Planning board approves big expansion of UPS hub
The Land Use Control Board has approved a UPS plan that includes enlarging its Memphis airport hub by 266,000 square feet.
There are 117 article(s) tagged economic development:
The Land Use Control Board has approved a UPS plan that includes enlarging its Memphis airport hub by 266,000 square feet.
New renderings for the 11-acre, first phase of the Union Row mixed-use development show a dense arrangement of apartments, parking garages, hotels and office buildings.
Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant.
The Pallet Factory has been making pallets for 42 years.
Plans for three proposed fulfillment centers -- in Memphis, Mt. Juliet, Tenn., and Prince George's County, Md. -- are strikingly similar. And Amazon has linked itself to the Maryland proposal.
Memphis planners are endorsing – with conditions – St. Jude’s request to build rule-breaking parking lots in Uptown because the lots will support the research hospital’s massive expansion.
A ground-breaking ceremony on Tuesday morning celebrated the first, $150 million phases of One Beale. Work already has started to erect the Hyatt Centric hotel and Landing Residences at One Beale apartments.
Bartlett-based Surface Dynamics LLC will expand, creating 110 more jobs and investing $10 million in Bartlett over the next five years.
Amazon is now operating its permanent 'delivery station' after renovating an old warehouse near I-240 and Lamar.
A medical supply company is moving distribution operations to Southaven, creating 450 jobs there.
Memphis and Shelby County economic development organizations are promoting eight newly designated opportunity zone areas consisting of 32 census tracts, 30 in Memphis and two in Millington.
The Memphis-Shelby County Regional Economic Alliance is considering adding representation from Shelby County suburban cities' chambers of commerce as a way of creating a unified approach to economic development.
Demand is high for industrial acreage on Presidents Island, and the property that the Navy is giving the Port Commission is the largest available undeveloped tract on the island.
True Temper Sports has rebranded itself as TRUE Sports and will move its 35 headquarters jobs from the suburbs into Downtown's One Commerce Square.
The medical-device maker is adding employees and spending millions to improve facilities at its sprawling complex on gritty Brooks Road.
Saia Motor Freight seeks building permit to build 200-door cross dock just east of Memphis International Airport.
Newly released architectural renderings have revealed what the 55-acre, nearly $200 million Snuff District mixed-use development will look like in Uptown next to the Wolf River Harbor.
A private-equity firm has bought controlling interest of the rapidly growing CrossRoads Extremity Systems, which was founded in Memphis less than five years ago.
The nonprofit My City Rides is gearing up for a more aggressive second year to promote its motor scooter sales as an answer to the transportation challenges for many Memphians.
Although Downtown Memphis has landed several corporate headquarters relocations, some local leaders see it as part of a bevy of community assets rather than a center for economic activity.
JNJ Logistics will break ground on a new headquarters and employ more than 500 near the old Mall of Memphis, but the headcount will eventually exceed 1,000, a consultant says.
Memphis-based Krone North America never sought incentives to remain in Memphis, and will start moving its 45 jobs to Olive Branch by the end of 2019.
When reporting on economic development, the media often emphasizes tax breaks while downplaying the net new taxes generated. This leads many people to simply misunderstand how incentives work and can have serious repercussions for a community, as can be seen in New York with Amazon.
Gov. Bill Lee is scheduled to be in Memphis Tuesday, Feb. 12, for what's expected to be his first economic development announcement in the city.