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Real Estate

  • Real Estate
  • Financial Services
  • Health Care
  • Transportation/Logistics
  • Movers and Shakers
  • Ford Megasite
  • Real Estate

    Central Yards’ central goal: Blend in with Cooper-Young

    Fleming Architects believes it has met the challenge: Design a $60 million development of 348 apartments, parking structures and 53,000 square feet of retail so that it fits in with Cooper-Young’s older, smaller buildings.

    By Tom Bailey November 23, 2020
  • Spirit of Memphis

    Conservancy seeks young ideas for old Overton Park

    Overton Park Conservancy is asking the public to complete by Nov. 30 a 21-question survey to help guide a new master plan for the park’s east side. The survey is found at www.overtonpark.org/zone1.

    By Tom Bailey November 25, 2020
  • Real Estate

    Cognate BioServices gets big tax break for big investment, hiring spree

    The bio-services firm commits to creating 561 more jobs that pay $63,749 on average, and to making a $212.9 million capital investment.

    By Tom Bailey November 19, 2020
  • Real Estate

    U of M: Developer’s filing does not mean more apartments, congestion west of campus

    Stella Student Spaces has filed for a time extension for the approval it received two years ago to build 472 beds of student housing in an already congested neighborhood just west of the University of Memphis. But the filing does not mean what it appears, a U of M official says.

    By Tom Bailey November 18, 2020
  • Premium Real Estate

    Carlisle stands firm on decision to raze historic Nylon Net Building

    Chance Carlisle, owner of the Nylon Net Building, says that extensive study by his architectural and engineering consultants make him confident that razing the historic building and erecting new apartments is the right decision to make. 

    By Tom Bailey November 18, 2020
  • Real Estate

    Tommy Pacello’s legacy lives in corners, city blocks he improved

    Founder of the Memphis Medical District Collaborative saw huge potential in the bustling swath of land that is home to six hospitals, two colleges.

    Related story: Calkins: Tommy Pacello was given a year to live — and he lived like all of us should

    By Jane Roberts November 17, 2020
  • Real Estate

    Square’s Memphian Hotel may open in April

    Much of the exterior of Overton Square’s Memphian Hotel is completed. 

    By Tom Bailey November 17, 2020
  • Premium Real Estate

    Convention center project almost ready to turn lights on

    The nearly $200 million modernization of the Renasant Convention Center is winding down. A lighting ceremony is scheduled for 6 p.m. Tuesday, Nov. 17, to mark the occasion.

    By Wayne Risher November 17, 2020
  • Real Estate

    Archimania wins half of Tennessee’s design awards

    Archimania won seven awards and brg3s added another to give Memphis yet another strong showing in the statewide 2020 design awards of the Tennessee Chapter of the American Institute of Architects.

    By Tom Bailey November 17, 2020
  • Real Estate

    Room in the Inn, CME Church plan permanent shelter for homeless

    The CME Church has dropped plans to turn its historic, long-vacant Collins Chapel Connectional Hospital property into a skilled nursing facility. Now the church plans to lease the space to Room in the Inn, which will provide shelter, meals and some medical care to the homeless.

    By Tom Bailey November 16, 2020
  • Real Estate

    Commercial space may return to Poplar Viaduct’s east end

    A site plan for 2847 Poplar shows a commercial building of more than 7,000 square feet and 36 parking spaces.

    By Tom Bailey November 17, 2020
  • Real Estate

    Bio-services firm may add 561 jobs, invest $213M; seeks incentives

    Cognate BioServices, which has been contract-manufacturing in Memphis since 2007, seeks 15 years of property tax breaks that would save the company $52 million in return for the jobs and investment. However, the firm would still pay $65.4 million in taxes during the same period.

    By Tom Bailey November 19, 2020
  • Real Estate

    Broad Ave. water tower being strengthened to withstand demolition below

    Link Apartments Broad Avenue will comprise two buildings totaling 370 units. But before it is built, a large, old warehouse must be demolished. 

    By Tom Bailey November 13, 2020
  • Premium Real Estate

    Germantown Country Club plans include 381 single-family homes

    The planned unit development has not been submitted to the city yet. Developer Spence Ray showed the plans to neighbors who are receptive to the project.

    By Abigail Warren November 13, 2020
  • Real Estate

    Cordova’s Amazon delivery station approved, will generate 450 jobs

    Amazon is so eager to get the facility built near the southeast corner of I-40 and Appling that the e-commerce giant is – again – not seeking tax breaks or other public incentives that are so common for large-investment, high-employment developments.

    By Tom Bailey December 03, 2020
  • Real Estate

    Board to review plan for 12 residential lots on 1.2 acres in Cooper-Young

    A proposal to develop a dozen lots on less than 1.17 acres in Cooper-Young drew seven letters of opposition to the Land Use Control Board. But the planning board’s staff has “collaborated” with the developer and neighborhood association to resolve a number of the issues.

    By Tom Bailey November 12, 2020
  • Real Estate

    The state of commercial real estate in Memphis during COVID

    This free, virtual seminar at 3 p.m. today will feature in-depth discussion of the office market, industrial and distribution, retail, and apartments.

    By The Daily Memphian Staff December 03, 2020
  • Real Estate

    PennMarc building sold to Nashville firm for $26.3M

    Healthcare Realty Trust has purchased the six-story, 135,000-square-foot medical office building at 6401 Poplar.

    By Tom Bailey November 10, 2020
  • Real Estate

    No changes planned for The Citizen

    The partnership that built The Citizen in the heart of Midtown is selling it to a Carlisle Corp. entity, but no changes in operations are planned, a Downtown agency was told.

    By Tom Bailey November 10, 2020
  • Downtown

    Downtown’s $62M ‘mobility’ plan moves forward

    Despite a few questions, the Center City Revenue Finance Corp. board voted unanimously to fund a $62 million plan to improve parking, walking and cycling Downtown. The City Council and County Commission still must approve the project.

    By Tom Bailey November 10, 2020
  • Real Estate

    The Citizen may change hands, signs 1st retail tenant

    The Citizen not only may change hands, but the mixed-use development recently signed its first commercial tenant, a boutique salon called Sonder Luxury Suites.

    By Tom Bailey November 05, 2020
  • Premium Real Estate

    City envisions selling Midtown property for big-impact development

    The City of Memphis is taking extra time to write a request for proposals for bidders on its 4.5 acres at 1925 Union. City Hall wants not just a high bid, but a “highest and best” use that can be felt from Downtown to the University of Memphis.

    By Tom Bailey November 05, 2020
  • Real Estate

    Owner drops plan to raze Highland Heights church building, plans to sell

    The Division of Planning & Development recommends rezoning along two sections of Summer to prohibit such car-oriented businesses as gas stations and auto repair shops.

    By Tom Bailey November 03, 2020
  • Real Estate

    U of M relents, tells neighbors Deloach apartment plan to change ‘significantly’

    The University of Memphis, responding to strident opposition from nearby neighborhoods, plans to “significantly” scale back its plans for an apartment development on the northwest edge of the campus.

    By Tom Bailey November 02, 2020
  • Real Estate

    Carlisle buys Nylon Net Building

    The developer of One Beale and the Chisca on Nov. 2 paid $3.15 million for the vacant, historic warehouse at 7 Vance. Carlisle Corp. plans to build apartments there. But does the developer still plan to raze the whole building, or revert to its first plan to preserve the most historic part?

    By Tom Bailey November 04, 2020

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