Daily Jigsaw: HiFi Memphis

By , Daily Memphian Updated: July 10, 2026 4:00 AM CT | Published: July 10, 2026 4:00 AM CT

The development team behind the restoration of the historic Sterick Building plans to turn a quiet Downtown corner into a bustling public market that could serve as a catalyst for neighborhood growth and strengthen the food economy.

The newly formed nonprofit HiFi Memphis, operating as Memphis Public Market, bought two buildings with a total of 93,577 square feet at 158 Madison Ave. and 164 Madison Ave. for $1 million.

“Acquiring these two buildings is a big step forward for our vision of building a more vibrant and connected Downtown,” said Stuart Harris, principal with Constellation Properties and a HiFi Memphis board member.


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