Dental lab may open near airport
Executives with a dental products company say they would open a dental lab near the airport if their company receives a tax incentive.
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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December 2020
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Real Estate -
Real Estate Parking-lot prayers: Brothers’ love transcends a COVID death
They were about as close as brothers can be, having been forced to share a bed or bedroom through childhood. COVID-19 took the life of Donnell Cobbins on Friday, Dec. 11. And Darrell Cobbins now knows the meaning of a stranger’s message to both of them when they were teenagers.
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Real Estate Last call at Earnestine & Hazel’s: Offers due by Jan. 15
States the marketing brochure: “Owner reserves the right to accept all cash full price offers on a first come first serve basis.”
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Premium
Real EstateHue and cry? Bold colors, painted brick stir debate over apartment renovations
A colorful debate is being waged over the striking designs in the renovations of two old, East Memphis apartment communities.
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Real Estate Grants to help Alcenia’s owner buy, improve her Downtown building
The owner of Alcenia’s restaurant is receiving help from multiple organizations to buy and improve her Pinch District building. And the owner of a historic Film Row building receives help to renovate the exterior of the Art Moderne structure.
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Real Estate EDGE approves tax incentive to lure dental company
If Crown World decides to come to Memphis, it would buy and renovate an empty, airport-area office building, invest $2.7 million in the property, and hire 25 people.
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Real Estate Zoning variances approved for homeless service, extended for Railgarten
The Board of Adjustment approved zoning variances for both a service to the homeless and for the Railgarten entertainment venue. But the board imposed two-year sunset clauses on both approvals.
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Real Estate Faropoint sells 28 Memphis industrial buildings for $86 million
The industrial real estate firm Faropoint had acquired in 2016 five of the buildings it just sold, and bought the other 23 buildings in 2018. Faropoint still owns a substantial amount of industrial space in Memphis.
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Spirit of Memphis Ashley, Peyton Manning make ‘lead gift’ to Overton Park golf course renovation
The amount of the Mannings’ donation to the Overton Park golf course renovation was not revealed, but the contribution brings the amount raised so far to $1.7 million of the $2.5 million fundraising goal.
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Real Estate Logistics facility sells as Memphis industrial spec construction heats up
Completed in 2019 at 6200 Global as the city’s first spec warehouse in 11 years, the 421,000-square-foot, Class A facility quickly landed a tenant and has just sold for a second time. And, several other speculative logistics centers in Memphis are in the pipeline.
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Real Estate Carlisle: Hyatt Centric to offer ‘unparalleled’ river views despite taller Grand Hyatt
Hyatt Centric’s hotel guests and patrons of its rooftop bar and riverfront restaurant will have river views despite plans to erect a taller Grand Hyatt next door.
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Real Estate Poetic justice: Rogue road sign finds legal home outside Metal Museum
Now, the refinery and steelworkers of Presidents Island as well as Metal Museum visitors will be asked: “When you were still young, Did you ever dream about, Being who you are.”
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Real Estate City, state plan to sever Poplar from Scott Street
Affected property owners oppose the design for replacing the Poplar Viaduct that would remove direct access between Scott Street and Poplar Avenue. City and state engineers say keeping the connection would be less safe.
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Business William Deupree remembered for his fearlessness, wisdom
William “Bill” W. Deupree Jr., a key leader in the old Morgan Keegan & Co. investment firm, worked with vigor, spent his retirement years energetically, and gave generously.
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Business Pandemic stokes demand for firewood
Memphis is lit. Well, at least its fireplaces and backyard fire pits are. More people are staying home for longer periods of time during the pandemic, and that has created demand for seasoned firewood.
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Real Estate Memphis Country Club plans to expand tennis facilities
Memphis Country Club in 2016 purchased the New Olivet Baptist Church property and other properties, got the city to close a street bisecting the 4.1 acres, and now has unveiled plans to expand its tennis and pickle ball courts.
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Real Estate Lamar Ave. funeral home seeks second cremation furnace
A funeral home on the recently down-zoned section of Lamar wants to add a second cremation furnace, but now must seek a zoning variance to do it.
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Real Estate New retail building coming to East Memphis
Construction could start by March on a new retail building on Poplar at Humes, just east of the Poplar Viaduct.
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Real Estate Commercial space, townhouses planned for Cooper-Young
The firm’s plans for 2197 Central is just a block east of a much larger mixed-use development that is planned by another developer.
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January 2021
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Real Estate Designers share vision for Overton golf on walking tour
So far, $2 million of the $2.5 million goal has been raised to rebuild Overton Park golf course and renovate its Abe Goodman Clubhouse.
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Update
Real EstateCarlisle envisions a defining development for East Memphis, if stakeholders want that
The 9.3-acre site, now cleared by demolition, sold for $7.7 million to RCM Devco LLC, which lists developer Chance Carlisle of One Beale as its agent.
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Real Estate Underberg remembered for his Class A character in commercial real estate
He first founded The Furniture Center, then acquired a substantial amount of commercial real estate through his American Properties Co. No matter the deal, Ronnie Underberg wanted both sides to feel good about the transaction.
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Real Estate Probiotic pair grows commercial kitchen, other entrepreneurs
OtherFoods Kitchen now serves 25 small businesses that make everything from take-home meals to bagels to gluten-free dog treats. The shared commercial kitchen rents its facilities by the hour, allowing startup businesses to avoid big overhead costs.
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Real Estate Central Yards project seeks $23M tax incentive
Even with the tax-break incentive, Central Yards would still generate $7.7 million more in local tax revenues over 20 years than the same property would generate without the mixed-use development, according to the Downtown Memphis Commission.
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Food News Extra $5,000 grants available for COVID-affected restaurants, grocers
The EDGE board approves more grant money for restaurants and grocers that are affected by the pandemic and the latest restrictions.
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