Up to $250K a year going to small businesses in high-crime areas
The Crime Prevention Through Environmental Design initiative will use “urban and architectural design” and implement the management of “built and natural environments” to fight crime.
There are 86 article(s) tagged EDGE:
The Crime Prevention Through Environmental Design initiative will use “urban and architectural design” and implement the management of “built and natural environments” to fight crime.
The Shelby County Joint Economic and Community Development Board met on Thursday to update and discuss ways to promote economic development around Memphis.
Uncle Lou’s Fried Chicken, Major Pieces Boutique and Glamour Grooming & Boarding received loans to help with hiring employees, renovating facades and other upgrades.
The EDGE Small Business Incentives Advisory Committee — with members from Global Cafe, Crosstown Concourse, Trap Fusion and beyond — met for the first time to collaborate on how to help local business owners.
With Memphis’ internet speeds among the slowest among major cities, EDGE officials say this project is an opportunity for growth.
In five years, BSN estimates the economic impact of its project will be $1.4 billion, create 4,600 jobs and generate $5.76 million in local taxes and fees.
The bank has not been able to meet the hiring requirements during the two-year “ramp-up” period.
EDGE approves the purchasing and refurbishing of the Sterick Building’s parking garage, an amendment to DMN’s Fast Track tax incentive and ICED loans for local eateries.
To help launch the historic skyscraper’s redevelopment project, the EDGE board will refurbish a neighboring garage for $4.2 million. The Sterick will share the parking spaces with an existing hotel.
Medtronic is evaluating consolidation of its six U.S. distribution centers into two facilities. One of these two facilities would be located in the Mid-South area.
The post will have been vacant for more than two years if a new head is not named before Memphis Mayor Jim Strickland leaves office.
A California-based electric vehicle manufacturer is now producing EVs in Tunica.
PMC expects to create 35 jobs with a base salary of $70,000 and will spend $8 million expanding its building at 1248 Warford St. and more than $39 million for new personal property at the site.
This marks the first time since 2009 that a city in Tennessee was granted one of these funds.
The 60-acre Parkside at Shelby Farms mixed-use development received a development agreement extension until Dec. 31, 2023.
The Honey Pot, a feminine hygiene products company, will be the tenant for the site.
And if “Young Rock” shooting is moved to another city, NBC can use the local tax incentive for a different television production.
The third season of “Young Rock” will feature 13 episodes all filmed in or around Memphis and Shelby County.
On Wednesday, Sept. 21, Economic Development Growth Engine board members approved the federal eco-friendly incentive for developers.
The Memphis and Shelby County Economic Development and Growth Engine is looking to buy four parcels near the old Firestone Tire & Rubber Co. plant in North Memphis.
The 175-acre, $400 million mixed-use development near Colonial Country Club in Cordova is approved for an eight-year tax increment financing (TIF) of up to $23 million.
The former vocational high school at 1212 Vollintine Ave. will become a multi-use space for vocational skills training, workforce development, multifamily housing, health care services, performing arts and more.
According to a term sheet related from EDGE, Memphis would become home to three manufacturing lines running multiple shifts with capacity to annually produce approximately 22,500 containers and 30,000 chassis.
Both developments — Link Apartments Broad Avenue and Parkside at Shelby Farms — anticipate delays in completion time.
Each of the applicants EDGE’s finance committee will consider Wednesday seeks to restore blighted and abandoned buildings.