| total jobs | 41,139 |
| total capital investment | $7,775,543,625 |
| number of pilots approved | 136 |
| mwbe/losb target spending* | $858,243,492 |
| Average Wage (PILOTS only) | $62,391 |
| average pilot term | 11 years |
| LOCAL TAX REVENUES GENERATED | $1,847,479,824 |
| total tax abated | $847,246,730 |
| benefit to cost ratio | 2.18 |
| incentive amount per job per year | $3,201 |
| number of tifs approved | 5 |
| number of loans approved | 80 |
| total loan amount | $4,954,330 |
| number of bonds approved | 12 |
| total bond amount | $569,737,850 |
| number of others approved | 221 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Projected MWBE/LOSB Spending |
Projected Benefit to Cost Ratio |
|---|---|---|---|---|---|
| 2022-02-16 | Northside Renaissance Development | $71,936,887 | $18,947,667 | 1.14 | |
| 2022-01-19 | MHR Fund Management LLC | 400 | $112,500,000 | $2,925,532 | 2.41 |
| 2021-12-15 | Medtronic Logistics LLC & CEVA Logistics U.S., Inc. | 630 | $133,350,000 | $18,920,230 | 1.17 |
| 2021-12-15 | Performance Food Group | 96 | $29,200,000 | $5,771,438 | 0.82 |
| 2021-11-18 | KTG USA LP 2021 | 541 | $21,795,982 | $82,379 | 1.54 |
| 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 |
|---|---|---|---|---|---|
| 2022-02-16 | Subroy Movement Foundation, Inc. dba Tasche Social Gallery | 15 | $22,500 | Inner City Economic Development Loan | $15,000 |
| 2022-02-16 | E.U. Enterprises LLC | 6 | $350,000 | Inner City Economic Development Loan | $25,000 |
| 2021-10-20 | Springdale Salon | 10 | $73,000 | Inner City Economic Development Loan | $20,000 |
| 2021-10-20 | Heights CDC | 15 | $47,300 | Inner City Economic Development Loan | $25,000 |
| 2021-10-20 | Venture South Productions | 5 | $41,100 | Inner City Economic Development Loan | $20,000 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Bond Amount |
|---|---|---|---|---|
| 2022-05-18 | Port Commission Bond Refunding Request | $29,000,000 | ||
| 2021-11-17 | Parkside at Shelby Farms | $165,550,000 | $28,000,000 | |
| 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 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Financing Amount |
|---|---|---|---|---|
| 2021-09-10 | Varsity Spirit LLC | 185 | $50,000,000 | $175,000 |
| 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 | ||
| FTZ-77 Total Value of Shipments | $97,409,593,581 | |||
| Total NEED Grants | 177 | |||