Get Down Memphis

Arcade Building gets incentives for renovation and expansion of South Main restaurant

The historic Arcade Building in Downtown Memphis will be renovated and its Arcade Restaurant expanded in early 2019.

Renovations of a previously vacant commercial bay will give the restaurant new bathrooms, a lounge area with a liquor bar, a separate coffee bar and about 50 additional seats. The project expands the restaurant's second room, leaving its front room unchanged. 

Read more

Wiseacre expects to bring at least 40 jobs to Downtown with new brewery

The new Wiseacre brewery planned for Downtown cleared a hurdle with the approval of a 15-year payment-in-lieu-of-taxes incentive Tuesday morning.

The PILOT will save Wiseacre about 75 percent of its property tax obligation each year the incentive is in place. 

Brett Roler, vice president of planning and development for the Downtown Memphis Commission, said the project will be a boon for the neighborhood. At the corner of B.B. King Boulevard and Vance Street, the brewery and taproom is expected to serve as a connection point between the South Main and South City developments.

"We know that local breweries and taprooms can really be catalytic for emerging neighborhoods and help attract people and investment into neighborhoods," Roler said before the Center City Revenue Finance Corp. unanimously approved the PILOT.

Read more

Planned $5.7M urban park gets grants to pick up where Union Row development ends

About one block east of where the massive Union Row development ends near Union Avenue and Danny Thomas Boulevard, a separate public-private development could pick up, now that two grants worth $700,000 were approved Wednesday.

The development, named The Ravine, is a $5.7 million mixed-use urban park.

Its westernmost point begins near the corner of Madison Avenue and South Lauderdale Street. It would stretch diagonally past High Cotton Brewing Company, include an overpass over Monroe Avenue and continue for one more block to Union Avenue.

Read more

Build Up Not Out

Since the announcement of the proposed $950 million Union Row development, there has been much discussion about what this project means to Memphis and Shelby County. There is no question that an investment of this scale within our urban core signifies momentum. The concept is visionary. The investment is unprecedented. And the access it provides to the neighboring communities is game-changing.

Together with developers, elected officials, and city and county leaders, the Downtown Memphis Commission is building a Memphis that is investible — a Memphis that has momentum and a Downtown for everyone.

Read more

Upcoming Meetings

Please click on the meetings below for more information:

DMC Board

Jan. 17, 2019

Center City Development Corporation

Jan. 16, 2019

Center City Revenue Finance Corporation

No upcoming meetings

Design Review Board

No upcoming meetings

Downtown Parking Authority

No upcoming meetings

Downtown Dashboard 2018

Browse our interactive, online 2018 fiscal year State of Downtown Dashboard, a comprehensive economy activity lens into the DMC’s latest investments and activations across Downtown Memphis.
Learn More »

Downtown Property PILOTs

Learn how Downtown Property PILOTs help put blighted properties into active uses without reducing taxes.
Learn More »

Have an Idea for a Downtown Event?

Learn how our Event & Activation Grants can help make your idea a reality!
Learn More »
New Development Shaping Downtown
More than $3 billion in new development projects are underway in Downtown. Check out this overview to see how Downtown is changing.
Learn More