$100 Million, 48-Acre Resort Opens On Mississippi Gulf Coast
August 9, 2019

The doors have opened on the Gulf Coast’s newest draw inGulfport, Mississippi. A beachfront, mixed-use hospitality and entertainment destination, Centennial Plaza is situated across 48acres paralleling the majestic Mississippi Sound, on the former site of the Veterans Administration Medical Center.

The reimagined land use of the historic campus invigorates this key piece of real estate for visitors and local residents alike. Two distinct hotels, a pair of restaurants and event spaces promise exceptional experiences, as intended by the development partners.

Barrington Development, LLC and Robert Lubin partnered on the more than $100 million real estate development, comprised of historic rehabilitation — using both federal and Mississippi historic tax credits —and new construction sympathetic to the existing Spanish Colonial Revival architecture.

"We are beyond thrilled to have been able to bring this property back to life," said Centennial Plaza Public Relations Director Tessy Lambert. "We feel it will continue the revitalization of the GulfCoast."

Hospitality and tourism are two of the larger gears that turn the South Mississippi economy. Centrally located between New Orleans and Mobile, Gulfport is an hour’s drive from both directions, and only 160 miles from the state capital of Jackson.

Tourism accounts for over 25% of Gulfport’s economy. By 2020, the $93 million Mississippi Aquarium is slated to open in downtown Gulfport, expected to draw a half-million visitors per year. One year ago, Mississippi became the fourth state to legalize sports betting in its ever-popular, 24-hour casinos. With the second-largest airport in the state, Gulfport-Biloxi International welcomes nearly800,000 travelers annually. Centennial Plaza, operated by Lodging& Leisure Investments, LLC, is primed to capitalize on this momentum and accelerate it.

Read the full article on FORBES.

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