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.
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%.
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.
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.
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.
The development project would add 150 new hotel rooms Downtown and provide on-site parking at a nearby facility.
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.
Designed and built by prominent real estate developer Robert Brinkley Snowden in 1898, Ashlar Hall has been in a state of limbo for years.
Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.
Buster’s Liquors & Wines will open its second location in the Ridgeway Trace Shopping Center on Poplar Avenue.
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.
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.
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.
American Residential Services says it will invest $2.75 million to expand its headquarters operations in East Memphis.
The Downtown Memphis Commission recently approved $7 million for the developer to begin the process of removing debris and hazardous materials from the building.
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.
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.
Located at Memphis International Airport, the World Hub will include both office space and “state-of-the-art package sortation infrastructure.”
While the Airbnb market has seen occupancy rates decline over the past year, listings and bookings are increasing. Related story:
“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:
To capitalize on foot traffic in Overton Square, Lucyja Hygge will be open until 9 p.m. on Fridays and Saturdays.
Some have called Roxie’s burgers the best in the city.
Nearly three years and $40 million later, the Downtown Mobility Center will open Thursday, Aug. 3.
Orion is focusing most of its energy on real estate, but it’s also looking at multi-family commercial opportunities to provide affordable housing or housing across the city.
The restoration of the Cycle Shop itself is nearly complete, with the expected groundbreaking for the multi-family element of the project set for early 2024.