Strictly Business - BUCHANAN REALTY GROUP highlights this week's activity

Strictly Business – BUCHANAN REALTY GROUP highlights this week’s activity

Buchanan Realty Group CLICK HERE located in Hamilton Hills Shopping Center, 621 Old Hickory Blvd., sponsors Strictly Business, a weekly column that takes a look at a few of this week’s business highlights.

The Buchanan Realty Group – (731) 300-3071 – provides commercial real estate services throughout Tennessee. The group specializes in leasing, tenant representation, investment sales and acquisition – concentrating on retail, hospitality, c-store, medical, industrial and multi-family sectors.

Burger King closes Christmasville Cove location

Management could not be reached for comment, but Burger King has closed at 2553 Christmasville Cove.

The restaurant – which opened in September 2017 – was located in Park Place West across Dr. F.E. Wright Drive from the West Tennessee Healthcare Sportsplex and the Ballpark at Jackson.

The 2,800-square-foot facility was the fifth Burger King in Jackson.

Burger King has restaurants at 38 Stonebrook Place, 639 Old Hickory Blvd., 2115 N. Highland Ave., and 462 S. Highland Ave., in Jackson.

JEA Board of Directors approve resolution to lower electric rates for 12 months

The Board of Directors of Jackson Energy Authority approved four resolutions during their monthly meeting at the Tennergy Building, Thursday.

“Today we approved four business items,” said Monte Jones, JEA chairman of the board, “A contract to inspect and maintain wooden electrical poles on the JEA system, 46KV electric switch replacement at the south Jackson substation, re-work of the Bells Highway lift station that will improve sewer service in that area and approval to pass along savings to electric customers from TVAs Pandemic Relief Credit program.

Jones said the first three items are infrastructure related and will improve/maintain service across the system.

“The fourth item is a direct benefit to our electric customers that was presented by senior management and approved unanimously by the board,” Jones said, “It will provide over $1.7 million in savings across all service lines during the next 12 months.”

Restaurants get green light to reopen buffets in Madison County

Businesses in Madison County can reopen self-serve buffets. The Jackson-Madison County Regional Health Department announced the change today based on new data regarding the spread of COVID-19.

Data from the Centers for Disease Control and Prevention (CDC) indicates COVID-19 is thought to spread mainly through person-to-person contact. It’s possible a person can get COVID-19 by touching a surface or object that has the virus on it and then touching their own mouth, nose, or possibly their eyes. However, this is not thought to be the main way the virus spread.

New housing development under construction on Old Humboldt Road

A new housing development is being constructed by Robert Reynolds on Old Humboldt Road, about a quarter of a mile east of the U.S. Highway Bypass.

Plans call for 30 duplexes to be constructed on 26.5 acres at Old Humboldt Road Subdivision.

Unemployment rates for West Tennessee counties

Highlights from the August 2020 Labor Force Estimates Report:
The Seasonally Adjusted Unemployment Rate for Tennessee decreased from 9.7 percent in July 2020 to 8.5 percent in August 2020.
During the same time period, the Seasonally Adjusted Unemployment Rate for the United States decreased from 10.2 percent to 8.4 percent.
The unemployment rate decreased in 94 counties and increased in 1 county.
Moore County had the lowest unemployment rate at 5.1 percent.
Shelby County had the highest unemployment rate at 13.4 percent.

Benton County, 9.1
Carroll County, 7.5
Chester County, 5.8
Crockett County, 6.1
Decatur County, 8.3
Dyer County, 8.2
Fayette County, 7.5
Gibson County, 7.4
Hardeman County, 9.5
Hardin County, 7.4
Haywood County, 11.4
Henderson County, 7.9
Henry County, 7.2
Lake County, 9.6
Lauderdale County, 10.6
Madison County, 9.1
McNairy County, 9.3
Obion County, 7.4
Tipton County, 7.9
Weakley County, 6.3