‘Mobility Center’ crowns $62M plan to improve Downtown parking, walking
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The Downtown Memphis Commission plans to fill in an entire – and important – city block with a new kind of parking structure, the “Downtown Mobility Center.”
The nine-level building would rise in the surface parking lot across Beale Street from the Orpheum Theatre, providing 1,400 spaces, a rooftop restaurant, showers, lockers and storage for cyclists, accommodations for other travel connections like rideshare and scooters, and even a monumental staircase designed to be worthy of selfie photographs.
Large, mixed-use ‘Central Yards’ proposed for Midtown gateway
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A large, mixed-use development — 350 apartments, two structures for tenant and public parking, and 52,000 square feet of commercial space — is proposed for the entrance into Midtown’s Cooper-Young neighborhood.
Downtown board approves public support for One Beale’s Grand Hyatt
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ig help from taxpayers — totaling $129.5 million — for One Beale’s big next phase received unanimous support from a Downtown Memphis Commission board on Tuesday, Dec. 8.
The Center City Revenue Finance Corp. gave its approval for a 30-year tax break, or payment in lieu of taxes (PILOT), plus a 5% hotel tax surcharge to help One Beale developers build a Phase IV that features a 350-room Grand Hyatt hotel that would tower over the Mississippi River near the foot of Beale.
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