Why did Downtown Loews hotel deal collapse?
“The pandemic put challenges on the hotel market and the lending market, making the economics of our proposed transaction remarkably difficult.”
There are 10 article(s) tagged Loews:
“The pandemic put challenges on the hotel market and the lending market, making the economics of our proposed transaction remarkably difficult.”
City touts Sheraton hotel incentive deal, expansion or not, for boosting ability to host larger conventions, putting tax-exempt land back on tax rolls.
One New York firm is suing another over the breakup of their joint venture to develop a second Memphis convention center hotel using local and state financial incentives.
Memphis Tourism officials touted the economic impact of travel and tourism and previewed future possibilities of a modernized Memphis Convention Center during a hard-hat tour of the construction zone Tuesday.
Townhouse Management Co. says 100 North Main would cost less in public incentives to retrofit as a convention center hotel, compared to the planned Loews on Civic Center Plaza.
A special tax financing district Downtown has ginned up more than $223 million since its inception in 2001, capturing sales tax growth for projects to lure more visitors.
The Tennessee General Assembly has cleared up a couple of issues that created uncertainty for a proposed $220 million Loews hotel near the Memphis Convention Center.
Shelby County Chancellor JoeDae Jenkins on Monday dismissed the Sheraton Memphis Downtown Hotel's petition that sought to block a City Council action favoring public incentives for a Loews hotel.
Shelby County Chancellor JoeDae Jenkins said he'll rule Monday, Feb. 25, on a city motion to dismiss a Sheraton bid to block public incentives for a Loews hotel in Downtown Memphis.
Attorneys for the Sheraton Memphis Downtown Hotel and the City Council squared off in Chancery Court Tuesday over a challenge to public incentives for a new Loews Hotel.
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