There are 56 article(s) tagged 100 N. Main:
Phase One of the 100 N. Main redevelopment is more than 75% complete, with plans to begin construction next year. So what exactly goes into cleaning out a 58-year-old, 38-story building?
A DMC board approved bonds to loan Memphis the millions needed to buy and maintain the Sheraton Memphis Downtown hotel, renovate AutoZone Park and update the 100 N. Main parking garage.
Council members discuss the Sheraton convention center hotel deal in committees Tuesday, Oct. 1. They will also vote on new city-backed funding for the 100 N. Main mixed reuse project.
The financing is a switch from another type of bond the city wanted to use but couldn’t to bridge a $10 million gap in the renovation and reuse of the city’s tallest building.
The City of Memphis is readying $16 million in bonds to subsidize a two-part project that includes parking at 100 N. Main and renovations at AutoZone Park Downtown.
The hotel selection and design have pushed the project timeline back from the end of 2027 to early 2028.
The project is now expected to cost $38 million more than original estimates, and the Downtown Mobility Authority may commit additional support to ensure the redevelopment moves forward.
The 100 N. Main development team awarded an additional $1.8 million loan, the Texas-based company Reconext was awarded a tax incentive, two companies received tax-incentive amendments and more.
The developer is requesting an extra $1.8 million from EDGE.
“When I hear of some old Memphis landmarks biting the dust, my heart sinks a bit.”
Some delays regarding the infrastructure have slowed the progress of completing Providence Place in Arlington, developer says.
Ohio-based Cleveland Construction co-hosted an outreach event at the Springhill Suites Downtown Wednesday, May 22, to find subcontractors for Memphis’ tallest tower.
After receiving approval to use a Marriott brand, 100 N. Main developers are seeking the premium Autograph Collection for its $282 million redevelopment.
The Center City Revenue Finance Corp. on Tuesday, Feb. 13, approved the 30-year payment-in-lieu-of-taxes (PILOT) and recommended the Memphis City Council approve the TDZ surcharge.
Renovation of the 792,873-square-foot building will now cost more than $282-million, a 7% increase from the previous budget when presented to the Downtown Mobility Authority in 2022.
The $261 million project is expected to be completed by early 2027.
Also happening: Bartlett could get food trucks, a star-studded holiday tribute to Elvis Presley airs and Collierville parents can speak their mind on school rezoning.
The Downtown Memphis Commission and the Downtown Mobility Authority plan to host a kick off event at the end of the month to start exterior work.
100 N. Main Development Partners plans to use the 15th through 22nd floors for hotel space, according to an application filed with the Land Use Control Board.
The Downtown Memphis Commission recently approved $7 million for the developer to begin the process of removing debris and hazardous materials from the building.
Downtown Mobility Authority agrees to $7 million cleanout request for 100 N. Main building.
Once redevelopment is complete, 100 N. Main will include a restaurant, condos, 205 apartments, 160-room hotel and offices.
This week’s Inked looks back at some of the most notable projects of 2022 and what we can expect in 2023.
On Wednesday, Nov. 16, the developers of 100 N. Main shared an updated timeline for the renovation of Downtown Memphis’ tallest building.
Developers Adam Slovis, Archie Willis and Brian Hill share project updates during The Daily Memphian’s “Developing Memphis’ seminar.