Real Estate
Inked: Poplar Commons sold for almost $26M, Hotel Pontotoc facelift continues
This week’s Inked includes updates on the Hotel Pontotoc renovation and Poplar Commons shopping center’s new owners.
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 222 articles by Neil Strebig :
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March 2023
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Real Estate
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February 2023
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Business AutoZone plans to build Downtown skybridge
The walkway will connect at the fifth floor of the Downtown Mobility Center and the third floor of AutoZone headquarters.
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Real Estate Tuesday Morning to close six Memphis-area locations
Discount retailer Tuesday Morning is closing more than 400 of its stores, including several in the Memphis region.
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Business Advanced manufacturing in Memphis increases to $12 billion industry
In 2022, more than 1,000 advanced manufacturing companies were operating within the Memphis region with a combined workforce of 43,356 persons.
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Business Chamber announces Prosper Memphis initiative: It’s Memphis vs. errrbody
The Greater Memphis Chamber of Commerce shared the Prosper Memphis 2030 initiative, aimed at creating 50,000 more jobs and improving STEM vocational training for minority residents.
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Real Estate Timber company gets PILOT to move HQ to Cordova
Portugal-based MSS Steel and Ubique Group were also approved for PILOTs by the Economic Development Growth Engine for Memphis & Shelby County.
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Extension of first phase of Dixie Greyhound project awarded tax incentives
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Real Estate Extension of first phase of Dixie Greyhound project awarded tax incentives
Uptown Studios & Storage is part of November 6’s Dixie Greyhound redevelopment project. The developer plans to build a new four-story, 80,000-square-foot building at 475 N. Main St.
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Real Estate South Main retailer to expand
Tawanda Pirtle plans to expand the store into the adjacent storefront at 511 S. Main St.
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Real EstateInked: January home sales down, $5M Greenbelt dock expansion
This week’s Inked shares MAAR’s January 2023 home sales report and updates on Dwell at Shelby Farms and the Greenbelt dock expansion.
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Real Estate Downtown Memphis Commission approves new PILOT policy
The most notable changes to the tax incentives are the length of the program and a focus on affordable housing.
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Real Estate MSS Steel seeks 10-year tax break
Mississippi-based Belnick is also seeking a 10-year PILOT for a furniture distribution facility.
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Midtown Whataburger coming to Union Avenue
The former Union Avenue police station in Midtown will be home to a new Whataburger location.
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Health Care St. Jude files permits for new high-rise towers
St. Jude Children’s Research Hospital’s $13 billion campus expansion, the largest in its history, is progressing.
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Transportation & Logistics Portuguese company to invest $6M in new Memphis facility
The company chose Memphis for its first U.S. facility.
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Real EstateInked: Legacy expansion progresses at National Civil Rights Museum
This week’s Inked includes updates on the National Civil Rights Museum Legacy expansion, Klein Fitness and a new farmer’s market in Orange Mound.
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Real Estate With Grand Hyatt paused, parking lot to take its place
Carlisle Development filed plans to build a temporary surface parking lot at the proposed Grand Hyatt site at One Beale.
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Business Redeveloped Allen plant could generate $1B+ yearly, officials say
The Tennessee Valley Authority, which owns the plant, closed the facility in 2018. Demolition is expected to be completed in 2025, TVA spokesperson Scott Brooks said.
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Real EstateFirst phase of $50M Conwood Flats, Varsity Spirit renovation now open in historic Snuff District
The opening of Conwood Flats and Varsity Spirit’s headquarters marks the halfway point for the historic Snuff District redevelopment.
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Real EstateInked: RKA Construction launches commercial division
This week’s Inked covers news on RKA’s new commercial branch, a notable Downtown barbershop closes and updates on the Sterick Building.
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January 2023
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Real Estate Belz plans $17.6M apartment remodel at Pembroke Square, Peabody Place
Belz Enterprises plans to convert former office spaces at 119 S. Main St. into 73 apartments.
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Real Estate 100 N. Main developers get $7M for cleanup
Downtown Mobility Authority agrees to $7 million cleanout request for 100 N. Main building.
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Downtown Developers submit $7M cleanout plan for 100 N. Main
Once redevelopment is complete, 100 N. Main will include a restaurant, condos, 205 apartments, 160-room hotel and offices.
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Real EstateDeveloper Bill Townsend reimagines historic Victorian Village properties
Developer Bill Townsend originally mapped out plans to turn the historic Pillow-McIntyre House into an antique shop. Then he had second thoughts. He shares his new plans for two historic properties in the Victorian Village neighborhood.
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Business Connectivity key to Edge District, South Main renovations
One of the renovations will include an art gallery and retail area, as well as alley improvements.
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Real EstateInked: Memphis home sales dipped in 2022
This week’s Inked covers 2022 real estate figures, Q4 2022 industrial real estate reports and answers reader questions on the Grand Hyatt.
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