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JACKSON, MS-Nissan North American’s new assembly plant in Canton, MS already is attracting fresh development from suppliers and vendors in the Central Mississippi Industrial Center.

Tower Automotive of Grand Rapids, MI plans to break ground in October on a $9 million, 170,000-sf, build-to-suit factory two miles from the Nissan site. Occupancy is tentatively scheduled for September 2002.

EastGroup Properties Inc. of Jackson, MS will develop the project on a 50-acre site at an estimated hard construction cost of $53 per sf. The site allows the building to be expanded in the future to a total 430,000 sf

Tower produces a broad range of assemblies and modules for vehicle structures and suspension systems.

The EastGroup development team comprises Mark S. Bounds Realty Partners, EastGroup’s strategic alliance partners for Nissan-related developments; and White Construction Co., the project’s general contractor.

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