$400M Cordova project breaks ground
“This is a wonderful Christmas present for Cordova,” Memphis City Councilwoman Rhonda Logan said. “This will be the catalyst needed for Cordova … and is a perfect example of a public-private partnership.”
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“This is a wonderful Christmas present for Cordova,” Memphis City Councilwoman Rhonda Logan said. “This will be the catalyst needed for Cordova … and is a perfect example of a public-private partnership.”
On Wednesday, Sept. 21, Economic Development Growth Engine board members approved the federal eco-friendly incentive for developers.
Heidi Kuhn had sought seven positions but the commission worried it could trigger budget amendments from the other clerks.
The decision was one of several by the Memphis City Council in a Tuesday, July 12, agenda that was heavy with planning and development items.
The 175-acre, $400 million mixed-use development near Colonial Country Club in Cordova is approved for an eight-year tax increment financing (TIF) of up to $23 million.
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