Almost 2 years have passed since Hurricane Katrina, here in Biloxi and the astounding differences are measurable, just today in the Sun Herald,(www.sunherald.com) there is a post-storm report from the Gulf Coast Business Council consisting of 180 business leaders from the three coast counties that spells out all the positives happening here. It is worth reading,especially if you are interested in investing here for the future explosion of growth slated to take place within the next 3-5 years here. The numbers are amazing in fact there isn't any other area along the entire Gulf Coast that will see this kind of growth of new developments in the next 5 years. Billions and billions will be spent. Biloxi really does have it all: Gaming, retail, entertainment, 23 golf courses around the area, new airport expansion, convention centers and pre-construction opportunities. Here's some of the figures it quotes spent on different venues:
$1.7 billion reinvested by casinos
$600 million spent on bridge reconstruction
$42 million on construction of Infinity Science Center
Income growth rates double and triple national averages
Average home sales price of $166,368
Retail sales up 61% over 2004 figures.
300,000 trees to be planted in South MS in the next tree years.
Highway 90 has undergone a tremendous physical change, palm trees planted beautify the mediums, along with dead trees given a new life carved into a pod of dolphins juping, or pelicans flying, carved by a caring soul who wanted to give something to our beachfront community, a number of tourists stop to photograph the amazing artwork. Our white beaches are clean, the water full of life, and kids can play without fear of sharks because of how shallow the Gulf is. Dolphins can be seen chasing bait showers of fish, mullet are jumping, pelicans flying overhead in a neat formation consisting of pelicans playing follow the leader in the sky. Its a sight to behold.