Bill Townsend feels he didn’t so much buy a building as a 107-year-old time capsule. He’s already got short-term plans and has discussed long-term possibilities with brg3s architects.

The board will take final action on David Skinner’s property rezoning request at Poplar and Forest Hill-Irene during its April 26 meeting. 

The ornate Memphis Masonic Temple has sold for $2.225 million, according to the Shelby County Register’s Office website.

Construction firms and suppliers describe the effects created by the tight supply and rising costs of lumber and steel.

The new stayAPT Suites company plans to enter the Memphis market with a 76- or 88-room hotel behind the Commons at Dexter Lake shopping center in Cordova. And it won’t be the last stayAPT in the Memphis area, one executive says.

Laura Meanwell has worked as an engineer, led a successful campaign to change Germantown school hours, served on civic commissions, and even been a “director of euphoric events.” Now, she has a job that’s unusual for women in Memphis: Industrial real estate broker.

Carlisle Development responded to the rejection of its design for a $43 million, mixed-use building in a positive, forward-looking way. The co-developers said they plan to “resolve any outstanding design issues.”

All the litter showing up in each case file photo was not the focus of the development issues. But Land Use Control Board members took notice and rejected a landlord’s plan to enlarge his rental property in South Memphis. 

The Design Review Board approved and heaped praises on the design for the massive Walk on Union mixed-use development. But the board rejected the design for the $43 million 7 Vance Building, saying it might fit in Cordova or the suburbs but not in Downtown’s historic warehouse district.

Residents of two East Memphis neighborhoods request that their streets be permanently gated or blocked from two busy streets, Poplar and Highland. But doing so would degrade the connectivity of the city’s street network, the Division of Planning and Development says.

You won’t be able to bet on the $140 million entertainment resort just announced for Tunica, but don’t bet against its success, the co-developer says.

Few people if anybody wanted the demolition of Downtown’s historic Nylon Net Building. But the staff of the Design Review Board gives a thumbs-up to the proposed way that the replacement building would look.

Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.

Last year was the second-strongest for for industrial real estate ever recorded by Cushman & Wakefield/Commercial Advisors. But in just the first three months of 2021, the net, new space absorbed by users has already reached 68% of last year’s total.

The Design Review Board gets details about “Building G,” a massive structure of 400 apartments, 27,000 square feet of retail, a parking garage and much more.

The new Board of Adjustment applications include a business that wants to produce ice cream in Whitehaven, a 3-acre self-storage business in South City and a 10-acre mixed-use development in the Medical District.

Junior Achievement sold its two, attached buildings at 299-307 Madison, plus a 25-space parking lot, to ServiceMaster by Stratos. Junior Achievement now occupies a small office at the University of Memphis.

The redevelopment will feature a 20-acre water park, two hotels with 1,168 rooms, a renovated golf course and more.

MyCityRides has raised about 85% of the $3 million it will spend to establish a new, larger headquarters at 3155 Summer Ave. The nonprofit still must raise about $400,000.

U.S. Rep. Steve Cohen said he hopes landlords and tenants in Shelby County will “work together” – with the aid of an additional $8.6 million in federal emergency rental assistance – to prevent evictions.

Former Memphis City Council member Brent Taylor for years has acquired and operated funeral homes in small towns near Memphis. But he recently innovated a relatively affordable funeral service in the heart of the bustling Poplar Corridor in East Memphis.

The distribution building that changed hands has been Hunter Fan’s logistics headquarters since 1996.

Property records show that developer Chance Carlisle’s RCM Devco has just added 2.7 acres to the 9.3 acres he plans to develop in East Memphis. The site at 5111 Sanderlin is where the Racquet Club of Memphis closed and was razed.

A planned tobacco shop will be allowed to open near Snowden School, but the owner must provide sales documents after the first three months proving that he’s not running a vapor shop, the Board of Adjustment voted.

The company that provides accounting, tax, insurance, auditing, and human resource services to businesses decided to stay and renovate its lofty place in Clark Tower.