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EDGE Launches First C-PACER Project

EDGE’s first Commercial Property Assessed Clean Energy and Resiliency (C-PACER) project is a $2.18 million loan for the construction of the future Uptown Studios and Storage to be built on the adjacent lot by the former Schlitz Brewery in the Dixie Greyhound Complex...

Local Minority-Owned Family Business Awarded ICED Loan for Expansion

Mickey’s Popcorn is a family-owned and operated gourmet small-batch popcorn company that has outgrown its former rental space for their new larger manufacturing factory. Dr. Penny Mickey and Mr. Kenneth Mickey, owners and co-founders of Mickey’s Popcorn, added a...

Finance Committee Member Phil Stevenson Recognized

EDGE honored Economic Development Finance Committee founding member Phil Stevenson at its September meeting. Mr. Stevenson was appointed to the committee board by Al Bright on May 15, 2013, and faithfully served his community throughout his tenure. He currently serves...

Summer Avenue Plans for Neighborhood Revitalization

The Heights General Partnership, lead by Drew Joyner, Octavious Nickson, and Chris Hendrix was approved for a $75,000 ICED loan for three contiguous parcels at 3393 Summer, 3437 Summer, and 610 National. Total project costs are approximately $1.8 million, excluding...

C-PACER Program Leverages Private Funding for Public Good

A sustainability landmark in Memphis was approved at the EDGE September board meeting with the inaugural C-PACER program for Tennessee. Memphis will be the first city in the state to adopt these resiliency measurements for economic growth and will serve as a blueprint...

EDGE Board Approves PILOT for Riviana Foods, Inc. Expansion

The EDGE Board of Directors met today for its monthly meeting and approved a PILOT for Riviana Foods, Inc. Riviana Foods, Inc. is the largest processor, marketer, and distributor of rice products in the United States. This PILOT will assist the company to continue its...