Real Estate
In-N-Out plans to buy East Memphis land for $5 million
Documents show indoor and outdoor seating accommodating up to 105 guests, a drive-thru that can accommodate 26 cars and 79 parking spaces.
Reporter
Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
There are 139 articles by Dima Amro :
Documents show indoor and outdoor seating accommodating up to 105 guests, a drive-thru that can accommodate 26 cars and 79 parking spaces.
Home prices rose in September compared to the same time last year, with the median sales price increasing from $215,000 to $230,000.
How will 20 local developers work to close the gap on 30,000 affordable homes?
Speakers will discuss the latest developments in the Cleveland Street Corridor, Downtown and the Edge District at The Daily Memphian’s Developing Memphis Seminar on Thursday, Oct. 23, at Memphis Botanic Garden.
The Cordova property is the Alabama-based real estate firm’s first investment in the Memphis area, but the CEO said more are planned.
“Soul and Spirits is positioned in the middle of this growth as a key neighborhood amenity that can provide a ‘third place’ for residents and visitors alike to gather.”
Also, a yoga studio closes Downtown, an HIV/AIDS clinic opens in Whitehaven and a credit union expands.
A Knoxville-based real estate firm plans to buy the 205,000-square-foot Prospero Place Tower at 50 S. B.B. King Blvd. and the neighboring 756-space parking garage.
Highwoods Properties developed the building, all nine floors of which is occupied by International Paper, for $56 million in 2014.
The former Downtown Royal Furniture Co. building, which was slated to become a Dream Hotel and mixed-use development, was sold in a foreclosure sale to the lender of the project.
Plus, a Germantown weight loss clinic that’s “about the inside out” opens, and a former Mexican restaurant could become and AutoZone.
A Google representative said they would hire “hundreds of people for full-time operational jobs here on the site and thousands of construction jobs.”
Studios and one- and two-bedroom units are coming to a site right off of Union Avenue.
Both Gussied Up and Bar Limina are a part of Cnct. design’s goal to make the Edge District a Memphis destination.
AngelStreet Memphis is fundraising for the $2 million development with partners already in talks.
The nonprofit announced plans to build the semi-attached single-family homes on 3 vacant acres in Uptown within the next 24 months.
Krosstown Kleaners was built in 1910 with a bakery on the ground floor and a residence on the upper level. In 1944, the space became a dry cleaning business with the iconic neon sign.
The nonprofit announced plans to build the semi-attached single-family homes on 3 vacant acres in Uptown within the next 24 months.
“New structures and new individuals and new ideas will have to bridge the gap between a dying community and a living community,” said Hyde Park resident Jairus Winfrey.
Four designs will be displayed on the Main Street Mall and will highlight and celebrate the city’s identity.
The solar panel project is expected to include up to 100 megawatts, possibly more.
Also, mother and son lease space at Regalia Shopping Center, and six multifamily complexes were sold in a foreclosure auction.
Google plans to limit its water usage to “domestic needs” and cover all the energy costs needed to power its West Memphis facility.
The EDGE resolution includes “solar as an eligible use of property.”
The Peabody Memphis has completed its latest renovation, a $19 million makeover of the historic hotel’s 464 rooms.