Southern Ag Credit building new HQ in Ridgeland
RIDGELAND — An outdoor space is a key feature of the newly approved proposed Southern Ag Credit building off the I-55 here.
Community Development Director Alan Hart presented plans for the new Southern Ag Credit headquarters building at a recent meeting of the Ridgeland Mayor and Board of Aldermen.
“It has a nice outdoor space and looks great from the interstate,” Hart said.
The company will be moving from its current location at 402 West Parkway Place to a new location just north of the 300 Concourse Building along the I-55 Frontage Road. Hart said it was near the Wells Marble & Hurst Building.
At a recent evening work session, Mayor Gene McGee said the building “looks great” and asked that it be kept on the consent agenda for approval. The consent agenda passed unanimously, 7-0, during the Aug. 3 regularly scheduled city board meeting.
CEO Phillip Morgan said they were “super excited” about the new building. He said that though the company is about 105 years old, tracing their founding back to 1916 when the Federal Land Bank System was created by legislation signed by President Woodrow Wilson, they have not seen growth in their history like they have seen since they moved to Ridgeland in 2010 with 11 employees.
Morgan said that today they have more than seven locations throughout Mississippi and two in Louisiana.
According to their website, Southern Ag Credit provides financing for farmers, timberland, agricultural ranchers and other agribusinesses. They also have financing and expertise for the purchase of rural land for recreational pursuits such as hunting or fishing camps, 4-wheeling & motocross, country homesteads and “much more.”