The Standard could have been Germantown's first TIF, or tax increment financing, district. Located at Poplar Avenue and Kirby Parkway, the development is slated to replace the Carrefour at Kirby Woods. The Carrefour shopping center has already been demolished, and in its place, developers planned to build a hotel, 40 luxury condos and 150,000 square feet of office space. But earlier this week, the Germantown Board of Mayor and Aldermen voted against tax incentives for the project.

Today, we're joined by suburbs reporter Abigail Warren to talk about what happened with the vote and what happens now.

Plus:

• A company with two Memphis offices was hit in a suspected Iran-based cyberattack
• The Memphis Amateur Sports Hall of Fame is adding new members
• 'Homes not Hedge Funds' passes in the state senate
• Mississippi regulators approve xAI's turbines in Southaven
• A state lawmaker visits the ICE facility where a local student is detained
• MSCS plans to update certain processes