Ocean Springs Is Getting A $10 Million Investment
Ocean Springs is already one of the most sought after areas on the Gulf Coast. Soon the demand will be even higher. Like many humans you probably like eating, shopping and living. If so, this $10 million dollar development is sure to put a smile on your face.
Ocean Springs is Attracting High Dollar Development
A mixed-use development project consisting of resort-style condos, restaurants and shops is coming to Ocean Springs. The tagline for this project is ‘Eat. Shop. Live.’ We’re sure that residents will enjoy doing just that. The Thrash Group, the developers behind project, are building an all inclusive condo community located between Bienville Boulevard and the Old Fort Bayou Coastal Preserve. With similar developments across seeing the country seeing success, Ocean Springs will be soon be able to offer upscale living that rivals that of Destin or Orange Beach.
The Inlet will have five buildings, each three stories tall. Two of the buildings will have 14,000 square feet of commercial space on the first floor, with condos on the floors above. The three remaining three buildings will be all condominiums, bringing the total number of livable condo units to 95.
The condo community will come equipped with a restaurant, shops, a clubhouse and resort-style pool, fitness center, dog park and water views with access to the Twelve Oaks nature trails. Thrash Development has also donated 12 acres of land to the Mississippi Land Trust and the city is pursuing a $150,000 grant to build walkways along the property.
Residents Are Excited About a Growing Economy
This development has been years in the making and the Mississippi locals are excited to begin such a large scale project in their home state. This is the largest private investment in Ocean Springs in recent history. Both the developers and city officials are excited to see the project finally underway.
Local business owners and residents are already excited about the news and are anticipating a positive impact on the community and the local economy. With growth, more people are expected to come the coast. As a result, businesses can expect a larger customer base. This also means that some homeowners can expect a rise in home values. The same can be said with any development of this size comes to the coast.
Officials with Thrash Development say the first of the five buildings should be ready to occupy by August. Residents can look forward to the entire complex opening in early summer 2019.
How do you feel about the project? We’d love to hear your feedback below!