Local architect has $575K in liens against NY developer
Tom Intrator is developing a number of Downtown properties with the help of PILOTs. Related story:
There are 19 article(s) tagged Tom Intrator:
Tom Intrator is developing a number of Downtown properties with the help of PILOTs. Related story:
The sentiment among almost anyone who can read a balance sheet is developments that couldn’t get off the ground in the past three years are going to need a lot more than luck in the inflation the Federal Reserve is trying to control with interest rates. Local architect has liens against New York developer totaling $525kRelated story:
The new $99.3 million plan will include a 181-room hotel, four restaurants and bars, and 10 high-end apartments. There are five Dream Hotels located in the U.S., including one in Nashville.
Tom Intrator’s 18 Main is seeking a 20-year PILOT and tourism surcharge for an updated Dream Hotel project.
Buildings as tall as 100 North Main would be allowed in the Pinch District after a 5-1 vote by the Memphis and Shelby County Board of Adjustment on Wednesday. Mixed-use projects in Medical District, former Porter Junior High School site approvedRelated story:
The Memphis and Shelby County Board of Adjustment waived an agenda item regarding height changes for the Pinch District development following two board member recusals.
Downtown developments are ‘moving in the right direction,’ though some more slowly than others.
New York-based developer Tom Intrator has also secured funding for his separate, $1.1 billion project in the Pinch District.
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.
Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.
The maker and retailer of modern-design ceramic products is growing and needs more space. Paper & Clay will move into a building vacated by the closing of Bumpus Harley-Davidson on South Main.
This is and always has been a city of promise, and a city that fails to live up to it time and time again.
'Imagine someone wrote you a letter describing who you are, what you need to do, and how you should go about it. Imagine it wasn’t someone you really knew, and yet they act like they know you better than you know yourself. That’s kinda how we feel.'
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?
Tom Intrator, 18 S. Main developer, took the concept of aligned development to City Council members Tuesday as they reviewed a unique tax incentive for the $1.1 billion project that is a PILOT used like a TIF.
Historic preservation advocates cast a wary eye toward a developer's $1.1 billion plan to transform the Pinch historic district into 2.8 million square feet of apartments, hotels, offices and retail.
The $544 million first phase would include 942 apartments, 406 hotel rooms, 160,000 square feet of retail and 200,000 square feet of office.
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.
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