There are 44 article(s) tagged Center City Development Corp.:
The Center City Development Corp. also approved financial support for restoring and replacing stained glass windows at Historic Clayborn Temple, and for the restoration and redevelopment of a blighted, vacant commercial building at Vance and S. Fourth.
A new real estate development company plans to transform a blighted, long-vacant commercial structure into retail space and apartments.
The Center City Development Corp. will consider a $50,000 grant to help create new stained-glass windows for Historic Clayborn Temple.
The Center City Development Corp. approved $80,000 exterior-improvement grants to help developers revive three vacant buildings scattered in the Edge District, gave support to a renovation at a key intersection in the South City neighborhood, created a new grant program, and forgave a batch of existing loans.
The owner of Alcenia’s restaurant is receiving help from multiple organizations to buy and improve her Pinch District building. And the owner of a historic Film Row building receives help to renovate the exterior of the Art Moderne structure.
The maker and retailer of modern-design ceramic products is growing and needs more space. Paper & Clay will move into a building vacated by the closing of Bumpus Harley-Davidson on South Main.
The proposed "Pre-Development Assistance Grant" would provide up to $5,000 for such costs as marketing studies, architecture, engineering and environmental assessments.
South City businesses and nonprofits now need only to make a 10% match – instead of 25% – to receive up to a $50,000 grant to improve the exterior of their buildings.
The Downtown Memphis Commission staff recommends that grants for exterior improvements to South City businesses start covering 90% of the costs instead of 75%.
Project plan is to convert upper floors of four, attached buildings into six apartments, and enlarge McEwen's restaurant.
Both founded in South City in the 1960s, Paradise Entertainment Center and Tom Martin's Body Shop plan to improve the exterior of their buildings.
Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).
The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses.
The Center City Development Corp. has added $60,000 to the money available to help small Downtown businesses survive the effects of COVID-19.
Twenty Downtown businesses severely impacted by the coronavirus pandemic have now received forgivable loans totaling $135,000.
Twelve more Downtown businesses have applied for forgivable loans totaling $79,900 and which are designed to help them survive the effects of COVID-19.
Acting with a sense of urgency, the Center City Development Corp. board approved the first forgivable loans for eight Downtown businesses that have been disrupted by COVID-19.
About 44 results