Real Estate
The Walk replaces ‘Union Row’ for big development’s branding
Union Row's new name reflects Downtown’s walkability, emphasizes action over talk (walking the walk), and focuses on people, the developer says.
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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August 2020
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Real EstateWork starts on Freddy’s in East Memphis
The Wichita, Kansas-based chain first opened a Freddy's in the Memphis market in 2017, and now operates three restaurants in the area.
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Health Care Bartlett medical-device maker to invest $13M, add 60 jobs
Engineered Medical Systems has already more than doubled the size of its facility from 40,000 to 92,000 square feet.
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Real Estate Senior living planned for part of Windyke Country Club property
The proposed senior living facility would be on 14 acres and would not affect golf at Windyke Country Club.
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Financial Services Indigo Ag raises another $360M from investors
Start-up Indigo Ag, with its North American commercial operations headquartered in Downtown Memphis, continues to raise investor funding, but has a goal to become self-sufficient by the end of this year.
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Real EstateRevisions made to proposed Broad Ave. convenience store/gas station
The latest proposal more tightly controls traffic flow and aspires to blend better with Broad's old buildings. But the opposition leader says the development would still be an unwanted gas station.
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Real Estate Apartments with a crust of retail proposed next to Gus’s chicken
The $30 million project would renovate and convert a 120-year-old warehouse at Front and Vance, create 165 apartment units, 10,000 square feet of commercial space, and 100 parking spaces.
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July 2020
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Real EstateBig warehouse near FedEx home office, TPC Southwind is sold
A South Carolina real estate investment firm just bought the Southwind area's 817,000-square-foot warehouse that had been used for decades by Nike.
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Real EstateMLGW pole blocks Grind City from opening taproom
Owners have spent nearly $11 million building Grind City Brewery Co. near Uptown. They are frustrated that the taproom's opening has been delayed for months while they wait for MLGW to move a power pole from the middle of the access drive.
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Real EstateC-store/gas stations fuel American dream for hard-working couple
Rooziman and Nighat Shah have just bought 45 acres at Hacks Cross and Shelby Drive, with plans to build a convenience store/gas station as well as a 16,000-square-foot shopping center on the corner. They own more than 100 C-stores in and around the Memphis area.
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Real Estate New Downtown grant would help with pre-construction costs
The proposed "Pre-Development Assistance Grant" would provide up to $5,000 for such costs as marketing studies, architecture, engineering and environmental assessments.
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Real Estate 210 units for Nylon Net Building, Oakhaven warehouse approved
The current plan for the adaptive reuse of the Nylon Net Building is to build 199 apartments and a two-level parking structure with 230 spaces.
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Real EstateAmazon locating sixth Memphis-area facility in Horn Lake
The e-commerce giant will now operate more than 4 million square feet of facilities in the Memphis area.
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Real EstateProposed C-store on Broad draws 93 opposition emails
Opponents' reasons can be grouped into about 10 categories, from traffic congestion to environmental concerns over underground gas tanks. Still, the Office of Planning Development has recommended the C-store be approved because the area around it has become more commercial. But now the case may be delayed until late August.
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Real EstatePandemic boosts Memphis-style industry: Distribution
Strong industrial real estate activity happened in the Memphis market during April, May and June, in part because of the pandemic, not despite it.
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Real EstateFather and son team aim to transform building near Medical District
A two-story commercial building at the seam of Central Gardens and the Medical District will soon become 18 units of luxury apartments.
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North Memphis Frayser gets $1.3 million grant to build community
The MassMutual Foundation grant will establish the Frayser Connect resource hub, an initiative that will match every $1 a Frayser family saves with $2, provide grants and loans for small businesses, and support other ideas created by a new resident advisory committee.
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Bartlett About face: Bartlett firm makes shields to cope with COVID-19
American Paper Optics – best known for its solar eclipse and special effects glasses – is now making and marketing face shields as an added layer of protection, especially for students.
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City of Memphis Dick Williams’ long-running ‘Magicland’ set the record
Dick Williams has died at age 92. He and his wife Virginia hosted a television magic show for children and families each week for 23 years, a record.
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Real EstateCordova snags a Hook & Reel
Yet another seafood boil restaurant is coming to Memphis. The Hook & Reel will breathe new life into a building where an O'Charley's Restaurant closed recently.
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Real EstateChick-fil-A in Wolfchase district among state’s largest
Chick-fil-A's unusually short but expensive move seems to affirm the Wolfchase shopping district has still got 'it': The power to draw customers from far and wide.
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Food News Southall Cafe to offer ‘chef driven’ breakfast, lunch in East Memphis
Owners of the new restaurant at 669 S. Mendenhall anticipate Southall Cafe will open by mid-August. It's part of Boyle Investment Company's newly renovated Williamsburg Village Shopping Center.
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Real Estate Sellers rule as home listings keep shrinking
The number of houses for sale in the Memphis area has dropped by a third over the past year.
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Real Estate Planning board - again - approves Elvis Presley manufacturing site and Cooper-Young four-plex
After the City Council sent the cases back, the Land Use Control Board for a second time approved two development proposals over the stiff opposition of neighbors.
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Real Estate Google taps Southaven for first center of its kind in U.S.
Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.
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