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<strong>Germantown&rsquo;s Thornwood is building an extended-stay hotel under the brand TownePlace Suites, as seen in this rendering.</strong> (Submitted by Spence Ray)Business

The extended-stay hotel trend is also rising in Memphis

“The extended-stay market is going to continue to grow, and it’s going to continue to grow at a faster rate than the average hotel market,” said a local hotel expert.

By Sophia Surrett October 01, 2023
Food News

Feast & Graze moving to new spot

Feast & Graze owner Cristina McCarter said she plans to close her shop on South Main at the end of the year in favor of a new location.

By Sophia Surrett September 29, 2023
Premium Real Estate

Inked: Plan for Ashlar Hall gets pushback; Atlanta developer sells South Memphis property

According to the initial application, Juan Montoya hopes to turn the 127-year-old castle-style Ashlar Hall into an event center “of limited scale and character in conformance with the city’s ordinances.”

By Rob Moore September 27, 2023
Real Estate

Sterick Building could include ‘micro-retail,’ co-working space

The developer expects 18 months of architectural work before breaking ground. The renovated building could also include up to 260 multifamily units and hotel space. 

By Rob Moore September 21, 2023

  • Real Estate

    LeSaint, Medtronic granted amended tax incentives

    The Economic Development and Growth Engine of Memphis & Shelby County approved two amended tax incentive plans for LaSaint Logistics and Medtronic Logistics with partner CEVA Logistics. 

    By Aisling Mäki September 21, 2023
  • Premium Real Estate

    Inked: Tomorrow Building updates, Demolition planned for Union Station

    The development team behind Union Station intends to move forward with demolition of the existing building and two garages on the property. 

    By Rob Moore September 20, 2023
  • Downtown

    Central Station Hotel opens new ‘Rock and Soul’ event space

    The event space is available for use, but finishing touches — including an air wall, artwork and drapery — will be added by Oct. 1.

    By Sophia Surrett September 17, 2023
  • Lakeland

    Lakeland approves schools headquarters, residential project

    Plans for a new Lakeland School System administration building receive endorsement from suburb’s planning and design review commission. The Equestria residential project also gets nod of approval.

    By Michael Waddell September 16, 2023
  • Real Estate

    Memphis area home sales were down this August

    August home sales in the Memphis area were down 18% compared to the same month a year ago, and year-to-date sales dropped 26%.

    By Sophia Surrett September 13, 2023
  • North Mississippi

    Mixed-use development planned for Hernando

    The Collection at Getwell Farms will be a mixed-use development to the Getwell Road corridor in Hernando, providing housing and retail to the area.

    By Beth Sullivan September 12, 2023
  • Real Estate

    Carlisle plans 1.5 million-square-foot development on Racquet Club site

    The development will be called Mid-City Memphis, referring to the site’s location at the “geographic and population center” of the city, according to the letter of intent filed. 

    By Sophia Surrett September 13, 2023
  • Lakeland

    Lakeland board approves condemning Relax Inn

    Lakeland officials continue to work on redesigning the area around Interstate 40 and Canada Road and have voted to condemn the motel north of the interchange.

    By Michael Waddell September 08, 2023
  • Real Estate

    Dermon Building could become a Holiday Inn Express

    The development project would add 150 new hotel rooms Downtown and provide on-site parking at a nearby facility.

    By Rob Moore September 06, 2023
  • Premium Real Estate

    Inked: Bakery planned for historic church; ex-Commercial Appeal HQ may split

    According to a conditional-use permit filed recently with the Board of Adjustment, the owners of the 10,000-square-foot building at 1663 Autumn Ave. want to build 10 apartment units within the building. 

    By Rob Moore September 06, 2023
  • Midtown

    Historic Ashlar Hall could reopen as event space

    Designed and built by prominent real estate developer Robert Brinkley Snowden in 1898, Ashlar Hall has been in a state of limbo for years.

    By Rob Moore September 11, 2023
  • Premium Business

    It’s still a seller’s housing market, but buyers aren’t completely shut out

    Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.

    By Sophia Surrett September 05, 2023
  • East Memphis

    Buster’s Liquors & Wines is opening a new location in East Memphis

    Buster’s Liquors & Wines will open its second location in the Ridgeway Trace Shopping Center on Poplar Avenue.

    By Sophia Surrett September 02, 2023
  • Premium Real Estate

    Inked: New truck parking facility planned; Spaces moving into 107 S. Main

    Riggy’s hopes to provide greater truck parking and storage solutions to the logistics industry, including its facility planned for South Memphis at 5178 Citation Drive at East Holmes Road. 

    By Rob Moore August 30, 2023
  • Premium Real Estate

    Inked: Chickasaw Gardens wants gates; city has plans for drive-in

    The Chickasaw Gardens Homeowners Association wants to add gates on two roads leading into the neighborhood, which is located north of Central Avenue near the Memphis Museum of Science and History.

    By Rob Moore August 24, 2023
  • Germantown

    Local real estate investor gets $150 million in growth capital

    REI Nation, which has offices in Germantown, has partnered with Madison International Realty to continue to buy, renovate and manage single-family rental homes for investors. 

    By Sophia Surrett August 18, 2023
  • Premium Real Estate

    Inked: East Memphis company expands; Beale Street Trolley Station reopens

    American Residential Services says it will invest $2.75 million to expand its headquarters operations in East Memphis. 

    By Rob Moore August 16, 2023
  • Real Estate

    100 N. Main team requests $5M internal demolition loan

    The Downtown Memphis Commission recently approved $7 million for the developer to begin the process of removing debris and hazardous materials from the building.

    By Rob Moore August 15, 2023
  • Real Estate

    Affordable cottage community planned for Uptown

    The project “increases Downtown housing options and diversity of offerings by adding unique cottage-style housing product to the market,” according to a report from the Downtown Memphis Commission.

    By Rob Moore August 10, 2023
  • Premium Real Estate

    July Memphis-area home sales down 37.2% from 2022

    In Shelby County, 1,120 total sales were recorded for July compared to last July’s 1,819 units — a 38.4% decrease. The average sales price was $292,978, an 11% increase from $263,922.

    By Sophia Surrett August 10, 2023
  • Premium Real Estate

    Inked: FedEx World Hub is expanding and so are Dunkin’ and Starbucks

    Located at Memphis International Airport, the World Hub will include both office space and “state-of-the-art package sortation infrastructure.”

    By Rob Moore August 09, 2023
  • Premium Real Estate

    Memphis short-term rental market on track with U.S. data

    While the Airbnb market has seen occupancy rates decline over the past year, listings and bookings are increasing. 

    Related story: 

    Memphis Airbnb hosts have mixed opinions on new ordinance

    By Sophia Surrett August 07, 2023
  • Premium Real Estate

    Memphis Airbnb hosts have mixed opinions on new ordinance

    “I think the three sleeping rooms is ridiculous,” said Morgan Pettigrew, owner of Pettigrew Adventures. “The county thinks putting a three-sleeping room limit on the house is going to somehow stop the party.”

    Related story: 

    Memphis short-term rental market on track with U.S. data

    By Sophia Surrett August 07, 2023
  • Midtown

    Lucyja Hygge will move near Overton Square in early October

    To capitalize on foot traffic in Overton Square, Lucyja Hygge will be open until 9 p.m. on Fridays and Saturdays.

    By Jane Roberts August 07, 2023
  • North Memphis

    Roxie’s Grocery will be sold

    Some have called Roxie’s burgers the best in the city. 

    By Kambui Bomani August 02, 2023

  • About 1468 results

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