Commercial real estate during, after COVID: Memphis experts to speak
Six experts in Memphis commercial real estate will offer their take on what’s happening during the pandemic and their forecast on what the post-COVID era will be like.
Six experts in Memphis commercial real estate will offer their take on what’s happening during the pandemic and their forecast on what the post-COVID era will be like.
First, Chance Carlisle dropped his plan for an office tower at One Beale. More recently, he scrapped his plan for a tower that would have housed 150 hotel rooms and 240 apartments and condos. Now, he plans to build a 350-room Grand Hyatt hotel that would double as an extraordinary landmark for Beale Street.
A 40,000-square-foot entertainment and arcade venue called High 5 has signed a letter of intent to be at Liberty Park. And that doesn’t include High 5’s planned, 25,000-square-foot miniature golf course.
Curtis Givens did not respond to phone calls to his business, CGI Entertainment, or to requests to speak on his Facebook account about the party.
FedEx was expected to handle about 26 million shipments on Cyber Monday, Nov. 30, and more than 24 million shipments a day on Dec. 1, Dec. 7 and Dec. 14.
On Monday, Nov. 30, Methodist had a record 219 COVID in-patients, up from 183 on Thanksgiving Day.
On Nov. 27, the benchmark 30-year fixed refinance rate was 3.09%, according to Bankrate.com. The average 15-year fixed refinance rate was 2.52%.
Four months of the COVID-19 pandemic carved $4.2 million out of annual income from the Downtown Memphis Tourism Development Zone.
Hundreds of thousands of Americans received unemployment benefits when the pandemic shut down businesses, as well as the additional $600 per week stimulus under the CARES Act.
Both e-commerce and early shopping could be contributors to the smaller-than-normal crowds, not to mention the COVID-19 pandemic.
Methodist University Hospital and the University of Tennessee Health Science Center have teamed up to train the next generation of physicians for nearly 20 years. That partnership may be changing.
Health officials have been giving safety advice to the public for months. Local health care leaders told us how they plan to celebrate Thanksgiving.
The NFR expects online and other non-store sales will increase 20% to 30% to between $205.5 billion and $218.4 billion, up from $168.7 billion in 2019.
King-Collins Golf Course Design has something of a cult following in the golf world for creating high-quality courses that are fun instead of difficult.
The Overton Park Conservancy already has raised nearly $2 million for a comprehensive renovation of the historic Overton Park golf course as well as for improvements to its Abe Goodman Clubhouse.
The founder and chief executive of Commercial Filter said Piperton in Fayette County will offer his company lower taxes and a more stable workforce. Plus, he lives in Piperton.
Room in the Inn uses the buildings and volunteers of 55 faith organizations to provide emergency shelter to the homeless. Now the organization is about to add a headquarters building and three more emergency-shelter programs.
Grassroots group says good that comes of exercising ought to protect gyms as part of solution in fight against COVID.
The event is co-sponsored by the Tarik Black Foundation, which works to provide youths access and exposure to world concepts and international points of view.
Neither COVID-19 nor the shrinking number of houses on the market prevented home sales in the Memphis area from rising 6.4% in October.
A company that has been making air filters in Memphis for 30 years is moving and building a new facility in Piperton, just across the Shelby/Fayette county line.
The site is the former home of the historic Collins Chapel Connectional Hospital near the Medical District.
Jernigan Capital was a publicly traded Memphis company on a path to grow in the self-storage industry before COVID-19. The pandemic slammed the stock and helped take it private.
Fleming Architects believes it has met the challenge: Design a $60 million development of 348 apartments, parking structures and 53,000 square feet of retail so that it fits in with Cooper-Young’s older, smaller buildings.
The new owner is filling the place with antiques to open a shop. And instead of running from the building’s X-rated past, he may “lean into it.” But don’t worry, the idea involves whimsical branding, not adult entertainment.