Central Yards receives tax incentive

By , Special to the Daily Memphian Updated: January 13, 2021 9:22 AM CT | Published: January 12, 2021 12:15 PM CT

The Center City Revenue Finance Corp. board voted 7-0 to approve a 20-year incentive that will save developers of the $77 million Central Yards project $23 million in property taxes.


Central Yards Center City Revenue Finance Corp. PILOT Clayton Kemker Frank Kemker
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.


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