The terms of the tax incentive for Sedgwick include the company retaining 865 jobs, creating 130 new jobs, and making $33 million worth of capital investments to its new global headquarters located at 8155 T&B Boulevard.
The new program, which launches in May, will examine ways to streamline the process of cleaning up vacant and blighted properties, an effort that has accelerated in recent years with the founding of groups such as the Blight Authority of Memphis and decrees like the Blight Elimination Charter.
The Bluff on Highland Avenue is open for business following extensive interior renovations.
The $6.8 million project will create 55 jobs and will bring a new Save-A-Lot grocery store, Dollar Tree store, and other retail to a formerly blighted area classified as a food desert, with a lack of healthy food options for nearby residents.
Nine families received the keys to their new homes this past weekend in the new $40 million Eden Square mixed-use community in the Hickory Hill area.
While veterans make up 9 percent of the overall population, they make up 25 percent of the homeless population, so recovery homes like Alpha Omega are critical.
Block Advisors, a division of H&R Block, opened its first office in the Memphis area earlier this year joining several growing businesses celebrating recent openings in the Germantown-Collierville area.
Conversion of the 1900s warehouse into a functioning whiskey and vodka distillery and tasting room is costing developer D. Canale & Co. upwards of $10 million.
Dr. Charles Champion was the first African-American pharmacist at John Gaston Hospital which is now known as Regional One Health. He’s now 86 years old and still comes in to the pharmacy most afternoons to help his daughters who are the pharmacists employed at Champion’s Pharmacy and Herb Store.
Development happening throughout the area figured heavily in Memphis Mayor Jim Strickland’s first State of the City address last week at the weekly meeting of the Frayser Exchange Club.
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