Nylon Net site redevelopment’s second phase approved
The Oliver, will now include an additional adjacent parcel at 339 S. Front St., where the development team plans to build 63 additional multifamily units.
There are 23 article(s) tagged Chance Carlisle:
The Oliver, will now include an additional adjacent parcel at 339 S. Front St., where the development team plans to build 63 additional multifamily units.
The city changed the terms of the $10 million grant/loan after running into accounting rules that would have required the city to list the amount as a long-term liability on its financial statements.
The standoff over terms to start construction of the third of three hotels at One Beale remains despite Thursday’s council vote.
At stake is the financing for the last of three hotels at the One Beale development that together would serve as a second convention center hotel.
Fancy’s Fish House opens this week on roughly the site of the former Captain Bilbo’s, and it promises good food, a casual atmosphere and an ‘extraordinary’ crudo.
The global supply-chain shortage, which first took its toll on automobile manufactures in need of semiconductor chips, eventually affected the cost of lumber. Developers like the Henry Turley Co. were left trying to keep construction projects on time and on budget.
The fourth – and final – phase of the $400 million One Beale Development includes 44,000 square feet of meeting and event space, two restaurants, a 6,500-square-foot spa, a 2,200-square-foot fitness center, and “massive rooftop infinity pool.”
Memphis attorney Don Campbell will become Carlisle LLC’s chief administrative officer and general counsel. CPA Eric Lucka will be senior vice president for accounting and investments.
Carlisle Development responded to the rejection of its design for a $43 million, mixed-use building in a positive, forward-looking way. The co-developers said they plan to “resolve any outstanding design issues.”
Property records show that developer Chance Carlisle’s RCM Devco has just added 2.7 acres to the 9.3 acres he plans to develop in East Memphis. The site at 5111 Sanderlin is where the Racquet Club of Memphis closed and was razed.
Demolition has started on Downtown’s historic Nylon Net Building, 7 Vance, where a new apartment building will rise.
The Center City Revenue Finance Corp. approved $28 million in tax breaks Tuesday, Feb. 9, but members were critical of the absence of one of the developers seeking incentives.
The 9.3-acre site, now cleared by demolition, sold for $7.7 million to RCM Devco LLC, which lists developer Chance Carlisle of One Beale as its agent.
Hyatt Centric’s hotel guests and patrons of its rooftop bar and riverfront restaurant will have river views despite plans to erect a taller Grand Hyatt next door.
First, Chance Carlisle dropped his plan for an office tower at One Beale. More recently, he scrapped his plan for a tower that would have housed 150 hotel rooms and 240 apartments and condos. Now, he plans to build a 350-room Grand Hyatt hotel that would double as an extraordinary landmark for Beale Street.
Chance Carlisle, owner of the Nylon Net Building, says that extensive study by his architectural and engineering consultants make him confident that razing the historic building and erecting new apartments is the right decision to make.
The partnership that built The Citizen in the heart of Midtown is selling it to a Carlisle Corp. entity, but no changes in operations are planned, a Downtown agency was told.
The Board of Adjustment also denied giving a zoning variance to Prairie Farms dairy plant, which wants to use three of its acres for plant operations.
First come, first served: The first 100 units at the The Landing at One Beale are nearly complete and can be pre-leased by apartment hunters willing to commit based on information and images at landingresidences.com. In-person tours are still a few weeks away.
Carlisle Development had planned to preserve the most ornate part of the historic 7 Vance building as part of a plan to build 200-plus apartments there.
The current plan for the adaptive reuse of the Nylon Net Building is to build 199 apartments and a two-level parking structure with 230 spaces.
One Beale's boutique hotel may grow taller by one floor and 12 guestrooms if the Design Review Board approves a change in plans.
The Design Review Board approved a design that preserves the facade of the historic Ellis Building in front of One Beale's second, nine-story hotel.
About 23 results