Olymbec USA donates warehouse space for Angel Tree program
Olymbec is a Canadian company, but Memphis is headquarters for its operations in the U.S.
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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December 2020
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Real Estate -
Real Estate 275-unit, $32M apartment complex proposed for Tenn. 385/Forest Hill Irene
The Greens at Irene Woods would transform undeveloped property across Forest Hill Irene Road from the Mike Rose Soccer Complex.
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Food News Slim & Husky’s to open on Union Avenue
The Nashville-based pizza chain that serves Black culture, art and community as well as pizza expands into Memphis on Dec. 16 when a Slim & Husky’s opens at 634 Union.
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Spirit of Memphis Sign of support: Donated billboard space sends a ‘shop local’ message
Three billboard companies are donating digital billboard space to encourage Memphians to “Shop Local 901.” The colorful message will be displayed on about 15 billboards about 140,000 times a week this holiday season.
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Real Estate Gourmet cookie shop coming to East Memphis
Crumbl Cookies’ first shop in Memphis will open early next spring in Williamsburg Village Shopping Center in East Memphis. And more are planned.
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Real Estate Sonder Luxury Suites drawn to The Citizen’s location, customer base
The co-owners of Sonder Luxury Suites not only liked The Citizen’s location and vibe, they loved the built-in customer base living in its 173 apartments.
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Real Estate COVID makes a big imprint on Memphis commercial real estate
A panel of experts shared their insights on how the pandemic has affected retail, office, industrial and multifamily real estate, and the effects long after COVID-19 is gone.
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Real Estate Amazon building 3rd Memphis delivery station in Frayser/Raleigh
Amazon has quietly started site work atop a hill behind its just-opened fulfillment center at 4055 New Allen Road. The future, 183,000-square-foot facility will be a delivery station that employs about 300.
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Real Estate Cordova’s Amazon delivery station approved, will generate 450 jobs
Amazon is so eager to get the facility built near the southeast corner of I-40 and Appling that the e-commerce giant is – again – not seeking tax breaks or other public incentives that are so common for large-investment, high-employment developments.
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Real Estate Landlords, government battle over speed of court case; eviction ban to end Dec. 31
U.S. Dist. Judge Mark Norris has rejected a petition by seven Memphis landlords to temporarily, at least, block a federal ban on evictions. But the full case continues in court.
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Real Estate Commercial real estate during, after COVID: Memphis experts to speak
Six experts in Memphis commercial real estate will offer their take on what’s happening during the pandemic and their forecast on what the post-COVID era will be like.
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Real Estate New plans for One Beale aim for ‘skyline-altering’
First, Chance Carlisle dropped his plan for an office tower at One Beale. More recently, he scrapped his plan for a tower that would have housed 150 hotel rooms and 240 apartments and condos. Now, he plans to build a 350-room Grand Hyatt hotel that would double as an extraordinary landmark for Beale Street.
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Real Estate Laser tag, axe throwing, bowling headed to former fairgrounds
A 40,000-square-foot entertainment and arcade venue called High 5 has signed a letter of intent to be at Liberty Park. And that doesn’t include High 5’s planned, 25,000-square-foot miniature golf course.
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November 2020
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Real Estate Conservancy proposes major renovation to Overton Park golf course
The Overton Park Conservancy already has raised nearly $2 million for a comprehensive renovation of the historic Overton Park golf course as well as for improvements to its Abe Goodman Clubhouse.
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Real Estate Hole by hole: Overton Park golf course renovation
King-Collins Golf Course Design has something of a cult following in the golf world for creating high-quality courses that are fun instead of difficult.
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Spirit of Memphis Conservancy seeks young ideas for old Overton Park
Overton Park Conservancy is asking the public to complete by Nov. 30 a 21-question survey to help guide a new master plan for the park’s east side. The survey is found at www.overtonpark.org/zone1.
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Real Estate Room in the Inn prepares its first home, and to grow
Room in the Inn uses the buildings and volunteers of 55 faith organizations to provide emergency shelter to the homeless. Now the organization is about to add a headquarters building and three more emergency-shelter programs.
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Premium
Real EstateMemphis-made manufacturer cites reasons for leaving
The founder and chief executive of Commercial Filter said Piperton in Fayette County will offer his company lower taxes and a more stable workforce. Plus, he lives in Piperton.
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Real Estate Longtime Memphis manufacturer moving east to Fayette County
A company that has been making air filters in Memphis for 30 years is moving and building a new facility in Piperton, just across the Shelby/Fayette county line.
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Real Estate Sales rise, prices soar for Memphis-area houses
Neither COVID-19 nor the shrinking number of houses on the market prevented home sales in the Memphis area from rising 6.4% in October.
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Real Estate Center will provide recuperation for homeless patients released from hospital
The site is the former home of the historic Collins Chapel Connectional Hospital near the Medical District.
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Real Estate Central Yards’ central goal: Blend in with Cooper-Young
Fleming Architects believes it has met the challenge: Design a $60 million development of 348 apartments, parking structures and 53,000 square feet of retail so that it fits in with Cooper-Young’s older, smaller buildings.
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Premium
MidtownLuciann’s future may allude to, not X out, building’s colorful past
The new owner is filling the place with antiques to open a shop. And instead of running from the building’s X-rated past, he may “lean into it.” But don’t worry, the idea involves whimsical branding, not adult entertainment.
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Real Estate Bio-services firm may add 561 jobs, invest $213M; seeks incentives
Cognate BioServices, which has been contract-manufacturing in Memphis since 2007, seeks 15 years of property tax breaks that would save the company $52 million in return for the jobs and investment. However, the firm would still pay $65.4 million in taxes during the same period.
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Real Estate Cognate BioServices gets big tax break for big investment, hiring spree
The bio-services firm commits to creating 561 more jobs that pay $63,749 on average, and to making a $212.9 million capital investment.
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