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. 

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“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.”

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Memphis short-term rental market on track with U.S. data

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.

“The back door to Downtown” is seeing a resurgence of residents and businesses, especially as construction continues on the nearby interstate. 

Carpenter Art Garden wants to lease land from the city, while Calvary Church wants to teach kids to ride horses.

When the Federal Aviation Administration announced in March it would invest $14.8 million into upgrades at Memphis International Airport, the agency also announced it would grant Millington’s airport $1 million toward the new terminal. 

An affiliate of Gulf Coast Commercial Management, 210 Development bought the 450,000-square-foot office and retail center in 2022 for $49.1 million. 

The Crump Firm is expanding its presence in East Memphis at the Crescent Center. St. Mary’s Episcopal Cathedral moves forward with a $1.4 million renovation project. 

Although total home sales have decreased from last year, June sales rose 43.3% over May’s sales.

In 2022, AOD Properties was awarded a $60,000 Exterior Improvement Grant from the Downtown Memphis Commission to renovate the building at 154 G.E. Patterson Ave.