Downtown policies changed back to spark new development
Downtown Memphis Commission president and CEO Chandell Ryan says the change in tax incentives will encourage the redevelopment of Downtown commercial property. (Patrick Lantrip/The Daily Memphian file)
Since the original policy change in July 2023, only five projects have been approved and none of those are under construction.
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Downtown Memphis Commission CCRFC PILOTSophia Surrett
Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers restaurants, residential real estate, and hospitality and tourism.
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