msbusiness.com

Via msbusiness.com

Lockard, managing partner of Colonial Jackson LLC, sought to clear the air on the project in northeast Jackson expected to cost $250 million. In recent months, Lockard, other partners and local brokers had not returned numerous calls from the Mississippi Business Journal. “We’re not speculative builders.” The group is trying to line up builders and must work within those companies’ lineup of projects, and that means waiting to see how that can be worked out, he said.

It’s taken longer for the Colonial Highlands traditional neighborhood project to gain traction than anticipated, Bo Lockard said in an interview last week.

Lockard, managing partner of Colonial Jackson LLC, sought to clear the air on the project in northeast Jackson expected to cost $250 million.
“We’d rather go slow and very methodically, than willy-nilly. And if that takes another month, six months or a year, we’re going to continue to push that ball until we get all of components proper to do what we’ve been approved to do.”

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