Wednesday, January 31, 2018

Waterton Planned Development Coming to Flowood

Southern Lifestyle Development (out of Louisiana) announced the construction of a $400 Million mixed-use development, to be called Waterton.  The development will be located, in part on the empty lot behind Dogwood Festival Marketplace. 

From the Clarion Ledger article:

The project is scheduled to break ground May 1. Daigle said initial construction, mainly dealing with infrastructure, will take approximately one year to complete. 
The project is a 10-year buildout broken into multiple phases. The first phase, scheduled to begin in spring 2019, includes all of the commercial development and 150 of the 500 homes. All of phase one will be built on 70 acres. 
The homes will range in style and size from cottage to estate, Dailgle said. Home prices have not been released. 
Community Bank will be the "anchor" of the mixed-use development, Daigle said, and will be surrounded by retail stores and two yet-to-be-named waterfront restaurants. 

There will be residential areas in Waterton ranging from Estate Homes (think Oakridge/Lineage Lake) to Garden Homes (think Manship).  In addition to Community Bank's headquarters, there will be an emphasis on entertainment, food and beverage.  Two wharf style restaurants are planned to overlook (what will be called) Rhoads Lake.

Here is the MS Business Journal's article on Community Bank's new headquarters.

Southern Lifestyle Development is the same company that brought River Ranch to Lafayette, Mississippi.  I hear folks in the business community in Lafayette refer to the town's history in terms of Pre-River Ranch and Post-River Ranch.  This could be a game changer for Flowood.  Check out the River Ranch Development website to get a glimpse of what's in store.

1 comment:

Sarah said...

Sounds like a great addition to our city. Any idea what’s going up outside of Latter Rayne/Lineage Lake (Behind Dairy Queen)? They’ve been doing dirt work.