The Center City Development Corporation (CCDC) is a nonprofit entity with a nine-member volunteer board, including the chair, vice chair, and secretary of the DMC Board, and six others appointed by the Downtown Memphis Commission.
The CCDC was chartered by the City of Memphis, Shelby County, and the State of Tennessee to promote redevelopment and combat the deterioration in the Central Business Improvement District (CBID). Additionally, the CCDC acts to expand employment opportunities, increase personal income, establish and finance business ventures, coordinate governmental planning, promote housing development, and promote the common good and general welfare of the Center City.
The CCDC acts as a developer for key Downtown projects and offers low-interest development loans to property owners who renovate, redevelop, or stabilize properties in the CBID.
Current CCDC Incentives:
Michael B. Chance