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Peabody renovations ‘complete departure’ from old look

By , Daily Memphian Updated: September 14, 2025 10:37 AM CT | Published: September 14, 2025 4:00 AM CT

The Peabody Memphis has completed its latest renovation, a $19 million makeover of the historic hotel’s 464 rooms.

The 486,839-square-foot hotel at 149 Union Ave. Downtown has undergone multiple renovations recently, including a $2.5 million elevator restoration and modernization and a cleanup of outside the building.

The renovations are a part of the $130 million, 30-year upgrade plan announced in 2021 when the Center City Revenue Finance Corp., an affiliate board of the Downtown Memphis Commission, approved a 5% sales tax surcharge.

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Dima Amro

Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.


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