Tom Intrator stakes claim as Downtown change agent
Tom Intrator is described as “a self-made, self-taught investor, developer and entrepreneur.” So, just who is the man behind one of Memphis' biggest proposed mixed-use real estate projects ever?
Topic: Downtown Memphis Commission
RSSThere are 225 article(s) tagged Downtown Memphis Commission:
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December 2019
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Big tax incentives approved for Union Row, Pinch District
How do you jump-start nearly $1.4 billion worth of new apartments, stores and offices? A Downtown board answers that by approving $306 million worth of tax incentives, with $143 million more to come from other sources, for two large developments.
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November 2019
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Downtown developments angle for $449 million in incentives, with more to come
A pair of $1 billion-plus Downtown development projects that would require heavy doses of public incentives are scheduled for an initial vote on Monday, Dec. 2.
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New York developer seeks incentives for $104 million in Downtown development
18 Main, led by New York real estate developer Tom Intrator, has submitted applications for tax incentives for five Downtown Memphis projects valued at more than $100 million.
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Developer ponies up $104M to fill gaps in Downtown’s recent renaissance
Tom Intrator's development group 18Main wins tax relief for $104 million in projects on South Main and South Front Downtown.
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October 2019
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DMC hands out Vision Awards; Frank Ricks honored for decades of work
DMC Vision Awards focus on year of innovation in Downtown development.
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Midtown residents lose appeal on design of Peabody Falls apartments
The Downtown Memphis Commission voted 6-3 Friday, Oct. 18, to uphold its Design Review Board's approval of the design of Peabody Falls apartments in Midtown.
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September 2019
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When developers seek incentives should officials check their backgrounds?
Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.
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Prospero Health to set up operations in Memphis
Prospero Health plans to invest $1.5 million and hire 249 workers in Memphis, setting up operations in One Commerce Square Downtown.
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Adaptive reuse projects proposed to fill key Downtown vacancies
Developers are seeking tax incentives Tuesday, Sept. 10, on adaptive reuse projects at 82-88 South Main at Union, 99-105 South Front in Cotton Row district, and 345 South Main.
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August 2019
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Raymond James signs lease for Ridgeway Center space, court filings show
A court filing appears to confirm what Raymond James has yet to acknowledge: The company is moving from Downtown to the Ridgeway Center office park in East Memphis.
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Art, history and soccer converge in Downtown Memphis
The scale of images on the art walk in four historic Downtown alleys invites selfies. “We expect to lose some of our crowd as people stop and Instagram the murals,” said Penelope Huston of the Downtown Memphis Commission.
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Handy House to reopen with parade
The W.C. Handy House and Museum in the Beale Street entertainment district will reopen Saturday with a parade and live music.
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July 2019
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A super Saturday in the park
Mud Island River Park was a hive of activity Saturday, as community organization Neighborhood Heroes led Memphis kids in superhero-related activities meant to inspire mental and physical wellness, while the Downtown Memphis Commission threw a party to celebrate summer birthdays.
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South City art space up for DMC Good Neighbor Grant
Yvonne Bobo's project to create space for 15 artists and a nonprofit called Off the Walls that will serve at-risk youth and adults in South City may receive additional incentives.
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Literature-themed eatery planned for Madison Avenue
Cafe Lit, a literature-themed, multistory supper club with live entertainment, could bring more nightlife to Madison Avenue.
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Cupboard Restaurant plans to add ‘Express Grab & Go’ on Carolina Avenue
The owners of the Cupboard Restaurant plan to add an “Express Grab & Go” component to their shipping and receiving and catering office on Carolina Avenue.
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Neighbors question height of proposed Peabody Avenue apartments
Some neighbors surrounding a proposed apartment building off Peabody Avenue have concerns about height, but in a zoning district that allows multifamily construction, the developer has the right to build it three stories high.
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Downtown businesses trade rent for mortgage payments
Established Downtown Memphis businesses trade monthly rent for mortgage payments instead.
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June 2019
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Downtown Memphis parking more than adequate, but perception is reality
Downtown Memphis has more than adequate parking, but access to the lots, signage and condition of facilities are often so unsavory, many users believe parking in the city core is frustrating at best, dangerous at worst.
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Dog park concerns overshadow mixed-use development investment
Construction on a $1.8 million mixed-use project on Monroe by the owners of McEwen’s restaurant could begin next month.
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AutoZone plans expansion, $145M investment Downtown
AutoZone seeks a 15-year tax incentive in return for expanding its Downtown Memphis presence with a $145 million investment and addition of 130 jobs.
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Incentives requested for McEwen’s expansion, new South Main dog park
The partners of McEwen's restaurant are planning to fix up their building, while the Downtown Memphis Commission wants to improve a vacant lot in South Main with a pop-up dog park.
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Design board approves FedEx Logistics’ Downtown HQ
The Downtown Memphis Commission Design Review Board unanimously approved a plan to unify all elevations of the former Gibson Guitar Factory with brick, windows and black steel, but some members have questions about signage planned by new tenant FedEx Logistics.
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May 2019
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Downtown board cuts Beale Street hotel developer’s requested PILOT extension
A Downtown Memphis Commission board was not willing to let the developer of a Beale Street boutique hotel delay paying an increased payment-in-lieu-of-taxes to see if he could negotiate with the partners behind Union Row.
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