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Ohio-based developer looks to renovate, reopen Downtown Memphis DoubleTree

The Downtown DoubleTree by Hilton may soon reopen with a new coat of paint, and new owners.

Memphis K&U LLC and Ohio-based Continental Hospitality Group are seeking a 20-year payment-in-leiu-of-taxes (PILOT) with the Center City Revenue Finance Corp., an affiliate board of the Downtown Memphis Commission (DMC).

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