Real Estate
Inked: Bernhard in Shelby Oaks, Urgent Team clinic in Germantown
A Baptist Urgent Team clinic will open in Germantown in mid-March, The Onin Group is moving to Shelby County and Bernhard MCC will move into Shelby Oaks Industrial Park.
Sophia Surrett
There are 607 articles by Sophia Surrett :
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February 2024
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Financial ServicesMemphis financial strategist predicts ‘soft landing’ for US economy in 2024
Amid the wars, negative credit growth, shrinking money supply, upcoming elections and yield curve inversions, investment strategist David Waddell predicts a soft landing for the economy.
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Business Blue Suede Networks applies for 15 year tax incentive for $829M project
In five years, BSN estimates the economic impact of its project will be $1.4 billion, create 4,600 jobs and generate $5.76 million in local taxes and fees.
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BusinessMemphis economy is healthy but has areas for improvement
Memphis' economy can be improved by stabilizing income inequality, low median household income, and housing and food insecurity.
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Real Estate Crosstown Concourse eyes parking lot for future event venue
Crosstown Concourse might get an indoor event center on an unused surface parking lot following approval from the Land Use Control Board meeting on March 14.
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Business Memphis hotel market numbers returning to pre-pandemic levels
The Memphis area had more than 12 million visitors in 2023 and booked the most hotel rooms Downtown ever.
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Metro Memphis hotel industry facing local, federal challenges
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Business Metro Memphis hotel industry facing local, federal challenges
New federal labor regulations could cause additional labor shortages while driving costs even higher.
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Food NewsFood Files: Jack’s, Jamaican food at Wolfchase and a wing spot in Raleigh
Sauced by WS is moving from Southaven to Raleigh, Little Jamaica opens in Wolfchase Galleria and Jack’s opens its first location in Memphis.
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Real Estate Memphis home sales in January are up from last year
Despite last year’s declining inventory, there were 3,319 houses on the market in January, up 3.1% from December and 19% from January 2023.
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Real EstateInked: Soul Fish expanding locations; CRDN moves into Memphis warehouse
Soul Fish Cafe expands the Cooper-Young and Poplar Avenue locations into adjacent properties for more parking, and CRDN moves to a 100,000-square-foot warehouse in Memphis.
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Real Estate 100 N. Main 30-year tax incentive approved
The Center City Revenue Finance Corp. on Tuesday, Feb. 13, approved the 30-year payment-in-lieu-of-taxes (PILOT) and recommended the Memphis City Council approve the TDZ surcharge.
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Real Estate 100 N. Main developers apply for 30-year PILOT
Renovation of the 792,873-square-foot building will now cost more than $282-million, a 7% increase from the previous budget when presented to the Downtown Mobility Authority in 2022.
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Food NewsFormer Tsunami chef cooks up restaurant plan
Kevin Sullivan plans for Kitchen Laurel to serve “those staples you grew up with as a kid, made with some love and thought” in the former Farm and Fig space in Cooper-Young.
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Food NewsFood Files: Petals of a Peony takes over former Paulette’s space
Plus, Kung Fu Tea opens its first Memphis location and Huey’s in East Memphis expands its patio.
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North Memphis Proposed North Memphis housing for homeless people receives pushback
The Hospitality Hub applied to the local Land Use Control Board for a residential corridor revocation to allow it to build Studio Village, a mix of studio and one-bedroom cabins, on Scenic Highway near James Road.
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Real Estate Designs for Dermon Building, Ballard & Ballard Co. building approved
The 99-year-old Dermon Building is one step closer to becoming a Holiday Inn Express, and the Ballard & Ballard Co. building is getting a facelift.
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Real EstateInked: National Trading Co. swaps buildings; Cordova intervention center expands
Compass Intervention Center is growing. Plus, Kemmons Wilson Regional Shopping Center has a new occupant, and a Peabody Avenue apartment building has been sold.
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Real Estate Memphis-area home sales show a steady decline in 2023
The shortage of houses on the market, price increases and the rise of interest rates have resulted in a national trend of declining home sales, said the president of the Memphis Area Association of Realtors.
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Food News Bala’s Bistro owners plan West African barbecue grill
Restaurant co-owners, Bala Tounkara and Mady Magassa are adding to their traditional soul food menu by venturing into Memphis barbecue with a twist: West African flavors.
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DowntownBuying the Sheraton Memphis Downtown Hotel might be complicated
A hotel expert thinks the Sheraton could be a “really good opportunity for a buyer under the right circumstances.”
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Real Estate Sheraton hotel is on the market
Despite receiving a 30-year pilot, the owners of the hotel at 250 N. Main St. are planning to sell.
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Food NewsFood Files: Sister Sump Cafe, City Silo cocktails, and Guatemalan chicken
City Silo Table + Pantry to have organic cocktails and wine, Sister Sump opens by Southland Mall and Guatemalan-based Pollo Campero coming to Memphis.
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January 2024
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Real EstateInked: Kennedy View Retail Center, Bartlett office building sold
Kennedy View Retail Center and a Bartlett office building have been sold, a new tenant is at Goodlett Farms Parkway and 666 Riverside Drive will become an indoor climate-controlled storage facility.
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East MemphisLet your hair down at District 12, a bar for millennial trendsetters
The 5,000-square-foot nightspot at 6642 Winchester Road will serve hand-crafted cocktails and small plates alongside live entertainment from various musical artists.
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Food NewsFood Files: Rock’n Dough in FedExForum, Waffle House in Cordova
Uncle Red’s, previously Red Bones, will leave Carolina Watershed to open its first brick-and-mortar location. Plus, Rock’n Dough opens in the FedEx Forum, and Captain D’s is coming to Summer Avenue.
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