Board Greenlights Design Exemptions for $45M Student Housing and Hotel Project

Summary:

  • Starkville’s board of aldermen approved a variance and special exemption for a $45 million project by Desai Companies and York Developments, enabling construction of a 100-room Home2Suites hotel and 500-bed student housing on a 21.6-acre site near Highway 12 and Pat Station Road.
  • The city and county approved a tax increment financing agreement issuing up to $3.35 million in bonds to fund infrastructure improvements, including a 1,367-foot access road and upgrades to Pat Station Road, with repayment tied to new property tax revenue over 15 years.
  • Construction is set to begin in early 2027, targeting completion of the student housing before Mississippi State University’s Fall 2028 semester and the hotel later that year, supporting growth along the Highway 12 corridor and meeting demand from students and visitors.

Original article:

https://cdispatch.com/news/board-approves-design-exemptions-for-45m-student-housing-hotel-development/

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