Memphis — Efforts to revitalize the blighted area around South Main got a boost when developer Henry Turley received a tax incentive to develop another apartment community near the route of the rapidly expanding greenline, connecting the eastern suburbs of Memphis to West Memphis across the river.
Still, it’s not a done deal according to Turley and he has a history of re-developing downtown areas, so he probably knows. His worry is that the blight and neglect greeting riders and walkers using the greenline will be embarrassing to the city. He may be right. It’s a mess.
Of course Turley will make money if the idea works and Memphis will benefit as well. Are entrepreneurship and civic benefit mutually exclusive concepts? Or is this a win-win?
Scott Sines