Real Estate
Inked: YogaSix to open Downtown; Sephora coming to Cordova
YogaSix plans to open at 372 S. Main St. next year, and Sephora is headed to the Kohl’s at 2335 N. Germantown Parkway in Cordova.
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
There are 222 articles by Neil Strebig :
YogaSix plans to open at 372 S. Main St. next year, and Sephora is headed to the Kohl’s at 2335 N. Germantown Parkway in Cordova.
It’s been an ongoing issue for decades: Memphis needs full-service hotels that can accommodate large crowds. Without them, attracting conventions will remain challenging.
This week’s Inked covers the October 2022 real estate report, new PILOT for 47 S. Main St. and updates on Vic on Union and 280 Vance Ave.
The new $99.3 million plan will include a 181-room hotel, four restaurants and bars, and 10 high-end apartments. There are five Dream Hotels located in the U.S., including one in Nashville.
On Tuesday, Oct. 11, the Center City Revenue Finance Corp. approved a 12-year PILOT for the $46.6 million Vic on Union development in the Medical District and provided updates on the Dream Hotel project.
Internal city documents show that the Strickland administration and leaders at the state level were increasingly uneasy about the debt the city was taking on for the One Beale project — despite the economic benefits.
Developers Adam Slovis, Archie Willis and Brian Hill share project updates during The Daily Memphian’s “Developing Memphis’ seminar.
Chance Carlisle of Carlisle Corp. responds to Mayor Strickland’s letter on the Grand Hyatt financing stalemate.
Tom Intrator’s 18 Main is seeking a 20-year PILOT and tourism surcharge for an updated Dream Hotel project.
Chance Carlise of Carlisle Corp. said there’s a $5 million funding gap that is the result of the city delaying closing the deal.
This week’s Inked covers updates and potential road closures in the Pinch District and a partnership between Poag Shopping Centers and Jones Lang LaSalle.
A one-story building behind the apartments will be razed to make way for a parking lot with a brick wall barrier.
Every time a community adopts the federal Community Property Assessed Clean Energy and Resiliency program, it spurs development, according to a VP of a company that specializes in the financing.
And if “Young Rock” shooting is moved to another city, NBC can use the local tax incentive for a different television production.
This week’s Inked shares updates on a new Crunch Fitness location, new Hobby Lobby site and a $2.2 million remodel for Best Buy in the Market at Wolfcreek.
The 114th COGIC convocation returns Downtown next month.
The seminar will highlight ongoing projects from the three panelists, including updates from developer Adam Slovis on 100 N. Main and the Snuff District.
Eligibility requirements for PILOTs may change.
The third season of “Young Rock” will feature 13 episodes all filmed in or around Memphis and Shelby County.
On Wednesday, Oct. 19, the Center City Development Corp. approved grants for two buildings on Madison Avenue and the former Jazzy J’s Sports Bar at 954 Jackson Ave.
Louisiana-based developer partners with Memphis Housing Authority on $58 million renovation project for 421 units at the Borda Towers and Venture Center in Downtown.
This week’s Inked includes updates on BluffCakes new Germantown location and a second Scooter’s Coffee site.
Three of Cups will have a small food menu focused on charcuterie and a small vermouth beverage program instead of a full-service cocktail menu
This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report.
The Downtown Memphis Sheraton Hotel will be getting a significant makeover soon.