new neighborhood combines a captivating sense of style and serenity offering current architectural styles that make up new urban living. The development will feature traditional-styled homes and a common area greenspace within the neighborhood for resident’s use. The site is a redevelopment of the former Hood Furniture Manufacturing facility.
“This is an exciting development for the City of Jackson. This project does more than builds homes, it builds community. We commend Retail Specialists and its partners for investing in our City and hope this major development will serve as one of many we see in the near future,” said Mayor Chokwe Antar Lumumba.
“Prominence Homes is eager to begin building in Jackson and to be a part of this great community where we can provide quality homes in the new Livingston Place neighborhood,” said Scott Underwood, chief development officer for Prominence Homes.”
The Village at Livingston Place is being developed by Retail Specialists with Prominence Homes constructing the new homes. The two Birmingham, Alabama-based companies have partnered on multiple developments in Alabama; this is the first development in the state of Mississippi. Benchmark Engineering is serving as the project engineer for the development and Construction Services, LLC will perform the site work for the project. Both firms are based in Flowood, Mississippi. Construction financing is being provided by SouthPoint Bank out of Birmingham.
About Retail Specialists
Retail Specialists, LLC (RSI) is a commercial real estate company with offices in Birmingham, AL, and Atlanta, GA. RSI focuses on brokerage, retail project leasing, tenant representation, property management and development. Retail Specialists is agile, proactive, and responsive with the objective of providing unparalleled service and results to our clients. A unique mix of experience, technology, and tenacity allows success in a business we love.