The Memphis community gathered for the grand opening celebration of Crosstown Concourse, scheduled nearly 90 years to the day of the original Sears Crosstown grand opening in August 1927. This celebration of history and rebirth showcased the organizations and businesses that courageously believed in and dedicated themselves to the creation of this one-of-a-kind vertical urban village. Beyond the steel and the stone, the community discovered and celebrated a place where diverse interests combine to form new connections so we may become better together. It was a moment to celebrate Concourse, the Crosstown neighborhood, and the tenacity and creativity of the city as a whole. The day was full events with live music, dance performances, art exhibitions, a Concourse documentary screening, tenant open houses, and more. To view the grand opening ceremony in its entirety, please click here
Winston Medical Center is Mississippi Hospital Association's 2017 Outstanding Small Rural Hospital. "It's just a testament to all the hard work that the employees and everyone related to Winston Medical Center does," says CEO Paul Black. The Mississippi Hospital Association presented the award, saying Winston Medical couldn't be more deserving, after being destroyed by a tornado and still providing quality health care.
WEST POINT, Miss. — Yokohama Tire Corp. (YTC) and KaBOOM!, a national non-profit dedicated to providing safe and reliable playground equipment for children living in underserved communities, are teaming up to build new, eco-friendly playground equipment at Marshall Park in West Point, home to YTC's 1 million-sq.-ft. truck tire plant, which came on stream in 2015.
Wall Street Journal - Urban farming isn’t easy. It can require significant investment, and there are bureaucratic hurdles to overcome. Many companies have yet to turn a profit, experts say. A few companies have already failed, and urban-farming experts say many more will be weeded out in the coming years. But commercial vertical farms are well beyond experimental. Companies such as AeroFarms, owned by Dream Holdings Inc., and Urban Produce LLC have designed and operate commercial vertical farms that aim to deliver supplies of greens on a mass scale more cheaply and reliably to cities, by growing food locally indoors year round.
Tax reform is on the horizon. While proponents are cautiously optimistic that investor-based tax credit programs (e.g., the low-income housing tax credit, the historic rehabilitation tax credit, new markets tax credit and renewable energy tax credits) will survive tax reform, there is a question of whether tax reform will negatively impact the amount of available tax credit equity for these highly successful and popular programs. There is also the prospect of a federal infrastructure credit, substantially increasing the amount of credits in the marketplace.
May 2, 2017 - East Main Redevelopment today received the Governor's Award for Historic Preservation. The East Main Redevelopment project, a catalyst for revitalization of the primarily vacant block of East Main Street, has changed the face of downtown Milan. The project is the redevelopment of four historic buildings (constructed between 1845 and 1892) into a mixed-use project that includes fifteen new apartments and eight storefronts restored to their original facades. The 27,000 square foot project provides fourteen residences (eight of which are set aside for low-to-moderate income tenants) that are within walking distance of all downtown businesses and Wilson Park, and also features 11,000 square feet of commercial space.
WJTV - It’s been three years since 23 tornadoes ripped through parts of Mississippi, leaving communities devastated from lives lost and buildings destroyed. The county hardest hit by a twister on April 28, 2014, was Winston.
Dudley Ventures was proud to participate in the Financing the Rehabilitation of Historic Real Estate Development in Arizona seminar at Snell & Wilmer on January 24, 2017. Attendees learned about the Historic Rehabilitation Tax Credits (HTC) program and how to access it for real estate development projects, which to date, has helped developers and business owners gain access to a major source of capital to solve a portion of their financing needs while creating significant community and economic impact in cities and towns across Arizona and the nation.
2017 NMTC Coalition Annual Conference Washington, D.C.
The 2017 NMTC Coalition Annual Conference will be held on December 13th and 14th in Washington, D.C. The agenda will include keynotes from federal and congressional leaders, a Capitol Hill day, a networking reception, and panels featuring NMTC legal experts and investors. The event will also include discussions on recent NMTC reports and legislative movement on Capitol Hill, NMTC and the law, as well as a round table with leading NMTC investors, and a panel of Treasury staff.