Memphis gets go-ahead to extend Downtown TDZ for 26-story hotel

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Another barrier to Memphis being able to attract big-time convention business fell away Monday. The Tennessee State Building Commission approved an extension of the Downtown Memphis Tourism Development Zone (TDZ) to help pay for infrastructure related to the proposed 26-story Loews Hotel. [Editor's note: Not sure what a TDZ is? Click here.] Memphis Mayor Jim Strickland and Chief Operating Officer Doug McGowen framed the extension of the TDZ as an imperative for attracting more business to the...

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