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.
Topic: Downtown Memphis Commission
RSSThere are 213 article(s) tagged Downtown Memphis Commission:
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April 2020
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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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Big tax incentives approved for Union Row, Pinch District
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.
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November 2019
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Downtown developments angle for $449 million in incentives, with more to come
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.
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New York developer seeks incentives for $104 million in Downtown development
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.
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Developer ponies up $104M to fill gaps in Downtown’s recent renaissance
Tom Intrator's development group 18Main wins tax relief for $104 million in projects on South Main and South Front Downtown.
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October 2019
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DMC hands out Vision Awards; Frank Ricks honored for decades of work
DMC Vision Awards focus on year of innovation in Downtown development.
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Midtown residents lose appeal on design of Peabody Falls apartments
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.
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September 2019
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When developers seek incentives should officials check their backgrounds?
Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.
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Prospero Health to set up operations in Memphis
Prospero Health plans to invest $1.5 million and hire 249 workers in Memphis, setting up operations in One Commerce Square Downtown.
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Adaptive reuse projects proposed to fill key Downtown vacancies
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.
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August 2019
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Raymond James signs lease for Ridgeway Center space, court filings show
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.
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Art, history and soccer converge in Downtown 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.
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