The City of Memphis is throwing its weight behind a New York developer's redevelopment of the 100 N. Main building.
The city entered into a letter of intent Thursday, May 10, with New York-based Townhouse Management Co. and Loews Hotel Holding Corp. to help the companies redevelop the building into a convention center hotel, according to a City of Memphis news release. The city has long been working to lure a large convention center hotel.
In February, the Memphis Business Journal exclusively reported…