The Pascagoula Redevelopment Authority (PRA) is an urban renewal agency established by the City of Pascagoula pursuant to and acting under the authority of Section 43-35-1 et seq. of the Mississippi Code.
It is composed of a 5 member board appointed by the Pascagoula City Council serving staggered five year terms. The board serves to promote and encourage revitalization in the Urban Renewal Area by offering incentives for investors to develop downtown properties.
Anchor Square, the Courtyards at City Dock, Brady's, and the Jury Room are prime examples of the PRA's progress in Pascagoula. The PRA's multi-phased approach to revitalization began with funding from a portion of Mississippi's BP settlement money, appropriated by the state legislature. The revitalization efforts have turned $9.4 million in public funding into nearly $50 million in private investment.