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Bluff City Biz
 
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The Nashville-based law firm will lease more than 39,000 square feet at Poplar Avenue and Mendenhall Road, leaving Peabody Place after more than 25 years Downtown.

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Work is clearing the former Commercial Appeal site on Union Avenue, but Regional One says it won’t spend a second $14.4 million in county money without a clear funding plan.

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Major projects shaping the city’s future — ranging from the art museum on Front Street to a mixed-use development in East Memphis’ Poplar corridor — will be previewed at the Developing Memphis seminar.

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State historic tax credits could be especially beneficial in Memphis, particularly Downtown, where buildings listed on the National Register of Historic Places are eligible for the credits.

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The parent company of SpaceXAI announced its third-quarter earnings as its founder and CEO spoke about operations at its local data centers.

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The company now faces more than $226 million in liens against its Memphis and Southaven properties.

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The AI company said Mississippi’s environmental regulator is seeking civil penalties for potential violations of the state’s policies across three Southaven sites. 

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NuvaCare opened in Cordova on Oct. 19. Its doctor and others say it’s needed as more bilingual services are needed in medical settings in the Memphis area.

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Baptist Memorial Health Care paid $5.8 million for the hotel and its 2-acre site. A spokeswoman said there are “no new plans for the site.”

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ITT Goulds Pumps would leave Southaven after 20 years for a Memphis building under an incentive approved Wednesday, Oct. 21.

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Officials said the system is already in effect on the sixth floor of Frederick W. Smith International Airport’s seven-story economy garage.

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Crews have been working to demolish the former Macy’s portion of the Poplar Avenue property this year, and are moving on to the main mall building.

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Central Lofts has a new owner, local home sales fell by double digits in September, and a Florida investor bought the former Glide Xpress Car Wash in Collierville.

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