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

Memphis tax abatement could pull industrial user from DeSoto County

aashby@dailymemphian.com (Andy Ashby) — Wed, 21 Oct 2026 18:09:23 -0500

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

Oak Court Mall demolition enters next phase

aashby@dailymemphian.com (Andy Ashby) — Wed, 21 Oct 2026 16:52:16 -0500

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.

Inked: Central Lofts, home sales numbers and a Collierville car wash

aashby@dailymemphian.com (Andy Ashby) — Wed, 21 Oct 2026 04:00:16 -0500

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.

Can state tax credits bridge the multimillion dollar gap for Memphis' historic landmarks?

aashby@dailymemphian.com (Andy Ashby) — Mon, 19 Oct 2026 14:21:15 -0500

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.

SpaceXAI leases large Southaven warehouse

aashby@dailymemphian.com (Andy Ashby) — Wed, 14 Oct 2026 16:28:11 -0500

The transaction is the latest in a series of leases that have given DeSoto County, and the overall Memphis industrial market, multiple quarters of positive absorption.

ALO Yoga confirms Southaven fulfillment and distribution center

aashby@dailymemphian.com (Andy Ashby) — Wed, 14 Oct 2026 14:57:28 -0500

ALO, a fashion and lifestyle brand, will invest nearly $176 million and create 400 jobs at a national fulfillment and distribution center in Southaven.

Inked: CrossFit Memphis stretching into bigger space

aashby@dailymemphian.com (Andy Ashby) — Wed, 14 Oct 2026 11:22:37 -0500

Also, Alterra IOS buys a Southeast Memphis property, and a locally owned business levels up with a larger location.

Falls Building gets 20-year tax freeze

aashby@dailymemphian.com (Andy Ashby) — Wed, 14 Oct 2026 07:32:04 -0500

New York-based Left Lane Development, operating as Falls Building Property Owner, bought the 156,000-square-foot building in May 2022 for $10 million with plans to convert it from office to residential.

Belle Mont's second phase gets 10-year PILOT

aashby@dailymemphian.com (Andy Ashby) — Tue, 13 Oct 2026 17:32:16 -0500

The $2.7 million second phase will have 14 units arranged around a central courtyard, a mix of triplexes and duplexes. Construction could start by the end of the year and be done late next year.

Local CEOs build houses for Memphis Habitat

aashby@dailymemphian.com (Andy Ashby) — Mon, 12 Oct 2026 10:47:14 -0500

Like all Memphis Habitat homes, the homes built during the CEO Build event will be sold to local homebuyers through the nonprofit’s affordable mortgage program.

From vacant to haunted: How Spirit Halloween pops up in Memphis-area storefronts each fall

aashby@dailymemphian.com (Andy Ashby) — Mon, 12 Oct 2026 04:00:06 -0500

Behind the seasonal magic is months of planning, scouting and scheming, all leading to the moment an empty storefront reopens as a fully stocked Halloween shop that announces All Hallows' Eve has arrived.

Inked: First Horizon Bank coming to Poplar and Mendenhall development

aashby@dailymemphian.com (Andy Ashby) — Wed, 7 Oct 2026 11:31:48 -0500

Also, Keystone Capital makes first commercial real estate purchase, and a mixed-use building is opening in the South Main District.

It's official: Living Spaces buys former IKEA store near Wolfchase

aashby@dailymemphian.com (Andy Ashby) — Wed, 7 Oct 2026 11:08:48 -0500

Living Spaces looked at a Cordova site in 2021 but didn’t build there. Now it has bought the former IKEA store in the Wolfchase area.

New IKEA building owner seems to be California furniture retailer

aashby@dailymemphian.com (Andy Ashby) — Tue, 6 Oct 2026 18:01:59 -0500

Living Spaces explored Memphis in 2021, filing a site plan with the Memphis and Shelby County Division of Planning and Development for a large furniture store.

Belle Mont's developer seeks PILOT for second phase

aashby@dailymemphian.com (Andy Ashby) — Tue, 6 Oct 2026 14:31:05 -0500

The second phase of development for Belle Mont in Crosstown, which will include affordable duplex housing, has applied for a PILOT grant.

Stalled Falls Building apartment conversion seeks new tax break as costs climb

aashby@dailymemphian.com (Andy Ashby) — Tue, 6 Oct 2026 11:54:30 -0500

It’s one of two payment-in-lieu-of-taxes applications the Downtown Memphis Commission’s Center City Revenue Finance Corp. will hear at their Oct. 13 meeting.

'It's going in the wrong direction’: Assessor sounds alarm on county tax base

aashby@dailymemphian.com (Andy Ashby) — Mon, 5 Oct 2026 13:11:14 -0500

Assessor Javier Bailey Sr. says empty Downtown office towers and lost tourism spending are shrinking the county’s tax base. He is planning a November summit to build a five-year strategy.

Historic Porter-Leath property to house veterans

aashby@dailymemphian.com (Andy Ashby) — Sun, 4 Oct 2026 14:08:26 -0500

The 27,249-square-foot adaptive reuse, called “The Leath,” will have 34 residential units.

Inked: Alo Yoga stretches to Southaven; Music, film nonprofit taking Front stage

aashby@dailymemphian.com (Andy Ashby) — Thu, 1 Oct 2026 14:46:14 -0500

North Mississippi continues to see renewed large-scale industrial activity — this time with a California-based yoga brand. Plus, MVP3 is getting a Downtown space on Front Street.

Belmont Grill building owner buys property next door

aashby@dailymemphian.com (Andy Ashby) — Tue, 29 Sep 2026 13:00:56 -0500

Jeff Dawson, operating as Nacks Properties LLC, bought the Poplar Avenue building currently home to Miestro, a home theater systems store, for $750,000.