The Peabody to become special tourism tax zone
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.
There are 203 article(s) tagged Downtown Memphis Commission:
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.
St. Louis, Missouri-based PGAV Planners will determine if the PILOT program is delivering the desired results of growing the tax base and helping projects happen that couldn’t otherwise.
At its Oct. 12 meeting, the Center City Revenue Finance Corp. is set to approve a plan for reviewing its PILOT program, and it will hear a new PILOT request for a Medical District development.
While the Downtown Memphis Commission prepares for renovations to its own North Main headquarters, it is also evaluating bids for its giant neighbor, 100 N. Main.
The tower at 114 N. Main sits at the corner of Adams Avenue and North Main Street. It shares the block with the Fire Museum of Memphis.
The fate of Memphis’s tallest building is likely to remain unclear until the DMC selects one of the bids. Though there appears to be growing excitement that the high-rise’s days of uncertainty could be drawing to a close.
Proposals include known names like Chance Carlisle and Tom Intrator, as well as ones new to Memphis like Aaron Mesner of Block Real Estate Services.
The period for bids on Memphis’ tallest building is over, culminating in 11 offers.Related story:
“After some of the initial (COVID) restrictions were relaxed in the early spring, we started to see some behavior Downtown that was not what we were used to,” said commission president Paul Young.
Downtown restaurateurs face the same problems their colleagues around town do, but a pared-down office population adds to their woes.
The board of a Downtown agency approved a matching-grant program that offers commercial property owners up to $5,000 to repair their sidewalks.
The owner of 502 S. Second seeks a $50,000 grant to help fund her $1.1 million plan to convert a vacant part of Downtown’s old MGM film warehouse into the Luxe Jazz Suite.
Trolley Night returned for the first time since the pandemic struck last year and South Main Arts District galleries, stores and restaurants were delighted to welcome customers back.
The Downtown Memphis Commission released its request for proposals from any developers considering buying and redeveloping the 100 North Main Building as well as the entire city blocks it stands on.
The opening show features Grammy-winning singer PJ Morton on June 5. Ten more free concerts will follow on Thursdays through Aug. 12 at the newly renovated W.C. Handy Park on Beale Street.
Memphians Cornelius Martin, Marquis White and Matt Roumain founded the Downtown business that combines sales and experiences for customers.
Design Review Board members took a practical approach in unanimously approving the design of a new South Main Street building, parts of which they were not in love with. But the building will add people and life to Downtown.
The rise in popularity of electric cars almost certainly means changes ahead for the automotive industry, but that’s not necessarily a doomsday scenario for companies like Memphis-based AutoZone Inc.
A new Downtown Memphis report tackles this awkward time when gas-powered vehicles still dominate but when the age of electric vehicles is just beyond the horizon.
Chef Sobie Johnson of Flying Sobie’s Gourmet Kitchen will provide the food at the second Ghost River location.