Baker-Donelson just issued this press release:
Jackson, MS / February 6, 2014) Baker Donelson announced today that it 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 is planned as a five-story, 120,000 square foot multi-tenant, Class "A" building with an adjacent 350 space parking deck and additional surface parking for 50 spaces. Holder Properties, a full-service commercial and residential real estate developer based in Atlanta, will manage the development of the office project at Eastover. "Having a tenant the caliber of Baker Donelson adds value not only to this new office development, but to the entire mixed-use development," stated John Holder, CEO of Holder Properties.
Baker Donelson will occupy the third, fourth and fifth floors of the building occupying approximately 57% of the office space. The first and second floors will be available for lease to the market. Baker Donelson is one of the largest law firms in the Southeast, counting more than 690 attorneys and advisors in 19 offices across a seven-state footprint and Washington, D.C. The Jackson office, counting more than 80 attorneys and 150 total employees, opened in 1995, and was Baker Donelson's first southeast office outside of Tennessee.
Baker Donelson's move to the city's newest office property reflects the Firm's continued growth in both attorneys and business in recent years as well as its long-term commitment to the Mississippi market.
"Baker Donelson's office in Mississippi is located in Jackson, and it was very important to us to stay within the city," said William S. Painter, managing shareholder of the Firm's Jackson office. "Relocating to the District at Eastover allows us to be part of an exciting new mixed use development in the heart of Jackson that will offer to our employees restaurants, banking, retail shopping and other amenities in a walkable environment. And because we participated in the design of the building from the beginning, we were able to focus on maximizing its efficiency. As a result, this move will allow us to accommodate our continued growth using a much more efficient office design and making better use of our space."
Greg Katz and Michael Hopper with Studley represented Baker Donelson in this transaction.
Designed by Nelsen Partners, the office building will be clad in precast concrete panels, glass and metal with a lobby consisting of high-end finishes. A fifth floor balcony located on the southeast corner of the building will offer panoramic views of the Jackson skyline. Office floor plates measuring approximately 24,000 square feet are highly efficient and have areas of floor-to-ceiling glass allowing unobstructed views of downtown, residential areas and The District at Eastover. The building is designed with energy efficient systems and environmentally sensitive materials. Site work for the project is now underway with construction scheduled to start in April. The building will be completed by the summer of 2015.
The project will be the first new institutional-quality Class "A" office building built in metro-Jackson in the last five years.
"I applaud Baker Donelson's decision to plant even deeper roots in the City of Jackson," said Jackson Mayor Chokwe Lumumba. "It is already a major employer and economic engine. Its multimillion dollar investment in the District of Eastover represents yet another hallmark of progress and opportunity for the citizens of Jackson."
"Baker Donelson has made a commitment to the Eastover office development and the City of Jackson. We are proud to stand with them in creating The District at Eastover in Mississippi's Capital City," said Ted Duckworth, a partner in The District Land Development Company, LLC.
The District at Eastover, being developed by an affiliate of Duckworth Realty, Inc., offers close-in access to Jackson's Central Business District as well as the historic Eastover, Belhaven, Fondren and Woodland Hills neighborhoods. The site is conveniently located in the geographic core of Jackson, and at the confluence of the major arterial roads serving the metro area. Additional announcements regarding The District's hotel, residential lofts and condos, retail and restaurants will be forthcoming.
Thursday, February 6, 2014
Baker Donelson moving to The District
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34 comments:
Well, thank god they're not moving to Highland Colony, anyway.
And who said getting a Whole Foods wouldn't matter
awesome!
What, they're moving a few hundred yards south? BFD
That area is so attractive I will bet that Clint Herring has leased their "old" space in weeks. This is a BFD. Sorry.
Traffic on Roxbury and Eastover is going to be awful.
I don't know where this is other than 'in Jackson'. What's 'the district'? Where's 'eastover'? Any other familiar coordinates?
Yeah 12:40, I live there. My increased property value more than makes up for "awful" traffic.
1:26 I think it's across the interstate from Saint Andrew's Lower School, near Northside Drive.
They're moving 200 yards south of their current location--i.e., slightly farther away from the Whole Foods. But hey, this is Jackson we're talking about. Breaking even is so rare, it's cause for a PARTY!!!
EYHO Bubba at 2:14. EYFHO.
It is the site of the old blind/deaf school.
Obama would count all these moved employees as 'new jobs created'. Will Ben and Leland consider this 'new development' and 'Job creation in the Metro'?
Good Lord haters. Is this the best you got? 13 measlley comments on something good in Jackson? THIRTEEN? That is it? Buck up!
Yea!!!! Suck it Rankin County. We got Whole Foods, the District and Baker Donelson. Whooooooooo!!!
Maybe we can get a Sizzler in the District? Or a Golden Corral? That would be awesome.
13 comments on the District @ Eastover is more than 0 comments on the red ink sink hole that is downtown.
"Yeah 12:40, I live there. My increased property taxes more than makes up for "awful" traffic."
I corrected the error in your post.
Ben @ 7:19? Mornin', Ben.
Law firms don't usually invest in new space unless they are outgrowing their current space. That means more lawyers and the more staff so more jobs.
Baker Donelson didn't have to chose to stay in Jackson. They did so because they thought that a good business decision.
Whole Foods is off to a great start and on day 4 , you can find a parking space.
Some of you clearly think you know more than these successful entities.
There have been neighborhood districts in Jackson for years and the neighborhood associations in those districts have a good communication system with each other and with the city .
Optimistic people are more successful in life. " Can't never did do nothing".
The district will do very well. There's no doubt businesses will relocate there. It's easily accessible. And there are enough big wigs living a stones throw away that they'll move their business there just so they can work down the street from their house. I just hope we have enough people carrying guns, on their person, that know how to use them to keep the thugs down the street at bay.
Baker Donelson didn't have to chose to stay in Jackson.
Thanks for stating the obvious.
You are right 8:04. Everybody you see at Highland Village packs heat now. Right.
Woman at Char /// Couple Fridays back /// Opens purse for something /// Glock Subcompact fell out
Re: woman at Char
Some people don't NEED to carry guns. A gun falling out of a purse could have accidentally shot someone.
Sure, all the moving vans headed North, East and West were carrying businesses that outgrew their floor plan and people who outgrew their houses.
My take away at 9:12 is "It is not a good idea to train to use and carry a firearm 'cause it might go off and shoot somebody'.
My take away at 7:07 is that on day 4, all is well in the grocery world and the surrounding neighborhood can breath easy now since thieves, looters, purse snatchers, car jackers and head-knockers wouldn't dare come near the place. They only hang out down the frontage road a quarter mile.
The two panhandlers who've set up camp at Exit 100 are a nice addition to the new plantings there. Thanks LeFleur East for making the exit welcoming for all.
Having an office in the Jackson Kush certainly lends an international flair to the B-D masthead.
Damn, used to be, woman took her compact out of her purse, it was to check her lipstick.
Can some of you Jackson cheerleaders state a good reason for the city allowing panhandling at city intersections? If I'm not mistaken, it's outlawed in surrounding communities. Not bashing, just asking.
And please, no comments that 'He just wants a ride to Memphis' or 'You're so mean...where's your sense of brotherhood?"
If the surrounding areas have laws against panhandling, then they are not heavily enforced. Earlier today, I saw a panhandler at the highway 49 exit off interstate 20 in rankin county. I've also seen panhandlers on the county line exit (which is half in Madison county). Of course downtown has more panhandlers than the surrounding areas. Please tell me a metropolitan area in the United States where that is not true. I personally don't feel that bad about our decision to not treat the homeless like shit.
You might not be bashing, but a lot of people on here are. It's not even a negative story! It's ridiculous and pathetic how eager some people are to inject negativity wherever they can. It certainly doesn't foster any goodwill towards the surrounding areas
" "Yeah 12:40, I live there. My increased property taxes more than makes up for "awful" traffic."
I corrected the error in your post."
February 6, 2014 at 8:48 PM
Depends on how one defines "corrected". Please discover SUBJECT-VERB AGREEMENT.
Wrong 3:30! You will NOT see panhandlers on the Madison County side of County Line Road. Ever.
Egad, seeing someone with a cardboard sign is nearly as much of an eyesore as some of the tacky McMansions in Madison.
You could call it Fauxville!
The panhandlers move on. The monstrosities are there to stay.
I'm very happy for Jackson. I think this is something positive and can really increase the quality of life for Northeast Jackson especially. They need a draw to that area, so this along with Whole Foods fit the bill and make NE Jackson more appealing and convince people to stay there.
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