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.
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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September 2020
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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 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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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 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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October 2020
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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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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 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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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 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 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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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 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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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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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 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.
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Real Estate Is COVID boosting home sales?
The pandemic, combined with low interest rates, may be fueling home sales. At least among those who have job security.
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Real Estate Memphis industrial real estate remains solid despite pandemic
Despite COVID-19, companies have absorbed more than 3 million square feet than they have vacated in the Memphis area during 2020.
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Real EstateFor sale: Historic synagogue site filled with memories and marble
Built 65 years ago for the Baron Hirsch Synagogue and sold 28 years ago to a Church of God in Christ jurisdiction, the historic property at 1740 Vollintine is up for sale for only the second time.
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Business Indigo Ag’s carbon credits help farmers, environment
Indigo Ag has launched a new line of business selling carbon credits that benefit farmers in sustainable agriculture. And Indigo’s first eight corporate customers include some stellar names.
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Real Estate Efforts to bring grocery to Downtown/South City fail
A developer has given up — for now — on a two-year effort to recruit a grocery store to serve South City in an otherwise comprehensive, $227 million project to improve the quality of life in the economically distressed neighborhood.
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Real Estate Builders succeed by putting higher-end homes where others don’t
The concept contradicts traditional ideas about real estate, but buyers are snapping up the relatively expensive houses Laurynas Petrauskas and Raymond Sharkus build next to less-valuable homes.
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Real Estate Black developer, architect and branding power proposed hotel/condo high-rise
Ralph Lauren model Tyson Beckford is friends with the Memphis-born architect for the proposed $180 million high-rise in the Pinch District. The Beckford Hotel would reflect Beckford’s image, described as: “Where sophistication meets chic.”
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Real Estate One Beale starts pre-leasing apartments, office element dropped
First come, first served: The first 100 units at the The Landing at One Beale are nearly complete and can be pre-leased by apartment hunters willing to commit based on information and images at landingresidences.com. In-person tours are still a few weeks away.
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Real EstateMystery solved: Poplar Plaza statue found by DM reader
The 10-foot-tall artwork of spiraling, silver aluminum stands in a nook less than a mile away.
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