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Council approves Industrial Development Board action for Grandiflora Foundation redevelopment on East Magnolia
Summary
The Industrial Development Board authorization for payments in lieu of taxes for the Grandiflora Foundation's Magnolia Avenue project passed; developer Phil Lawson described a multi-part reuse of historic buildings, performance and event spaces, community gardens and partnerships with nonprofits.
The City Council approved a resolution authorizing the Industrial Development Board to negotiate and accept payments in lieu of ad valorem taxes related to the Grandiflora Foundation's redevelopment of properties at 2439 East Magnolia Avenue and 2436 East Fifth Avenue.
Phil Lawson, the project's lead developer, described the plan in detail during the meeting. He said the restored Knoxville Baptist Tabernacle sanctuary will serve as a main event center with seating for roughly 350 on the ground floor and additional capacity in the balcony, and he described a smaller indoor piano-bar venue called Sweet Audrey's adjacent to…
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