This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

College Board Approves The Mill At MSU Development

MISSISSIPPI STATE, Miss., Oct. 18, 2013 /PRNewswire-USNewswire/ -- The Mississippi Board of Trustees of State Institutions of Higher Learning on Thursday ( Oct. 17) approved a series of interrelated agreements that finalize plans for The Mill development, according to Mississippi State University President Mark E. Keenum.

"We have refused to settle for anything that did not meet our highest expectations--logistically, aesthetically or financially," said Keenum. "And we are confident that we have it right and we're grateful that the state College Board shares our vision."

The project will bring a conference center, hotel and parking garage complex centered around MSU's historic E.E. Cooley Building. The Mill development includes three main projects: transforming the landmark former cotton mill into a conference center with adjacent office space, building an adjacent hotel and developing mixed-use business parcels in the land adjacent to the university's old physical plant.

Plans call for MSU to sell some property to the developer to become the site of a Marriott Courtyard Hotel and one or more restaurants, lease the Cooley Building to the developer to be renovated as a conference center, and for MSU to lease back some office space in the building for university use.

MSU's Facilities Management staff is already moving out of the Cooley Building, which has been their base of operations for many years. The division will be housed in various temporary locations until a replacement facility can be built on Buckner Lane, near existing services such as landscaping and transportation - actions which the College Board also approved.

Keenum said: " Mississippi State has needed a conference center capable of accommodating large academic and professional meetings for many years. The university also needs a more dynamic gateway directly across the street from this main entrance to campus, where we adjoin the city of Starkville.

"The project as a whole will be a boon to our ability to attract important academic conferences and visitors, provide much needed office space, and make us more appealing to prospective students and faculty members," said Keenum. "It will also create closer town-gown relations and give an economic boost to the area. And it will preserve and protect one of the oldest and most historic buildings on our campus.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs