Also, Keystone Capital makes first commercial real estate purchase, and a mixed-use building is opening in the South Main District.

Living Spaces explored Memphis in 2021, filing a site plan with the Memphis and Shelby County Division of Planning and Development for a large furniture store.

The businessman painted a stark, dire picture of Downtown.

The Union Depot development continues to move forward, but the Guffin Estates residential development hits a snag before the Planning Commission because of the size of lots.

It’s one of two payment-in-lieu-of-taxes applications the Downtown Memphis Commission’s Center City Revenue Finance Corp. will hear at their Oct. 13 meeting.

The 27,249-square-foot adaptive reuse, called “The Leath,” will have 34 residential units.

Though there is no official word yet on what will move into the space, we asked Daily Memphian readers what they think the unnamed retailer might be. 

North Mississippi continues to see renewed large-scale industrial activity — this time with a California-based yoga brand. Plus, MVP3 is getting a Downtown space on Front Street. 

Jeff Dawson, operating as Nacks Properties LLC, bought the Poplar Avenue building currently home to Miestro, a home theater systems store, for $750,000.

The giant, blue building was bought by a retailer.

Residents had mixed feelings about both selling their home to SpaceXAI and the noise its power plant creates.

Assessor Javier Bailey Sr. says empty Downtown office towers and lost tourism spending are shrinking the county’s tax base. He is planning a November summit to build a five-year strategy.

The building, owned by the same family since 1918, will have three boxcar-style kitchens, a bar, a stage and a planned video game room.

Two women are teaming up on an affordable-housing development in North Memphis, another move in the momentum to bring more new homes to the city.

“Because of the energy infrastructure that (Elon Musk is) getting, not just from Tennessee but also from Mississippi, you could see the greatest boom since FedEx in this town. You need to double down here.”

A new Academy Sports in Millington is part of a stream of businesses coming to the North Shelby County suburb.

The second oldest church in Memphis, First Presbyterian Church has been at the corner of Poplar Avenue and B.B. King Boulevard since 1832. After 194 years, its flock is searching for a new home. 

“I would say that the repurposing of former retail spaces to owner-occupants or local investors has kind of been our sweet spot,” said one of the brokers in this week’s transactions. 

Jerry and Diane Coletta sold the 8,800-square-foot building on Monday, Sept. 21, to Dulce Lucero Mejia and Humberto Camarena Padilla, the owners of a nearby Casa Mexicana location. 

At the corner of Second and Madison, four stories of an 116-year-old building have remained vacant. A local investment team plans to open it up to residents and business once more.

Grand Rapids, Michigan-based Meritage Hospitality Group vows uninterrupted operations for employees and suppliers while Carlisle Corp. positions for additional acquisitions.

Build-out and activity is bustling at SpaceXAI’s DeSoto County operation, less than a mile from Memphis and unperturbed by the political winds blowing to the north. 

The Economic Development Growth Engine of Memphis and Shelby County increased its funding for the development that includes single family homes near Colonial Country Club.

The 112‑room Hilton Tapestry will feature meeting space, a restaurant, lobby bar and a 114‑seat rooftop bar.

A Pennsylvania-based company adds a Cordova apartment complex to its local portfolio.