One Beale asking for more public dollars

Set to start construction soon on One Beale, the project’s developers are seeking another round of public assistance.

Carlisle Corp. is asking for a $990,000 grant from the Downtown Memphis Commission (DMC). The grant would come on top of assistance for a parking garage and the 20-year tax break a DMC board gave the project in May.

The grant is necessary, according to a memo from the DMC’s staff, because of the recent “significant rise in construction costs.”

“Certain high-quality public…

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