In case you missed it, here’s a look back at a few business highlights for the past week.
REAL ESTATE – the five most expensive homes listed by price for sale in Jackson-Madison County
According to the Multiple Listing Service, here’s the five most expensive homes listed for sale – by price – in Jackson-Madison County.
1) 3351 Old Medina Road, $3.3 million – includes 475 acres
2) 60 McCoy Road, $2 million
3) 95 Bridlepath Drive, $1,195,000
4) 16 O’Keena Drive, $995,000
5) 22 Deepwood Drive, $900,000
REAL ESTATE – Market report for Jackson-Madison County
According to the Multiple Listing Service, new homes for sale in Jackson from January 1 through July 31 stood at 33, compared to 26 for the same period in 2017.
New construction homes sold – January 1 through July 31, 2018 was 70, compared to 80 for the same period in 2017.
The number of homes on the market, which includes all of Madison County, stands at 299, compared to 333 for the same period in 2017.
Average days on the market – January 1 through July 31, 2018 was 62.
The average sales price for a home from January 1 through July 31, 2018 was $166,627.
Leaders Credit Union opens branch in Milan
Leaders Credit Union, member-owned financial cooperative based in Jackson, announces the opening of their full service Milan branch at 15427 South First Street.
Leaders Credit Union broke ground on the 3,000 square foot branch in September 2017.
“Milan was a natural fit for Leaders,” said Todd Swims, President and CEO of Leaders Credit Union. “We already serve the Gibson County community through our field of memberships, and we want to serve this area with the best service and technology, now with local convenience.”
The state-of-the-art branch is located in front of Milan WalMart and offers pod style banking with a digital engagement center. It also offers two drive-through lanes with an exterior ATM.
A partial listing of Leaders’ field of membership in the Gibson County community includes the Milan Special School district and various Select Employment Groups including CECO Door, NHC Milan, Area Wide Communications, and Alexander Thomson Arnold.
“Thank you to the Gibson county community for allowing us to be your financial champions, and we look forward to a long and bright future together,” Swims added. “We are very excited to be a part of this community.”
Leaders serves their 49,000 members across West Tennessee with eight brick-and-mortar branches including the Milan branch, Union City branch, and Bartlett branch. Leaders also includes a Mortgage Center in Jackson, a fully functional Call Center, and Business and Investment Services as well.
1st Franklin Financial opens in West Towne Commons
The newest financial center in Jackson – 1st Franklin Financial – has opened at 25 D Stonebrook Place in West Towne Commons.
Located next door to J-Petal Japanese Crepe & Thai Ice Cream, Heather Huff is the branch manager of the 1,800-square-foot facility, which opened in late July, and offers loans from $300 to $15,000.
Business hours are 8:30 a.m. to 5:30 p.m., Monday, Tuesday, Thursday and Friday – 8:30 a.m. to 1:30 p.m., Wednesdays.
The company has more that 300 loan offices throughout Georgia, Alabama, Tennessee, Louisiana, Mississippi and South Carolina.
Corporate offices are located in Toccoa, Georgia, and the company has offices in Savannah at 1800 Wayne Road, Suite D, and 1130 U.S. Highway 51 Bypass West in Dyersburg.
City purchases former Murphy Tractor Co. facility for Parks & Maintenance
The City of Jackson has added to its real estate holdings after purchasing the former home of Murphy Tractor Company at 521 Airways Boulevard.
The $220,000 purchase includes three buildings.
The building nearest Airways Boulevard consists of 25,000-square-feet, and will be used by the Parks and Maintenance office personnel – and to repair mowing equipment.
One of the buildings will be razed.
The City was leasing a facility at 75 St., from the Tennessee Valley Authority, which is scheduled to be demolished.
Complete Dental Care holds grand opening at 2064 S. Highland Ave.
Viewed as a one stop shop for dentistry, Complete Dental Care, held its grand opening at 2064 S. Highland Ave., Tuesday.
Complete Dental Care combines the four major specialties – Oral Surgery, Pediatrics, Orthodontics and Endodontics, as it has in its Parsons and Huntingdon offices, together with General Dentistry, a Children’s Surgery Center and a Night Time Extraction Clinic.
The owner – Dr. Mark Holifield – is a general dentist who does the braces in the Jackson office.
Dr. Holifield created the Complete Dental Care Center – Tennessee’s only Dental Assistant School – where students can receive hands on training with specialty and general dentistry.
For more information – or an appointment – call (731) 736-4700 or visit completedental.care and completedentalec.care for the Assistant School.
Construction set to begin on new City Court Building
Construction on a new City Court Building, which will be located adjacent to the Jackson Police Department Complex, 234 Institute St., is scheduled to begin in early September.
The proposal was approved during the Jackson City Council’s August meeting at City Hall, Tuesday.
MG Construction will build the new 13,500-square-facility on land owned by the City of Jackson.
Construction costs are estimated at $2,682,216.
Rent used for the building at its current location will be diverted for the new facility, which will be owned by the city.
About $2 million has been spend on the lease at City Court’s 101 E. Lafayette St., location.
“The council approve the low bid, and the location has always been the location of choice,” said Jerry Gist, mayor of Jackson. “Drug Court will be in the same building (and) by the time we pay the lease costs on the City Court Building and Drug Court, that will be just about enough to make the payments on the loan.”
(PHOTO: Interior of new Leaders Credit Union branch, 15427 South First Street)
David Thomas, Twitter – @DavidThomasWNWS
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