Emerge nabs $500K grant from feds

September 8th, 2009

Hord Architects will design the build-out.

In 2006, FedEx Corp. built out half of the 15,000-square-foot third floor as space for its IT Innovation Group in 2006. After that deal was announced, Emerge kicked off a $2.4 million capital campaign to develop the rest of the building.

The funding is from the American Recovery and Reinvestment Act, and Gwin Scott, president of Emerge, said building out the fourth floor has been a major part of Emerge’s strategy for the last few years.

“Our plans to proceed are solidified,” Scott said.

« Back

516 Tennessee Street
Memphis, TN 38103
901.312.7700
901.544.7163 fax

"One of the biggest mistakes I’ve made over time is not wanting to nurture innovations where I either didn’t get the business model or we didn’t have it."

—Steve Ballmer, Microsoft