The former Downtown Royal Furniture Co. building, which was slated to become a Dream Hotel and mixed-use development, was sold in a foreclosure sale to the lender of the project.
The council passed a unanimous, but nonbinding, resolution asking for Shelby County Mayor Lee Harris to reconsider the current $1.9 billion plan.
Mallory Alexander, founded in 1925, is a full-service logistics provider for manufacturers, retailers and other storage and shipment suppliers worldwide.
“Before this actually gets signed, we will have paid $8 million that we don’t officially own yet,” said City Council member Jerri Green.
Lauren Rae Holtermann’s career is filled with movie designs and concert posters. But when October rolls around, her Monster Market comes out.
Highwoods Properties developed the building, all nine floors of which is occupied by International Paper, for $56 million in 2014.
The peak days are expected to see about 11,000 passengers per day.
FedEx and Fogelman announce promotions and additions.
The new financial leader of the logistics giant’s less-than-truckload division spinoff is a former exec of a Fortune 100 company.
Ethan Edwards wants to open a new high-end liquor store in East Memphis, and he thinks he has the right to do so. Buster’s Liquors co-owner Josh Hammond disagrees, and the fight is getting nasty.
The owner describes his international market as encompassing Mediterranean, Hispanic and Indian groceries with some European and American products as well.
The red flags of a vehicle and equipment seller scam include the price being significantly below market value, the owner citing an overly personal reason for getting rid of the vehicle, and not being able to see the vehicle before sending money.
The Pop Local contest, which is put on by Edwards Realty, gives entrepreneurs a chance to win six months of free retail space at Carriage Crossing in Collierville.
Each October, as the sun sets over the Mississippi River, Memphians gather under the Sunset Canopy at Tom Lee Park to dance, box or do Pilates in the dusk.
When Regional One Health leaders and county elected officials marked the naming of the teams that will start design work on the new county-owned hospital this past week, some of the dollar figures had changed.
Memphis Mayor Paul Young said the deal had taken longer than expected, but he was unsure about the specifics.
First Watch submits a permit to look at a Wolfchase space. Raven & Lily in Collierville is now closed. Sanderlin’s Rise Southern Biscuits & Righteous Chicken is now open.
A Google representative said they would hire “hundreds of people for full-time operational jobs here on the site and thousands of construction jobs.”
Both Gussied Up and Bar Limina are a part of Cnct. design’s goal to make the Edge District a Memphis destination.
Studios and one- and two-bedroom units are coming to a site right off of Union Avenue.
Plus, a Germantown weight loss clinic that’s “about the inside out” opens, and a former Mexican restaurant could become and AutoZone.
Baptist Cancer Center, Pinnacle Financial Partners, Trustmark, and Financial Federal announce additions.
“They, evidently, have come to the decision that they’ll lose less money if they close than if they stay open,” said an area hotel consultant.
After a kitchen fire caused more than $100,000 in damages to Mulan Asian Bistro, the popular Cooper-Young restaurant announced it would permanently close.
The factory was expected to be part of Ford Motor Co.’s BlueOval City supply chain.
From contract clarity to revenue-sharing, industry leaders say navigating NIL demands as much financial literacy and strategy as athletic skill.
AngelStreet Memphis is fundraising for the $2 million development with partners already in talks.
“This isn’t about outside firms coming in, taking out dollars and leaving,” the Regional One president and CEO said. “This is about combining specialized health care expertise with Memphis proven capabilities, ensuring that Memphis business grows.”
“Our hearts are with them,” said Karen Carrier, who owns two nearby restaurants and was on-site for The Beauty Shop’s lunch service at the time. “We’re really concerned about Mulan.”