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Purchasers outline tentative mixed‑use plans for 114 Silver Street in Okolona
Summary
Local investors told the council they bought 114 Silver Street and plan to subdivide the building for multiple small businesses, citing a federal micro‑distillery permit and remaining structural and roofing issues to be resolved.
Prospective developers who purchased the building at 114 Silver Street introduced themselves to Okolona’s mayor and city council on May 5 and described early, non‑final plans to convert the property into space for multiple small businesses.
“We purchased the building back here on 114 Silver Street … we have already established a federal permit for [a] micro distillery in that space,” the presenter said, adding that engineers are evaluating structural and roofing issues and that some portions of the warehouse are unsound. The presenters said they are exploring ideas including crafts/furniture manufacturing, a farmer’s‑market‑style layout and a food‑service commissary for food trucks, but emphasized nothing is set in stone.
Council members asked clarifying questions about the timeline and building condition. One council member noted the exterior does not reveal interior damage and asked what uses were under consideration; the presenters reiterated they do not want to overpromise and said they aim to bring jobs and revenue to the city.
The exchange focused on the presenters’ need to complete engineering and roofing work before firm plans are set; presenters said some structural repairs and cleanup will be done over the coming months. The meeting record does not show any formal approvals, permits or tax incentives granted at this session.
Next steps: presenters said they will continue work with engineers and state permitting authorities and will return to the council with more concrete plans when available.
