Hotel developer plans to buy Downtown property

By , Daily Memphian Updated: October 14, 2025 4:28 PM CT | Published: October 14, 2025 12:43 PM CT

A Knoxville-based real estate firm plans to buy the 205,000-square-foot Prospero Place Tower at 50 S. B.B. King Blvd. and the neighboring 756-space parking garage.

Topics

Turkey Creek Hospitality Prospero Place Tower Downtown Memphis Downtown Memphis Commission

Dima Amro

Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.


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