25 years ago: 1991
The Internal Revenue Service will build a new Memphis service center on the southwest corner of Getwell and Holmes, provided major road improvements are made. IRS officials revealed their decision at an afternoon meeting of the Airport Authority’s sevenmember Board of Commissioners. Board members immediately and unanimously ratified the choice. The property, submitted and owned by Interstate Realty Corp. and Belz Enterprises, was chosen over four other finalists. The facility will cost about $80 million to build and will provide more than 150 construction jobs. The center will employ 4,600 workers when it opens.