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Real Estate

  • Real Estate
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  • 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
  • Real Estate

    New Walnut Grove development plan eliminates offices, adds living space

    The Amherst Planned Development totals 101 acres at the northwest corner of the intersection of two major roads, Walnut Grove and Houston Levee.

    By Tom Bailey November 03, 2020
  • Real Estate

    Central Yards: 6-, 7-story buildings planned

    The developers say Central Yards meets the intent of the Midtown Overlay District except for some of the building heights, which they say are necessary to provide enough public parking that already is in demand in Cooper-Young.

    By Tom Bailey November 11, 2020
  • Real Estate

    Downtown Commission’s Oswalt leaving Memphis to guide Haslam family fortune

    Architect and urban planning consultant Ray Brown will serve as Downtown Memphis Commission’s interim president for up to six months starting Jan. 1.

    By Tom Bailey November 02, 2020
  • Premium Real Estate

    Mud Island: Big ideas come with the territory

    Some Memphians regard Mud Island’s walkable Mississippi River model and museum as sacred, while others say nothing should be off the table as city leaders look to the future.

    By Wayne Risher December 10, 2020
  • Real Estate

    Arlington home market strong despite pandemic

    Pricing is up across the board, partially due to a nationwide lumber shortage, and demand for homes in the suburb has stayed strong. The supply of homes for sale still hovers at all-time lows.

    By Michael Waddell November 02, 2020
  • Real Estate

    Large, mixed-use ‘Central Yards’ proposed for Midtown gateway

    The development would comprise 5.6 acres near the southwest corner of Cooper and Central, provide extra parking for an area that is often short on spaces, and be intentional about fitting in with the old neighborhood, the developers say.

    By Tom Bailey October 30, 2020

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