C-store with gas proposed for VECA neighborhood
The convenience store with fuel pumps would be built on the southwest corner of Jackson and Evergreen, requiring the demolition of an 86-year-old commercial structure.
Tom Bailey
Reporter
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.
There are 1216 articles by Tom Bailey :
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March 2021
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Real Estate Minglewood owner plans to resume concerts after restrictions lift
Minglewood Plaza owner Richard Roberts also is looking for someone to manage Minglewood Hall concert venue. Other businesses inside Minglewood Plaza continue to operate.
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Real Estate Apartments, commercial space proposed for old Holiday Inn HQ site
New applications to the Land Use Control Board also include plans for a 156-lot subdivision on Walnut Grove, a 129-lot subdivision near Tenn. 385, and a gated, nine-lot subdivision in East Memphis on White Station Road.
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Real Estate Memphis homes on market dip below 2,000; average sales price tops $200,000
The number of houses sold in Shelby, Fayette and Tipton counties in February dropped 5.2% from a year earlier. But the week of snowy weather was likely a factor.
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Real Estate Tax incentive sought for another big Snuff District building
The developers of the Historic Snuff District plan a second, mixed-use building of six stories, 292 apartments, 420 parking spaces and 10,000 square feet of commercial space. They seek a tax incentive valued at $19 million over 20 years.
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Real Estate Tops Bar-B-Q sells part of its real estate
The owners of Tops Bar-B-Q have sold at least seven of their 15 restaurant buildings to a Phoenix firm that buys the real estate of businesses and leases it back to them.
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February 2021
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Real Estate Residence for veterans, seniors would be part of large U.S. network
Veterans Services (USA) plans to transform the East Memphis Crowne Plaza into a mixed-use development marketed to veterans and other seniors. The organization’s goal is to operate such a facility in all 50 states.
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Real Estate Plan would convert Crowne Plaza on Thousand Oaks to veteran campus
The $10 million project is dependent on obtaining approval for changes to the property’s planned development.
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Real Estate Sold Burger: Earnestine & Hazel’s changes hands
A new ownership group has bought Earnestine & Hazel’s for $900,000 and and a nearby warehouse for $200,000. The old bar will reopen soon, and the new owner promises to keep those Soul Burgers sizzling.
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Business Search for next DMC president taking extra time
The Downtown Memphis Commission board may meet in a special called meeting over the next few weeks to consider the search committee’s selection.
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North Memphis New equipment means Memphis plant can make 40M boxes of facial tissue yearly
The mammoth K.T.G. (USA) plant in North Memphis has room to add a new equipment line. The $20 million investment also means the hiring of another 27 employees who will be paid more than $20 an hour.
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Premium
Real EstateDumpster ire: Landlord cuts tree, installs garbage bin at front sidewalk
The new owner of an apartment building near the Highland Strip applied for a variance allowing a dumpster to be placed near Walker Avenue. The retroactive request will require the owner to make significant changes for approval amid significant opposition.
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Real Estate Board blocks quick-loan business in Whitehaven
The applicants argued unsuccessfully to the Board of Adjustment that their flexible-loan business is not as financially punishing to customers as payday or title loan shops.
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Business UPDATED: VECA opposes ‘smoke shop’ near Snowden School
The Vollintine-Evergreen Community Association is appealing a decision to allow what it calls a “smoke shop” to open next to Dino’s Grill and near Snowden School. While renovations have been made, the business has not yet opened.
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Midtown Michigan grocery business looks to Midtown Memphis location
Michigan-based Gordon Food Service — which caters both to restaurants and the food-service industry as well as the general public — has stores in Nashville and Knoxville but none yet in Memphis.
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Real Estate Salad restaurant tossed into the mix near URBN on Union
Salad Expressions will be wedged between the new URBN on Union buildings. The restaurant will open at 1308 Union, which formerly housed E’s 24 Hour Café.
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Real Estate Hyatt Centric embraces ‘sights & sounds of Memphis’
The sales director for the Hyatt Centric offered journalists an early, sneak peek of the $75 million, 227-room luxury hotel that is nearly finished at 33 Beale.
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Business Blair Tower Apartments sold
California entities that share the same mailing address just bought Blair Tower Apartments in the Medical District after already acquiring Highland Row in the University District, the Parkview in Midtown, and Mimosa Gardens and Williamsburg Manor in East Memphis.
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Premium
Spirit of MemphisDowntown’s Peanut Shoppe in a crunch to find new home
The pandemic and dropping sales have challenged downtown’s Peanut Shoppe. But now the colorful shop that has operated in the same place for 72 years faces more adversity. It must move or close at the end of the year.
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BusinessInterviews to begin in search for Downtown’s next leader
The goal for the search committee is to identify by Feb. 25 a final candidate to become the next president/CEO of the Downtown Memphis Commission.
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Business Downtown leader ‘very confident’ in benefits of mobility authority buying 100 N. Main
The interim president of the Downtown Memphis Commission addressed “the big thing out there,” the proposed purchase by the Downtown Mobility Authority of the empty 100 North Main office tower, parking and adjacent properties. Ray Brown called 100 North Main “an enormous source of blight.”
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Real Estate EDGE moves to help pay for Liberty Park
The EDGE Board approved an “inducement resolution,” and will later vote to authorize issuance of up to $75 million in Tourism Development Zone bonds to help pay for the $125 million Liberty Park.
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Business Future South Main restaurant getting renovation grant
The Center City Development Corp. also approved financial support for restoring and replacing stained glass windows at Historic Clayborn Temple, and for the restoration and redevelopment of a blighted, vacant commercial building at Vance and S. Fourth.
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Real Estate New developer plans to revive blighted South City building
A new real estate development company plans to transform a blighted, long-vacant commercial structure into retail space and apartments.
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Real Estate Southwind firms, property owners win battle against proposed strip center
The Land Use Control Board also approved a transitional group home in Binghampton for veterans, an attached-townhouse development on Brookhaven Circle, and plans for a used-car lot in Raleigh. The board rejected plans a 35-lot subdivision of container homes in New Chicago.
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