Agency makes grants more affordable to South City businesses
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.
Topic: Downtown Memphis Commission
RSSThere are 74 article(s) tagged Downtown Memphis Commission:
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June 2020
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Agency may increase grants for South City businesses because of pandemic
The Downtown Memphis Commission staff recommends that grants for exterior improvements to South City businesses start covering 90% of the costs instead of 75%.
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Building permit sought to renovate historic buildings for restaurant, apartments
Project plan is to convert upper floors of four, attached buildings into six apartments, and enlarge McEwen's restaurant.
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Downtown draft plan: Build vertical, include everyone, enforce standards, make it walkable
The Downtown Memphis Commission has just unveiled a draft master plan that could guide Downtown development for the next decade. The DMC will seek public response through June.
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May 2020
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Mom taught me to hope, and to ask ‘why not us?’
The Stockwell and Abbott families started a Downtown lunch spot 40 years ago that inspired a son’s lifelong belief in city-building: ‘Nine-year-old me didn’t doubt Downtown could rally, because I had seen my own family do it.’
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April 2020
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Pedestrians may be missing, but cranes are still moving Downtown
Downtown projects at One Beale, FedEx Logistics' headquarters and Union Row are working toward completion. What's missing in the pandemic is pedestrian vibrancy.
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46 Downtown businesses given $260,000 to help survive pandemic
Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).
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$65,000 in forgivable loans approved for 13 Downtown businesses
The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses.
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Downtown’s forgivable loan program grows by $60,000
The Center City Development Corp. has added $60,000 to the money available to help small Downtown businesses survive the effects of COVID-19.
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Downtown agency rushes love and money to distressed businesses
Twenty Downtown businesses severely impacted by the coronavirus pandemic have now received forgivable loans totaling $135,000.
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A. Schwab, Peanut Shoppe among businesses seeking emergency loans
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.
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Forgivable loans approved for 8 Downtown businesses
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.
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March 2020
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Downtown board navigates pandemic to help Raw Girls
Members of a Downtown Memphis Commission board used a teleconference to keep their social distance and to approve a $30,000 grant to bring the healthy food business to Peabody Place.
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February 2020
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Cigar bar plans two-story humidor, performance area with Downtown loan
Havana Mix will also add a new restaurant into Downtown retail space never before occupied.
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Renovation will return big windows to historic Cycle Shop
A Chattanooga-based real estate firm is collaborating with an Edge District developer to carry out a $3.6 million adaptive reuse of the Memphis Cycle Shop building.
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January 2020
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New details revealed for Snuff District, Poplar Art Lofts
The Snuff District proposal would create more than 40 new waterfront townhomes in Memphis, along the river harbor.
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Retail-ready spaces coming Downtown
The Downtown Memphis Commission staff particularly liked that the three ground-floor retail bays are virtually ready now for tenants.
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Loews Hotel gets final OK on 16-story project
Board approves signage, light and art for series of other projects including Equality Trailblazers monument.
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Economic alliance aims to attract 3,800 jobs, $1.1 billion in projects in 2020
The Regional Economic Alliance announced goals for 2020 on Thursday, Jan. 8: 68 projects, 3,800 jobs, $1.1 billion in capital investment, $109 million to minority and women-owned enterprises.
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Short-term rentals, retail proposed for S. Main building
A New York developer plans to convert one of the South Main District's brick, two-story buildings into 18 short-term rental apartments and three ground-floor retail bays.
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New public art, signs proposed for Downtown
The Downtown Review Board will consider public art and signage for a number of projects, including Wiseacre Brewing Co., a suffrage monument and Sugashack on Beale.
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December 2019
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The Early Word: Governor comes to town and incentives are WAY up
Good morning, it’s Friday, Dec. 13, and today, Gov. Bill Lee will be in town to make an economic development announcement.
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Downtown incentive projects hit ‘all-time high’ in 2019
Downtown Memphis Commission-affiliated agencies provided incentives to 52 projects, from mega-projects to mom-and-pop retailers, during 2019. That was the most activity ever for the 42-year-old Downtown revitalization agency.
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DMC board eyes closing loophole that allowed appeals by Peabody Falls critics
The Downtown Memphis Commission has pulled from the agenda of its Thursday, Dec. 12, meeting a proposed bylaws change limiting appeals of design review board decisions to project applicants.
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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?
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