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Real Estate

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  • City of Memphis

    City’s $10 million loan for third One Beale hotel changes terms

    The council approved the original deal of what amounted to a $10 million advance on the city’s lease of convention meeting space in the Grand Hyatt — the third of three hotels at One Beale — in September on a 10-0 vote.

    By Bill Dries October 17, 2022
  • Real Estate

    Three of Cups Wine Bar, Jazzy J’s Sports Bar on tap for Memphis

    Three of Cups will have a small food menu focused on charcuterie and a small vermouth beverage program instead of a full-service cocktail menu

    By Neil Strebig October 14, 2022
  • Premium Real Estate

    Inked: Residential real estate dips, industrial real estate remains red hot

    This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report. 

    By Neil Strebig October 12, 2022
  • Real Estate

    Vic on Union gets 12-year PILOT for its $46.6 million apartments, pool, lazy river

    On Tuesday, Oct. 11, the Center City Revenue Finance Corp. approved a 12-year PILOT for the $46.6 million Vic on Union development in the Medical District and provided updates on the Dream Hotel project. 

    By Neil Strebig November 08, 2022
  • Real Estate

    RDX trucking celebrates new HQ in former Mall of Memphis site

    On Friday, Oct. 7, the co-founders of RDX, a trucking company, had the grand opening of their new $8.6 million facility at 4504 American Way. 

    By Neil Strebig October 07, 2022
  • Real Estate

    Developer seeks tax incentives for $46M Medical District apartment complex

    Texas-based Hunington Properties wants a 12-year PILOT for its 286-unit Vic on Union development at the former Office Depot site at 785 Union Ave. 

    By Neil Strebig October 06, 2022
  • Real Estate

    University Lofts project to add 105 apartments to Edge District

    Jonesboro-based Six Land Company is planning to demolish the former Holliday Flowers site and build a $15.3 million, 105-unit apartment complex overlooking The Ravine.

    By Neil Strebig October 06, 2022
  • Premium Real Estate

    Inked: Q3 Industrial report ‘solid,’ Rumble Boxing comes to Midtown

    This week’s Inked covers news on Cushman & Wakefield’s industrial estate report, the new Rumble Boxing location and Drapac Capital leaving Memphis. 

    By Neil Strebig October 05, 2022
  • Premium Real Estate

    Boutique apartments spring from old mattress factory

    A $4 million restoration project has transformed the old the National Rose Spring and Mattress Co. building into a mixed-use development Downtown at 80 W. Virginia Ave.

    By Neil Strebig October 03, 2022
  • Real Estate

    Demolition plans set for Williamsburg Village, Dory gets a new patio

    On Wednesday, Sept. 28 Memphis and Shelby County Board of Adjustment approved plans for demolition and redevelopment at Williamsburg Village, a new outdoor patio at Dory Restaurant and an update on the Lowenstein Mansion. 

    By Neil Strebig September 29, 2022
  • Premium Real Estate

    Inked: Nothing Bundt Cakes on the move, an ICED loan, Friends for Life gets new HQ

    This week’s Inked covers news on a new ICED loan recipient, Friends for Life headquarters update and a new location for Nothing Bundt Cakes in East Memphis. 

    By Neil Strebig September 28, 2022
  • Germantown

    Germantown’s Carrefour, Glasgow developments closer to breaking ground

    The board approved contracts for the former Germantown Country Club site and a building at the reimagined Carrefour at Kirby Woods.

    By Abigail Warren September 27, 2022
  • Real Estate

    Memphis becomes first city in Tennessee with federal incentive for eco-friendly projects

    On Wednesday, Sept. 21, Economic Development Growth Engine board members approved the federal eco-friendly incentive for developers. 

    By Neil Strebig September 21, 2022
  • Germantown

    Germantown to consider final review of two developments

    Two large developments in Germantown could be underway soon. The final review by the Board of Mayor and Aldermen is scheduled for Monday.

    By Abigail Warren September 21, 2022
  • Premium Real Estate

    Inked: Ivory Closet for sale, Dory looking to build new outdoor patio

    This week’s Inked shares news on a new 80-acre mixed-use development in Eads, Dory Restaurant’s new outdoor patio and a change in ownership for Ivory Closet in Overton Square. 

    By Neil Strebig September 21, 2022
  • Germantown

    New shops pack Saddle Creek full

    Shops of Saddle Creek is fully occupied with the additions of some unique-to-market tenants.

    By Abigail Warren September 19, 2022
  • Premium Real Estate

    New owners ready to recapture Hotel Pontotoc’s former glory

    Developers Joseph Lewis and Tony Kuhn plan to begin $3.2 million restoration this fall. 

    By Neil Strebig September 16, 2022
  • Real Estate

    Malone Park Commons receives $150,000 development grant

    Uptown’s Malone Park Commons sought the special grant after rising construction costs increased the budget, according to staff reports.

    By Neil Strebig September 15, 2022
  • Premium Real Estate

    Inked: Emerge building to be rebranded, Monster Mini Golf coming to Cordova

    New Memphis moving to Emerge Building. Number of homes sold drops but August home prices up 5.2% over a year ago. Monster Mini Golf coming to Cordova.

    By Neil Strebig September 14, 2022
  • Real Estate

    Downtown board approves PILOTs for Greyhound Complex, Crump Blvd. development

    Discussion of $226 million Sheraton renovation project was delayed to Oct. 11. 

    By Neil Strebig September 13, 2022
  • Real Estate

    DMC board approves Grand Hyatt, One Beale financing

    On Tuesday, Center City Revenue Finance Corp. board members approved financing for the Grand Hyatt hotel and final phase of One Beale development.

    By Neil Strebig September 13, 2022
  • Premium Business

    Fed offers mixed look on Memphis economy

    According to the Fed, overall labor market conditions remain tight, with contacts across the Eighth District reporting that workers remain scarce. 

    By Rob Moore September 13, 2022
  • Downtown

    Uptown’s Malone Park seeks $150,000 special development grant from CCDC

    A special development grant for Malone Park Commons in Uptown is on the upcoming Sept. 14 Center City Development Corp. agenda. 

    By Neil Strebig September 14, 2022
  • Real Estate

    EDGE expected to approve eco-friendly, federal incentive this month

    To qualify, developers would have to invest at least $1 million in energy efficiency improvements or projects to reduce lead in drinking water.

    By Neil Strebig September 09, 2022
  • Real Estate

    Slider Inn to expand South Main patio space

    On Sept. 8, Memphis and Shelby County Land Use Control Board members approved plans for an outdoor patio and entertainment space for Slider Inn at 363 Mulberry St. 

    By Neil Strebig September 09, 2022

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