After leaving the local restaurant scene nearly two years ago, Neely’s Bar-B-Que could be making a comeback to Memphis.
Tony Neely has applied for a development loan to help revive the original Neely’s restaurant at 670 Jefferson Ave. in the Victorian Village area just west of the Medical Center.
Tony Neely has applied for a $67,500 development loan from the Downtown Memphis Commission’s Center City Development Corp. to help facilitate the estimated $325,000 redevelopment of the building. DMC staff has recommended a $49,000 loan, which carries a discounted interest rate.
Tony Neely, who operated the Neely’s location in Nashville, is the brother of Patrick Neely, who stars with his wife, Gina, in the Food Network’s “Down Home with the Neelys.”
The Neelys closed both the Jefferson Avenue store, which opened in 1988, and the restaurant at 5700 Mt. Moriah Road in October 2012.
Tony Neely would be taking over the Jefferson Avenue space from Monsieur Demarcus French Creperie, which is moving to 1329 Madison Ave. in Midtown.
The CCDC meets Wednesday, April 16, at 9 a.m.