Subsidy Tracker Individual Entry

Company: 
Frayser Gateway
Parent Company: 
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
2571 North Hollywood
Zip: 
38127
Project Description: 

a new grocery and retail shopping center will help lead the redevelopment of a nearly 20-acre parcel located in a blighted area of Frayser

Year: 
2017
Subsidy Value: 
$1,956,870
Program Name: 
Memphis PILOT
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
136
Wage Data: 
$23,294
Wage Data Type: 
Average salary overtime
Capital Investment: 
$16,080,000
Notes: 

Subsidy value is projected loss in property taxes collected.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.