Downtown board asks to reevaluate financing options for Mobility Center
The project would stand six stories with 975 parking spaces and feature approximately 13,500 square feet of retail space, bike storage and showers.
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The project would stand six stories with 975 parking spaces and feature approximately 13,500 square feet of retail space, bike storage and showers.
The creation of the Peabody Hotel Surcharge will finance capital investments to the property totaling more than $125 million over the next 30 years for long-term preservation.
The hotel at Elvis Presley Boulevard would be One Stop Housing’s third property in Memphis.
KTG plans to keep 505 Memphis jobs while adding 36 new jobs with an average wage of $54,185.
Both developments — Link Apartments Broad Avenue and Parkside at Shelby Farms — anticipate delays in completion time.
The Krosstown Kleaners building was built in 1910 and originally served as a bakery, before becoming a dry cleaning business in 1944 with its distinctive neon sign.
The Greater Memphis Chamber’s Ted Townsend talks about the megasite’s name change — “I have no problem with it.” — the U of M’s new president and Downtown development.
The Downtown Mobility Center would stand seven stories on the 1.3-acre surface parking lot immediately north of the Orpheum Theatre and include nearly 1,000 parking spaces and ground-floor retail space.
The Birmingham-based developer is asking to move its closing deadline to next year.
The five-story development would include residential and retail space.
A California company opens a distribution center in Olive Branch, the renovation of Tri State Iron Works nears completion and the Hilton Garden Inn is bought for $36 million by a Virginia-based investor.
The center’s newly renovated, 118,000-square-foot exhibit hall was recently used as the set for a History Channel commercial featuring Morgan Freeman.
The facility at 7101 Goodlett Farms Parkway will become the medical device manufacturer’s second site in Cordova.
“Now it’s our job to capitalize on the opportunity to lure suppliers to Ford and related companies.”
Ms. Stella’s Cornbread to launch at Hickory Ridge Mall early next month, J. Word Enterprises purchases five local Save A Lot’s and RedZone Ministries plans to build a new community resource center.
For more than 30 years, Friends For Life has been the largest service provider for people living with HIV in the Mid-South, with a laser focus on prevention.
The Shopping Center Group’s Shawn Massey: “The leases we’re signing in Arlington and Lakeland right now are a direct result of Ford coming to town.”
Kinsey Thompson has seen opportunities where other people might see the impossible. But restoring a 110-year-old building is his biggest project yet.
Join us Thursday, Dec. 2, at 3 p.m. for The Daily Memphian’s Commercial Real Estate Seminar.
Charles Cavallo, who also owns The Cupboard restaurant, plans to fully renovate the ground-floor commercial space, which was once a jewelry store.
The vacant Madison Avenue building’s stained glass will be removed but its terra cotta facade will stay.
The ground floor will also sell and display local Memphis artwork.
The grant was in recognition of the MMDC’s work centered on building equity and prosperity through increased economic opportunities for BIPOC communities.
Warehouse Sale buys merchandise that was returned online, often purchasing it in bulk. It can then offer lower prices by skipping the retail markup process and selling directly to consumers at their pop-up events.
If approved by the union, the deal could end an almost two-month long strike.