Architectural materials warehouse planned for Olive Branch
Material Bank plans to lease warehouse space, invest $14.5 million and employ 300 people in Olive Branch.
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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October 2020
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Real Estate -
City of Memphis City playgrounds set to reopen Friday, Oct. 9
Like at other city parks, Overton Park Conservancy is reopening its playgrounds on Friday, Oct. 9. The conservancy is also launching a weeklong campaign to raise donations that will be double-matched by International Paper.
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Real Estate Planning board approves just one of 3 proposed gas stations
A proposal to build a Murphy Express gas station in Raleigh received approval even though it does not follow the city’s long-range concept plan to make key intersections more appealing and pedestrian friendly.
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Real Estate Drop-in center will offer rest, food, safety for prostitutes
The transaction shows a typical real estate exchange: $225,000 for a property near Summer Avenue. But the plan for the building may be like nothing Memphis has seen before.
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Spirit of MemphisMyCityRides buys Summer Avenue property for scooter campus
The nonprofit organization that promotes the 169cc SYM Fiddle III motor scooter as an affordable solution for getting Memphians to and from work now plans a new campus on Summer Avenue.
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Real Estate Amazon plans to build delivery station along I-40 in Cordova
A developer has filed for a 31-acre planned development just west of Appling Road along I-40, where a 141,000-square-foot Amazon delivery station would be built.
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Real Estate U of M seeks approval for 529-bed student apartment development
The University of Memphis seeks approval of a planned development to build six buildings for 135 student apartments, or 529 beds, plus a small commercial building. The linear development would stretch along Deloach from Poplar to Central.
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Real Estate CHOICES moves into colorful new building
The nonprofit that provides reproductive health services to women has moved into a new, larger building that can serve four times more women.
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Real Estate DMC’s effort to fill shop spaces wins international award
The “Open on Main” initiative has won a Pinnacle Award from the International Downtown Association.
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DowntownNew CEO continues Indigo Ag’s commitment to Memphis headquarters
Ron Hovsepian didn’t bring Indigo Ag’s big North American commercial headquarters to Memphis, but he’s already spoken with the mayor and governor to reaffirm the startup’s “enthusiasm” for the city.
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Real Estate Kemmons Wilson Companies unveils Downtown headquarters design
The design by LRK Architects for adaptive reuse of the historic warehouse that once housed Spaghetti Warehouse adds a prominent front porch, monumental glass entry and lots of windows.
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September 2020
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Real Estate Historic-district status sought for Crosstown
Residents propose the Crosstown Historic District as a way to protect the character of the 12-block area.
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Real Estate New plan calls for demolishing all of historic Nylon Net Building
Carlisle Development had planned to preserve the most ornate part of the historic 7 Vance building as part of a plan to build 200-plus apartments there.
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Real EstateTurner Dairy seeks exceptions for storage, trailer parking
Part of Turner Dairy’s plant site next to Overton Square is not zoned for trailer parking or materials storage. So the dairy is seeking zoning variances from the Board of Adjustment.
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Metro Father Vieron, peacemaker during city’s turbulent times, dies
Father Nicholas Vieron, a towering figure in the work to bring the races and faiths of Memphis together, has died.
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Real Estate Church sells land on prominent East Memphis corner
The Third Church of Christ, Scientist, which anchors a corner at Central and Highland, has sold its property for $3.3 million.
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Business Community-development funder opens Memphis office
Kathy Moore Cowan is executive director of the new Memphis office opened by Local Initiatives Support Corp., which has invested $22 billion to build or rehab affordable housing and develop retail, community and educational space.
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Real Estate Demolition to clear way for huge Link at Broad apartments
Heavy equipment is already in position on Broad to start demolishing an old warehouse next month. The work will clear 8.8 acres so vertical construction can start about April on the first, $50 million phase of the 350-unit Link at Broad Apartments.
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Business Kushner Companies buys apartments bordering Shelby Farms Greenline
The same real estate company that was headed by Jared Kushner until he became President Trump’s senior legal adviser has bought a 256-unit apartment property in Memphis.
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Real EstateMuseum Lofts opens next to National Civil Rights Museum
Managers of the new, four-story apartment building at 138 Huling are leasing the 68 units in the South Main District.
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Public Safety ‘Legal legend’ Leo Bearman Jr. dies
He represented clients in high-profile and important cases, even until his death. His communication skills were so legendary that other lawyers would slip into the back of the courtroom just to watch him work.
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Health Care Crosstown Dental opens Highland Row office, changes name
Dental practice, among the first tenants in Crosstown Concourse, has renamed to avoid geographic confusion. Two dentists will swap weeks at both locations.
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Real Estate U of M drops stance on need for apartment zoning after a neighbor — the mayor — weighs in
The University of Memphis had claimed it was not bound by local zoning for its plans to partner with a private developer to build student apartment buildings where houses now stand near campus. But the U of M changed its stance.
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Real Estate St. Michael Church grows against the grain, expands on Summer Ave.
While some churches nearby shrink or close, St. Michael Church on Summer Avenue will soon start construction on a new, $2 million parish office, has begun building two more soccer fields, and has plans for a new parish hall.
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Business Beer proof: Indigo Ag helps brewery make ale with wheat traceable to climate-friendly farm
Indigo, which has its North American commercial operations headquarters in Memphis, has partnered with one of the nation’s largest craft breweries. The wheat used in Dogfish Head’s new beer can be traced to a climate-friendly farm in Kansas.
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