EDGE approves 15-year incentive for massive high-speed internet project
The Economic Development Growth Engine for Memphis and Shelby County (EDGE) approved the 15-year PILOT incentive for Blue Suede Networks to install fiber internet across 85% of Memphis, including low-income areas, over five years with 75% abatement of personal property taxes on Wednesday, Feb. 21. (Sophia Surrett/The Daily Memphian)
With Memphis’ internet speeds among the slowest among major cities, EDGE officials say this project is an opportunity for growth.
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Blue Suede Networks EDGE PILOTSophia Surrett
Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers commercial real estate, economic development, residential real estate, restaurant real estate, and hospitality and tourism.
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