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Business

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  • Real Estate

    StayAPT enters Memphis market with extended-stay Cordova hotel

    The new stayAPT Suites company plans to enter the Memphis market with a 76- or 88-room hotel behind the Commons at Dexter Lake shopping center in Cordova. And it won’t be the last stayAPT in the Memphis area, one executive says.

    By Tom Bailey April 09, 2021
  • Business

    Proposed Binghampton business includes ‘multi-architectural’ features

    A developer has unusually elaborate plans for a convenience store with gas at the long-vacant corner of Sam Cooper Boulevard and Tillman Street. 

    By Tom Bailey April 09, 2021
  • Transportation & Logistics

    Memphis-to-New Orleans cruise travelers can swing their way down the river

    American Queen is offering a new Memphis-to-New Orleans cruise along the Mississippi River that includes stops at four popular golf courses, including Colonial Country Club in Memphis.

    By Blake Fontenay April 09, 2021
  • Premium Real Estate

    Industrial broker: Real estate agent engineers a rare career

    Laura Meanwell has worked as an engineer, led a successful campaign to change Germantown school hours, served on civic commissions, and even been a “director of euphoric events.” Now, she has a job that’s unusual for women in Memphis: Industrial real estate broker.

    By Tom Bailey April 09, 2021
  • Real Estate

    7 Vance Building developers: ‘Failure is not an option’

    Carlisle Development responded to the rejection of its design for a $43 million, mixed-use building in a positive, forward-looking way. The co-developers said they plan to “resolve any outstanding design issues.”

    By Tom Bailey April 08, 2021
  • Real Estate

    Planning board sees litter, rejects apartment expansion

    All the litter showing up in each case file photo was not the focus of the development issues. But Land Use Control Board members took notice and rejected a landlord’s plan to enlarge his rental property in South Memphis. 

    By Tom Bailey April 08, 2021
  • Update Business

    LUCB decision could make Shelby County pipeline ‘impossible’

    The Land Use Control Board is recommending a setback requirement for oil pipelines built in Shelby County. It remains legally questionable whether the requirement could be applied to the controversial Byhalia Connection pipeline project.

    By Blake Fontenay April 08, 2021
  • Business

    Number of houses for sale rises, but by less than 1%

    The number of home sales rose 45% from February and nearly 13% from a year ago. But the stat that affects more people the most – the inventory of homes available for sale – remained low at 1,990.

    By Tom Bailey April 08, 2021
  • Real Estate

    Board approves designs for The Walk and Clayborn Temple, rejects 7 Vance

    The Design Review Board approved and heaped praises on the design for the massive Walk on Union mixed-use development. But the board rejected the design for the $43 million 7 Vance Building, saying it might fit in Cordova or the suburbs but not in Downtown’s historic warehouse district.

    By Tom Bailey April 08, 2021
  • Update Transportation & Logistics

    Plains seeks delay on setback amendment LUCB slated to consider

    It might be too late to stop the Byhalia Connection oil pipeline, but Shelby County Mayor Lee Harris is still proposing a setback requirement for any other oil pipelines that might be built in the future.

    By Blake Fontenay April 07, 2021
  • Business

    What cities can do to recover from COVID’s economic impact

    Eric Robertson of Community LIFT joins Eric Barnes on The Sidebar.

    By Eric Barnes April 07, 2021
  • Business

    Lovesac opening first area showroom in Germantown

    Lovesac will open its first Mid-South showroom at Shops of Saddle Creek South in Germantown later this month.

    By Abigail Warren April 06, 2021
  • Business

    ServiceMaster Brands will lay off more than 120

    The relocation of the ServiceMaster Brands headquarters to Atlanta will result in some significant job losses for Memphis.

    By Blake Fontenay April 06, 2021
  • Health Care

    Magazine ranks UTHSC’s doctor of nursing program in top 16%

    In 2005, UTHSC began the first doctor of nursing program in the state. It now offers eight concentrations.

    By The Daily Memphian Staff April 06, 2021
  • Business

    Lakeland steps up recruitment of businesses, restaurants

    Lakeland officials think the continued growth of the suburb should make it attractive to potential businesses and is willing to listen to an advisory group about that recruitment.

    By Michael Waddell April 06, 2021
  • Premium Transportation & Logistics

    At packaging lab, FedEx checks the boxes (literally)

    At a glance, boxes don’t seem that complicated. But when your business involves shipping lots of them around the world, it makes sense to understand the science behind what makes a good box. That’s why FedEx Corp. has its own packaging lab.

    By Blake Fontenay April 06, 2021
  • Premium Real Estate

    Two East Memphis neighborhoods want to block through traffic

    Residents of two East Memphis neighborhoods request that their streets be permanently gated or blocked from two busy streets, Poplar and Highland. But doing so would degrade the connectivity of the city’s street network, the Division of Planning and Development says.

    By Tom Bailey April 06, 2021
  • Premium Real Estate

    Developer calls Tunica nongaming resort a good bet

    You won’t be able to bet on the $140 million entertainment resort just announced for Tunica, but don’t bet against its success, the co-developer says.

    By Tom Bailey April 05, 2021
  • Real Estate

    Design board staff likes new building coming to historic site

    Few people if anybody wanted the demolition of Downtown’s historic Nylon Net Building. But the staff of the Design Review Board gives a thumbs-up to the proposed way that the replacement building would look.

    By Tom Bailey April 03, 2021
  • Premium Business

    New programs, plants blossom at Agricenter

    The Home Show of the Mid-South will be the first event to take place in the expo center since March 2020. The home show runs April 9-11 followed by the Mid-South Jewelry & Accessories Fair from April 16-18.

    By Christin Yates April 04, 2021
  • Business

    Byhalia pipeline case moves to federal court

    The fight over the controversial Byhalia Connection oil pipeline has moved into a new arena: The federal court system.

    By Blake Fontenay April 04, 2021
  • Transportation & Logistics

    Infrastructure plan could mean more passenger rail service in Memphis

    President Joe Biden’s proposed infrastructure plan could result in more passenger trains serving Memphis, but many obstacles would have to be overcome before that might happen.

    By Blake Fontenay April 02, 2021
  • Transportation & Logistics

    FedEx Express offering incentives to attract, keep employees

    FedEx Express is offering new incentives to attract and retain employees. The effort is driven partly by a tight market for labor, but also by the company’s desire to see more entry-level employees follow a career track at the company.

    By Blake Fontenay April 02, 2021
  • Real Estate

    NY developer proposes 5-story building on S. Main

    Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.

    By Tom Bailey April 01, 2021
  • Real Estate

    Industrial property gets even hotter

    Last year was the second-strongest for for industrial real estate ever recorded by Cushman & Wakefield/Commercial Advisors. But in just the first three months of 2021, the net, new space absorbed by users has already reached 68% of last year’s total.

    By Tom Bailey April 01, 2021

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