There are 26 article(s) tagged Tom Intrator:
Intrator purchased the five-plus acres in 2019 for a proposed $1.1 billion Pinch District project; it was expected to include two hotels, 900-plus apartments and 220,000 square feet of office space.
The Downtown Memphis Commission has filed eight lawsuits against Tom Intrator through its anti-blight committee.
The project, which received key approvals in 2019, ran into the buzzsaw of the pandemic, and then the developer blamed higher interest rates after the pandemic for delays.
Riggy’s hopes to provide greater truck parking and storage solutions to the logistics industry, including its facility planned for South Memphis at 5178 Citation Drive at East Holmes Road.
Most notably, the eastern portion of the building will consist of a new tower that ties into the original frontage on Main Street.
Developer Tom Intrator said the Dream Hotel planned for South Main could break ground as early as November. First phase of Intrator’s Pinch District gets closing deadline modificationRelated content:
Developer Tom Intrator received closing deadline modifications for three of his Downtown projects that already have tax incentives.
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.
About 26 results