One Beale gets city financial backing
A rendering of the proposed Soulsville TIF Retail Redevelopment, which is estimated to generate $3 million total over a 30-year period. Some City Council members worry that won’t leverage much if any private investment. (Courtesy Carson Architects Inc.)
“This is not something we have taken lightly,” said Memphis COO Doug McGowen. “The world has changed and the Loews hotel is not coming. Those are two things that have caused us to act.”
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Memphis City Council One Beale Carlisle Corp. Soulsville TIF Community Redevelopment AgencyBill Dries on demand
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Bill Dries
Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for more than 40 years.
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