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Business

  • Real Estate
  • Financial Services
  • Health Care
  • Transportation/Logistics
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  • Update Business

    Shelby County mayor suggests new way to stop pipeline project

    Shelby County Mayor Lee Harris believes he may have found a way to stop the Byhalia Connection oil pipeline. Or at least give the community a tool for better regulating projects like it in the future.

    By Blake Fontenay March 08, 2021
  • Business

    C-store with gas proposed for VECA neighborhood

    The convenience store with fuel pumps would be built on the southwest corner of Jackson and Evergreen, requiring the demolition of an 86-year-old commercial structure.

    By Tom Bailey March 05, 2021
  • Real Estate

    Minglewood owner plans to resume concerts after restrictions lift

    Minglewood Plaza owner Richard Roberts also is looking for someone to manage Minglewood Hall concert venue. Other businesses inside Minglewood Plaza continue to operate.

    By Tom Bailey March 05, 2021
  • Real Estate

    Apartments, commercial space proposed for old Holiday Inn HQ site

    New applications to the Land Use Control Board also include plans for a 156-lot subdivision on Walnut Grove, a 129-lot subdivision near Tenn. 385, and a gated, nine-lot subdivision in East Memphis on White Station Road.

    By Tom Bailey March 04, 2021
  • Business

    ServiceMaster Brands headquarters leaving Memphis

    ServiceMaster Brands will be relocating its corporate headquarters to Atlanta. Terminix, the larger of the two companies created in a spinoff last year, has no plans to move its corporate headquarters out of Downtown Memphis.

    By Blake Fontenay March 05, 2021
  • Transportation & Logistics

    Hearings set for Byhalia Connection pipeline lawsuits

    One of the hearings scheduled for next month will be on the issue of whether an oil pipeline company has a right under state law to use eminent domain proceedings to gain access to property it needs to build the pipeline. 

    By Blake Fontenay March 08, 2021
  • Real Estate

    Memphis homes on market dip below 2,000; average sales price tops $200,000

    The number of houses sold in Shelby, Fayette and Tipton counties in February dropped 5.2% from a year earlier. But the week of snowy weather was likely a factor.

    By Tom Bailey March 04, 2021
  • 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

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