City Of Memphis: City Moving Forward On Early Stage Investments Of Accelerate Memphis 

Memphis TN

09 June, 2022

3:50 PM

Description

Press release from the City of Memphis: June 8, 2022 The City of Memphis is hosting a series of community meetings in anticipation of early stage investments of the Accelerate Memphis initiative. Thirty-Five anchor locations identified in Memphis 3.0 will receive $400,000 each in early-stage investments. Investments can include public art, new sidewalks, ADA curb ramps, and street lighting. Implementation will be complete by the end of 2023. During the meetings, design concepts showing potential public improvements are presented and community members will decide which public improvements to implement. There will be representatives from the city and their consultants to answer any questions the community might have about this project. $75 million is allocated towards activating Memphis 3.0, the city's comprehensive plan. The breakdown is provided below. Improving neighborhoods with early-stage investments in 35 anchor areas across the city ($13.6 million), accelerating change with large-scale, targeted investments in nine anchor areas ($37.4 million), making safety improvements in eight Memphis 3.0-identified infrastructure priority anchor areas ($9 million), closing the knowledge gap with broadband infrastructure ($7.5 million), and investing in housing opportunities ($7.5 million). Here is a list of the upcoming community meetings: District 1 Thursday, June 30, 2022 5:30 p.m. – 7 p.m. Breath of Life Christian Center 3795 Frayser-Raleigh Road Memphis, TN 38128 District 2 Wednesday, June 22, 2022 5:30 p.m. – 7 p.m. Bert Ferguson Community Center 8505 Trinity Road Memphis, TN 38108 District 3 Thursday, July 7, 2022 6 p.m. – 7 p.m. Hickory Hill Community Center 3910 Ridgeway Road Memphis, TN 38115 District 4 Thursday, June 16, 2022 5:30 p.m. – 7 p.m. Glenview Community Center 1141 S. Barksdale Road Memphis, TN 38114 District 5 Wednesday, June 22, 2022 5:30 p.m. – 7 p.m. Ben L. Hooks Central Library 3030 Poplar Avenue Memphis, TN 38111 District 6 Thursday, June 23, 2022 6 p.m. – 7 p.m. Southbrook Town Center/ Pancake Room 1212 E. Shelby Drive Memphis, TN 38116 District 7 Wednesday June 15, 2022 5:30 p.m. – 7 p.m. Pursuit of God Church 3759 N. Watkins Street Memphis, TN 38127 About the Accelerate Memphis Initiative Through Accelerate Memphis, the City of Memphis will issue $200 million in bonds to facilitate catalytic community projects intended to accelerate its growth by improving the quality of life, driving equity and inclusion, improving connectivity, and solving stubborn problems that are deeper than any single capital budget can solve. The City will take advantage of the drop-in debt service in the 2027 fiscal year to make a transformative, one-time investment in a variety of capital projects. For more information, visit the project's website at acceleratememphis.com. This press release was produced by the City of Memphis. The views expressed here are the author's own.