MGM Development Group gives update on Jonesboro Senior Village project

If you have driven along Industrial Drive in Jonesboro lately you have noticed that the landscape has changed dramatically. The reason is the site prep being done by MGM Develpment Group, LLC in conjunction of the upcoming construction of the planned Senior Village. 

MGM Group partner, Jeff Glover recently provided a an update on what has taken place so far and a schedule of what to expect over the upcoming months. 

“We have already had the existing metal buildings on the site torn down and the land is being cleared,” said Glover. “Separately, we granted the Town of Jonesboro a sewer easement through the property to help address some of the maintenance issues with their treatment pond.”

“We anticipate having all of our financing lined up and closed hopefully by the end of October. Construction will then begin in November,” continued Glover. “The construction loan is being provided by CenturyNext bank from Ruston / West Monroe and the general contractor is Magnolia Construction Group out of West Monroe. Magnolia has already opened an account at Pardue’s for supplemental building materials.”

To view the complete architect’s package of drawings click here. 

 

 


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