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VOL. 127 | NO. 27 | Thursday, February 09, 2012

New Downtown Pizza Restaurant Applies for Facade Grant

By Andy Meek

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Aldo Dean, who is bringing his restaurant concept Aldo’s Pizza Pies to Downtown Memphis, is applying for a façade improvement grant from the Center City Development Corp.

Center City staff has recommended a grant to cover eligible expense up to $23,498, with the final amount based on approved receipts and subject to closing requirements. Dean also has already requested and received a retail forgivable loan of $40,000.

His façade grant is scheduled to be discussed and voted on at the Wed., Feb. 15, CCDC meeting, which starts at 9 a.m. in the Downtown Memphis Commission office, 114 N. Main St.

Aldo’s Pizza Pies will occupy 3,887 square feet in the ground floor of Barboro Flats. It will be a full-service restaurant that serves New York-style pizza and sub sandwiches in addition to offering beer, wine and a full bar.

Dean executed a 7-year lease on Feb. 4. The restaurant is estimated to open sometime in April or May.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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