Central Yards receives tax incentive

By , 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 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.

Comment On This Story

Become a subscriber to join the discussion.
Email Editions

Sign up for our morning and evening editions, plus breaking news.

Manage Your Email Subscriptions