Proposed Binghampton business includes ‘multi-architectural’ features
A developer has unusually elaborate plans for a convenience store with gas at the long-vacant corner of Sam Cooper Boulevard and Tillman Street.
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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April 2021
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Real EstateIndustrial broker: Real estate agent engineers a rare career
Laura Meanwell has worked as an engineer, led a successful campaign to change Germantown school hours, served on civic commissions, and even been a “director of euphoric events.” Now, she has a job that’s unusual for women in Memphis: Industrial real estate broker.
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Real Estate 7 Vance Building developers: ‘Failure is not an option’
Carlisle Development responded to the rejection of its design for a $43 million, mixed-use building in a positive, forward-looking way. The co-developers said they plan to “resolve any outstanding design issues.”
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Real Estate Planning board sees litter, rejects apartment expansion
All the litter showing up in each case file photo was not the focus of the development issues. But Land Use Control Board members took notice and rejected a landlord’s plan to enlarge his rental property in South Memphis.
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Business Number of houses for sale rises, but by less than 1%
The number of home sales rose 45% from February and nearly 13% from a year ago. But the stat that affects more people the most – the inventory of homes available for sale – remained low at 1,990.
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Real Estate Board approves designs for The Walk and Clayborn Temple, rejects 7 Vance
The Design Review Board approved and heaped praises on the design for the massive Walk on Union mixed-use development. But the board rejected the design for the $43 million 7 Vance Building, saying it might fit in Cordova or the suburbs but not in Downtown’s historic warehouse district.
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Real Estate ‘The Walk’ steps up with first design submission
The Design Review Board gets details about “Building G,” a massive structure of 400 apartments, 27,000 square feet of retail, a parking garage and much more.
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Real EstateTwo East Memphis neighborhoods want to block through traffic
Residents of two East Memphis neighborhoods request that their streets be permanently gated or blocked from two busy streets, Poplar and Highland. But doing so would degrade the connectivity of the city’s street network, the Division of Planning and Development says.
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Real EstateDeveloper calls Tunica nongaming resort a good bet
You won’t be able to bet on the $140 million entertainment resort just announced for Tunica, but don’t bet against its success, the co-developer says.
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Real Estate Design board staff likes new building coming to historic site
Few people if anybody wanted the demolition of Downtown’s historic Nylon Net Building. But the staff of the Design Review Board gives a thumbs-up to the proposed way that the replacement building would look.
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Real Estate Industrial property gets even hotter
Last year was the second-strongest for for industrial real estate ever recorded by Cushman & Wakefield/Commercial Advisors. But in just the first three months of 2021, the net, new space absorbed by users has already reached 68% of last year’s total.
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Real Estate NY developer proposes 5-story building on S. Main
Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.
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March 2021
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Real Estate Ice cream business, self-storage, Orleans Station among new zoning cases
The new Board of Adjustment applications include a business that wants to produce ice cream in Whitehaven, a 3-acre self-storage business in South City and a 10-acre mixed-use development in the Medical District.
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Real Estate Junior Achievement sells Downtown headquarters for $2M
Junior Achievement sold its two, attached buildings at 299-307 Madison, plus a 25-space parking lot, to ServiceMaster by Stratos. Junior Achievement now occupies a small office at the University of Memphis.
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Real Estate Resort, water park planned for old Harrah’s Tunica site
The redevelopment will feature a 20-acre water park, two hotels with 1,168 rooms, a renovated golf course and more.
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Real EstateMyCityRides hires like-minded Nickson contractors to build headquarters
MyCityRides has raised about 85% of the $3 million it will spend to establish a new, larger headquarters at 3155 Summer Ave. The nonprofit still must raise about $400,000.
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Real Estate Fight for eviction moratorium, Cohen urges Justice Dept.
U.S. Rep. Steve Cohen said he hopes landlords and tenants in Shelby County will “work together” – with the aid of an additional $8.6 million in federal emergency rental assistance – to prevent evictions.
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Business Appeals court refuses to stop evictions in West Tennessee
The Sixth Circuit Court of Appeals has denied the government’s request for an emergency, temporary halt to a Memphis-based ruling that allows evictions in West Tennessee.
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Real EstateNew funeral service finds sanctuary, savings in churches
Former Memphis City Council member Brent Taylor for years has acquired and operated funeral homes in small towns near Memphis. But he recently innovated a relatively affordable funeral service in the heart of the bustling Poplar Corridor in East Memphis.
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Real Estate Building housing Hunter Fan’s logistics HQ is sold
The distribution building that changed hands has been Hunter Fan’s logistics headquarters since 1996.
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Real EstatePurchase expands development site to 12 acres where Racquet Club stood
Property records show that developer Chance Carlisle’s RCM Devco has just added 2.7 acres to the 9.3 acres he plans to develop in East Memphis. The site at 5111 Sanderlin is where the Racquet Club of Memphis closed and was razed.
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Real Estate Smoke shop OK’d to open in ‘least favorite case’ ever
A planned tobacco shop will be allowed to open near Snowden School, but the owner must provide sales documents after the first three months proving that he’s not running a vapor shop, the Board of Adjustment voted.
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Real Estate ‘Orleans Station’ to bring residents, new retail to Medical District
A new, mixed-use development is designed to bring hundreds of new residents and new retail to a 10-acre area that touches the University of Tennessee Health Science Center campus, Victorian Village, the Edge District and the Medical District.
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Real EstateCBIZ takes long view, renovates its Clark Tower perch
The company that provides accounting, tax, insurance, auditing, and human resource services to businesses decided to stay and renovate its lofty place in Clark Tower.
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Real Estate Rhodes College to build new residence hall
The future residence hall will have more than 61,000 square feet, single rooms, suites, common spaces and a lodge for the campus’ cultural organizations.
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