There are 147 article(s) tagged Downtown Memphis Commission:
The Center City Development Corp., approved funding for several Downtown projects, including grants for the two new businesses in Central Station and an improvement grant for the historic R.S. Lewis Funeral Home.
Developer Eduardo Sanchez bought the historic building and plans to renovate the building into luxury apartments, a ground-floor coffee shop and basement speakeasy bar.
The board approved updated design plans for the project in the Edge District.
Led by Kevin Woods and Billy Orgel, 100 North Main Development Partners share updated plans for condos in the historic building and outline the next steps in the property's renovation.
Ridership is booming at Groove On-Demand, which serves about 1,500 passengers a month with shuttle rides throughout Downtown and the Medical District.
A $5 entry fee, plus weapon and ID checks, were required to enter Beale Street between 8 p.m. Friday and 3 a.m., helping officials track the number of visitors.
Located Downtown at 251 Union Ave. across from AutoZone Park, The Walk was originally awarded a 30-year, $741 million PILOT in August 2020.
Downtown Memphis Commission President Paul Young talks on Behind The Headlines about saving tax incentives for Class A office space, why incentives for residential development are still necessary despite a rise in rents and an RFP on Beale Street.
Don’t know the DMC from the MLC, or the CCRFC from the CBID? Here’s a quick guide to some commonly used business and economic development terms and organizations.
“This business depends on the walking traffic,” said owner Rida AbuZaineh. “It’s like walking on the beach, where there is ice cream.”
Like Union Planters, which was acquired by Regions in 2004, and National Bank of Commerce, also acquired in 2004 by SunTrust, First Horizon could not avoid industry consolidation forever.
A new grocery store ready to open in South Main. More funding has been arranged for several development projects in Uptown, Medical District.
Kevin Woods, the Memphis market president for BlueCross BlueShield of Tennessee, has had a big week.
The Downtown Memphis Commission anticipates issuing in about two weeks a request for proposals to potential developers of the 100 North Main Building and the entire block it towers above.
Over the course of the 12-year payment-in-lieu-of-taxes agreement, the increase in taxes generated by the project is estimated at more than $3 million.
The piece, entitled “Subterranean River,” stretches 161 feet and 80 feet on each side, featuring symbols that portray the Mississippi River as a passage for commerce. LED lights shine on the shimmering sequins to mimic the movement of water.
At a meeting Wednesday, Jan. 5, local artists’ colorful image for the Hyatt Centric — on a concrete wall facing the intersection of Beale and Wagner streets — will be considered.
“Expanding docks to accommodate more businesses to bring more visitors to Memphis could only be a great thing,” said President and CEO of the Downtown Memphis Commission, Paul Young.
The Downtown Memphis Commission affiliate Center City Development Corp. will decide whether to expand the South City Good Neighbor Grant program when it meets Wednesday, Dec. 15.
The creation of the Peabody Hotel Surcharge will finance capital investments to the property totaling more than $125 million over the next 30 years for long-term preservation.
The BuildDowntown Master Plan and the South City Good Neighbor Grant program both won awards from an international institution for their city planning efforts.
See exclusive renderings.
Because the development team received a 20-year PILOT earlier this year, the Design Review Board is required to approve new construction.
The home health company’s decision to move a short distance from 40 S. Main to 30 S. B.B. King Blvd. reflects commitment to the area.
The Downtown Memphis Commission wants to address the long-term problems associated with Downtown parking.