Metro Memphis hotel industry facing local, federal challenges
New federal labor regulations could cause additional labor shortages while driving costs even higher.
Sophia Surrett
There are 376 articles by Sophia Surrett :
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February 2024
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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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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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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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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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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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Real EstateInked: 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.
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Food NewsFood Files: Fabiola’s Kitchen to close, owner’s catering business will stay
Fabiola’s Kitchen is closing, but Simply Fabulous Catering is still going strong. Also, Bojangles might open in Cordova, and Starbucks near Highland Street is getting a new look.
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Business Southeast Memphis hotel could become apartments for veterans
The Tunnel to Towers Foundation, a charitable organization to support military veterans, has applied to the Land Use Control Board to turn a WoodSpring Suites into a multifamily apartment residence for veterans.
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Business EDGE approves 15-year incentive for massive high-speed internet project
With Memphis’ internet speeds among the slowest among major cities, EDGE officials say this project is an opportunity for growth.
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BusinessNew committee aims to give small businesses roadmap to success
The EDGE Small Business Incentives Advisory Committee — with members from Global Cafe, Crosstown Concourse, Trap Fusion and beyond — met for the first time to collaborate on how to help local business owners.
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Real EstateInked: BlueCross BlueShield moves and Fun City opens
BlueCross BlueShield of Tennesee is moving into the Commonwealth building, Fun City Adventure Park is coming to Cross Creek, and three multifamily buildings were bought for $1.28 million by Porch Tree LLC.
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March 2024
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Food NewsFood Files: Beef ‘O’ Brady’s; Congregation Coffee gets charcuterie
Beef ‘O’ Brady’s may be coming to Memphis, charcuterie lunchables and more to be served at Congregation Coffee, and Carrabba’s on Poplar Avenue closed.
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Food‘Foodpreneurs’ can ‘scale up’ with help of Memphis nonprofit
ScaleUp Kitchen is a free program directed toward unrepresented food entrepreneurs in the Fayette, Haywood, Madison, Shelby and Tipton counties to help them prepare for regional procurement opportunities.
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Real EstateMemphis investors breathe new life into Clark Tower
The 34-story tower in the heart of East Memphis has been renovated and brought back to life by local investors Clark Tower Owners LLC.
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Business Dunavant named chair of the Greater Memphis Chamber Chairman’s Circle
Lifelong Memphian Bill Dunavant III, CEO of Dunavant Enterprises Inc., said the city’s continued emphasis on crime has to change to achieve a more positive narrative and prosperity for all.
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Real EstateInked: 4 acres sold in Collierville, car wash coming to Shelby Drive and more
Tzoncalli Salon de Belleza expands into adjacent suite, 4.7 acres of vacant land sold in Collierville, Wastebox leases Mount Moriah Road warehouse and Century Express Carwash is coming to East Shelby Drive.
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Food NewsFood Files: Tous les Jours, St. Patrick’s Day fun, Mande Dibi opening day
South Korean bakery franchise to open three locations in Memphis, Mande Dibi announces opening date, and Celtic Crossing and Bog & Barley St. Patrick’s Day Festivities have been released.
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Real EstateIt’s not One Empty Place anymore
One Memphis Place, a 15-story glass tower in the heart of Downtown, reaches a record occupancy rate thanks to recent renovations and listening to tenants’ concerns.
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Real EstateInked: East Memphis Urgent Medical Clinic moves; new tenants in Elvis Presley Boulevard Shopping Center
Baby Grand moves into the Commonwealth Building; two tenants lease space in Elvis Presley Boulevard Shopping Center; and East Memphis Urgent Medical Clinic moves to Cordova.
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BusinessMemphis spotlighted at SXSW
The Chamber secured an all-day Memphis showcase on Saturday, March 9, officially called 3-9(01) Day, to highlight the city’s innovators, creators and entrepreneurs.
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Real Estate 100 N. Main approved for a Marriott hotel brand
After receiving approval to use a Marriott brand, 100 N. Main developers are seeking the premium Autograph Collection for its $282 million redevelopment.
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Food Taiwanese-style bakery set for Germantown Parkway
Sweet Musings will serve Asian-French pastries made with less sugar than traditional American desserts, plus coffee and boba tea at 1890 N. Germantown Parkway in Cordova.
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Food NewsFood Files: Belltower opens doors; Huey’s closes — temporarily
Plus, Rendezvous will have special hours for March Madness.
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Transportation & Logistics Entrepreneurs sought to solve Memphis’ transportation issues
The Ford Urbanite Memphis Challenge welcomes local and national entrepreneurs on any level who can solve Memphis’ transportation challenges.
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