Business
Inked: South Main Trek Bicycle closes
Bite Ninja opens, Trek Bicycle closes and Memphis region employment recovers to pre-pandemic levels.
Neil Strebig
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 112 articles by Neil Strebig :
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March 2022
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Subscribers only
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Business A guide: Making sense of economic development terms
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.
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Real Estate February home prices up over a year ago
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%.
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Real Estate CCRFC approves six-month extension for $62M Conwood II Project in Snuff District
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.
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BusinessMemphis loses last ‘Big Three’ bank with First Horizon acquisition
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.
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Business Edge District art installation to be removed
Edge District’s mural “There’s More to be Proud Of” set to come down later this month.
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Neighborhoods Intrator makes progress on Pinch project; construction on South Main property underway
New York-based developer Tom Intrator has also secured funding for his separate, $1.1 billion project in the Pinch District.
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Subscribers only
BusinessInked: South Point Grocery to open, Northside High School inks EDGE grant
A new grocery store ready to open in South Main. More funding has been arranged for several development projects in Uptown, Medical District.
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Business HTL’s Mark Herbison visits Fayette County to speak about Blue Oval City
“(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.”
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Update
BusinessHollywood Feed expanding store count from 104 to 180
Memphis’ Hollywood Feed LLC is acquiring a Columbus, Ohio-based pet-supply store.
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February 2022
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Food DJ Devin Steel, WKND owners team up for Supper Club on 2nd
Adrian Granderson, Joe Johnson and Robert Higgins, all originally from Memphis, opened WKND Hang Suite in the South Main Historic District in 2018.
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Business Capital Square buys Downtown property that is part of the $65 million Butler Row project
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.
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