
A RESOLUTION AFFIRMING SUPPORT FOR THE EFFORTS OF EMERCHANT
CAPITAL, LLC TO ESTABLISH AND DEVELOP THE METROCENTER AREA BY
IMPROVING INFRASTRUCTURE AND DEVELOPING RESIDENTIAL,
COMMERCIAL, AND COMMUNITY SERVICE PROJECTS
WHEREAS, Emerchant Capital, LLC (“Emerchant”) describes itself as a dynamic financial
investment and real estate development firm dedicated to revitalizing underserved communities
through strategic, high-impact urban redevelopment. With a mission rooted in economic equity and
sustainable growth, Emerchant states that it specializes in mixed-use developments that transform
underutilized spaces into vibrant residential, commercial, and community hubs. Emerchant describes
its projects as being intentionally designed to uplift socioeconomically disadvantaged areas—
including urban city centers, rural regions, and designated Opportunity Zones—through affordable
housing, critical infrastructure, and long-term job creation; and
WHEREAS, Emerchant is seeking to facilitate and lead development for the Metrocenter
revitalization initiative. Emerchant seeks to bring to this project a proven commitment to community-
driven impact and sustainable urban revitalization by working collaboratively with local organizations,
educational institutions, faith-based ministries, and workforce development agencies. Emerchant
intends to foster development which will reflect authentic community needs and priorities while
creating transformative developments that not only build infrastructure but also builds lives and
legacies. Emerchant will focus on eliminating food deserts, creating quality employment
opportunities, expanding healthcare access, and fostering educational advancement for the residents
and families who will benefit from the Metrocenter revitalization; and
WHEREAS, Emerchant is seeking to establish a Business Improvement District to be
implemented at and around the site of the former MetroCenter Mall, encompassing approximately 70
acres at the former Metrocenter Mall site and adjacent areas in west Jackson; and
WHEREAS, Emerchant intends for the future Business Improvement District to finance an
$875,000,000 mixed-use redevelopment project to revitalize the Metrocenter area through site
redevelopment, infrastructure upgrades, residential and commercial development, and community
services; and
WHEREAS, Emerchant’s funding plan includes a $262,000,000 bond issuance to create
annual assessment revenue sufficient to ensure a financially viable and sustainable model; and
WHEREAS, Emerchant has requested that the City Council of the City of Jackson, Mississippi
voice its support for Emerchant’s efforts to create the potential economic, social, and environmental
benefits that the proposed Business Improvement District and its associated development plan could
bring to the residents of Jackson, including job creation, improved public infrastructure, access to
grocery and healthcare services, and community revitalization; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Jackson,
Mississippi, that:
Agenda Item No. __38____
October 21, 2025
(Hartley)