Downtown agency approves changes in how public money will help build The Walk

By , Daily Memphian Updated: August 11, 2020 1:49 PM CT | Published: August 11, 2020 12:03 PM CT

The Center City Revenue Finance Corp. approved 30 years of property tax savings that will fund $134.6 million of the $741 million development’s costs, and a 5% tourism surcharge that is estimated to provide $20.8 million for the project. 

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Topics

Union Row The Walk on Union Kevin Adams Center City Revenue Finance Corp. Downtown Memphis Commission
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


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