University Lofts project to add 105 apartments to Edge District
Jonesboro-based Six Land Company is planning to demolish the former Holliday Flowers site and build a $15.3 million, 105-unit apartment complex overlooking The Ravine.
Topic: Downtown Memphis Commission
RSSThere are 212 article(s) tagged Downtown Memphis Commission:
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October 2022
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Developer seeks tax incentives for $46M Medical District apartment complex
Texas-based Hunington Properties wants a 12-year PILOT for its 286-unit Vic on Union development at the former Office Depot site at 785 Union Ave.
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September 2022
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Malone Park Commons receives $150,000 development grant
Uptown’s Malone Park Commons sought the special grant after rising construction costs increased the budget, according to staff reports.
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Uptown’s Malone Park seeks $150,000 special development grant from CCDC
A special development grant for Malone Park Commons in Uptown is on the upcoming Sept. 14 Center City Development Corp. agenda.
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DMC board approves Grand Hyatt, One Beale financing
On Tuesday, Center City Revenue Finance Corp. board members approved financing for the Grand Hyatt hotel and final phase of One Beale development.
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Downtown board approves PILOTs for Greyhound Complex, Crump Blvd. development
Discussion of $226 million Sheraton renovation project was delayed to Oct. 11.
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$226M renovation, 300-room expansion proposed for Downtown Sheraton
The existing restaurants and bars will be converted into an upscale Memphis-themed sports bar. Additionally, an event deck will be built on the second floor, according to the application.
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August 2022
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Downtown board wants 10-year PILOTs to be norm
A series of sticks and carrots also encourages developers to get in the affordable housing market.
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Evelyn and Olive building approved for exterior grant
In addition to the 620 Madison Ave. property, the board approved a $25,000 grant for Downtown Wine and Spirits at 105 Madison Ave.
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CCDC to consider three Downtown project improvement requests
Two residential properties and Downtown Wines and Spirits seek exterior improvement grants with the Center City Development Corp.
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Dermon Bldg., University Lofts PILOTs approved by CCRFC
“This is a key historic building in Downtown,” a Downtown Memphis Commission staffer said. “The building has been vacant … we want to see it brought back to use.”
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Historic Dermon Building renovation includes apartments, outdoor pool, dog park
Developers Nick and Sam Patel plan to renovate the historic 10-story Dermon Building Downtown into 103 apartment units.
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July 2022
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Felicia Suzanne’s, Picture Perfect Haircuts, art incubator get grants
Local artist Ephraim Urevbu plans to renovate 825 Jackson Ave. into an artist studio and restaurant on the ground floor and two three-bedroom apartments on the upper floor for artist residencies.
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Felicia Suzanne’s seeks redevelopment grant from Downtown board
Felicia Suzanne’s is one of three businesses seeking grants from the Center City Development Corp.
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Board approves Uptown beer garden, mixed-use building in South Main
The Design Review Board approved site plans for a new outdoor patio at Soul & Spirits Brewery in Uptown and a new mixed-use development along G.E. Patterson Ave. in South Main.
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June 2022
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Gelato shop, florist plan to open in Central Station
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.
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Developer hopes to bring 119 Madison back to life with speakeasy, apartments
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.
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Design Review Board approves plans for former Heartbreak Hotel site
The board approved updated design plans for the project in the Edge District.
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May 2022
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‘How did this happen’ to once-spectacular 100 North Main
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.
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Groove On-Demand Downtown ride share service gains popularity
Ridership is booming at Groove On-Demand, which serves about 1,500 passengers a month with shuttle rides throughout Downtown and the Medical District.
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April 2022
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Beale, Downtown report peaceful weekend amid crowds
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.
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Downtown project gets PILOT extension as developers work on funding
Located Downtown at 251 Union Ave. across from AutoZone Park, The Walk was originally awarded a 30-year, $741 million PILOT in August 2020.
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March 2022
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Watch: Downtown office needs shift as workers return
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.
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A guide: Making sense of economic development terms
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.
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The Peanut Shoppe ready to reopen in new location, remains Downtown
“This business depends on the walking traffic,” said owner Rida AbuZaineh. “It’s like walking on the beach, where there is ice cream.”
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