• warning: file_exists(): open_basedir restriction in effect. File(/var/www/vhosts/northsidesun.com/httpdocs/../ad_/ad_cache_.inc) is not within the allowed path(s): (/var/www/vhosts/northsidesun.com/httpdocs/:/tmp/) in /var/www/vhosts/northsidesun.com/httpdocs/sites/all/modules/ad/adserve.inc on line 160.
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Renaissance approved for cultural retail rebate

Renaissance phase two will be located between the existing development and the C-Spire building.

DEVELOPERS of Renaissance at Colony Park could get nearly $30 million in sales-tax dollars to help fund construction of a second phase, but it is unclear whether they’ll be able to build a project big enough to receive the rebate.

Renaissance’s application for a “cultural retail attraction” tax subsidy met with approval from the Mississippi Development Authority (MDA) board last week - but if Renaissance phase two isn’t at least 300,000 square feet with 50 tenants and other requirements, developers will not get the subsidy.

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