Carlisle buys Nylon Net Building
Carlisle LLC wants to demolish the entire Nylon Net Building and erect 229 apartment units. The developer, which on Monday, Nov. 2, purchased the historic building for $3.15 million, says it is too unstable and too expensive for an adaptive reuse. (Daily Memphian file)
The developer of One Beale and the Chisca on Nov. 2 paid $3.15 million for the vacant, historic warehouse at 7 Vance. Carlisle Corp. plans to build apartments there. But does the developer still plan to raze the whole building, or revert to its first plan to preserve the most historic part?
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Nylon Net Building historic preservation Carlisle Corp. South MainTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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