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Business

  • Real Estate
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  • Premium Business

    Lakeland Commons commercial space filling up, apartments underway

    More than half the initial commercial space in Lakeland Commons is pre-leased, and the first apartments in the $20 million mixed-use project should be completed by early summer, a principal with the project said.

    By Michael Waddell March 04, 2021
  • Business

    Rhodes president Marjorie Hass stepping down

    Hass will remain president of Rhodes through mid-August.

    By Bill Dries March 04, 2021
  • Business

    Skinner appeals rezoning request to Germantown aldermen

    David Skinner is appealing the Planning Commission’s decision to Germantown aldermen. The land owner has tried for years to get his family land rezoned.

    By Abigail Warren March 04, 2021
  • Update Transportation & Logistics

    FedEx to be carbon-neutral by 2040

    The company is setting aside $2 billion “of initial investment” in vehicle electrification, sustainable energy, and carbon sequestration.

    By Blake Fontenay March 03, 2021
  • Business

    Frost Bake Shop coming to The Lake District

    Locally owned Frost Bake Shop will open its third location in The Lake District, the latest business to claim a spot in the mixed-use development. 

    By Michael Waddell March 03, 2021
  • Real Estate

    Tax incentive sought for another big Snuff District building

    The developers of the Historic Snuff District plan a second, mixed-use building of six stories, 292 apartments, 420 parking spaces and 10,000 square feet of commercial space. They seek a tax incentive valued at $19 million over 20 years.

    By Tom Bailey March 03, 2021
  • Premium Real Estate

    Court Square Center could change hands

    The existing PILOT on the center runs through December 2026.

    By Blake Fontenay March 02, 2021
  • Business

    AutoZone’s performance keeps rolling right along

    The Memphis-based company reports strong financial numbers despite the pandemic.

    By Blake Fontenay March 02, 2021
  • Transportation & Logistics

    FedEx ramps up vaccine delivery

    With the approval of a new COVID-19 vaccine, FedEx is preparing to increase the number of doses it delivers on behalf of the federal government each week.

    By The Daily Memphian Staff March 01, 2021
  • Real Estate

    Tops Bar-B-Q sells part of its real estate

    The owners of Tops Bar-B-Q have sold at least seven of their 15 restaurant buildings to a Phoenix firm that buys the real estate of businesses and leases it back to them.

    By Tom Bailey March 01, 2021
  • Premium Transportation & Logistics

    COVID collateral: Less traffic may have led to more fatal accidents

    It seems counterintuitive, but traffic fatalities and accidents with injuries were actually up in Memphis last year, even though the COVID-19 pandemic caused fewer people to be on the roads. The reduced traffic may have just opened up the roadways for dangerous drivers.

    By Blake Fontenay March 01, 2021
  • Exclusive Business

    Series of miscues led to Haushalter’s rapid fall from grace

    Going forward, vaccinating the citizens of Shelby County against COVID-19 is under the authority of the City of Memphis after the state transferred custody of the vaccine and administration of the process away from county leaders. It took a dizzying array of missteps for this to occur, and Shelby County Commissioner Mick Wright says: “The public deserves to know what happened.”

    Related story:
    County vaccination timeline

    By Don Wade March 01, 2021
  • Premium Business

    Middle schoolers get a taste of workaday world

    Students from Grace-St. Luke’s Episcopal School reached out to places where they wanted to work to land three-day internships. 

    By Christin Yates February 28, 2021
  • Real Estate

    Residence for veterans, seniors would be part of large U.S. network

    Veterans Services (USA) plans to transform the East Memphis Crowne Plaza into a mixed-use development marketed to veterans and other seniors. The organization’s goal is to operate such a facility in all 50 states.

    By Tom Bailey February 28, 2021
  • Business

    Prime Holly Springs steakhouse expanding to Lakeland

    The second location of Marshall Steakhouse will hold 340 customers and occupy 7,800 square feet on two levels with a brewery onsite.

    By Michael Waddell February 28, 2021
  • Business

    Checking in: Analysts say Memphis hotels are poised for a bounce-back year

    Analysts say local hotels should do better financially in 2021 than they did last year. But how long it will take for the hospitality industry to fully recover from COVID-19 losses is a matter for debate.

    By Blake Fontenay February 27, 2021
  • Business

    Binghampton couple ready for their businesses to undergo ‘rebirth’

    Kristin Fox-Trautman runs Inspire Community Cafe right next door to her husband’s gym, Stardust Jiu-Jitsu. Both are located in the Binghampton Gateway Center at the intersection of Sam Cooper Boulevard and Tillman Street. 

    By Omer Yusuf March 04, 2021
  • Business

    Chamber: Tax incentives remain crucial but other factors could lessen them

    On “Behind The Headlines,” Greater Memphis Chamber President Beverly Robertson and Economic Development Chief Ted Townsend talked about a new round of PILOT reform discussions, “resiliency” and the local economy’s comeback from the COVID pandemic.

    By Bill Dries February 27, 2021
  • Business

    Search for next DMC president taking extra time

    The Downtown Memphis Commission board may meet in a special called meeting over the next few weeks to consider the search committee’s selection.

    By Tom Bailey February 26, 2021
  • Real Estate

    Sold Burger: Earnestine & Hazel’s changes hands

    A new ownership group has bought Earnestine & Hazel’s for $900,000 and and a nearby warehouse for $200,000. The old bar will reopen soon, and the new owner promises to keep those Soul Burgers sizzling.

    By Tom Bailey, Jennifer Biggs February 27, 2021
  • Spirit of Memphis

    Local women in business discuss careers, impact of pandemic

    Balancing work and family became even more challenging for working women during the pandemic, forcing many to make very difficult decisions. 

    By Christin Yates February 25, 2021
  • Transportation & Logistics

    IRS defends its position in FedEx lawsuit

    If FedEx wins the case, it could lead to changes in the way multinational companies are charged on income earned overseas.

    By Blake Fontenay February 25, 2021
  • Business

    LeMoyne-Owen survey highlights Black health care needs

    LeMoyne-Owen College is helping the Shelby County Health Department better plan and execute coronavirus care.

    By Linda A. Moore February 25, 2021
  • Business

    New equipment means Memphis plant can make 40M boxes of facial tissue yearly

    The mammoth K.T.G. (USA) plant in North Memphis has room to add a new equipment line. The $20 million investment also means the hiring of another 27 employees who will be paid more than $20 an hour.

    By Tom Bailey February 25, 2021
  • Real Estate

    Interest growing in 74-acre vacant Bartlett property, mayor says

    The former Tennessee Baptist Children’s Home site is considered a prime location in Bartlett due to its high acreage and its proximity to both U.S. Highways 64 and 70.

    By Omer Yusuf March 04, 2021

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