LRK expands as projects keep coming
The busy LRK has added 14 employees this year as part of its effort to meet the work demands created by a robust economy for new development.
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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November 2019
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Real Estate Construction nears for apartments next to P&H, Shelby Farms
Two apartment developments totaling 487 units and more than $73 million in construction costs are about to rise next to a well-known Midtown bar and the city's 4,500-acre park.
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Real Estate Second hotel added to One Beale project Downtown
A 120-room, boutique hotel has been added to plans for the One Beale mixed-use development.
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Real Estate St. Jude drops request for temporary parking
Local planning boards are sometimes criticized for giving rules exceptions to developers at the expense of residents and neighborhoods. But this month even St. Jude Children's Research Hospital - arguably the most popular and influential "developer" in town - did not get its way.
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December 2019
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Real Estate Big tax incentives approved for Union Row, Pinch District
How do you jump-start nearly $1.4 billion worth of new apartments, stores and offices? A Downtown board answers that by approving $306 million worth of tax incentives, with $143 million more to come from other sources, for two large developments.
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Real EstateAnother part of the Memphis music scene is going away
The Consignment Music Store at 4040 Park Ave. will close on Dec. 17 after nearly three decades of providing local musicians with instruments or cash.
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Real Estate Old buildings coming down for Union Row
Just over a year after plans for the billion-dollar Union Row project was announced to Memphis, old buildings are being removed to make space for new apartments, hotel, retail, offices and green spaces.
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Food News U-Pourium Social taproom plans submitted for Downtown
Plans to turn a 99-year-old Downtown warehouse into a pub will be reviewed by the Downtown Review Board next week. -
Business Design of One Beale’s second hotel approved
The Design Review Board approved a design that preserves the facade of the historic Ellis Building in front of One Beale's second, nine-story hotel.
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Financial Services Renasant Bank seeks permit for E. Memphis headquarters
The Tupelo-based bank will build a 45,000-square-foot building at 5574 Poplar, where Executive Square offices have been razed.
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Business ‘Issues’ prompt changes at some Memphis Starbucks
Starbucks has recently tightened access to bathrooms and installed needle-disposal boxes at some of its core-Memphis coffee shops.
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BusinessHistoric status sought for site of women-owned, black business
Gladys "MaDear" Bennett overcame racial and economic segregation by running a successful fashion/sewing school and business in the basement of her home.
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Real EstatePlanning staff supports partial demo of Central Police Station
The proposed Loews Hotel complex would mean the preservation of the front of a historic building but the demolition of the back to make room for meeting, parking and delivery space.
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Real EstateCity adds ideas for Overton Park buildings
The city this week issued a request for proposals to fill upcoming vacancies at the Rust Hall and Brooks Museum buildings in Overton Park. The new timeline shows final choices will be made by next spring.
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Real Estate Oaksedge senior-living project may take new direction
Plans for the $89.3 million Reserve at Oaksedge, near Dixon Gallery & Gardens, may take "a different direction."
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Business Shelby Farms Park architect receives highest honor
Marlon Blackwell, who designed the buildings for the "Heart of the Park" renovation, has received the 2020 Gold Medal from the American Institute of Architects.
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Business Permit sought for $124M facility Amazon hasn’t acknowledged
A developer on Wednesday filed for a construction permit to build a $124.2 million "sort facility/warehouse" that Amazon declines to confirm.
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Business Loews Hotel plan for Central Police Station gets board approval
The Loews Hotel plan would replace the back part of the historic Central Police Station with meeting and event, delivery and parking spaces.
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Real Estate New hotel approved for East Memphis
Plans for a five-story, 98-room Residence Inn by Marriott still need approval from the Memphis City Council.
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Business Korean conglomerate to buy Mitsubishi plant, create 410 Memphis jobs
A Korean company will make an $87 million investment and establish its first presence in the U.S. in Memphis.
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Business Korean transformer company, AutoZone seek tax breaks
The EDGE board will consider tax incentives for a company that will occupy the Memphis Mitsubishi plant and an additional $1.9 million for AutoZone.
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Real Estate Construction at Williamsburg Village could start soon
Boyle Investment Co. applies for two construction permits totaling $1.5 million to renovate and rebuild the Williamsburg Village Shopping Center.
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Business North Memphis chemical plant wants to expand, seeks tax break
Penn A Kem executives say a $2.8 million local tax break will help them convince their European holding company to invest in a $38.5 million expansion in Memphis.
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Real Estate Tax incentives approved for transformer plant, chemical plant
The EDGE Board on Wednesday approved $13.1 million worth of new tax incentives for two companies that plan to make $141 million in capital investments and add at least 159 jobs.
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Business Google to open operations center near Memphis
Google announced Thursday that it will hire 350 people for a new operations center in Northwest Mississippi.
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