Real Estate
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 2018
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Breaking News
Real EstateThe Racquet Club may be redeveloped with an upscale Hilton hotel and high-end apartments in a way that helps transform the surrounding area into a more pedestrian friendly place, club owners told members this week. -
Business Breaking down Indigo Ag’s jobs and salaries
Indigo Ag will be a Downtown Memphis employer where no one makes less than $64,480, where the average salary will be $92,383 and where 90 people will make $180,960. -
Real Estate Indigo Ag’s average Memphis salary to be $92,383
The 625 new corporate jobs Indigo Ag will bring to Downtown Memphis will pay an average salary of $92,383. -
Business Indigo Ag acquires ag-tech firm with satellite imaging, artificial intelligence
Ag-tech firm Indigo Ag has bought a company that uses satellites and artificial intelligence to operate a “living map’’ of the world’s food supply, Indigo Ag announced Thursday. -
Real Estate Indigo Ag bringing 700 jobs to Downtown Memphis
Indigo Ag will establish its headquarters for North American commercial operations in Downtown Memphis, where the high-tech agriculture firm will increase its workforce by another 700 corporate employees and invest $6.6 million over the next three years, company, state and local officials announced Wednesday. -
Business Riviana’s South Memphis rice plant expands production yet again
A South Memphis rice processing and packaging plant has filed for yet another building permit to continue a string of expansions that started eight years ago. -
Business Plan to replace office building with car wash delayed as opposition mounts
The business proposing to replace the Century Building with a car wash sought and received a 30-day hold as City Hall received 23 opposition emails from neighbors, even from Sun Studio and a New Orleans resident. -
Real Estate Krystal rebuilding two more Memphis restaurants
Krystal is tearing down two more of its hamburger restaurants in Memphis and replacing them with the chain’s latest design. -
Real Estate Gourmet popcorn stand coming to Crosstown Concourse
The snacks are changing, but savory aromas should still greet visitors entering the main entrance at Crosstown Concourse. -
Arlington Wright Medical to start expansion in Arlington, hire 30 more
Wright Medical Group N.V. will build a $13 million expansion to its Arlington manufacturing facility and hire an additional 30 people, the company revealed on Monday. -
Real Estate Refreshed Poplar Towers draws new tenants, restaurant
The 11-story Poplar Towers was a tired, 45-year-old office building in the middle of Memphis’ newest, most upscale and expensive offices. -
Real Estate Charter school will transform large, vacant building on Summer
A substantial development emerged Friday for Summer Avenue and the Highland Heights neighborhood with confirmation that a charter school plans to renovate and move into a large, vacant building on the commercial corridor. -
Real Estate Not on market, but warehouse sells anyway
An industrial real estate investment and operating company based in Dallas wanted another Memphis property so badly that it made an offer for a building that had not been on the market and bought it. -
Real Estate One Beale: Apartments for ‘Laptops & Lattes’ and the ‘Urban Chic’
Apartment construction in Memphis has been on a tear in recent years, with new units springing up across the city. -
Real Estate Construction nears for One Beale
The riverfront One Beale development should soon become a reality; a building permit application for the first phase was filed this week. -
Real Estate JASCO Realtors merges into Keller Williams
JASCO Realtors, a Memphis-grown agency, is merging into Keller Williams Realty Memphis to create a Mid-South office with more than 300 agents, the companies announced Wednesday. -
Real Estate Developer proposes Poplar Arts Lofts in Midtown
A developer proposes to demolish Poplar-fronting buildings being sold by the Memphis College of Art and erect a six-story, 120-unit apartment building there. -
Business Verizon installing new technology at Memphis-area switch station
Verizon Wireless is spending nearly $3.5 million to update its Memphis-area switching station. -
Real Estate I-40’s solar visitor center is open
A ribbon-cutting ceremony 30 miles northeast of Memphis will be held this week for one of the most unusual visitors center/rest stops along Tennessee interstates.
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November 2018
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Real Estate Gibson moving Memphis guitar production to Nashville
Gibson Brands Inc. will stop making guitars in Memphis by April and move the operation to its Nashville headquarters. -
Real Estate Jobs center moves to Midtown
Workforce Investment Network is moving its central employment center from Downtown to Midtown, at 155 Angelus. -
Real Estate Memphis has big presence at World Architecture Festival
They didn’t win this week, but two of Memphis’ new architectural gems were among 535 “short-listed” projects in the 2018 World Architecture Festival Awards in Amsterdam. -
Real Estate One & Only BBQ expanding to Southaven
One & Only BBQ is expanding its footprint outside of East Memphis for the first time with the purchase of a closed restaurant property in Southaven. -
Real Estate Citizens offer more feedback on future of Overton Park buildings
However Overton Park’s two iconic buildings are reused in the future, they should welcome the public with open arms, continue to celebrate art and support artists, and provide continuing education. -
Real Estate Ollie’s discount retailer coming to Memphis
Ollie’s Bargain Outlet will fill two spaces in Memphis vacated recently by the closing of Toys R Us stores.
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