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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 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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