The $1.5 million sale expands office space for Memphis Tourism, which keeps its office just 120 feet away and allows Memphis in May to remain in its headquarters after a year of big changes in the festival.

Victory Packaging leases spaces in the Intermodal Distribution Center, Tropical Smoothie coming to Raleigh, and a new three-tenant retail development planned for Oakland.

In December, the average sales price for a house was $262,144, up 6.2%. 

The new design will be a four-story apartment complex with 126,762 square feet of rental space, 243 apartment units, a two-and-a-half-story parking garage with 260 spaces and less amenity space. 

A Mercedes-Benz Van Center opened in Memphis, a new health facility is planned for Whitehaven and River Horse Logistics is leasing space in Lamar Industrial Park.

The Lipscomb & Pitts Building sold, Kukuruku Chicken is coming to the Bartlett Town Center and warehouse distribution company Foxridge is expanding.

He came to Memphis in 1964 without a job but four interviews with architectural firms. Each offered him a job.

Chicken and waffles and cheesecake are now all together at Fannie Lou’s.

The project is being directed by the not-for-profit Poplar Corridor Business District Association of Owners using tax increment financing the group was awarded in 2018 from the Economic Development Growth Engine for Memphis & Shelby County.

“It builds upon the experience that I’ve had,” Chandell Ryan said. “I am passionate about Memphis and passionate about Downtown Memphis.”

Champion Hills Office Park is sold, Golden Beauty will open its sixth location at the former Staples in the Wolfchase Galleria, AIC Industrial buys property in Olive Branch and Skechers comes to Forked River Commons. 

Phoenix Investors acquires and renovates former manufacturing facilities nationwide. The vacant Memphis Electrolux plant is next on its list. 

Opened in 1976, Chickasaw Oaks was designed to celebrate the nation’s bicentennial. The shopping arcade has been refreshed with property upgrades and a host of new retailers. 

The Lake District continues to suffer financial problems, according to a report to the Lakeland Board of Commissioners.

Gloss Nail Bar to get its fifth location in Eastgate, Taziki’s comes to The Falls in Arlington, Five Below comes to the Commons and Air Fayre Memphis gets a distribution center. 

Cynthia Ham, the former CEO of BRIDGES, has big plans for the Central Avenue home and garden store.

EDGE approves the purchasing and refurbishing of the Sterick Building’s parking garage, an amendment to DMN’s Fast Track tax incentive and ICED loans for local eateries. 

“I’m excited to bring a little more density to the area,” said developer Alfredo Cerpa. “But not just come with a new modern thing, but integrate what is existing in the community.” 

Although home sales decreased by 259 sales from October to November 2023, Memphis-area home sales for November increased 1.8% from a year ago, with 1,230 total sales. 

The Kimbrough Center is being renovated, Lakeshore Learning is coming to Memphis and Concentric LLC brings the occupancy rate to 95% in the Acee Business Center.

To help launch the historic skyscraper’s redevelopment project, the EDGE board will refurbish a neighboring garage for $4.2 million. The Sterick will share the parking spaces with an existing hotel. 

The former Northside High School will contain 42 affordable residential units, two-court gymnasium by Dream Sports, performing arts center, food hall by AR Hospitality, LifeDoc health clinic and more.

Also, the Mid-South Carpenters Regional Council is relocating and will be able to host more carpentry apprentices in its new space, and a national public-accounting firm is moving to the Renaissance Center in East Memphis.

The grocery store would be the chain’s first in the Mid-South.

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Hy-Vee grocery store chain eyeing Bartlett location

Economic development has surged in the Memphis area following the COVID-19 pandemic-induced slowdown. That was the message at a seminar hosted by The Daily Memphian Thursday, Nov. 30.