Kemmons Wilson Companies buys historic Downtown building
The 115-year-old brick warehouse that for decades housed a chain Italian restaurant in Downtown sold this week for $3.35 million.
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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February 2020
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Real Estate -
Metro Memphis-area industrial market setting records
The hot industrial real estate market in the Memphis area just set two records, according to Cushman & Wakefield/Commercial Advisors’ latest quarterly report.
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Real Estate What’s the next step in evolution of Brookhaven Circle?
Residences are returning to a commercialized Brookhaven Circle, sending an upscale designer-clothing consignment shop from the area as the landlord plans a $1.5 million, multifamily development.
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Business Latest restaurant in Nineteenth Century Club mansion closes
The owners of Red Fish Bistro are halting operations to determine "the best concept and format for this magnificent building and location."
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Real EstateDowntown’s ornate Masonic Temple for sale
For sale for $2.5 million: A one-owner building with six floors, huge rooms and rich architectural detailing.
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Real Estate Harding sells Cordova campus to charter school
Memphis School of Excellence buys Harding Academy of Memphis' 20-acre campus in Cordova for $6 million.
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Real Estate New leader has simple message: ‘Be a cheerleader for Memphis’
Kathryn Garland, a former chef turned real estate agent, is the new president of the Memphis Area Association of Realtors.
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Metro Developers prep for selected demolition at Snuff District
Selective demolition of a relatively small part of the historic American Snuff Factory complex may soon start in preparation for a nearly $200 million mixed-use redevelopment.
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Real Estate Board backs office building over a neighborhood’s objections
The Land Use Control Board also approved plans for a gated, 19-lot subdivision in East Memphis, modifications to a commercial development in Raleigh and a request to close a public street at Memphis Country Club.
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Business Plan for East Memphis infill housing draws mixed response
Princeton Heights would be a 19-lot, gated subdivision about a block east of Princeton at Mendenhall.
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Visual Arts Memphis College of Art gives students one last boost with jobs fair
Businesses have until Friday, Feb. 21, to register for the free event on Feb. 25. It's MCA's last jobs fair, but one that may continue on anyway.
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Real Estate Renovation will return big windows to historic Cycle Shop
A Chattanooga-based real estate firm is collaborating with an Edge District developer to carry out a $3.6 million adaptive reuse of the Memphis Cycle Shop building.
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Business Distressed, crime-prone motels get new life as affordable housing
A Florida company has come to Memphis to convert distressed, crime-plagued hotels into small, affordable apartments with 24/7 security.
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Real Estate New hotel to rise on vacant Downtown corner
The $11 million project, which could begin construction this summer, joins a growing list of new and planned Downtown hotels
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Metro Vanick Digital will be renamed ‘PK’
Vanick Digital, a technology-consulting company based in Memphis until being acquired last summer, will become known as PK starting Monday, Feb. 24.
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Real Estate Construction of Fire Station No. 5 will start chain of projects
The Memphis Fire Department has filed for a permit to build a new Fire Station No. 5 at a new location. Moving a mile away to 400 Adams will clear the way for construction of a new Memphis Brooks Museum of Art on the Downtown river bluff.
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Business Memphis Heritage names June West’s successor
Meet Holly Jansen Fulkerson, who has taken over the leading role in Memphis for advocates of historic preservation.
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Real EstateArchInc uncovers soaring, historic space for its new office
The architecture firm is putting its specialty – designing renovations and adaptive-reuse projects for historic buildings – to good use, uncovering 1,900 square feet inside Downtown's 96-year-old Claridge House for its own offices.
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Business Valvoline plan improves walking along Union, but draws stiff opposition
A pedestrian-unfriendly section of Union Avenue with no curb, sidewalk or landscaping would be greatly improved if Valvoline is allowed to build an oil-change business there. But Midtowners have voiced stiff opposition because of the gritty nature of the business.
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Transportation & Logistics FedEx plane planned for East High’s front lawn
The Shelby County Schools board has applied for a zoning variance to create a static display of a FedEx Beechcraft airplane in front of East High School.
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Real Estate Oil change business can slide in next to historic district
The Board of Adjustment approved on a 6-1 vote Valvoline Instant Oil Change's request to build at 1615 Union. The site is next to the Central Gardens residential historical district but also in a place already zoned for such vehicle-services businesses.
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Real Estate Carlisle buys 100-year-old building near One Beale
A company affiliated with Carlisle LLC, developers of One Beale, has just purchased a century-old, vacant warehouse at 339 S. Front.
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Spirit of Memphis Three new sculptures proposed for Memphis riverfront
The Design Review Board will consider three proposed sculptures for Downtown, changes to the design of Poplar Art Lofts apartments, and the renovation of the old Glass Factory building for Memphis Made Brewing.
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Downtown Indigo Ag: Memphis office growing despite job cuts
Indigo Ag indicates that roughly 50 Memphis employees have been laid off. Yet, the Memphis staff of 280 is still larger than it was a year ago and will keep growing, a company representative says.
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March 2020
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Business Strickland embraces Countrywood, opposes its de-annexation
Mayor Jim Strickland and all four of Countrywood's City Council representatives attend its neighborhood association meeting.
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