Raleigh TIF proposal generates excitement, potential for neighborhood
The Raleigh TIF is the first proposed TIF in the neighborhood and is centered around the Raleigh Springs Town Center development along Austin Peay Highway.
Topic: economic development
RSSThere are 62 article(s) tagged economic development:
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October 2019
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EDGE board to vote on implementing TIF district in Raleigh
A portion of the property tax revenue in the TIF district would go toward funding streets, sidewalks and other infrastructure needs in Raleigh.
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Revised plans for Union Row unveiled
New renderings for the 11-acre, first phase of the Union Row mixed-use development show a dense arrangement of apartments, parking garages, hotels and office buildings.
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September 2019
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Room to spare: Medtronic to renovate, lease part of its campus
Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant.
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GWERC director working to help Whitehaven businesses unlock economic incentives
With a population of 40,000 in 2016, the U.S. Census Bureau estimates that Whitehaven’s median income was $39,000 – higher than the city of Memphis at $37,000. -
EDGE approves PILOT for Renasant Bank headquarters
Demolition of two older office buildings to make way for construction of Renasant's new Memphis headquarters is scheduled to begin next month.
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Good sign? Pallet maker plans big expansion
The Pallet Factory has been making pallets for 42 years.
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August 2019
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Amazon footprints elsewhere match that of 'Project Iris'
Plans for three proposed fulfillment centers -- in Memphis, Mt. Juliet, Tenn., and Prince George's County, Md. -- are strikingly similar. And Amazon has linked itself to the Maryland proposal.
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New Uptown parking lots may pave way for St. Jude expansion
Memphis planners are endorsing – with conditions – St. Jude’s request to build rule-breaking parking lots in Uptown because the lots will support the research hospital’s massive expansion.
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Special ground is broken for One Beale
A ground-breaking ceremony on Tuesday morning celebrated the first, $150 million phases of One Beale. Work already has started to erect the Hyatt Centric hotel and Landing Residences at One Beale apartments.
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Surface Dynamics to expand in Bartlett
Bartlett-based Surface Dynamics LLC will expand, creating 110 more jobs and investing $10 million in Bartlett over the next five years.
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Electrolux plant closing postponed to at least June 2021
Workers at Electrolux Memphis cooking appliance factory have a reprieve of up to nine months on a previously announced closing date. Electrolux said it will stay open through June 2021.
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Amazon opens delivery operation in Lamar Corridor
Amazon is now operating its permanent 'delivery station' after renovating an old warehouse near I-240 and Lamar.
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Medline quietly takes 450 jobs to Mississippi
A medical supply company is moving distribution operations to Southaven, creating 450 jobs there.
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Shelby County’s opportunity zones seek investment in 32 census tracts
Memphis and Shelby County economic development organizations are promoting eight newly designated opportunity zone areas consisting of 32 census tracts, 30 in Memphis and two in Millington.
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Regional Economic Alliance ponders united front with suburbs
The Memphis-Shelby County Regional Economic Alliance is considering adding representation from Shelby County suburban cities' chambers of commerce as a way of creating a unified approach to economic development.
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July 2019
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$2.6M building permit filed for Pandrol
EDGE approved a 15-year Community Builder PILOT for Pandrol USA in May.
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Navy relinquishing 42 acres on Presidents Island
Demand is high for industrial acreage on Presidents Island, and the property that the Navy is giving the Port Commission is the largest available undeveloped tract on the island.
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TRUE Sports moving headquarters to Downtown
True Temper Sports has rebranded itself as TRUE Sports and will move its 35 headquarters jobs from the suburbs into Downtown's One Commerce Square.
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Smith & Nephew upgrading its Brooks Road campus
The medical-device maker is adding employees and spending millions to improve facilities at its sprawling complex on gritty Brooks Road.
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South City art space up for DMC Good Neighbor Grant
Yvonne Bobo's project to create space for 15 artists and a nonprofit called Off the Walls that will serve at-risk youth and adults in South City may receive additional incentives.
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Frayser barber close to realizing dream of opening own shop
Carnell Vann has spent the past 10 years trying to open a barbershop in his Frayser neighborhood. Now he's close to realizing his dream.
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Midtown pasta maker secures loan for former Fuel Cafe space
The canopy of the former gas station that most recently housed Fuel Cafe is one stop closer to being closed in to increase seating capacity for a new homemade pasta and pizza restaurant.
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June 2019
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Saia takes another step toward new $15M truck terminal
Saia Motor Freight seeks building permit to build 200-door cross dock just east of Memphis International Airport.
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AutoZone secures tax abatement for Downtown expansion
AutoZone is approved for a tax incentive to expand its Downtown presence into a “campus environment.”
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