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Liberty Park TDZ Bond

Summary

EDGE has issued its $75,000,000.00 Economic Development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee Liberty Park Revenue Bonds, Series 2021 to finance the development of a 22-acre site encompassed with a 230,000 square foot Sports and Event Complex containing a hardcourt pavilion with basketball and volleyball courts, an events pavilion containing 75,000 square feet of column free space including 2,000 fixed bleacher seats, and will also include three outdoor turf fields and the infrastructure necessary for an 18-acre portion of the site to be transformed into a mixed-use private development area focused on hospitality, retail, entertainment, office space use, and market-rate housing located at the Memphis Fairgrounds Campus, now known as Liberty Park (the “Liberty Park Project”). $33,732,800 of these bond funds are targeted for spending with Minority- and Women-Owned businesses.

Bond Amount:

$75,000,000

Projected Total Jobs:

Not applicable

Total Investment:

$75,000,000

Approved

4/21/2021

Liberty Park TDZ Bond

Central Ave @ East Parkway Blvd, Memphis, TN 38104