There are 12 article(s) tagged Sterick Building:
The historic alleyway runs east from Second Street now to Fourth Street between Court and Madison avenues. Stuart Harris, a developer who spearheaded a renaming effort, said the “in-between” place holds “a lot of possibility and magic.”
“When I hear of some old Memphis landmarks biting the dust, my heart sinks a bit.”
The three Memphis buildings were among 26 historic properties statewide chosen for the program, which aims to encourage investment in abandoned historic buildings.
EDGE approves the purchasing and refurbishing of the Sterick Building’s parking garage, an amendment to DMN’s Fast Track tax incentive and ICED loans for local eateries.
To help launch the historic skyscraper’s redevelopment project, the EDGE board will refurbish a neighboring garage for $4.2 million. The Sterick will share the parking spaces with an existing hotel.
The developer expects 18 months of architectural work before breaking ground. The renovated building could also include up to 260 multifamily units and hotel space.
Stuart Harris, the founder of the development group that bought the Sterick Building, joined Eric Barnes on this week’s episode of The Sidebar to talk about the group’s vision not just for the building but for the neighborhood around it.
“Our shared future can only be created in community. And to do that, we’ll need to use the most efficient and productive platform humanity has yet devised: a bustling, busy, connected urban center.”
In the 1920s, the Napoleon Hill mansion was razed to make way for the skyscraper. But the land itself would be passed down through the decades to the descendants of the original family.
The building, at North B.B. King Boulevard and Madison Avenue, was added to the National Register of Historic Places in 1978 but has been vacant since 1986.
This week’s Inked covers news on RKA’s new commercial branch, a notable Downtown barbershop closes and updates on the Sterick Building.
The fates of a Holiday Inn-turned-Hotel Indigo and the empty Sterick Building are a study in the contrasts that define the city.
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