EDGE expected to approve eco-friendly, federal incentive this month
To qualify, developers would have to invest at least $1 million in energy efficiency improvements or projects to reduce lead in drinking water.
Topic: economic development
RSSThere are 112 article(s) tagged economic development:
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September 2022
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July 2022
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EDGE approves property acquisition near Firestone Plant, Riviana Foods PILOT
The Memphis and Shelby County Economic Development and Growth Engine board approved the acquisition of 27.45 acres near the Firestone Tire & Rubber Co. plant.
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Outgoing Memphis Chamber CEO looks back on her tenure
Outgoing Greater Memphis Chamber Beverly Robertson talks on “Behind The Headlines” about the chamber’s role in the “fourth industrial revolution” represented by the Ford plant in Haywood County and what that means for “legacy” businesses not yet in that revolution.
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June 2022
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Chamber announces Prosper Memphis initiative: It’s Memphis vs. errrbody
The Greater Memphis Chamber of Commerce shared the Prosper Memphis 2030 initiative, aimed at creating 50,000 more jobs and improving STEM vocational training for minority residents.
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May 2022
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Inked: Texas firm submits plans for $16.9M warehouse, Shapiro Architects move to the Edge District
This week’s Inked shares news on a proposed spec warehouse development on Clarke Road, a new HQ for Shapiro & Co. Architects and updates on Memphis’ job market recovery
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Water Tower District underway at Schilling Farms
The Water Tower District at Schilling Farms is underway. The mixed-use development is pursuing its retail components.
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January 2022
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Ford Megasite: United Auto Workers may have edge in organizing Blue Oval City
What’s the difference between “card check” and a secret-ballot vote? Perhaps the unionization of the mammoth Blue Oval City that Ford Motor Co. plans to build just east of Memphis.
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December 2021
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Guest column: It’s been a ‘hell’ of a year, now let’s get to work
Beverly Robertson: “As Memphis increasingly becomes a city of choice for innovators in advanced industries, we need to be ready to scale our regional workforce development.”
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November 2021
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IMC growth leads to expansion in Collierville
IMC will move its headquarters to Collierville in the next few weeks. However, the company is already looking to expand within the town.
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Ford Megasite: Motor Co. returns to roots in ‘vertically integrated’ Blue Oval City
Blue Oval City’s 3,600 acres will include space for a supplier park. Still, state officials anticipate some suppliers locating near the Megasite of West Tennessee.
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October 2021
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Watch: Road to $5.6 billion Ford plant bypasses state’s automotive corridor
Two economic development veterans with experience in the state’s Middle Tennessee auto corridor talked on Behind The Headlines about the coming ‘gold rush’ of growth related to the Ford plant that they say will reach Memphis.
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Courting Ford: How the Memphis Megasite was chosen as the winning site
Memphis area industry recruiters share stories of how West Tennessee landed “the big one.”
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Collierville, Germantown ‘charged’ about Ford site
Economic leaders in east Shelby County expect to see the impacts of Ford in their communities.
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September 2021
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Downtown Mobility Center will go before the Design Review Board
The massive mixed-use building will be part of a $62 million parking overhaul across Downtown Memphis.
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August 2021
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EDGE Board approves tax break for Memphis Record Pressing
Vinyl record sales are at a 30-year high. Thanks to market conditions, Memphis Record Pressing LLC asked the EDGE Board for a Fast Track PILOT to expand.
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EDGE reveals 10-year PILOT recipient spending
Since its formation in 2011, the EDGE board has awarded 99 PILOTs to businesses seeking tax incentives.
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Bartlett maker of vinyl records plans expansion, including into Memphis
Memphis Record Pressing LLC credits the resurgent popularity of vinyl records for its plans to expand in Bartlett and Memphis.
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June 2021
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Helen of Troy building 2M-square-foot fulfillment center near Memphis
Despite being automated, the distribution center will employ 350 people.
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EDGE awards Whitehaven economic development group 100K grant
EDGE awarded a $100,000 grant focusing on Whitehaven as part of a large effort to work with local economic development partners throughout the county.
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Governor ramps up support for W. Tenn. ‘megasite’
Gov. Bill Lee is ordering more aggressive marketing and pushing a $52 million infrastructure investment in the Memphis Regional Megasite, located in Haywood County.
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May 2021
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Further business expansions in Frayser bring more optimism
Community leaders are optimistic the current trajectory of one of Memphis’ largest Black neighborhoods is trending upward after years of disinvestment.
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3 new projects emerge, totaling $62M in investments, 200-plus jobs
Walgreens plans a new distribution center in Memphis with 200 jobs. Ampro plans a $30 million expansion in Frayser. And an old shopping center with a huge presence in the Heights neighborhood may be renovated.
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Hollywood-scale film lot planned for Memphis
The application states that the 85-acre filmmaking studio will rival any facility in Hollywood, Atlanta or London.
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Site Selection magazine honors Memphis Chamber, EDGE
For the second consecutive year, the EDGE and Greater Memphis Chamber have received a top 25 honor by Site Selection magazine for their work in 2020 to recruit jobs and investment.
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April 2021
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Amazon confirms two new Memphis-area facilities
Amazon confirms plans to build two more facilities in the Memphis area, one in Frayser/Raleigh and the other in Byhalia, Mississippi.
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