‘How did this happen’ to once-spectacular 100 North Main
Led by Kevin Woods and Billy Orgel, 100 North Main Development Partners share updated plans for condos in the historic building and outline the next steps in the property's renovation.
Topic: 100 N. Main
RSSThere are 56 article(s) tagged 100 N. Main:
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May 2022
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February 2022
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Bluff City Biz: The City of Memphis and 100 N. Main with Bill Dries
The planned $267 million revitalization of 100 N. Main would include 60,000 square feet of office space for the City of Memphis.
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Though argument could be made to move City Hall, that’s not in Mayor’s plans
The City of Memphis plans to take 60,000 square feet of office space in 100 N. Main when it is redeveloped.
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Bluff City Biz: 100 N. Main with Kevin Kane
This week, we’re joined by Kevin Kane, president and CEO of Memphis Tourism, and we discuss, yet again, 100 N. Main’s potential for adding Downtown vibrancy, as well as the need for a grocery store in South Main.
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January 2022
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Bluff City Biz: Quite the week with Kevin Woods
Kevin Woods, the Memphis market president for BlueCross BlueShield of Tennessee, has had a big week.
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Woods, Orgel, DMC’s Paul Young discuss future of 100 N. Main
Left vacant since 2014, Memphis’ tallest building is set to undergo a $267 million renovation.
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Touring 100 N. Main: Shattered glass, shell casings, law books and spectacular views
The Downtown Memphis Commission anticipates issuing in about two weeks a request for proposals to potential developers of the 100 North Main Building and the entire block it towers above.
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Billy Orgel, Kevin Woods team to invest $267M in redeveloping 100 N. Main
Orgel has had success in recent years with similar adaptive reuse projects like the Tennessee Brewery on South Bluffs and the American Snuff building in Uptown.
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November 2021
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Finalists announced for 100 N. Main
See exclusive renderings.
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September 2021
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About Town: The fate of 100 N. Main in the balance
The fate of Memphis’s tallest building is likely to remain unclear until the DMC selects one of the bids. Though there appears to be growing excitement that the high-rise’s days of uncertainty could be drawing to a close.
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11 developers vying for iconic tower
Proposals include known names like Chance Carlisle and Tom Intrator, as well as ones new to Memphis like Aaron Mesner of Block Real Estate Services.
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All bids in for 100 N. Main
The period for bids on Memphis’ tallest building is over, culminating in 11 offers.
Related story:
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Orgel, partners make bid to redevelop 100 N. Main
The group intends, if its bid is accepted, to invest around $267 million to revitalize one of the city’s most alluring pieces of commercial real estate.
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June 2021
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Clock’s now ticking: Who’s in with 100 North Main?
The Downtown Memphis Commission released its request for proposals from any developers considering buying and redeveloping the 100 North Main Building as well as the entire city blocks it stands on.
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April 2021
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Downtown Tourism Development Zone lost $5M in sales tax
On “Behind The Headlines,” the incoming CEO of the Downtown Memphis Commission says federal pandemic relief funding due the city will likely make up the loss. The drop in sales tax revenue for the TDZ comes as sales tax revenues across the city have exceeded bleak projections at the outset of the pandemic.
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March 2021
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County Commission approves 100 N. Main sale to city
Commission also approves the appointment of Dr. Marco Ross as Shelby County medical examiner.
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‘Bold’ purchase of city’s tallest building approved
“This will allow us to get rid of a black eye that exists right in the heart of our Downtown,” said the DMC’s interim president.
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Council Scorecard: An appeal to Nashville, the Health Department’s reckoning and an empty skyscraper
The Daily Memphian City Council Scorecard tracks three council decisions this week on major issues including what to do with the 100 North Main Building, a state law that would allow police and firefighters to live outside Shelby County and how, or if, to judge the Health Department as the city takes over vaccine distribution.
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Council approves sale of 100 N. Main to city
The city plans to offer the property to developers once the sale from THM Properties of New York City closes. Demolition of the part of the city’s skyline is also an option.
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City Council considers funding for city takeover of local vaccinations
The items added Monday evening to the council’s committee list include $1 million in funding for the city’s vaccine ramp-up. They join what was already a busy council day, including the 100 North Main building, street racing and sewer fees.
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February 2021
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City Council debates buying city’s tallest building
The council votes next week on the further use of a PILOT extension fund already being tapped for $62 million for four Downtown parking garages. Meanwhile, one of the banks involved in financing the garages wants some more loan guarantees, which includes a proposed TIF.
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City Council reviews details of 100 N. Main sale
The Tuesday, Feb. 23, council session also includes final votes on a set of ordinances cracking down on illegal street racing and possibly a continuation of council discussions with MLGW about the city’s water crisis.
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Downtown leader ‘very confident’ in benefits of mobility authority buying 100 N. Main
The interim president of the Downtown Memphis Commission addressed “the big thing out there,” the proposed purchase by the Downtown Mobility Authority of the empty 100 North Main office tower, parking and adjacent properties. Ray Brown called 100 North Main “an enormous source of blight.”
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City may buy 100 N. Main for $10.75M, seek developer
The city would seek proposals from developers, but has no preference whether Memphis’ tallest building is demolished or redeveloped.
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City proposes inclusion of 100 North Main Building in Downtown parking plan
The resolution from Memphis Mayor Jim Strickland going to City Council next week would include the city’s tallest building in the use of a PILOT extension fund and also include a parking garage in the “Snuff District.”
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