Sterick and Dermon buildings, Lowenstein House will get new life
The three Memphis buildings were among 26 historic properties statewide chosen for the program, which aims to encourage investment in abandoned historic buildings.
There are 5 article(s) tagged Dermon Building:
The three Memphis buildings were among 26 historic properties statewide chosen for the program, which aims to encourage investment in abandoned historic buildings.
The 99-year-old Dermon Building is one step closer to becoming a Holiday Inn Express, and the Ballard & Ballard Co. building is getting a facelift.
The development project would add 150 new hotel rooms Downtown and provide on-site parking at a nearby facility.
“This is a key historic building in Downtown,” a Downtown Memphis Commission staffer said. “The building has been vacant … we want to see it brought back to use.”
Developers Nick and Sam Patel plan to renovate the historic 10-story Dermon Building Downtown into 103 apartment units.
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