Mud Island project receives funding
Baron Von Opperbean and the River of Time received two grants Wednesday, April 16, to help build the immersive adventure museum at the former Mississippi River Museum on Mud Island.
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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 30 articles by Dima Amro :
Baron Von Opperbean and the River of Time received two grants Wednesday, April 16, to help build the immersive adventure museum at the former Mississippi River Museum on Mud Island.
The company expects to invest nearly $21 million in the project with more than $3.1 million for renovations and site improvements and $18 million in equipment and personal property.
The 2019 loan was secured by a deed of trust on the Lenox Office Park, which became collateral after the lending moved into “advanced foreclosure stage,” JLL’s listing said.
March home sales bounced back from February’s icy days as the spring market begins to flower.
State Sen. Brent Taylor proposed a bill in March that would have created a state-level board to offer companies tax incentives for projects in Memphis.
Hosted by the Memphis Area Association of Realtors Commercial Council, the Pinnacle Awards honor the top commercial real estate professionals and projects each year.
The Greater Memphis Chamber partnered with NextOp, a nonprofit connecting veterans and military service members with careers, to fly in 22 veterans to meet and interview with companies in the area.
In other news, apartments, offices and retail are planned for the former TV station at 2701 Union Ave. Extended.
MidtownMemphis.org is encouraging residents to speak out against Memphis 3.0’s future land use map, but other residents say the city’s zoning plan will be beneficial.
“It’s just a super exciting time to be in real estate as our economy is going through this transformation,” said Kemp Conrad of Cushman & Wakefield.
The Texas-based wholesale egg distributor plans to operate near the Simmons Bank Liberty Stadium.
Malco says it will only sell if it’s “the right thing to do.”
The summit discussed affordable housing in Memphis as the summit theme centered around creating generational wealth in Black communities where systemic inequities halt homeownership.
Also, a new Tractor Supply Co. will develop 7 acres of land for the new retail spot, and M.J. Funeral Homes is expanding.
The Downtown Memphis Commission’s Center City Development Corp. awarded the owner a $30,000 Retail Tenant Improvement Grant on Wednesday, March 19, for interior and exterior improvements.
A building in Memphis is trading church pews for stage cues, with Hattiloo Theatre tapped to run the theater program. Plus, a Nashville-based company takes the next steps for the Simmons Bank Liberty Stadium renovation.
Harmony at Morning Grove is accepting applications for the 55-and-older community that includes 196 units in a four-story building at 9525 U.S. 64.
Paralyzed Veterans of America plans to use the incoming community center for barbecues, tournaments and recognition.
Plus, four new apartment buildings are slated for the Medical District along Poplar Avenue and MLGW’s North Service Center facility is expanding.
A Shelby Drive industrial building will be auctioned off, an insurance agency is expanding to East Memphis and a wholesaler moved to Pleasant View Road.
Frigid February weather stalled real estate sales, Memphis Area Association of Realtors’ President Greg Renfrow said. But a bounce back could be just around the corner.
A new mailing and shipping center is headed to Jackson Avenue, and the Mid-South Paralyzed Veterans of American begins to develop its recently acquired property.
Former Jerry’s Sno Cones on Wells Station Road to become a convenience store; Home Dash furniture store moves into former American Freight space.
The forgivable loans will fund facade improvements, streetscape changes and interior design.
New guidelines emphasize walkability, attractive streetscapes, appealing facades, sustainability and authenticity to Memphis.
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