Project Number: 20130301
Pilot Type: Standard/Basic
Status: Approved
Parcel ID: 094200 00507
County Commission District: 3 | City Council District: 3, 8


TJX Companies, Inc., was approved for a five-year PILOT to enable it to invest $6.9 million at a new facility located at 6100 East Holmes Road and hire up to 40 employees with the potential of adding as many as 117.

TJX sells apparel and home furnishings in the U.S., Canada and Europe under various retail brands (T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, and T.K. Maxx) and is ranked No. 125 in the most recent Fortune 500 listings. The company has more than 2,900 stores in six countries and 168,000 employees, 47 of those stores are in Tennessee, with 12 in Memphis.

The project will create $1,302,750 in new tax revenue for Memphis and Shelby County, a benefit-cost ratio of $1.23 in new tax revenue to every $1.00 of abated taxes.


5 years

Projected New Jobs:


Projected Retained Jobs:

Not applicable

Total Jobs:


Projected Average Payroll of New Jobs:


Projected Average Payroll of Retained Jobs:

Not applicable

Annual New Direct Payroll:


Annual Retained Direct Payroll:

Not applicable

Total Capital Investment:

Real Property Investment:

Personal Property Investment:

Community Reinvestment Credit (CRC):

Capital Investment not in PILOT:
Not applicable

Projected Tax Revenue:


Projected Taxes Abated:

City: $511,040
County: $550,472

Benefit/Cost Ratio:


Projected MWBE/LOSB Spending:


Incentive Provided:


Compliance Information

Not applicable



Ramp up Period

2 years


6/1/2013 (Real)



Lease Begins

6/1/2013 (Real)

Lease Expires

6/1/2018 (Real)


Not applicable

Property Details

Lease Began

6/1/2013 (Real)

Lease Expires

6/1/2018 (Real)


6100 East Holmes Rd, Memphis, TN 38141