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.
There are 203 article(s) tagged Downtown Memphis Commission:
Good morning, it’s Friday, Dec. 13, and today, Gov. Bill Lee will be in town to make an economic development announcement.
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.
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.
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?
How do you jump-start nearly $1.4 billion worth of new apartments, stores and offices? A Downtown board answers that by approving $306 million worth of tax incentives, with $143 million more to come from other sources, for two large developments.
A pair of $1 billion-plus Downtown development projects that would require heavy doses of public incentives are scheduled for an initial vote on Monday, Dec. 2.
18 Main, led by New York real estate developer Tom Intrator, has submitted applications for tax incentives for five Downtown Memphis projects valued at more than $100 million.
Tom Intrator's development group 18Main wins tax relief for $104 million in projects on South Main and South Front Downtown.
DMC Vision Awards focus on year of innovation in Downtown development.
The Downtown Memphis Commission voted 6-3 Friday, Oct. 18, to uphold its Design Review Board's approval of the design of Peabody Falls apartments in Midtown.
Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.
Prospero Health plans to invest $1.5 million and hire 249 workers in Memphis, setting up operations in One Commerce Square Downtown.
Developers are seeking tax incentives Tuesday, Sept. 10, on adaptive reuse projects at 82-88 South Main at Union, 99-105 South Front in Cotton Row district, and 345 South Main.
A court filing appears to confirm what Raymond James has yet to acknowledge: The company is moving from Downtown to the Ridgeway Center office park in East Memphis.
The scale of images on the art walk in four historic Downtown alleys invites selfies. “We expect to lose some of our crowd as people stop and Instagram the murals,” said Penelope Huston of the Downtown Memphis Commission.
The W.C. Handy House and Museum in the Beale Street entertainment district will reopen Saturday with a parade and live music.
Mud Island River Park was a hive of activity Saturday, as community organization Neighborhood Heroes led Memphis kids in superhero-related activities meant to inspire mental and physical wellness, while the Downtown Memphis Commission threw a party to celebrate summer birthdays.
Yvonne Bobo's project to create space for 15 artists and a nonprofit called Off the Walls that will serve at-risk youth and adults in South City may receive additional incentives.
Cafe Lit, a literature-themed, multistory supper club with live entertainment, could bring more nightlife to Madison Avenue.
The owners of the Cupboard Restaurant plan to add an “Express Grab & Go” component to their shipping and receiving and catering office on Carolina Avenue.
Some neighbors surrounding a proposed apartment building off Peabody Avenue have concerns about height, but in a zoning district that allows multifamily construction, the developer has the right to build it three stories high.
Established Downtown Memphis businesses trade monthly rent for mortgage payments instead.
Downtown Memphis has more than adequate parking, but access to the lots, signage and condition of facilities are often so unsavory, many users believe parking in the city core is frustrating at best, dangerous at worst.
Construction on a $1.8 million mixed-use project on Monroe by the owners of McEwen’s restaurant could begin next month.
AutoZone seeks a 15-year tax incentive in return for expanding its Downtown Memphis presence with a $145 million investment and addition of 130 jobs.