Germantown Board to Consider Financing Plan for The Standard

Suburb's first-ever TIF incentive recommended for approval by Industrial Development Board.

Published on Feb. 10, 2026

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The Germantown Industrial Development Board has recommended that the city's aldermen approve the suburb's first-ever Tax Increment Financing (TIF) incentive to support the development of a new project called The Standard.

Why it matters

TIF incentives are a controversial economic development tool that divert future property tax revenue increases to subsidize private development projects. This would be Germantown's first use of a TIF, signaling a shift in the suburb's approach to attracting new investment.

The details

The Standard is a proposed mixed-use development that would include residential, retail, and office components. The TIF incentive would help finance infrastructure and other costs associated with the project. The Germantown Industrial Development Board voted to recommend the TIF plan, which will now go before the city's aldermen for final approval.

  • The Germantown Industrial Development Board made its recommendation on February 10, 2026.
  • The TIF incentive plan will next be considered by the Germantown Board of Mayor and Aldermen.

The players

Germantown Industrial Development Board

The board responsible for reviewing and recommending economic development incentives in the suburb of Germantown, Tennessee.

The Standard

A proposed mixed-use development project in Germantown that would include residential, retail, and office components.

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What’s next

The Germantown Board of Mayor and Aldermen will consider the TIF incentive plan for The Standard at an upcoming meeting.

The takeaway

Germantown's consideration of its first-ever TIF incentive signals a shift in the suburb's approach to economic development, as it looks to use public financing to attract private investment in a major new mixed-use project.