Left vacant since 2014, Memphis’ tallest building is set to undergo a $267 million renovation. 

Orgel has had success in recent years with similar adaptive reuse projects like the Tennessee Brewery on South Bluffs and the American Snuff building in Uptown. 

A family-owned furniture business will take over the 135,000-square-foot space at Carriage Crossing formerly occupied by Macy’s.

The new ownership group was initially interested in working with the former owners on the multifamily part of a planned mixed-use redevelopment but ultimately made an offer for the entire property. 

“It’s amazing that almost every commercial real estate developer has driven by this site for years, but nobody looked underneath the hood,” broker Barry Maynard said.

Alpha Omega Veterans Services was given the former training center through a federal grant by the U.S. General Services Administration (GSA).

The old Coleman Taylor Transmission shop on Union is leaving the Edge District. Its departure frees more room for new apartments that would be called The Rise on The Ravine.

Scannell is preparing the site for a 150,000-square-foot build-to-suit warehouse for Performance Food Group. 

“Getting this property was a godsend because it came at just the time when we needed it,” said Alpha Omega Veterans Services Executive Director Cordell Walker. The nonprofit acquired the former Marine Corps Reserve Center at 3114 Jackson Ave. through a federal grant process. 

According to Cushman & Wakefield/Commercial Advisors, total new direct leasing activity for 2021 topped 19 million square feet. 

A new multifamily building planned for 220 S. Claybrook St. could offer more housing options for a growing Medical District. 

Butler Row would span more than 2 acres, including the intersection at East Butler Avenue and B.B. King Boulevard.

The folks at cnct. development say infill projects are as important to revitalizing the Edge District as larger projects like Orleans Station and The Ravine. 

A 120-year-old office building is moving forward with renovations, a new wine merchant is coming to the Edge District and Memphis may get a pOpshelf. 

Arguably, planning expert Josh Whitehead knows more than anyone about trends in Memphis development. He answered a few questions before leaving City Hall to join a law firm.

‘We can do green, we can do pink, we can do red, we can really do anything,’ Shane Soefker said of Clark Tower’s new lights. ‘We’ll have lots of opportunity to do different things with different holidays and initiatives.’

Until the new president can be nominated and confirmed, EDGE chose to appoint a vice president to handle certain day-to-day and administrative functions.

What to do with shuttered big box stores, and an update on the planned mixed-use development at the former Union Avenue police station.

Southwest Tennessee Community College is focusing on rebuilding its enrollment after a 24% drop during the COVID-19 pandemic.

Businessman Mark Lovell has sold the privately owned but publicly accessible Stonebridge Golf Course.

“Even with the market slowing a bit during the holidays, like it always does, the numbers are still strong,” MAAR president Cassandra Bell-Warren said in a statement released Monday, Dec. 13. 

The developer purchased two vacant parcels in the Forest Hill Heights area — a mixed-use zoning site near a planned sportsplex by the suburb.

On Monday, Dec. 6, the Shelby County Commission approved the Economic Impact Plan for Union Depot, which in the process approves a TIF district for the project.

The Downtown Memphis Commission affiliate Center City Development Corp. will decide whether to expand the South City Good Neighbor Grant program when it meets Wednesday, Dec. 15.