MPD launches Downtown traffic control safety plan
The announcement follows the injuries of eight people during a shooting at South B.B. King Boulevard and Peabody Place at 2:33 a.m. Sunday, Aug. 13.
There are 194 article(s) tagged Downtown Memphis Commission:
The announcement follows the injuries of eight people during a shooting at South B.B. King Boulevard and Peabody Place at 2:33 a.m. Sunday, Aug. 13.
For 901 Day, Cristina McCarter is looking for “any Memphis-made business owner or maker that is very ‘Memphis eccentric.’”
The project “increases Downtown housing options and diversity of offerings by adding unique cottage-style housing product to the market,” according to a report from the Downtown Memphis Commission.
The restoration of the Cycle Shop itself is nearly complete, with the expected groundbreaking for the multi-family element of the project set for early 2024.
A new housing development project planning to fill a long-vacant lot in the Peabody-Vance neighborhood received a tax incentive from the Downtown Memphis Commission.
“In the time since the PILOT was approved, macro-economic conditions in the real estate industry have not only not improved but have instead deteriorated further,” one of the developers wrote in a letter attached to the extension request.
Built in 1965, the building includes 400 parking spaces in a four-story garage and 156,342 square feet of leasable office space in the 10 floors above.
The Downtown Memphis Commission kicked off its free beginners’ bike class series in the Raymond James parking lot, starting with the basics.
“The astonishing thing about this campaign is that the first $100 million was raised without a rendering or a clear visual of what the new museum will look like.”Related story:
New York-based Left Lane Development LLC will ask the Downtown Memphis Commission’s Center City Revenue Finance Corp. for a 12-year PILOT for the redevelopment project.
The Mobility Center, scheduled to open in July, already has four parking spaces that are equipped for the installation of electric chargers for public use.
“The new garage is ultimately redundant and serves only to improve the mobility of people who can afford to drive.”
Tawanda Pirtle plans to expand the store into the adjacent storefront at 511 S. Main St.
The most notable changes to the tax incentives are the length of the program and a focus on affordable housing.
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.
One of the renovations will include an art gallery and retail area, as well as alley improvements.
The Center City Revenue Finance Corp. will vote on changes to its payment-in-lieu-of-taxes incentive program at its Feb. 5 meeting.
The Downtown Memphis Commission celebrated 2022’s developments at its State of Downtown event at the New Daisy Theatre on Thursday, Jan. 12. At the event, they announced parking incentives for some Downtown workers.
The Downtown Memphis Commission is working on bringing the historic New Daisy Theatre back online next year after being vacant since 2018. The venue will host its first event on Jan. 12.
As an influx of projects slowly but surely rise against Downtown Memphis’ horizon, the city inches toward walkability. But “you don’t get walkable communities thinking solely of pedestrians.”
This is the third time that closing dates for the near $1 billion development, slated for Union Avenue near Danny Thomas, have needed to be restructured.
Tom Intrator is developing a number of Downtown properties with the help of PILOTs. Related story:
On Wednesday, Nov. 16, the developers of 100 N. Main shared an updated timeline for the renovation of Downtown Memphis’ tallest building.
This week’s Inked covers the October 2022 real estate report, new PILOT for 47 S. Main St. and updates on Vic on Union and 280 Vance Ave.