DIVE INTO THE RESEARCH.
DOWNTOWN JACKSON HAS MORE THAN 2.5 MILLION SQUARE FEET OF OFFICE SPACE AND IS HOME TO OVER 20,000 EMPLOYEES. THE NUMBER OF RESIDENTIAL HOMES IN DOWNTOWN ARE INCREASING. DOWNTOWN DEVELOPMENT PROJECTS ARE CONTINUING FULL-FORCE AHEAD, AND AN AVERAGE OF 1 MILLION PEOPLE VISIT US ANNUALLY. IT’S SAFE TO SAY THAT DOWNTOWN IS POPPING.
DOWNTOWN JACKSON IS THE CENTER OF BUSINESS AND COMMERCE FOR THE STATE OF MISSISSIPPI, AND IS HOME TO WORLD-CLASS ART, CULTURE, HISTORY, AND TOURIST ATTRACTIONS. THE CITY WITH SOUL IS LIKE NONE OTHER, AND MANY ARE REALIZING JUST HOW GREAT DOWNTOWN REALLY IS. BELOW ARE A FEW DETAILS ON THE DOWNTOWN OFFICE AND RESIDENTIAL MARKETS.
DOWNTOWN OFFICE MARKET
SQUARE FEET OF OFFICE SPACE: 2.5 MILLION
AVERAGE RENTAL RATE (PER SQ. FT.): $17.96
SHARE OF JACKSON: 36%
SOURCE: CBRE H2 2020
DOWNTOWN BID RESIDENTIAL MARKET
NUMBER OF UNITS: 671
UNITS OCCUPIED: 469
NUMBER OF RESIDENTS: 529
RESIDENTIAL OCCUPANCY RATE: 70%
SOURCE: ESRI 2023 FORECAST, DOWNTOWN JACKSON PARTNERS 2024 Residential Report
DOWNTOWN JACKSON PARTNERS DEVELOPMENT TOOLKIT
CLICK THE LINK BELOW TO CHECK OUT THE DOWNTOWN JACKSON PARTNERS DEVELOPMENT TOOLKIT FOR A BIT OF DOWNTOWN HISTORY, RESIDENT PROFILES AND OTHER MARKET INFORMATION, A WORKFORCE OCCUPATION BREAKDOWN, INFOGRAPHICS AND MORE.