Buying a 675,000-square-foot office tower for just $55 a square foot in a prime, East Memphis location gives the new owners latitude to spend a lot more money improving the building and adding tenant amenities.
The Lake District continues to announce new tenants as the massive mixed-use development off the main junction for Interstate 40 at Lakeland takes shape.
Current zoning allows for 60 dwelling units per acre, and 18 Main’s development plans call for 133 dwelling units per acre.
A Florida-based developer wanting to build a 92-unit multifamily apartment complex in the University District is one step closer to doing so.
CBRE will handle management and leasing of the 15-story office tower at the intersection of Jefferson Avenue and Third Street.
Good commercial real estate trumps a pandemic and any surge in e-commerce, figures Ray Gill of Gill Properties. Exhibit A: His new White Oak at White Station center is 96% filled.
Three leaders of the federally-funded effort to help pay overdue rent and utility bills talked on “Behind The Headlines” about what the new market reality means for the city’s growth with a shortage of quality affordable housing.
The newly planted greens of MiniVerde Bermudagrass are 99% ready. But the Bermuda Certified 419 fairways and tees still have bare spots, and the tall fescue for the natural areas and habitats must be reseeded this fall, the city’s top golf official says.
Jesse Chapman Sr. stopped parking cars for a living about 75 years ago to open the Downtown store now called Chapman Furniture. His children just sold their building at 335 and 341 S. Main St. and plan to close shop within six months.
A Dallas developer received approval from the planning board to rezone a wooded corner of Austin Peay at Singleton Parkway. But six more hearings are required.
Construction for the adaptive reuse of the old Trolley Stop restaurant building at 694-704 Madison may start in September and be completed next April.
The same Atlanta-based developer involved in other big industrial developments around Memphis International Airport is facing stiff opposition from residents to its plans to erect a fulfillment center at the Mississippi state line and Tchulahoma Road.
At 50 years old, the 34-story office tower has a new owner that plans “substantial” improvements to the building.
“July was an incredible month and it’s been a very good year for home sales,” says local Realtors president Cassandra Bell-Warren.
Gas stations and used-tire shops no longer fit within the long-range plans for 21 commercial districts across Memphis, according to a new recommendation from the Division of Planning & Development.
The Annesdale Mansion, built in the style of Italian Villa architecture, has been listed on the National Register of Historic Places for 41 years.
The proposed development would be on the same intersection as Collage Dance Collective and the Binghampton Gateway Center.
The 20-story, $190 million Grand Hyatt will be a centerpiece of the 5.2-acre mixed-used development at the end of Beale Street overlooking the Mississippi River.
New owners plan a “comprehensive improvement plan” for the iconic office tower in the heart of East Memphis.
A eulogy for two important, modern buildings, each designed by architects who sit in the pantheon of Memphis architecture.
Ridgeway Trace shopping center operates at a prime junction for Memphis retail: Interstate 240 and Poplar. The property changed hands this week.
The board also approved zoning variances for a Georgia-based developer that plans to build affordable housing complexes in the North Poplar neighborhood near Le Bonheur Children’s Hospital.
All the property within the vast, old Memphis Army Distribution Depot has been sold to private owners, so the public board overseeing the site was to have been dissolved Wednesday. But neighbors’ concerns delayed the action.
One Beale’s developer unveiled the final renderings for the 20-story, $190 million Grand Hyatt Hotel. Construction is to start early next year.
A developer says he needs exceptions to zoning rules so he can build a 92-unit apartment complex near the University of Memphis and meet demand for student housing. But the University District Neighborhoods Corp. and others oppose the plan.