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Jackson Mississippi . City With Soul. King Edward, Standard Life, Farish Street and Whitney Place . David Watkins. Investing in the Future. President, Watkins Development, LLC Principal, Watkins & Young PLLC. Ich bin ein Jacksonian !. King Edward Hotel Redevelopment And

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City With Soul

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King Edward, Standard Life, Farish Street and Whitney Place

David Watkins

Investing in the Future

President, Watkins Development, LLC

Principal, Watkins & Young PLLC

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Ich bin einJacksonian!

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King Edward Hotel Redevelopment


Standard Life Building Renovation

King Edward Hotel Revitalization Company LLC

July 17, 2008

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  • Development Partners:

    • HRI Properties (New Orleans)

    • David Watkins (Jackson)

    • Deuce McAllister (Jackson)

    • Leroy Walker (Jackson) (Standard Life only)

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  • Total Development: $124 million

    • King Edward: $89 million

    • Standard Life: $35 million

  • King Edward Project contractor is Clayco, Inc., a nationally-known, design-build construction firm using local subcontractors for all work on project

  • White Construction is contractor for Standard Life project

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  • Mixed-use Residential, Hotel and Retail with associated parking

  • Residential

    • Top 4 floors of the King Edward Hotel building

      • Approximately 56 Units – 1 BR and 2 BR

    • Floors 3-18 of Standard Life Building

      • Approximately 64 units – 1 BR and 2 BR

      • Potential of 12 additional units as alternate use of Annex buildings

  • Hotel – King Edward

    • Hilton Gardens Inn flag with 186 rooms on floors 3 through 8

    • Conference facilities located on the second floor

    • Hilton – “Evolution” (luxury) FF&E package for urban hotels (plasma TVs, etc)

    • Signature Bar and Restaurant

    • 2 swimming pools (one in basement; one on rooftop)

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  • Retail

    • Approximately 3,000 square feet in KE and 3,400 in Standard Life

    • Coffee shop and gift shop currently proposed in King Edward

    • Signature restaurant and bar in lobby of KE

  • Parking

    • renovation of existing garage; use of Standard Life parking lot with possible expansion for low level parking garage

  • Greenspace

    • Interior courtyard with connected terraced/landscaped valet entrance from Capitol Street, additional exits at Roach and Pearl Streets

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  • First Floor

  • Lobby

  • Registration

  • Restaurant

  • Bar

  • Coffee shop

  • Gift shop

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  • Second Floor

  • Meeting rooms

  • Grand Ballroom

  • mezzanine/balcony . reopened

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  • RooftopPatio

  • Pool

  • Fitness Center

  • Entertainment . Area

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In Partnership with Watkins Development, LLC,

McAllister Enterprises, LLC &

LTM Enterprises, Inc.

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Farmers Market Cafe Coffee Shop

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Farish Street Coffee ShopEntertainment District

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Farish Coffee ShopStreet

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Farish Street Plan Coffee Shop

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Farish Street Coffee Shop

  • Entertainment, historic, tourist, cultural venue

  • Vision and Scope of project expanded

  • Emphasis on Culture, Music, Food and TELLING THE STORY OF JACKSON MISSISSIPPI!

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  • Total Development Costs: $52.5 million

  • New Jobs Created: 680

  • Ten Year Revenue Impact: $200 million+

  • Projected Timetable:

    • Commence Construction: 90 days

    • Complete Construction of first block: 12-16 months

    • Complete Construction of second block: 2010

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Town Creek Restoration Coffee Shop

The Riverwalk

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Riverwalk Coffee Shop

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Town Creek Restoration Coffee Shop

  • Relocation and restoration of Town Creek, currently running under the city

  • “Greenspace,” Parkways, bike/walking trails

  • Development of creek site (Riverwalk style) condominiums, town houses and apartments

  • Underground parking garage facility nearby

  • Other recreational development opportunities

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Jackson Mississippi Downtown Redevelopment Coffee Shop

A City with Soul

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Fondren’s New Face Coffee Shop

Whitney Place

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Whitney Place Coffee Shop

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Investing in the Future! Coffee Shop

Web, 5

Douglas, 3

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Logos Coffee Shop

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Jackson Coffee ShopMississippi

City With Soul