Completed in 2019 at 6200 Global as the city’s first spec warehouse in 11 years, the 421,000-square-foot, Class A facility quickly landed a tenant and has just sold for a second time. And, several other speculative logistics centers in Memphis are in the pipeline.
Homes in the neighborhood have fallen into disrepair, but renovations and new construction are giving the Glenview community new life.
The amount of the Mannings’ donation to the Overton Park golf course renovation was not revealed, but the contribution brings the amount raised so far to $1.7 million of the $2.5 million fundraising goal.
The industrial real estate firm Faropoint had acquired in 2016 five of the buildings it just sold, and bought the other 23 buildings in 2018. Faropoint still owns a substantial amount of industrial space in Memphis.
The Board of Adjustment approved zoning variances for both a service to the homeless and for the Railgarten entertainment venue. But the board imposed two-year sunset clauses on both approvals.
If Crown World decides to come to Memphis, it would buy and renovate an empty, airport-area office building, invest $2.7 million in the property, and hire 25 people.
The owner of Alcenia’s restaurant is receiving help from multiple organizations to buy and improve her Pinch District building. And the owner of a historic Film Row building receives help to renovate the exterior of the Art Moderne structure.
A colorful debate is being waged over the striking designs in the renovations of two old, East Memphis apartment communities.
States the marketing brochure: “Owner reserves the right to accept all cash full price offers on a first come first serve basis.”
They were about as close as brothers can be, having been forced to share a bed or bedroom through childhood. COVID-19 took the life of Donnell Cobbins on Friday, Dec. 11. And Darrell Cobbins now knows the meaning of a stranger’s message to both of them when they were teenagers.
Executives with a dental products company say they would open a dental lab near the airport if their company receives a tax incentive.
California-based CloudKitchens has purchased a vacant, former auto parts building in a distressed part of Summer Avenue. The 11,000 square feet could house dozens of small, commercial kitchens for the pandemic-fueled industry of meal delivery.
A planned, Cooper-Young subdivision of 11 lots on just 1.2 acres won approval from the Land Use Control Board after the developer made substantial changes to make the site connect better with with the neighborhood.
The 5.5-acre, $60 million mixed-use proposal for the north edge of Cooper-Young will next be reviewed by the City Council.
Residential development in Lakeland is at a premium, leading to a high demand for new houses in a tight market.
A large, colorful and sometimes controversial life has died with the passing of developer William R. “Rusty” Hyneman. He owned and flew personal jets, drove exotic cars and lived in mansions. His early developments, for some, symbolized the excesses of suburban sprawl. But friends and family remember his quiet generosity and indomitable spirit.
The average price of a house sold in Shelby, Fayette and Tipton counties during November was $217,080, up 10.7% from a year earlier. But the number of houses for sale continues to shrink.
Among the 14 newest applications submitted to the planning board are ones to accommodate a short move by Third Church of Christ, Scientist, to allow construction of a Shelby County fire station, and to double the size of a Downtown condo development.
The Center City Revenue Finance Corp. voted unanimously in support of $129.5 million worth of public incentives for One Beale’s fourth phase, plus a 5 percent tax surcharge on One Beale customers that is projected to generate another $139 million over 30 years.
Olymbec is a Canadian company, but Memphis is headquarters for its operations in the U.S.
The developers who have been wanting to build office space on undeveloped land in East Memphis have returned to the planning board with a new proposal.
Christian Brothers University seeks approval for a 7.2-acre planned development it labels as its “North Campus.” The area is just southwest of South Hollywood and Avery.
The Greens at Irene Woods would transform undeveloped property across Forest Hill Irene Road from the Mike Rose Soccer Complex.
The Nashville-based pizza chain that serves Black culture, art and community as well as pizza expands into Memphis on Dec. 16 when a Slim & Husky’s opens at 634 Union.
It’s spacious, it’s modern and everybody can take advantage of river views. But most of its newly renovated workstations and offices are empty because of COVID-19.