Second round of PPP applications opens
Here’s what Memphis area business owners need to know as the second round of Paycheck Protection Program funds becomes open for applications.
Here’s what Memphis area business owners need to know as the second round of Paycheck Protection Program funds becomes open for applications.
Suburban real estate remained strong in the pandemic as prices increased in the seller’s market. Germantown and Collierville saw a large increase in the percentage of homes sold.
Imperial Industrial Supply Co. seeks a tax incentive in return for buying an industrial building in Memphis for distribution of its products. The project would mean a $21 million investment and 35 jobs.
A development team has purchased three Edge District buildings, plans to renovate them, and already has signed a lease with Sweet Magnolia Gelato Co. to open a shop in one of them.
The Hyde Family Foundation has purchased 15 vacant acres on the south edge of Binghampton for the Lighthouse Project. The strategy is to provide and integrate a strong school with accessible housing, job development and health care.
Overton Park golf course may be jammed this weekend with golfers playing one last round before the nine-hole track closes until the fall. The course is being redesigned and rebuilt.
Robert Pera’s communications technology firm seeks a 10-year tax incentive that would save the company $1.8 million total in local property taxes. But the company would create 25 jobs paying $37,027 on average.
Woodhill Real Estate bought a fully leased, 268,000-square-foot building at 5020 Tuggle Road, in Memphis’ vast Southeast industrial submarket.
Not a Coffee Shop is open Tuesdays through Thursdays from 6:45 to 11:15 a.m. and serves all of its coffee, including pour overs and espresso shots, black.
Dr. Brown holds numerous positions in genetics, genomics and pediatrics at UTHSC.
The Land Use Control Board approved two unsurprising changes for a couple of big, suburban planned developments. Out, or diminished, is brick-and-mortar retail from the projects.
The investors who own the building housing RockHouse Live (formerly Poplar Lounge) have just bought the two ragged, midrise office buildings that flank the bar near Midtown. Immediate plans are to make improvements to woo more tenants back, but long-range plans may include demolition and a new hotel.
The popular restaurant has a ground lease for the 1.25-acre site where the old Grimes Memorial United Methodist Church buildings were razed.
The designation signifies UMRF can help with domestic market research, patent reviews, import/export law, plus offers access to capital investment.
Banking company plans to grow Memphis presence, establish permanent office in the Crescent Center in East Memphis.
Silo Square is to comprise 13 mixed-use buildings, 305 single-family housing lots, six retail outparcels, a bank outparcel, two hotel sites, three office buildings, a 2.6-acre farmer’s market, 10 acres of apartments, and 64 acres of green space.
The deal for the 3,000-square-foot space was signed shortly before Christmas.
Methodist Le Bonheur president and CEO is the ninth recipient of the national award.
The group is practicing in satellite offices to serve clients in the Mid-South and Middle Tennessee.
The Center City Revenue Finance Corp. board voted 7-0 to approve a 20-year incentive that will save developers of the $77 million Central Yards project $23 million in property taxes.
The number of houses sold in December rose 10.7 percent compared to a year earlier. And for the entire pandemic-plagued year of 2020, house sales still climbed slightly.
A fire early Saturday morning heavily damaged a 120-year-old building in the historic Pinch District.
A proposed second convenience store at Byhalia Commons has faced resistance from the town’s Planning Commission.
Club Champion opened its Memphis studio on Saturday, Jan. 9. The business custom fits golf clubs to golfers of all levels. The East Memphis shop is the company’s second in Tennessee and 76th in the nation.
Sterling Development of Indiana plans a 260-unit, $25 million apartment complex near the southeast corner of U.S 64 and Reid Hooker Road.