The Board of Adjustment approved a $220 million upgrade to a Wesson Oil facility and Memphis University School’s construction on an arts and sciences building and indoor sports facility. 

The Urology Group is working on its space along Wolf River Boulevard, while Poplar Towers gets a new tenant. Plus, a church is opening an event center.

The former Commercial Appeal facility was recently split into two entities: an office building and a warehouse.

Year-to-date home sales hit 2,344, up 18% from the same period a year ago. However, sales were down from last month.

The project, which received key approvals in 2019, ran into the buzzsaw of the pandemic, and then the developer blamed higher interest rates after the pandemic for delays. 

Uncle Lou’s Fried Chicken, Major Pieces Boutique and Glamour Grooming & Boarding received loans to help with hiring employees, renovating facades and other upgrades.

Plus, a Spa is moving into the Thornwood Development, and Grivet Outdoors secured a distribution center.

After receiving approval to use a Marriott brand, 100 N. Main developers are seeking the premium Autograph Collection for its $282 million redevelopment. 

Baby Grand moves into the Commonwealth Building; two tenants lease space in Elvis Presley Boulevard Shopping Center; and East Memphis Urgent Medical Clinic moves to Cordova.

One Memphis Place, a 15-story glass tower in the heart of Downtown, reaches a record occupancy rate thanks to recent renovations and listening to tenants’ concerns.

Tzoncalli Salon de Belleza expands into adjacent suite, 4.7 acres of vacant land sold in Collierville, Wastebox leases Mount Moriah Road warehouse and Century Express Carwash is coming to East Shelby Drive.

“We’re just continuing to grow,” said Paige Walkup, Caissa Public Strategies’ president, co-founder. “Our staff has exponentially grown over the last 18 months, and we anticipate probably adding another 20 employees within the next 10-12 months.” 

The 34-story tower in the heart of East Memphis has been renovated and brought back to life by local investors Clark Tower Owners LLC. 

BlueCross BlueShield of Tennesee is moving into the Commonwealth building, Fun City Adventure Park is coming to Cross Creek, and three multifamily buildings were bought for $1.28 million by Porch Tree LLC.

A Baptist Urgent Team clinic will open in Germantown in mid-March, The Onin Group is moving to Shelby County and Bernhard MCC will move into Shelby Oaks Industrial Park.

Crosstown Concourse might get an indoor event center on an unused surface parking lot following approval from the Land Use Control Board meeting on March 14. 

“My philosophy was always to be a resource. I always wanted to be the person that you go to solve the thing. And that’s how I positioned myself throughout my career,” said Chandell Ryan. 

Despite last year’s declining inventory, there were 3,319 houses on the market in January, up 3.1% from December and 19% from January 2023.

Soul Fish Cafe expands the Cooper-Young and Poplar Avenue locations into adjacent properties for more parking, and CRDN moves to a 100,000-square-foot warehouse in Memphis.

The Center City Revenue Finance Corp. on Tuesday, Feb. 13, approved the 30-year payment-in-lieu-of-taxes (PILOT) and recommended the Memphis City Council approve the TDZ surcharge. 

Officials would like to see some rejuvenation in the Bartlett Station area, but they are having trouble negotiating with properties owners.

The 99-year-old Dermon Building is one step closer to becoming a Holiday Inn Express, and the Ballard & Ballard Co. building is getting a facelift. 

Renovation of the 792,873-square-foot building will now cost more than $282-million, a 7% increase from the previous budget when presented to the Downtown Mobility Authority in 2022.

Compass Intervention Center is growing. Plus, Kemmons Wilson Regional Shopping Center has a new occupant, and a Peabody Avenue apartment building has been sold. 

The shortage of houses on the market, price increases and the rise of interest rates have resulted in a national trend of declining home sales, said the president of the Memphis Area Association of Realtors.