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.
Party City management sees smaller crowds for holiday happenings
Party City, which opened at 1253 Vann Drive, Nov. 2, is gearing up for one of its biggest holidays, but store manager Maria Monforte has the pandemic in mind, and she is hoping people will party responsibly.
“New Year’s Eve … people will be getting together with their families or friends – just smaller crowds,” Maria said, “We have the 2021 merchandise to celebrate.”
Party City, which has about 850 stores nationally, is headquartered in Rockaway City, New Jersey.
Balloons are the item that comes to mind for most shoppers, but there’s also party favors for any occasion that include birthdays, anniversaries, Christmas, Hanukkah, Kwanzaa, New Year’s Eve, Valentine’s Day and July 4.
The 8,000-square-foot Jackson location has 14 employees.
Business hours are 10 a.m. to 8 p.m., Monday through Thursday; 9 a.m. to 9 p.m., Fridays; 8 a.m. to 8 p.m., Saturdays and 10 a.m. to 6 p.m., Sundays.
Real Estate market report for Jackson & Madison County
From the Multiple Listing Service –
Total homes sold November 1 through November 30 – 123
New construction homes sold – 16
The number of homes on the market, which includes all of Madison County – 122
Average list price of houses on the market – November 1 through November 30 – $281,662
Average list price of homes sold – $197,011
Average sales price of home – November 1 through November 30 – $195,423
McKellar-Sipes Regional Airport looking at new commercial carrier
From Steve Smith, executive director McKellar-Sipes Regional Airport –
The Jackson-Madison County Airport Authority made it official at Monday’s December regular board meeting by announcing unanimous support for a change in airline service.
A letter in support of San Francisco, California based Boutique Air was sent to the USDOT supporting the change that includes increased daily service to Atlanta, Georgia and Pensacola, Florida.
If approved by the Department of Transportation the new service will begin in June of 2021.
Current provider Air Choice One has provided airline service for the past 5 1/2 years to Atlanta and St. Louis.
Air Choice One’s service will end June, 2021.
Executive Director Steve Smith said Monday the airport reviews “under performing routes” every two years and the demand for a vacation destination was a main driver in the decision.
If approved by USDOT Boutique Air will fly the PC-10 aircraft cutting almost 30 minutes off the time to fly to Atlanta.
Jackson Chamber continues to express optimism about Great Wolf Lodge
When officials with the Jackson Chamber announced Great Wolf Lodge – a family resort with an indoor water park, restaurants, arcades and spas – was headed for Tiger Jones Park off Ridgecrest Road, they had no way of knowing a pandemic was about to hit this country.
That was February, but Kyle Spurgeon, the Chamber’s CEO remains as optimistic today as he was when local leadership announced Great Wolf Lodge was considering making a $150 million investment and building a new lodge in Jackson.
“Our local team, the State of Tennessee and Great Wolf Lodge continue to work together to make a new lodge a reality in Jackson,” Spurgeon said, “Like many projects, COVID-19 has slowed the decision process and much of the due diligence and work required by all parties to successfully complete a project of this magnitude.
“We are confident this project will be finalized and expect to be able to provide more information in 2021.”
Negotiations on the project began in November 2018, and it was discussed construction could possibly begin in the summer of 2021, with a completion date 18 months later.
Great Wolf Lodge has 18 existing lodges in the United States and Canada.
Headquartered in Chicago, the investment Great Wolf Lodge would make in Jackson and Madison County would mean 500 jobs for the area – 250 full time – while attracting about 500,000 visitors annually to the resort which would also offer 300 hotel rooms.
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