| total jobs | 38,900 |
| total capital investment | $7,160,253,088 |
| number of pilots approved | 128 |
| mwbe/losb target spending* | $809,036,741 |
| Average Wage (PILOTS only) | $65,865 |
| average pilot term | 10 years |
| LOCAL TAX REVENUES GENERATED | $1,743,167,534 |
| total tax abated | $779,136,019 |
| benefit to cost ratio | 2.24 |
| incentive amount per job per year | $3,210 |
| number of tifs approved | 5 |
| number of loans approved | 72 |
| total loan amount | $3,829,330 |
| number of bonds approved | 10 |
| total bond amount | $512,737,850 |
| number of others approved | 219 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Projected MWBE/LOSB Spending |
Projected Benefit to Cost Ratio |
|---|---|---|---|---|---|
| 2021-07-28 | Atlantic Track + Turnout Co. | 26 | $14,065,000 | $211,746 | 1.37 |
| 2021-05-19 | 3393 Summer Ave | 41 | $2,720,000 | $415,337 | 4.49 |
| 2021-05-19 | Walgreen Company | 200 | $30,000,000 | $2,415,414 | 3.31 |
| 2021-04-21 | Sylvamo Corporation | 300 | $14,500,000 | $2,486,630 | 8.57 |
| 2021-03-17 | Mullen Technologies Inc. | 434 | $362,400,000 | $9,742,780 | 1.3 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
TIF Amount |
|---|---|---|---|---|
| 2019-10-16 | Raleigh Town Center | $91,000,000 | $29,000,000 | |
| 2018-07-25 | Poplar Corridor Business District Association of Owners | 7,000 | $499,500,000 | $91,200,000 |
| 2018-06-20 | Parkside at Shelby Farms Development Area | 146 | $375,000,000 | $96,400,000 |
| 2016-09-21 | UNDC-Highland Strip Revitalization | 235 | $21,100,000 | $21,100,000 |
| 2014-11-25 | Elvis Presley Enterprises, Inc. | 280 | $137,000,000 | $21,293,860 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Loan Type | Loan Amount |
|---|---|---|---|---|---|
| 2021-07-07 | Kaye's Pints & Scoops | 4 | $100,000 | Inner City Economic Development Loan | $15,000 |
| 2021-06-02 | Sumadhi Spa Pro Aesthetics Training Center | 3 | $24,690 | Inner City Economic Development Loan | $11,000 |
| 2021-04-07 | The Vineyard, LLC | 2 | $24,274 | Inner City Economic Development Loan | $12,000 |
| 2020-12-02 | Muhsen Najdawi dba Turbo Knights | 2 | $72,700 | Inner City Economic Development Loan | $12,000 |
| 2020-11-04 | Edna Banks-Hawkins, dba Mot & Ed’s Southern Eatery | 3 | $58,065 | Inner City Economic Development Loan | $15,000 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Bond Amount |
|---|---|---|---|---|
| 2021-04-21 | City of Memphis Accelerate | $200,000,000 | $24,255,000 | |
| 2021-04-21 | Liberty Park TDZ Bond | $75,000,000 | $75,000,000 | |
| 2021-02-17 | Distilled Spirits Inc. | 15 | $17,900,000 | $15,000,000 |
| 2018-12-19 | Young Men's Christian Association | 606 | $7,500,000 | $7,500,000 |
| 2017-09-20 | Elvis Presley Enterprises, Inc. Series 2017 | 280 | $20,000,000 | $104,300,000 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Financing Amount |
|---|---|---|---|---|
| 2021-06-02 | Lux Transport, Inc. | $5,000 | ||
| 2021-06-02 | The Cut Barber & Styling Salon | $5,000 | ||
| 2021-04-07 | Saucy Chicken, LLC | $5,000 | ||
| 2021-02-26 | INSPIRE Community Café | $5,000 | ||
| 2021-02-12 | EGGXACTLY BREAKFAST & DELI 2 | $5,000 | ||
| FTZ-77 Total Value of Shipments | $97,409,593,581 | |||
| Total NEED Grants | 177 | |||