There are 57 article(s) tagged economic development:

• September 2019

  • Good sign? Pallet maker plans big expansion

    The Pallet Factory has been making pallets for 42 years.

    By Tom Bailey September 04, 2019

• August 2019

  • 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. 

    By Tom Bailey August 30, 2019

  • 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.

    By Tom Bailey August 28, 2019

  • 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.  

    By Tom Bailey August 20, 2019

  • 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.

    By The Daily Memphian Staff August 19, 2019

  • 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.

    By Wayne Risher August 15, 2019

  • 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.

    By Tom Bailey August 15, 2019

  • Medline quietly takes 450 jobs to Mississippi

    A medical supply company is moving distribution operations to Southaven, creating 450 jobs there.

    By Tom Bailey August 09, 2019

  • 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.

    By Wayne Risher August 09, 2019

  • 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.

    By Wayne Risher August 08, 2019

• July 2019

  • $2.6M building permit filed for Pandrol

    EDGE approved a 15-year Community Builder PILOT for Pandrol USA in May.

    By Elle Perry July 26, 2019

  • 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.

    By Tom Bailey July 24, 2019

  • 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.

    By Tom Bailey July 23, 2019

  • 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.

    By Tom Bailey July 21, 2019

  • 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. 

    By Elle Perry July 12, 2019

  • 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.

    By Omer Yusuf July 11, 2019

  • 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. 

    By Michelle Corbet July 10, 2019

• June 2019

  • 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.

    By Tom Bailey June 24, 2019

  • AutoZone secures tax abatement for Downtown expansion

    AutoZone is approved for a tax incentive to expand its Downtown presence into a “campus environment.”

    By Michelle Corbet June 20, 2019

  • Snuff District revealed in new renderings

    Newly released architectural renderings have revealed what  the 55-acre, nearly $200 million Snuff District mixed-use development will look like in Uptown next to the Wolf River Harbor.

    By Tom Bailey June 17, 2019

  • AutoZone plans expansion, $145M investment Downtown

    AutoZone seeks a 15-year tax incentive in return for expanding its Downtown Memphis presence with a $145 million investment and addition of 130 jobs.

    By Tom Bailey June 15, 2019

• May 2019

  • Memphis implant firm grows rapidly, draws majority investor

    A private-equity firm has bought controlling interest of the rapidly growing CrossRoads Extremity Systems, which was founded in Memphis less than five years ago. 

    By Tom Bailey May 14, 2019

• April 2019

  • My City Rides revs up motor scooter campaign for Memphis

    The nonprofit My City Rides is gearing up for a more aggressive second year to promote its motor scooter sales as an answer to the transportation challenges for many Memphians.

    By Tom Bailey April 28, 2019

  • Dulberger: IKEA seems 'committed to making the Memphis store work'

    Despite creating fewer jobs and paying lower salaries than promised, EDGE CEO and president Reid Dulberger says IKEA is committed to its Memphis store.  

    By Michelle Corbet April 17, 2019

• March 2019

  • EDGE holds Graceland TIF public hearing, approves Midtown project

    A public hearing on Graceland expansion drew no public comments, and changes to a tax abatement agreement for Midtown apartments sailed to easy approval Wednesday.

    By Wayne Risher March 21, 2019