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Real Estate

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  • Real Estate

    Landlords, federal agencies battle in court over halting evictions

    U.S. Dist. Judge Mark Norris tells parties he will rule as soon as possible over landlords’ request to at least temporarily block the CDC’s order halting evictions across the nation.

    By Tom Bailey October 30, 2020
  • Real Estate

    Board delays vote deciding fate of historic Nylon Net Building

    The Board of Adjustment also denied giving a zoning variance to Prairie Farms dairy plant, which wants to use three of its acres for plant operations.

    By Tom Bailey October 30, 2020
  • Real Estate

    $62M parking, walking proposal passes first test

    The package of projects that includes a $42 million “Mobility Center” is designed to balance the needs of those hunting for a parking spot with those walking around Downtown and the riverfront.

    By Tom Bailey October 29, 2020
  • Real Estate

    Kroger sells vacant land in Washington Bottoms

    Kroger did build a fuel center on the north end of the site, but just sold the other, still-undeveloped 17.3 acres for $2.6 million.

    By Tom Bailey October 27, 2020
  • Premium Real Estate

    A $62M plan in 10 images: For easier parking, walking

    A plan to improve and enhance – maybe even solve – Downtown’s parking and walking challenges has many parts to it. Here’s a guide to help make it easier to digest.

    By Tom Bailey October 27, 2020
  • Real Estate

    Transformation for historic Marine Residence nearly finished

    Marine Hospital Residence, at 360 Metal Museum Drive, comprises just 71 units on 3.2 acres. The place will offer a different, less dense experience than apartment life in Downtown’s core and South Main District.

    By Tom Bailey October 26, 2020
  • Real Estate

    Faropoint buys more industrial space near Memphis, seeks more

    Faropoint just bought a 708,000-square-foot warehouse in Marshall County, and now owns 4.6 million square feet of industrial space in the Memphis area.

    By Tom Bailey October 23, 2020
  • Real Estate

    ‘Mobility Center’ crowns $62M plan to improve Downtown parking, walking

    The Downtown Memphis Commission is proposing a comprehensive solution to parking and pedestrian shortcomings.

    By Tom Bailey October 26, 2020
  • Real Estate

    School’s prestige vs. house values? U of M, neighbors square off

    The University of Memphis wants to build new student apartments in part to become less of a commuter school and gain academic prestige. But neighbors say the proposed apartments are too close to their houses and will hurt property values and their quality of life.

    By Tom Bailey October 23, 2020
  • Real Estate

    Easing the burden: Construction permitting, records go online

    The new Develop901.com will save builders and citizens a lot of trips to the Codes Enforcement Office and City Hall.

    By Tom Bailey October 22, 2020
  • Real Estate

    Salon owner opens Millington CBD store

    Salon owner learns the ropes on hemp from fellow female entrepreneur and opens her own CBD store in Millington.

    By Christin Yates October 21, 2020
  • Real Estate

    One Beale starts pre-leasing apartments, office element dropped

    First come, first served: The first 100 units at the The Landing at One Beale are nearly complete and can be pre-leased by apartment hunters willing to commit based on information and images at landingresidences.com. In-person tours are still a few weeks away.

    By Tom Bailey October 20, 2020
  • Premium Real Estate

    Mystery solved: Poplar Plaza statue found by DM reader

    The 10-foot-tall artwork of spiraling, silver aluminum stands in a nook less than a mile away.

    By Tom Bailey October 21, 2020
  • Real Estate

    Black developer, architect and branding power proposed hotel/condo high-rise

    Ralph Lauren model Tyson Beckford is friends with the Memphis-born architect for the proposed $180 million high-rise in the Pinch District. The Beckford Hotel would reflect Beckford’s image, described as: “Where sophistication meets chic.”

    By Tom Bailey October 20, 2020
  • Real Estate

    Builders succeed by putting higher-end homes where others don’t

    The concept contradicts traditional ideas about real estate, but buyers are snapping up the relatively expensive houses Laurynas Petrauskas and Raymond Sharkus build next to less-valuable homes.

    By Tom Bailey October 19, 2020
  • Real Estate

    Efforts to bring grocery to Downtown/South City fail

    A developer has given up — for now — on a two-year effort to recruit a grocery store to serve South City in an otherwise comprehensive, $227 million project to improve the quality of life in the economically distressed neighborhood.

    By Tom Bailey October 18, 2020
  • Real Estate

    Memphis industrial real estate remains solid despite pandemic

    Despite COVID-19, companies have absorbed more than 3 million square feet than they have vacated in the Memphis area during 2020.

    By Tom Bailey October 13, 2020
  • Real Estate

    Is COVID boosting home sales?

    The pandemic, combined with low interest rates, may be fueling home sales. At least among those who have job security.

    By Tom Bailey October 12, 2020
  • Premium Real Estate

    For sale: Historic synagogue site filled with memories and marble

    Built 65 years ago for the Baron Hirsch Synagogue and sold 28 years ago to a Church of God in Christ jurisdiction, the historic property at 1740 Vollintine is up for sale for only the second time.

    By Tom Bailey October 13, 2020
  • Real Estate

    Companies consider COVID protocols with new office space

    Many office moves occurring now were being planned before the pandemic.

    By Christin Yates October 11, 2020
  • Real Estate

    Planning board approves just one of 3 proposed gas stations

    A proposal to build a Murphy Express gas station in Raleigh received approval even though it does not follow the city’s long-range concept plan to make key intersections more appealing and pedestrian friendly.

    By Tom Bailey October 08, 2020
  • Real Estate

    Architectural materials warehouse planned for Olive Branch

    Material Bank plans to lease warehouse space, invest $14.5 million and employ 300 people in Olive Branch.

    By Tom Bailey October 09, 2020
  • Real Estate

    Drop-in center will offer rest, food, safety for prostitutes

    The transaction shows a typical real estate exchange: $225,000 for a property near Summer Avenue. But the plan for the building may be like nothing Memphis has seen before. 

    By Tom Bailey October 08, 2020
  • Premium Spirit of Memphis

    MyCityRides buys Summer Avenue property for scooter campus

    The nonprofit organization that promotes the 169cc SYM Fiddle III motor scooter as an affordable solution for getting Memphians to and from work now plans a new campus on Summer Avenue. 

    By Tom Bailey October 07, 2020
  • Real Estate

    U of M seeks approval for 529-bed student apartment development

    The University of Memphis seeks approval of a planned development to build six buildings for 135 student apartments, or 529 beds, plus a small commercial building. The linear development would stretch along Deloach from Poplar to Central.

    By Tom Bailey October 05, 2020

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