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In the News

TVA and Port of Memphis Clearing Way for Progress

On Friday, February 3, 2023, TVA and the Port of Memphis reached an exciting new milestone for the Allen Restoration Project—the implosion of the three 400-foot-tall stacks at the retired Allen Fossil Plant. Removal of the stacks bring TVA and the Port of Memphis one step closer to the shared goal of restoring the site for future economic development. 

The Allen site is a critical component of the Port master redevelopment plan. Initially implemented in 2019, this plan includes major infrastructure upgrades to Presidents Island and a short, middle, and long-range plan to help maximize the impact of 2,300 acres of under-developed industrial land in the adjacent Frank C. Pidgeon Industrial Park.

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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 in Memphis. The funds will be used to improve energy efficiency, resiliency, and HVAC operating for the new buildings.

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EDGE Media Contact:

Sarah Thomson
Marketing & Communications

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