The $261 million project is expected to be completed by early 2027.

Rachel’s has been a fixture on Poplar Avenue since 1993 but it will close to walk-ins at the end of the year. The clothes closet, food pantry and storehouse of furniture in the florist’s back building — for people who were hungry, cold or moving into apartments with nothing — will close when the shop does.

This week’s Inked features new leases at Union Avalon Shopping Center, a new Dollar Tree, a new Footlocker and a retail center/warehouse project.

Byhalia Commons is south of Tenn. 385 on the west side of Byhalia Road and bordered by Collierville Road to the south. The condominiums are east of Town Square near Washington Street and Mount Pleasant Road.

Mark Halperin’s longest relationship with a tenant lasted 46 years, almost the entirety of his career, all of it with Boyle Investment Company. 

PURE Academy’s new campus will have 10 times the school’s current capacity. Also, a building at the corner of Kirby Parkway and Winchester Road will be “activated” with some new tenants.

Interest rates and other factors have led to a slowdown in the Memphis-area housing market. But experts believe the situation is not as troublesome as the Great Recession.

Local commercial real estate experts will discuss how many businesses are building the spaces they will occupy themselves and how work from home is affecting office space in Memphis. 

Real estate agents here are closely watching a battle in Missouri, where a jury last month agreed that several real estate firms and the National Association of Realtors had conspired to inflate Realtors’ commissions, driving up sales prices.

Owners of the historic building unwittingly created an uproar by starting to paint the brick. But they’re fine with a plan to restore the original facade at the future Tekila Modern Mexican restaurant site.

It is one of the city’s largest Black-led developments in a predominantly Black neighborhood, said The Works president Roshun Austin, who will oversee the project.

According to a site plan, the Poplar Avenue location would have two drive-thru lanes with no access to the site from Poplar. If the new location is approved, the chain would close its current Collierville location.

The Downtown Memphis Commission and the Downtown Mobility Authority plan to host a kick off event at the end of the month to start exterior work. 

Collierville gave final approval to apartments. However, the approval was the last for any land with the high-density zoning.

Hilltop Securities expands in the Trustmark Building and a new apartment complex is planned for Cordova.

Poag Development Group is buying Oak Court Mall for an undisclosed price in a deal that is expected close by mid-December.

East Memphis had the highest total home sales, and Southwind had the lowest.

This will be French Truck’s third location in Memphis and its 12th location nationwide. 

Both those for and against the proposal for two gated entrances to the Midtown neighborhood gathered at City Hall for the vote Thursday, Nov. 9. 

Land Use Control Board staff disagree with a neighborhood plan to combat crime. 

Several commercial ventures including Lopez Grill and O’Reilly Auto Parts, are nearing completion in as interest increases in the suburb that’s in commuting distance of BlueOval City.

Condominiums could be headed to downtown Collierville. Additionally, the Planning Commission endorsed pickleball courts at a local fitness center.

Franchisee Loay Abdallah, who signed a five-location, five-year deal with Bonchon, tried Korean fried chicken in Chicago and couldn’t forget the taste.

The six-year payment-in-lieu-of-taxes incentive, approved Monday night, Oct. 23, comes as Campbell Clinic officials look to build a facility at the northwest corner of Bailey Station Road and Poplar Avenue.

The building’s owner plans to change its rooftop sign, which reads “LYFE Kitchen,” with one that would read “The Chisca.”