The Port of Memphis received more than $1.7 million in grant funding from the State of Tennessee and an additional private local match to expand rail access and opportunities on Presidents Island. The rail project will be part of an overall redevelopment of the...
In February 2019, GMACWorkforce hosted a 20-member delegation from the Jobs for the Future (JFF) Congressional Staff Network on Economic Advancement. Participating Congressional staff included members of the United States Senate HELP Committee, House Education &...
In January 2019, EDGE worked with representatives from Riviana Foods, Inc. to secure a seven-year Jobs Payment-In-Lieu-of-Tax (PILOT) that will create 43 new jobs with an average salary of $43,000 and assist the company’s expansion in Memphis and Shelby County. If...
With assistance from EDGE through its Payment In Lieu of Tax (PILOT) program, transportation and logistics company, Power Transport plans to revitalize a vacant and underutilized collection of buildings on 8.5 acres near the Memphis International Airport and expand...
The International Port of Memphis was awarded a $1.7 million Competitive Rail Connectivity Grant from the Tennessee Department of Transportation. The grant will help expand rail service on Presidents Island at the 58-acre public terminal facility. The project will...
EDGE: Economic Development Growth Engine Board of Directors awarded two Payment In Lieu of Tax programs to an agricultural technology company, Indigo, and transportation and logistics company, Power Transport. EDGE Board of Directors awarded a 15-year personal...
Presented at a joint meeting of the Memphis & Shelby County Port Commission and EDGE, a new master plan for the Port of Memphis calls for infrastructure upgrades to Presidents Island and a short, middle, and long-range plan to help maximize the impact of 2,300...
Developed by a team of Memphis-based investors, the Parkside at Shelby Farms Park project was approved for a 20-year TIF.   The project is one of the largest private development projects in the City and County in recent decades and will generate substantial tax...
The Council of Development Finance Agencies (CDFA) awarded EDGE the 2018 Distinguished Development Finance Local Agency Award. EDGE was recognized for tackling particularly complex and challenging financing concerns and the innovation of financing tools. The award...
