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EDGE Welcomes New Staff Member

EDGE staff welcomed Ms. Tracy Buckley as the organization’s Manager of Economic Development Programs.  Ms. Buckley will manage project compliance and the back office responsibilities associated with EDGE’s PILOT, TIF, and ICED Loan programs. Ms. Buckley also...

Port of Memphis Navigates Future with Master Plan

The EDGE Board of Directors approved a $327,500 contract for a comprehensive master plan study for the Port of Memphis.  The study will include Presidents Island, the Frank C. Pidgeon Industrial area, and the McKellar Lake Harbor.  A team led by the Pickering Firm...

EDGE/Kresge Partnership Supports Key Redevelopment

In partnership with Community LIFT, a local community development intermediary, and River City Capital, its local Community Development Financial Institution, EDGE applied to the Kresge Foundation for a capital allocation through the Social Investment – Arts &...

Governor’s Award for Excellence Received

Shelby County was awarded the Tennessee ThreeStar Award, and the Governor’s Award for Performance, Accountability, and Efficiency.  Participation in the three-star program is based on an annual evaluation and activity plan.   Administered by the Tennessee Department...

EDGE Works to Bring New Multifamily Development to Midtown

The project located at 1544 Madison Avenue was awarded a 15-year Residential Payment In Lieu of Tax (PILOT) that will enable the developers to build a new $24 million class-A multifamily living facility in Midtown that will help increase population density in a...

Amazon Brings 600 Jobs to Southeast Memphis

Amazon.com.dedc, LLC was awarded a 15-year Jobs Payment In Lieu of Tax (PILOT) that will encourage the company to create 600 new jobs for a state-of-the-art “receive center” to support Amazon’s North American fulfillment network. The $62.9 million investment will be...

Shoulder Dog Returns to New Chicago Neighborhood

Construction is almost complete at Three Sisters Deli (1392 Kney) located in the New Chicago neighborhood.  Approved by the EDGE Finance Committee in November 2016, Three Sisters Deli is a family-run business that will offer hot, ready-to-eat sandwiches and salads.  ...

Balancing tax breaks with competition for jobs

EDGE Board Chair, Mr. Al Bright was featured as a Guest Columnist in The Commercial Appeal, Thursday, September 21 regarding PILOT effectiveness.   The public has a lot of questions about the Economic Development Growth Engine (EDGE) and its Payment In Lieu of Tax...