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Real Estate

  • Real Estate
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  • Real Estate

    The Westin Memphis Beale Street clicks refresh

    The redesign at The Westin, which started in 2016, includes all guestrooms as well as the lobby, exercise facility and 9,000 square feet of meeting space.

    By Rob Moore August 30, 2021
  • Premium Real Estate

    New owners investing $12M to make Clark Tower ‘relevant’ again

    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.

    By Tom Bailey August 30, 2021
  • Real Estate

    Lake District development gains 3 more tenants

    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.

    By Michael Waddell August 27, 2021
  • Real Estate

    Downtown developer seeks density capacity increase for development

    Current zoning allows for 60 dwelling units per acre, and 18 Main’s development plans call for 133 dwelling units per acre. 

    By Rob Moore August 26, 2021
  • Real Estate

    Board approves requests for University District apartments

    A Florida-based developer wanting to build a 92-unit multifamily apartment complex in the University District is one step closer to doing so. 

    By Rob Moore August 25, 2021
  • Real Estate

    Downtown office tower bought by Florida company

    CBRE will handle management and leasing of the 15-story office tower at the intersection of Jefferson Avenue and Third Street.

    By Rob Moore August 24, 2021
  • Real Estate

    ‘Female-centered’ East Memphis commercial center filling up

    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.

    By Tom Bailey August 23, 2021
  • Real Estate

    ‘Dramatic’ changes in local rental market meet old challenges in affordable housing

    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.

    By Bill Dries August 20, 2021
  • Premium Real Estate

    Opening for ‘new’ Overton Park golf course now set for spring

    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.

    By Tom Bailey August 26, 2021
  • Premium Real Estate

    Main Street’s final furniture-only store to close

    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.

    By Tom Bailey August 16, 2021
  • Real Estate

    Retail construction may finally come to last undeveloped corner at Memphis gateway

    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.

    By Tom Bailey August 13, 2021
  • Real Estate

    Orleans Station developers seek renovation grant

    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.

    By Tom Bailey August 12, 2021
  • Real Estate

    Neighbors’ opposition may at least slow plans for Oakhaven warehouse

    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.

    By Tom Bailey August 12, 2021
  • Real Estate

    Clark Tower sold for $37 million

    At 50 years old, the 34-story office tower has a new owner that plans “substantial” improvements to the building.

    By Tom Bailey August 10, 2021
  • Premium Real Estate

    July home sales, prices rose, but so did the number of ‘For Sale’ signs

    “July was an incredible month and it’s been a very good year for home sales,” says local Realtors president Cassandra Bell-Warren.

    By Tom Bailey August 09, 2021
  • Real Estate

    Proposal bars new gas stations, used-tire shops from 21 areas in Memphis

    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.

    By Tom Bailey August 09, 2021
  • Real Estate

    Design firm may buy historic Annesdale Mansion

    The Annesdale Mansion, built in the style of Italian Villa architecture, has been listed on the National Register of Historic Places for 41 years.

    By Tom Bailey August 09, 2021
  • Real Estate

    Two Binghampton organizations oppose gas station proposal

    The proposed development would be on the same intersection as Collage Dance Collective and the Binghampton Gateway Center.

    By Omer Yusuf August 05, 2021
  • Real Estate

    Design of Grand Hyatt at One Beale receives conditional approval

    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.

    By Rob Moore August 04, 2021
  • Real Estate

    Iconic, towering East Memphis landmark changes hands

    New owners plan a “comprehensive improvement plan” for the iconic office tower in the heart of East Memphis.

    By Rob Moore August 03, 2021
  • Premium Real Estate

    Incredible hulks: Two muscular buildings by esteemed architects appear doomed

    A eulogy for two important, modern buildings, each designed by architects who sit in the pantheon of Memphis architecture.

    By Tom Bailey August 02, 2021
  • Real Estate

    Ridgeway Trace shopping center sells for $38 million

    Ridgeway Trace shopping center operates at a prime junction for Memphis retail: Interstate 240 and Poplar. The property changed hands this week.

    By Tom Bailey July 28, 2021
  • Real Estate

    Board delays U of M apartment decision, allows for Uptown storage facility

    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. 

    By Rob Moore July 28, 2021
  • Real Estate

    Neighbors’ concerns delay disbanding of Memphis Depot board

    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. 

    By Tom Bailey July 28, 2021
  • Real Estate

    One Beale reveal: Grand Hyatt’s final renderings unveiled

    One Beale’s developer unveiled the final renderings for the 20-story, $190 million Grand Hyatt Hotel. Construction is to start early next year.

    By Tom Bailey July 28, 2021

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