How a Midtown business creates community and space for gamers of all ages and creeds.

Musk became the world’s first trillionaire after shares of his rocket company SpaceX, which also operates Memphis data centers, soared in Wall Street’s biggest initial public offering of stock.

Hillwood Investment Properties has broken ground on a 1.15 million-square-foot building, the first speculative building in the area in three years, which is a positive signal for the local industrial market.

The Southern Environmental Law Center filed new documents in the NAACP’s lawsuit against SpaceX, claiming the company had added 24 more turbines. 

Perdomo Worldwide plans to open a developable site in an older industrial submarket that’s seeing a slight resurgence.

Soul & Spirits Brewery’s purchase ensures Memphis Made Brewing Co.’s beer will still be made in the Bluff City.

Graybel Investments and Quad Property Group bought Cordova Creek Apartments. Townsend Insurance Group bought the former Regency Realty office. Memphis Goodwill Inc. is leasing the former Big Daddy Pawn building in Southeast Memphis.

This week’s Movers & Shakers includes a director of sales and marketing, a geologist, an environmental scientist and a financial manager.

5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.

If approved, these projects could add residential units and commercial property across the city. 

A new agreement was reached between FedEx pilots and management. More than 80% of pilots who voted approved the agreement, which includes $150,000 in pay they lost during the negotiations, which have gone on for years.

Layoffs include union and non-union employees. 

Location, location, location: The two buildings that housed the former Outdoors Inc. are near one of the busiest intersections in the city, seeing more than 29,000 vehicles daily.

The South Memphis native used AI and coding to build two new platforms — one to help tutor students, and another to help people learn what they’re eating, including the amount of microplastics.

Generative AI has become widely used. But Celine Lee, co-owner of Hernando’s Hide-A-Way, wants no part of it. Here’s why. 

“It’s been difficult for quite some time, but it just got to the point where, you know, we just really didn’t have much of a choice,” said partner and general manager Mike Johnson as the restaurant closes its first of two locations. 

Emmy Award-winning broadcaster Richard Ransom announced the launch of his own public relations and media company, Ransom Strategy Group.

The 275,000- to 300,000-square-foot facility is planned on Madison Avenue between the College of Pharmacy building and the demolished Holiday Inn building.

The Community Redevelopment Agency is moving forward with the first phase of Smokey City Market, an estimated $70 million project aiming to bring affordable housing, senior care, retail and green space to the area.

The board’s recommendations — which still need to pass the City Council — include a $1 million allocation for a pre-weatherization assistance program to help residents with critical home repairs, mold remediation and indoor air quality improvements.

After two years in limbo, Ramble on Summer seems to be moving ahead, bringing another piece to the development on U.S. 70 in Bartlett.

The building is locked, the parking lot is empty and no music is being made at Ardent Studios, a piece of music history that once hosted acts like ZZ Top, the Replacements, Isaac Hayes, Bob Dylan and R.E.M.

Working a few lots at a time with different developers, the City of Memphis is beginning to connect the vacant lots in North Memphis neighborhood to form a pattern of redevelopment.

While Taco Prime and Petals of a Peony expand, Peach Cobbler Factory opens and The Farm Table closes.

Memphis Jazz, a residential community of 249 homesites, will be across the street from the Memphis Blues neighborhood.