Business Today

Jackson will have another new residential development in the near future, according to Tom Kelsey, commercial broker with Lorimont Place Ltd. of Cape Girardeau. Kelsey recently handled the sale of 68 acres in Jackson.

Kelsey said the property is adjacent to the Jackson city limits and will be accessed from Hillcrest Drive and possibly a future entrance from State Route PP, west of the Russell Height cemetery. The 68 acres of pasture and row crop land was formerly owned by Melrud Farms Inc. and are north of the cemetery and west of Westbrook Subdivision and Cathy Drive.

The sale was made to PB Properties of Jackson, which is owned by Barney Proffer and Wayne Boehme. Kelsey said all city services, including water, sewer, electric and natural gas are either already on the site or adjacent to it.

Kelsey said he believes the purchasers are still working on preliminary development plans. The new buyers have also been involved in other residential developments in the Cape and Jackson areas.