BY EMILY LE COZ
TUPELO – The two-story steel structure now casting its shadow over East Main Street will soon become Fairpark's newest business and retail center.
Fairpark Crossing, a 21,000-square-foot brick building in the downtown development's northwest corner, will house up to 13 offices, shops and – its owners hope – an eatery.
“We would really love to see a restaurant come here,” said Mike Williams of Fraizer & Williams Construction, which is developing the project.
Completion of the Oxford Square-style building is scheduled for February, and potential lessees already have made inquiries, said Adam Morgan of Coldwell Banker, who is marketing the property.
Although construction started Aug. 1, roughly a dozen people gathered Friday morning to officially break ground. They included Mayor Ed Neelly, City Council members and members of the Tupelo Redevelopment Agency, the group that oversees Fairpark's progress.
“This is just one more piece of the puzzle to Fairpark, and it gives us more life to the whole development,” said TRA project manager Debbie Brangenberg. “It helps people tangibly see the vision we have had for so long for this place.”
Out of the ground
In the six years since launching Fairpark, Tupelo can finally see the fruits of its labor, Brangenberg said. She pointed not only to Fairpark Crossing, but other development in the area – the IDEA Center business incubator, Coldwell Banker and budding residential development where several townhouses have already been sold.
The Fairpark District just east of downtown was launched in 1999 with $22.67 million in municipal bonds and is expected to leverage twice that much in private investment.
City Hall, a park and a building housing several businesses in the southwest corner of the 50-acre site, are already complete.
Contact Emily Le Coz at 678-1588 or email@example.com