Memphis Local, Sports, Business & Food News | Daily Memphian | Andy Ashby

Midtown senior facility gets financing, small businesses get loans

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 17:49:01 -0500

A 93-unit senior housing project is moving forward, and a local board awards $43,000 in small business loans.

Ethnos Coffee Roasters eyes fall opening in Downtown Memphis

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 16:47:51 -0500

The Downtown Memphis Commission board talked coffee, new hires and beer at its meeting.

Developers line up funding for Midtown senior housing project

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 12:56:27 -0500

The project will have 93 units, with 72 for assisted living and 21 for memory care, plus restaurant-style dining, fitness amenities, memory care programming, entertainment spaces, salon and spa services and resident support services.

Inked: Sonic Drive-In coming to East Memphis

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 08:51:42 -0500

Another fast-food location is coming to Poplar Avenue. Plus, the Memphis Fire Fighters Association is building a new space.

Four Memphis-area Wendy's getting an update

aashby@dailymemphian.com (Andy Ashby) — Tue, 16 Jun 2026 11:05:36 -0500

Wendelta, a subsidiary of Carlisle Corp., has acquired four local Wendy’s restaurants and plans “to make sure they’re running really, really well.”

Coffee company brewing up Harbor Town location

aashby@dailymemphian.com (Andy Ashby) — Tue, 16 Jun 2026 06:54:26 -0500

The project is an 800-square-foot retail bay between Cocozza American Italian Restaurant and Cordelia’s Market.

A $30M renovation turned an apartment complex into a fresh start for 200+ families

aashby@dailymemphian.com (Andy Ashby) — Mon, 15 Jun 2026 04:00:02 -0500

“We sometimes say that we make our money in complexity,” said Sarah Jemison, head of ALCO, which just cut the ribbon on new affordable-housing units in Memphis.

'Positive momentum' in area fuels North Mississippi industrial development

aashby@dailymemphian.com (Andy Ashby) — Fri, 12 Jun 2026 12:43:40 -0500

Hillwood Investment Properties has broken ground on a 1.15 million-square-foot building, the first speculative building in the area in three years, which is a positive signal for the local industrial market.

New York firm acquires former Memphis chemical manufacturer facility

aashby@dailymemphian.com (Andy Ashby) — Thu, 11 Jun 2026 04:00:08 -0500

Perdomo Worldwide plans to open a developable site in an older industrial submarket that’s seeing a slight resurgence.

Inked: Cordova Creek Apartments, Townsend Insurance and Memphis Goodwill

aashby@dailymemphian.com (Andy Ashby) — Wed, 10 Jun 2026 19:19:43 -0500

Graybel Investments and Quad Property Group bought Cordova Creek Apartments. Townsend Insurance Group bought the former Regency Realty office. Memphis Goodwill Inc. is leasing the former Big Daddy Pawn building in Southeast Memphis.

Canada-based company buys former Fred's HQ for $25 million

aashby@dailymemphian.com (Andy Ashby) — Tue, 9 Jun 2026 22:18:37 -0500

5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.

Projects planned in Parkway Village, North Memphis, Cooper-Young and Covington Pike

aashby@dailymemphian.com (Andy Ashby) — Tue, 9 Jun 2026 19:04:49 -0500

If approved, these projects could add residential units and commercial property across the city.

Outdoors Inc. building hits market for almost $2 million

aashby@dailymemphian.com (Andy Ashby) — Mon, 8 Jun 2026 18:21:56 -0500

Location, location, location: The two buildings that housed the former Outdoors Inc. are near one of the busiest intersections in the city, seeing more than 29,000 vehicles daily.

Work starts on $70M Smokey City Market in North Memphis

aashby@dailymemphian.com (Andy Ashby) — Mon, 8 Jun 2026 11:45:49 -0500

The Community Redevelopment Agency is moving forward with the first phase of Smokey City Market, an estimated $70 million project aiming to bring affordable housing, senior care, retail and green space to the area.

North Memphis is about to have Jazz and Blues

aashby@dailymemphian.com (Andy Ashby) — Fri, 5 Jun 2026 11:03:53 -0500

Memphis Jazz, a residential community of 249 homesites, will be across the street from the Memphis Blues neighborhood.

Inked: Dunkin', Tolteca and Welltower do deals

aashby@dailymemphian.com (Andy Ashby) — Wed, 3 Jun 2026 04:00:05 -0500

Dunkin’ crosses Union Avenue for a new location, Tolteca Foodservice buys a Southeast Memphis distribution center and Welltower buys a pair of local senior-housing facilities.

From ashes, a Mapco Express will rise on Poplar and Highland — with a patio

aashby@dailymemphian.com (Andy Ashby) — Tue, 2 Jun 2026 18:51:50 -0500

In January 2024, the Exxon/Hop-In on one of the most visible retail corners in the city was destroyed in a fire.

Long-vacant Holiday Inn, FedEx campus on Lamar gets new owner

aashby@dailymemphian.com (Andy Ashby) — Mon, 1 Jun 2026 06:35:58 -0500

The property was well-maintained for years but started to decline after FedEx left. Weeds have grown around the property, and the air conditioning gave out years ago.

Inked: Downtown's The Daily News building has a new owner

aashby@dailymemphian.com (Andy Ashby) — Sat, 30 May 2026 22:21:52 -0500

Local buyers claim former Daily News building and Fox Run Square. Helen of Troy expands to Southeast Memphis.

Former Commercial Appeal building set for demolition

aashby@dailymemphian.com (Andy Ashby) — Wed, 27 May 2026 16:00:23 -0500

Demolition of the former Commercial Appeal building could start in late June. DT Specialized Services, an Oklahoma-based company, filed a demolition permit for the property at 495 Union Ave.