PILOT Incentive Estimator
PILOT Incentive Estimator
Create and Retain
28,000+
Jobs
Transforming The Shelby County Economy
EDGE provides and coordinates public resources to drive economic development in Greater Memphis and Shelby County
Economic Impact
Since 2011
Receive more than
$4.6 billion
in capital investment
Generate
$1.3 billion
worth of tax revenue
Recent Projects
EDGE’s mission is to provide and coordinate public resources to drive economic development in Memphis and Shelby County. EDGE does this through ongoing economic activities and projects that provide real value to the community and provide a strong foundation for future economic growth.
Project Locations
Business Assistance Programs
PILOT
A PILOT is a temporary, partial, abatement of future real and/or personal property taxes than an applicant would have otherwise paid on a new investment
TIF
TIF districts are special taxing areas designed to charge redevelopment of a specific land area.
Bonds
In Memphis and Shelby County, small-issue industrial revenue bonds (IRB) also known as industrial development bonds (IDB), can be used for manufacturing purposes.
FTZ
Foreign Trade Zones are designed sites licensed by the Foreign Trade Zones (FTZ) Board where special Customs procedures may be utilized.
Economic Gardening
The EDGE Economic Gardening Program provides small businesses access to a regional network of highly skilled research specialists who provide an estimated 36 hours of consulting services aimed at helping growing companie make better decisions to meet growth challenges.
Iced Loans
The Inner City Economic Development (ICED) program is intended to spark the revitalization of Memphis inner-city neighborhood business districts through small forgivable loans to assist in facade and building improvements.
Partnerships
The Memphis Economy is a partnership between the Economic Development Growth Engine for Memphis and Shelby County,EDGE, and the Sparks Bureau of Business and Economic Research at the University of Memphis. This partnership focuses on providing economic data, news, and analysis for the Memphis and Shelby County Region.
Recent News
Events
20
Feb
Wednesday, February 20, 2019: EDGE Board Meetings
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Wednesday, February 20, 2019: EDGE Board Meetings (2:30pm) at Memphis Area Association of Realtors, 6393 Poplar Ave, Memphis, TN 38119
20
Mar
Wednesday, March 20, 2019: EDGE Board Meetings
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Wednesday, March 20, 2019: EDGE Board Meetings (2:30pm) at Better Business Bureau, 3693 Tyndale Road, Memphis, TN 38125
17
Apr
Wednesday, April 17, 2019: EDGE Board Meetings
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Wednesday, April 17, 2019: EDGE Board Meetings (2:30pm) at Better Business Bureau, 3693 Tyndale Road, Memphis, TN 38125
Featured Projects
Binghampton Gateway Center
Binghampton Development Corporation (BDC) was awarded a 15-year Community Builder PILOT to enable the organization to construct a 48,565 SF grocery-anchored commercial center located at the Southeast corner of Sam Cooper Boulevard and Tillman Street.
Champions Pharmacy and Herb Store
Champion’s Pharmacy & Herb Store, a family-owned business in South Memphis, was approved for a $20,000 Inner City Economic Development (ICED) Loan.
IKEA Property, Inc.
IKEA is a privately-held Swedish home furnishings company founded in 1943 with more than 360 stores in 46 countries. In 2013, IKEA had over 716 million store visitors.
Parkside at Shelby Farms Development Area
Parkside at Shelby Farms Park was approved for a 20-year EDGE TIF. The project is one of the largest private development projects in the City and County and will generate substantial tax revenues while helping stem outmigration of population to other areas.
Site Map
1115 Riverside Blvd.
Memphis TN 38106-2504
(901) 948-4422
40 South Main, Suite 1740
Memphis, TN 38103
(901) 614-1099
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© 2019 Economic Development Growth Engine For Memphis & Shelby County
All Rights Reserved
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