Arrow aims at Broad Avenue for now
Arrow, the organization that provides space and support to artists, is renovating 2535 Broad as a temporary, "stepping stone" home.
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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September 2019
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Business Raymond James confirms move within Memphis
Raymond James confirmed Thursday that more than 800 employees will work at new locations once its move within Memphis is finished.
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Real Estate Realtors without a home
eXp Realty has no building of its own in Memphis, uses the internet for training and management, and awards agents company stock with each sale and recruitment of other agents.
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Real Estate Renasant Bank plans new Memphis headquarters building
Mississippi-based Renasant Bank is seeking a tax incentive for plans to build a new headquarters to serve its Memphis market. The $15.8 million development is to rise at 5575 Poplar, where the now-empty Executive Square office buildings stand.
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Business Lively Concourse wins Bruner Gold for its open doors, array of users
The Boston-based Rudy Bruner Award honors urban projects that can transform a community for the better. The organizers of the 33-year-old award say they have never seen a building like Crosstown Concourse.
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Business Prospero Health to set up operations in Memphis
Prospero Health plans to invest $1.5 million and hire 249 workers in Memphis, setting up operations in One Commerce Square Downtown.
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Business Memphis economy best in decades, economist says
The Outlook 2019 Memphis Economic Study shows local consumers feel confident, and a prominent Memphis economist says the local economy is as strong as it's been in 40 years.
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Real Estate Owners trot out plans for old mounted police station
The long-vacant, long-ignored Barksdale Mounted Police Station still has jail cell bars, horse stable windows and the name of Tennessee’s most infamous politician etched into the ornate front wall. A renovation will soon breathe new life into the city's first “suburban” police station.
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Business Hi-fi: EgglestonWorks tackles extraordinary hotel project
Memphis-based EgglestonWorks makes high-end loudspeakers and sells them all over the world. Memphians may become more familiar with the company because of the extraordinary project it is carrying out for the new Central Station Hotel and for Memphis music.
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Real Estate Gill Properties lands veteran brokers Dyer, Maynard and their clients
The 13-year-old Loeb Realty Group will soon cease to exist as its brokers, Frank Dyer III and Barry Maynard, switch over to Gill Properties.
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Real Estate Room to spare: Medtronic to renovate, lease part of its campus
Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant.
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Real Estate Clothiers buy prime Germantown office building
The Clothier family has paid $6.1 million for the two-story, 37,000-square-foot office building at 1900 Exeter, in the heart of Germantown. It will be headquarters for their company, Memphis Invest, soon to be called REI Nation.
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Business New apartments, retail proposed for Madison Avenue
A developer plans to build a four-story building with 108 apartments and ground-floor retail in what is now a parking lot at 1270 Madison, across from Southern College of Optometry.
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Business Board OKs exceptions for giant warehouse
The Board of Adjustment approved variances for a proposed 3.8 million-square-foot warehouse in Frayser/Raleigh, but asked St. Jude to compromise on the design of a building the research hospital plans in the Pinch District.
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Real Estate Corner of Poplar at Holmes will soon be transformed
Construction will start soon on a BP gas station/convenience store on the now-vacant northeast corner of Poplar and Holmes. And next door, the Century Building will soon be demolished to make room for Woodie's Wash Shack car wash.
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Business Mixed-use plan for building near Snowden School revised
A mixed-use development of seven apartment units and 750 square feet of retail is proposed for 569 N. McLean, across from Snowden School.
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Business June West stepping down at Memphis Heritage
Memphis Heritage will soon post a job opening to find a successor to June West, who is entering semi-retirement after leading the city's preservationists for the past 17 years.
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October 2019
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Real Estate New hair salon fills a need in Concourse’s ‘vertical village’
Hero & Sage salon opens in Crosstown Concourse as a result of one of those conversations that occurs while the stylist cuts a client's hair.
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Downtown Revised plans for Union Row unveiled
New renderings for the 11-acre, first phase of the Union Row mixed-use development show a dense arrangement of apartments, parking garages, hotels and office buildings.
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Real Estate Back taxes paid on Firestone plant site
A private company has paid all back city and county property taxes on the main parcel of the Firestone Tire & Rubber Co. plant in North Memphis, indicating some possible movement toward new development on the long-dormant site.
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Premium
Real Estate$4.5M redevelopment coming to blighted Park Avenue office building
The University Park Flats project will convert a vacant, blighted office building in an economically distressed stretch of Park Avenue into apartments and a coffee shop.
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Real Estate Rare sites: New E. Memphis subdivision offers 21 lots
The new Stockley subdivision in East Memphis offers a relatively rare number – 21 – of lots for luxury homes that will cost $600,000 to $800,000.
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Real Estate HUD’s Ben Carson praises Union Row and Opportunity Zones
The tax advantages of the new Opportunity Zone program motivate investors to stay involved in new developments for the long-term, which help make struggling areas thrive, HUD Secretary Ben Carson says.
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Real Estate Kings of the hill: Competing developers now teaming on Crosstown Mound
The city has approved two development teams to work together on a plan for the undeveloped Crosstown Mound. The preliminary plan so far includes 80-100 residences, a public park and a building of shared office spaces.
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Real Estate Loeb revives Broad Ave. project with new developer and design
Property owner Loeb Properties has gone back to the drawing board with a new developer, new architects and a new design for proposed apartment development under the Broad Avenue water tower.
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