The EDGE Finance Committee approved a $20,000 Inner City Economic Development (ICED) Loan that will assist HopeWorks with a complete restoration of their main offices. Situated along Summer Avenue in a 13,000-square-foot former bank building, HopeWorks is a...
The Economic Development Growth Engine (EDGE) Board of Directors approved a twelve-year Payment-In-Lieu-of-Tax (PILOT) project for NouriTech, Inc. located on Presidents Island. For the terms of the PILOT, NouriTech, Inc., will invest a total of $120 million in capital...
The Economic Development Growth Engine (EDGE) Board of Directors approved a 15-year Community Builder Payment-In-Lieu-of-Tax (PILOT) project for Neighborhood Docs. Neighborhood Docs plans to provide state-of-the-art healthcare services to the surrounding...
The EDGE Board of Directors authorized EDGE to move forward to prepare the appropriate policies and procedures for a PILOT test program for developers of multifamily residential. If these proposed policies and procedures are approved by the EDGE Board, the EDGE...
The meeting will be conducted by permitting participation by telephonic means of communication by the Board. Call to Order/Roll Call Public Comments Chairman’s Opening Comments Bylaw Amendments Fiscal Year Revision EDGE/GMACWorkforce Service Agreement Other/Remarks...
Situated on the edge of the newly revitalized University District, The Choo is a family-owned and operated casual dining restaurant housed in the former Buntyn Rail station ticket office. For several years, the building sat vacantly and in disrepair until it was...
Economic Development Growth Engine (EDGE) Board of Directors voted unanimously to accept the Greater Memphis Alliance for a Competitive Workforce (GMACWorkforce) proposal to align itself with EDGE. GMACWorkforce will join the Memphis and Shelby County Port Commission,...
The Economic Development Growth Engine (EDGE) Board of Directors approved two Jobs Payment-in-Lieu-of-Tax (PILOT) requests from Ebrofrost North America, Inc., and Nucor Steel Memphis, Inc. EDGE Board approved a seven-year Jobs PILOT for Ebrofrost North America, Inc....
Champion’s Pharmacy & Herb Store (2369 Elvis Presley Boulevard), a family-owned business started by Dr. Charles Champion in 1981 and now owned by his daughter, Dr. Carol Champion, was approved for a $20,000 EDGE Inner City Economic Development (ICED) Loan. The...
River, road, rail, and runway have long been recognized as strategic advantages for Memphis-based companies. But now, several innovative manufacturers, including Sharp Manufacturing, Cummins, and Brother Industries, are using another source to maximize their presence...
An open and public meeting of the Board of Directors and Executive Committee Meeting of the Shelby County Joint Economic and Community Development Board (JECDB) will be held on Thursday, March 20, 2025 at 9:00 a.m.
The session underscored the importance of collaboration between government, business leaders, and community organizations in promoting economic growth.