Sterick’s garage set for face-lift; three restaurants land loans
EDGE approves the purchasing and refurbishing of the Sterick Building’s parking garage, an amendment to DMN’s Fast Track tax incentive and ICED loans for local eateries.
Sophia Surrett
There are 376 articles by Sophia Surrett :
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December 2023
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Real EstateInked: Kimbrough Center reno, education retail in East Memphis, more
The Kimbrough Center is being renovated, Lakeshore Learning is coming to Memphis and Concentric LLC brings the occupancy rate to 95% in the Acee Business Center.
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Real Estate Developer receives PILOT to build apartments near Overton Square
“I’m excited to bring a little more density to the area,” said developer Alfredo Cerpa. “But not just come with a new modern thing, but integrate what is existing in the community.”
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Real EstateNovember Memphis-area home sales are up from this time last year
Although home sales decreased by 259 sales from October to November 2023, Memphis-area home sales for November increased 1.8% from a year ago, with 1,230 total sales.
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Real EstateSterick Building to get refurbished parking garage
To help launch the historic skyscraper’s redevelopment project, the EDGE board will refurbish a neighboring garage for $4.2 million. The Sterick will share the parking spaces with an existing hotel.
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North Memphis Community breaks ground on Northside Square redevelopment
The former Northside High School will contain 42 affordable residential units, two-court gymnasium by Dream Sports, performing arts center, food hall by AR Hospitality, LifeDoc health clinic and more.
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Business Edgeview at Legends Park begins construction
The 3.82-acre development for low-income seniors is at 981 Peach Ave. in the Medical District. It will include 99 apartments, with 7% reserved for veterans. The complex is expected to be completed in early 2025.
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Business Renovations to begin on Krosstown Kleaners building
The building, originally built in 1910 with a bakery on the ground floor and a residence above, will soon be getting new life.
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Downtown Downtown building to get neon blue rooftop sign
A BlueCross BlueShield of Tennessee sign will be installed on top of the redeveloped Hickman Building, just north of AutoZone Park.
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BusinessMemphis Food Files: 2 new Rotolo’s, 1 drive-thru Zaxby’s
Rotolo’s Craft & Crust expands into the Water Tower District at Schilling Farms and Silo Square in Southaven, Zaxby’s opens a to-go-only location and Popeye’s coming to Wolfchase Galleria.
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Real EstateInked: The US’ leading rice company is expanding its Memphis factory
Also, the Mid-South Carpenters Regional Council is relocating and will be able to host more carpentry apprentices in its new space, and a national public-accounting firm is moving to the Renaissance Center in East Memphis.
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Business Hundreds of tourism professionals land in Memphis
“Some of these folks are here for the very first time, so it’s an opportunity for us to really showcase what Memphis has to offer our international visitors,” said Kevin Kane, president of Memphis Tourism.
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Real Estate Mayor-elect and economic leaders discuss development and BlueOval City
Economic development has surged in the Memphis area following the COVID-19 pandemic-induced slowdown. That was the message at a seminar hosted by The Daily Memphian Thursday, Nov. 30.
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Food NewsMemphis Food Files: Stud Muffins opening third location with acai bar
Stud Muffins expands into Cordova and Crosstown sees the return of Farm Burger and the addition of Vibe Foods Superfood Bar.
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November 2023
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Real Estate Developers, city officials break ground on 100 N. Main project
The $261 million project is expected to be completed by early 2027.
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Food News Fancy’s Fish House closes to prepare for new concept
The upscale seafood restaurant in Downtown Memphis opened less than two years ago.
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Real EstateInked: Union Avalon Shopping Center is halfway leased
This week’s Inked features new leases at Union Avalon Shopping Center, a new Dollar Tree, a new Footlocker and a retail center/warehouse project.
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FoodMemphis Food Files: Another Whataburger
Memphis will get an eighth location of the popular fast-food chain. Plus, Margarita’s is coming to Lakeland Commons, and Marco’s Pizza is also planning an Arlington site.
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Downtown Groovy Gratitude juice-and-smoothie bar set for Uptown
The bar at 605 N. Second St. will also serve smoothie bowls, freshly pressed juices, salads and wraps, as well as offering a grab-and-go section.
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Real EstateInked: PURE moving main campus; nearly vacant center getting tenants
PURE Academy’s new campus will have 10 times the school’s current capacity. Also, a building at the corner of Kirby Parkway and Winchester Road will be “activated” with some new tenants.
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Real Estate Seminar to showcase 2024’s commercial real estate outlook
Local commercial real estate experts will discuss how many businesses are building the spaces they will occupy themselves and how work from home is affecting office space in Memphis.
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North Memphis Northside Square, formerly Northside High School, to be completed in fall 2025
It is one of the city’s largest Black-led developments in a predominantly Black neighborhood, said The Works president Roshun Austin, who will oversee the project.
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MidtownNineteenth Century Club owners ‘totally agreeable’ to paint removal
Owners of the historic building unwittingly created an uproar by starting to paint the brick. But they’re fine with a plan to restore the original facade at the future Tekila Modern Mexican restaurant site.
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Food NewsMemphis Food Files: Rock’n Dough Pizza to open in the Medical District
Plus, longtime favorite New Asia has new ownership, and a Chipotle location is headed to Millington.
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Business Red Cup Day meets Starbucks’ workers strike, The Red Cup Rebellion
Local Starbucks workers joined a nationwide strike against the Seattle-based coffee chain on Thursday, Nov. 16.
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