Jackson State University has been eying an empty hotel in downtown Jackson as a potential solution to its shortage of student housing.
President Marcus Thompson pitched the project — a $5 million purchase of the Jackson Marriott at 200 E. Amite St. — to the university’s governing board last month, calling it a forward-thinking win-win for the historically Black university and the capital city.
“As Jackson grows, Jackson State grows, and vice versa, similar to what I believe and I’ve seen over the years at an Oxford or a Starkville,” Thompson told the Institutions of Higher Learning Board of Trustees at its retreat at Mississippi State University’s Riley Center in Meridian.
The effort comes as the state’s largest HBCU recently received roughly 800 more housing applications than it had room to accommodate, Thompson told trustees. The campus has about 2,000 available beds. In fall 2022, Jackson State had about 4,900 undergraduate students, according to federal data.
Enter the Marriott, a 15-story, 303-bed hotel that has been unused since the pandemic. It has had a number of owners over the years but is currently owned by a limited liability company affiliated with a Florida-based developer named Charles Everhardt. Everhardt could not be reached before press time.
Thompson told trustees some of them likely saw the hotel years ago. The IHL board has a policy that universities are required to seek approval for real estate purchases above $100,000. Jackson State did not respond to inquiries by press time.
View of the Marriott Hotel, located in downtown Jackson, Wednesday, Oct. 2, 2024. Credit: Vickie D. King/Mississippi Today
“Housing has been a topic and an issue for our university for a number of years,” Thompson said. “We’re really excited about the possibility to bring forward a solution to the issue of housing through this Marriott project.”
Jackson State hopes to purchase the hotel for $5.25 million, about $2 million below its assessed value, Thompson told trustees. It would provide housing to roughly 500 students, as well as meeting and parking space and leasing revenue.
The university has already obtained $7 million from the Legislature and conducted several key reports and assessments, Thompson said, adding that Jackson State anticipated the Marriott could be available to students in one to two years if the plan goes forward.
Originally, Thompson sought to get $68 million in funding to construct a new residence hall, but earlier this year, he asked Al Rankins, the IHL commissioner, for permission to pivot to purchasing an existing space that could be available sooner.
In January, the administration had to relocate students after discovering mold in its University Pointe apartment complex, which was purchased in 2015. Another dorm for female students, McAllister Whiteside, has been offline since 2021 due to mechanical, electrical and utility failures and broken equipment.
The housing shortage is a particular issue for out-of-state students who make up about a quarter of the university’s enrollment, Thompson said. During his presidential tour, he talked with parents in cities like Memphis and Chicago who told him it was a struggle to find off-campus housing. And, Thompson added that students with federal student loans may also not be able to afford off-campus housing.
“Our students come from a population who, perhaps, mostly aren’t able to go out and secure leases on their own,” he said. About 65% of the student population comes from a low-income family that receives federal tuition assistance, according to the College Scorecard.
The Marriott also fulfills one of Thompson’s goals to see Jackson State further expand into downtown, where the university already has a satellite campus and a number of apartment leases for student housing.
It’s unclear how much it will cost to renovate the Marriott or what that would entail. Thompson said that figures in a comprehensive assessment conducted over the summer reflected a “complete gut renovation” that wouldn’t be necessary, and the university can use certain federal funds to renovate academic spaces.
“Many of those things are cosmetic things that don’t necessarily have to be replaced, and we can speak to those things later,” he said.
After Thompson finished his presentation, he asked the board for questions. Trustees immediately voted to go into executive session, citing a section of the Open Meetings Act that permits closing a meeting to discuss the “transaction of business and discussion regarding the prospective purchase, sale or leasing of lands.”
Trustees deliberated for about an hour before calling Thompson and his administration into the room, where they spoke for about another hour.
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