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 :
Capital Square bought the Butler Row property at 509 S. B.B. King Blvd. from Drapac Capital. Construction on the mixed-use project is set to begin later this year.
Adrian Granderson, Joe Johnson and Robert Higgins, all originally from Memphis, opened WKND Hang Suite in the South Main Historic District in 2018.
Memphis’ Hollywood Feed LLC is acquiring a Columbus, Ohio-based pet-supply store.
“(Ford) has not built an assembly plant in 50 years,” said Herbison, a key figure in the project’s development over the last several years. “And it’s the largest investment they’ve made as a company.”
A new grocery store ready to open in South Main. More funding has been arranged for several development projects in Uptown, Medical District.
New York-based developer Tom Intrator has also secured funding for his separate, $1.1 billion project in the Pinch District.
Edge District’s mural “There’s More to be Proud Of” set to come down later this month.
Like Union Planters, which was acquired by Regions in 2004, and National Bank of Commerce, also acquired in 2004 by SunTrust, First Horizon could not avoid industry consolidation forever.
The CCRFC approved a six-month extension for the second phase of the $205M Snuff District development project. The first phase is expected to finish by fall 2022.
The Memphis area saw a 15.5% increase in average sales price last month compared to a year ago, and Whitehaven’s increase was 80%.
Don’t know the DMC from the MLC, or the CCRFC from the CBID? Here’s a quick guide to some commonly used business and economic development terms and organizations.
Bite Ninja opens, Trek Bicycle closes and Memphis region employment recovers to pre-pandemic levels.
EDGE board approves razing a building on Presidents Island, a PILOT extension for Thrive and updates to the Parkside at Shelby Farms development.
The Uptown development got underway last year with the first phase completing 11 cottages in June.
“We want it to be inviting,” Jack Dawson of LPI Memphis said of the former home of Bari Ristorante e Enoteca. “This is the entrance to the space. It needs to be worthy of that sort of greeting.”
Simmons Bank opens new corporate HQ in East Memphis, Memphis Stone & Stucco relocate, former ICE building under review for demolition.
The craft brewery will install a temporary patio this spring with plans for a permanent installation for future use.
The $65 million, 2.34-acre Butler Row development was previously awarded a 12-year payment-in-lieu-of-taxes in January.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
Carlisle Corp. will begin construction on the Grand Hyatt in May. The developer also announced the opening of Caption by Hyatt and plans for the former Nylon Net Building site.
Bhan Thai is up for sale, Minglewood Hall set to reopen and new 120,000-square-foot warehouse is in the works in South Memphis.
New industrial market reports continue to highlight impressive growth, interest throughout greater Memphis region.
The project will feature 294 multi-family units as well as a two-story, 400-vehicle parking garage.
The Greater Memphis Chamber will be moving its Downtown office from the Falls Building to the Tower at Peabody Place.
Plans were submitted to convert the landmark at 1914 Poplar Ave. into market-rate apartments. An additional request to place the site on the National Register of Historic Places was also submitted.