More Memphis area homes are on the market, but sales are down
“We are past the spring rush, there is ample inventory, and so buyers have opportunities,” said MAAR President Greg Renfrow.
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 110 articles by Dima Amro :
“We are past the spring rush, there is ample inventory, and so buyers have opportunities,” said MAAR President Greg Renfrow.
Carlisle Development Co. expects residential construction to begin early next year.
The Southaven facility will have three swing suites available for members and non-members to rent for unlimited tee times.
More than two million square feet of warehousing was leased this year to companies for solar equipment storage ahead of Trump’s cutoff date for receiving certain renewable energy tax credits.
“Everyone’s having a moment to showcase and share their thing that makes them a special artist, and Memphis is here to eat it up.”
For the past year, My Sistah’s House’s team has filed and refiled plans to build a 2,400-square-foot commercial and residential building as part of the nonprofit’s Tiny House Project.
Real estate company Newmark listed the campus for sale, according to its website.
Also, a new dental office will open in Hickory Hill.
Proponents of a plan to move the Shelby County Jail to the former Firestone plant say the site’s status as a brownfield is a positive for the project.
Shelby County is considering a public-private partnership to build a new jail at North Memphis’ former Firestone site. Here’s why.
The change is a result of “unforeseen regulator and economic uncertainties associated with the specialized health manufacturing industry,” according to documents.
The Center City Development Corp. also approved a $30,000 grant for Dawg Team, a pet apparel and accessories store that will also offer boarding and a self-serve dog wash.
“We have a technology and energy storage specialist, and he was looking at hot points within the market of where power stored energy is needed,” said a company representative. “That’s what we found, that there was a need to have a battery in Memphis.”
The group behind Amuse Adventure Museum and Memphis Escape Rooms is expanding its headquarters. And work is expected to start soon on new townhomes within Cooper-Young.
Beeline and Mallory Alexander International Logistics requested a PILOT to add 35 new jobs and ship directly to customers.
Hattiloo Theatre has stepped away from the project. Now the Community Redevelopment Agency wants input about the historic Brick Church.
The groundbreaking marks the beginning of phase one of the school’s $200 million campus improvement project, which includes three phases at the 95-acre campus at 6191 Park Ave.
The combined 363-room hotel will carry the Hyatt Centric flag.
A plan to build a new jail and relocate every criminal and civil justice institution in Shelby County to the former Firestone plant site in North Memphis was presented to the Shelby County Commission.
Also, Hattiloo Theatre backs away from church redevelopment, and Memphis Glass Works bought 8,156 square feet of industrial buildings in Olive Branch.
“There’s still some uncertainty out there with the tariffs, but at some point, businesses have to make decisions regardless of uncertainty.”
Mortgage rates are good compared to 30 years ago, and homebuyers no longer have to offer over the listing price for houses, real estate experts say.
Also, a construction firm is moving its headquarters, a discounted home-goods outlet is expanding and a former Walgreens and an Aaron’s Rent to Own building were sold.
“This is the weekend that people start thinking about buying for fall and winter,” said Kendra Vickery, owner of Spoiled Sweet Boutique in Germantown.
“It’s like I’m blinded by all the moving parts that are going on behind the scenes that get us to the next starting point,” said one of the developers as the team plans next steps.