Downtown condos in short supply

By , Special to The Daily Memphian Published: April 26, 2019 5:19 PM CT
<strong>Realtor Mike Parker (right) looks for needed repairs with contractor Phillip Qualls at a penthouse property going on the market at The Artesian. Memphis has reached a point where condo properties are scarce, but it's becoming too expensive to build more.</strong> (Jim Weber/Daily Memphian)

Realtor Mike Parker (right) looks for needed repairs with contractor Phillip Qualls at a penthouse property going on the market at The Artesian. Memphis has reached a point where condo properties are scarce, but it's becoming too expensive to build more. (Jim Weber/Daily Memphian)

Developers haven't been building more Downtown condos, so supplies are low and prices are rising. 

Topics

Commercial Real Estate condominiums Downtown Memphis
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.


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