City Council to expand One Beale ‘backstop’ debate
Among other topics, the discussion of the city’s capacity for bond debt will come into play during Tuesday morning committee sessions.
Topic: One Beale
RSSThere are 45 article(s) tagged One Beale:
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July 2022
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Strickland says One Beale ‘backstop’ is too much risk
Memphis Mayor Jim Strickland says the city has offered more incentives for the proposed Grand Hyatt hotel at One Beale “than any other development in the history of the city.” He also questioned why One Beale developers didn’t go to the bond market sooner.
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City Council approves financial ‘backstop’ for Grand Hyatt
The standoff over terms to start construction of the third of three hotels at One Beale remains despite Thursday’s council vote.
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City Council takes up One Beale hotel financing at special Thursday meeting
The Thursday 4 p.m. session at City Hall comes after the city administration balked at a change in the terms of a city-funded backstop for the hotel project. The delayed Tuesday vote came as the administration got some expressions of concern from state officials.
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Council delays vote on backstop for One Beale debt
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.
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One Beale financing, Frayser flood plain housing top council agenda
The Memphis City Council meets Tuesday, July 12, at 3:30 p.m. Committee sessions start at 8 a.m. at City Hall. Items on the agenda include One Beale financing and Frayser flood plain housing.
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Inked: Former Office Depot may become apartments
This week’s Inked shares news on more multifamily plans for the Raymond James building, the Caption by Hyatt opening, a potential update on the former Office Depot building in the Medical District and 2021 annual report data from Memphis Tourism.
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June 2022
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Inside the world’s first-ever Caption by Hyatt in Downtown Memphis
It includes Talk Shop, a 24/7 eatery, which is a mash-up of a beer garden, coffee shop, restaurant and co-working space.
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May 2022
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Tourism bonds approved for Grand Hyatt, One Beale
While the total value of the bonds is still undetermined, Chance Carlisle of Carlisle Corp. expects the value to be around $75 million.
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April 2022
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‘Fancy’ One Beale restaurant serves riverfront views — and seafood towers
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.
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City backs bonds for One Beale project in ‘unprecedented move’
“This is not something we have taken lightly,” said Memphis COO Doug McGowen. “The world has changed and the Loews hotel is not coming. Those are two things that have caused us to act.”
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City Council urges early voting expansion in county primaries
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City Council takes up One Beale debt, Soulsville TIF and Northside PILOT
The economic development items are part of a council agenda that could see the formal end of a city-county consolidation bid and the end of council discussion of police and fire residency requirements.
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March 2022
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Final phase of One Beale set to begin this summer, Caption by Hyatt set to open
Carlisle Corp. will begin construction on the Grand Hyatt in May. The developer also announced the opening of Caption by Hyatt and plans for the former Nylon Net Building site.
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December 2021
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Inked: Here comes Whataburger; One Beale progress; new ownership for Chickasaw Oaks
After years of speculation and false starts, it seems Whataburger is getting closer to breaking into the Memphis market. Also, updates on the progress of work done at One Beale and new ownership for Chickasaw Oaks.
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November 2021
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One Beale lawsuit over minority participation points to larger problems
The Black-owned multi-family developer who partnered with Carlisle Development on part of the One Beale project and the nearby 7 Vance mixed-use development is taking Carlisle to court as the issue of minority participation in general moves back to the front burner.
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October 2021
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Local developers feel sting of high construction costs
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.
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August 2021
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Design of Grand Hyatt at One Beale receives conditional approval
The 20-story, $190 million Grand Hyatt will be a centerpiece of the 5.2-acre mixed-used development at the end of Beale Street overlooking the Mississippi River.
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July 2021
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One Beale reveal: Grand Hyatt’s final renderings unveiled
One Beale’s developer unveiled the final renderings for the 20-story, $190 million Grand Hyatt Hotel. Construction is to start early next year.
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Carlisle envisions ‘world class city’ as it fills key positions
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.
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May 2021
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‘Talk Shop’ lounge will anchor One Beale’s boutique hotel
The nine-story hotel at 233 S. Front is connected to a sister hotel, the Hyatt Centric, which opened April 15 at Front and Beale.
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April 2021
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Hyatt Centric brings something old, something new to Downtown
The Hyatt Centric is the city’s first hotel with a Beale Street address. It’s intended to be a mix of the old and the new, as well as a mix of the familiar and the unique.
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February 2021
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Hyatt Centric embraces ‘sights & sounds of Memphis’
The sales director for the Hyatt Centric offered journalists an early, sneak peek of the $75 million, 227-room luxury hotel that is nearly finished at 33 Beale.
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January 2021
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A year to forget? Here are 20 good things we’ll remember about 2020
Clever restaurateurs, fearless city planners and far-sighted entrepreneurs didn’t let 2020 slow them down. And if we needed reasons to cheer, we had Ja Morant and Brady White.
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December 2020
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Carlisle: Hyatt Centric to offer ‘unparalleled’ river views despite taller Grand Hyatt
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.
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One Beale, Downtown parking plan clear key financing hurdles
Memphis City Council members heard about the difficulty of getting financing for hotel projects before approving the financing of a third hotel for One Beale. The set of parking projects nearby had a more complex path to approval.
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