“There’s definitely an emphasis for companies to make the office an inviting place,” Matt Weathersby of Cushman and Wakefield said of the outlook for 2023.

As an influx of projects slowly but surely rise against Downtown Memphis’ horizon, the city inches toward walkability. But “you don’t get walkable communities thinking solely of pedestrians.”

Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November. 

The 60-acre Parkside at Shelby Farms mixed-use development received a development agreement extension until Dec. 31, 2023.

This week’s Inked includes updates on the Simmons Bank Liberty Stadium and a new hotel to multifamily conversion on Poplar Pike. 

The move to the Primacy I office building at 6077 Primacy Parkway — less than two miles from the IP towers — allows the paper company to house around 350 of its employees, who began returning to the office in October. 

This week’s Inked covers the latest on November real estate data and an update on a new multifamily complex at Shelby Farms. 

Bartlett’s industrial office market shows an imbalance. While there is is interest in moving into the area, available space is a challenge.

On Wednesday, Dec. 7, the Design Review Board approved plans for the Downtown Mobility Center, two Madison Avenue projects and partially approved the Dixie Greyhound mixed-used development in Uptown. 

“This is a wonderful Christmas present for Cordova,” Memphis City Councilwoman Rhonda Logan said. “This will be the catalyst needed for Cordova … and is a perfect example of a public-private partnership.” 

This week’s Inked discusses emerging trends from the Daily Memphian’s commercial real estate seminar, new apartment complex coming to East Memphis, and recognition for Memphis tourism.

“We’re thinking about a Jewish deli and an Irish pub. And what if we could get a really nice Lebanese place that would be a nod to St. Jude. We’d like to honor the history of this being an immigrant neighborhood.” 

The sentiment among almost anyone who can read a balance sheet is developments that couldn’t get off the ground in the past three years are going to need a lot more than luck in the inflation the Federal Reserve is trying to control with interest rates.

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Tom Intrator is developing a number of Downtown properties with the help of PILOTs. 

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Interest rates smothering developer’s $1B Pinch plans

This week’s Inked shares news on the Hyatt and Dream Hotel merger, new Inked Memphis location and two historic Memphis locations seeking National Register of Historic Places nominations. 

Members of “The Congregation” will include a local coffee shop and two other tenants at Forest Hill Baptist Church’s former location.

Four industry executives will be featured at the Commercial Real Estate: Review and Forecast Seminar at the Memphis Botanic Garden on Thursday, Dec. 1.

The Arlington Planning Commission endorses restrictions on several businesses, such as the location of gas stations and convenience stores, sending the recommendations to the Board of Mayor and Aldermen.

This week’s Inked covers updates on the $40 million Downtown Mobility Center, Dream Hotel and Downtown parking updates. 

In 2019, before the pandemic began, Memphis had an adult, daytime worker population of 47,337 people.

The store gives Casey O’Rourke space to hang decades of her fashion finds — from 1930s to early 2000s — and a place that will be ground zero for her gospel of reuse over support of the fast-fashion industry, which is responsible, by some counts, for up to 10% of global carbon emissions.

On Wednesday, Nov. 16, the developers of 100 N. Main shared an updated timeline for the renovation of Downtown Memphis’ tallest building. 

The Honey Pot, a feminine hygiene products company, will be the tenant for the site.

YogaSix plans to open at 372 S. Main St. next year, and Sephora is headed to the Kohl’s at 2335 N. Germantown Parkway in Cordova.

The resolution, which would ask the Tennessee Legislature and Gov. Bill Lee to change state law, is an alternative to a registry of rental property owners.