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Real Estate

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  • Real Estate

    200 yards of trees below Martyrs Park cut without permission, official says

    On a Wednesday afternoon, March 10, someone without permission cut down scores of trees on the publicly owned Mississippi River bank below Martyrs Park, a parks official says.

    By Tom Bailey April 22, 2021
  • Real Estate

    Sylvamo focused on Memphis for its global headquarters

    Executives of the printing paper-making company that is spinning off from International Paper expect to decide by October where to put their global headquarters.

    By Tom Bailey April 21, 2021
  • Real Estate

    Carlisle adds brick, other changes to 7 Vance design

    The Design Review Board will meet in a special-called meeting Thursday, April 22, to judge whether a revised design for the 7 Vance Building fits in South Main’s historic warehouse district.

    By Tom Bailey April 20, 2021
  • Premium Real Estate

    Byhalia pipeline case tests eminent domain law

    Can a private oil pipeline company force private property owners to provide access to their land? The eminent domain case involving the Byhalia Connection project will attempt to answer that question.

    By Blake Fontenay April 20, 2021
  • Real Estate

    In life and art, a happy ending to the park-freeway saga

    The Citizens to Preserve Overton Park took its fight to stop a highway all the way to the U.S. Supreme Court. Playwright Virginia Ralph saw an imaginative children’s musical in that real-life story.

    Related story:

    Activists saved Overton Park; now they just may stop a pipeline

    By Don Wade April 19, 2021
  • Real Estate

    Activists saved Overton Park; now they just may stop a pipeline

    Two women are leading the effort to stop Byhalia Pipeline from running its crude oil through South Memphis neighborhoods. The fight is reminiscent of the battle won decades ago by women who stopped a freeway from running through Overton Park.

    By Don Wade April 19, 2021
  • Real Estate

    River Parks: Unauthorized bluff tree-cutting was ‘vandalism’

    A Mississippi tree service owner says Steve Harvey’s wife, Marjorie Harvey, told him she had permission to remove the two large magnolias, even though they were on public land.

    By Tom Bailey April 15, 2021
  • Real Estate

    Baron’s Man Cave reopening Downtown

    Owner Dara Vongphrachanh said the Paycheck Protection Program loan and Our Beautiful Comeback Grant were “lifelines” for her business.

    By Christin Yates April 15, 2021
  • Real Estate

    Hyatt Centric brings something old, something new to Downtown

    The Hyatt Centric is the city’s first hotel with a Beale Street address. It’s intended to be a mix of the old and the new, as well as a mix of the familiar and the unique.

    By Blake Fontenay April 14, 2021
  • Real Estate

    WLOK, Big River Market seek Downtown grants

    WLOK seeks a $50,000 grant to beautify its buildings at 363 S. Second. And the owner of the planned Big River Market, a small food/coffee store, seeks a $60,000 grant to help prepare space at the corner of Tennessee and G.E. Patterson.

    By Tom Bailey April 14, 2021
  • Real Estate

    Company founded by Grizzlies’ Pera leases Memphis warehouse space

    Ubiquiti, a communications technology company, has completed a lease for 161,000 square feet of warehouse space in the Southeast Memphis industrial district.

    By Tom Bailey April 13, 2021
  • Premium Real Estate

    New owner describes plans for Masonic Temple building

    Bill Townsend feels he didn’t so much buy a building as a 107-year-old time capsule. He’s already got short-term plans and has discussed long-term possibilities with brg3s architects.

    By Tom Bailey April 13, 2021
  • Real Estate

    Poplar rezoning moves to third reading

    The board will take final action on David Skinner’s property rezoning request at Poplar and Forest Hill-Irene during its April 26 meeting. 

    By Abigail Warren April 12, 2021
  • Premium Real Estate

    Downtown’s historic Masonic Temple building is sold

    The ornate Memphis Masonic Temple has sold for $2.225 million, according to the Shelby County Register’s Office website.

    By Tom Bailey April 12, 2021
  • Premium Real Estate

    Construction takes longer, costs more as supplies grow scarce

    Construction firms and suppliers describe the effects created by the tight supply and rising costs of lumber and steel.

    By Tom Bailey April 12, 2021
  • Real Estate

    StayAPT enters Memphis market with extended-stay Cordova hotel

    The new stayAPT Suites company plans to enter the Memphis market with a 76- or 88-room hotel behind the Commons at Dexter Lake shopping center in Cordova. And it won’t be the last stayAPT in the Memphis area, one executive says.

    By Tom Bailey April 09, 2021
  • Premium Real Estate

    Industrial broker: Real estate agent engineers a rare career

    Laura Meanwell has worked as an engineer, led a successful campaign to change Germantown school hours, served on civic commissions, and even been a “director of euphoric events.” Now, she has a job that’s unusual for women in Memphis: Industrial real estate broker.

    By Tom Bailey April 09, 2021
  • Real Estate

    7 Vance Building developers: ‘Failure is not an option’

    Carlisle Development responded to the rejection of its design for a $43 million, mixed-use building in a positive, forward-looking way. The co-developers said they plan to “resolve any outstanding design issues.”

    By Tom Bailey April 08, 2021
  • Real Estate

    Planning board sees litter, rejects apartment expansion

    All the litter showing up in each case file photo was not the focus of the development issues. But Land Use Control Board members took notice and rejected a landlord’s plan to enlarge his rental property in South Memphis. 

    By Tom Bailey April 08, 2021
  • Real Estate

    Board approves designs for The Walk and Clayborn Temple, rejects 7 Vance

    The Design Review Board approved and heaped praises on the design for the massive Walk on Union mixed-use development. But the board rejected the design for the $43 million 7 Vance Building, saying it might fit in Cordova or the suburbs but not in Downtown’s historic warehouse district.

    By Tom Bailey April 08, 2021
  • Premium Real Estate

    Two East Memphis neighborhoods want to block through traffic

    Residents of two East Memphis neighborhoods request that their streets be permanently gated or blocked from two busy streets, Poplar and Highland. But doing so would degrade the connectivity of the city’s street network, the Division of Planning and Development says.

    By Tom Bailey April 06, 2021
  • Premium Real Estate

    Developer calls Tunica nongaming resort a good bet

    You won’t be able to bet on the $140 million entertainment resort just announced for Tunica, but don’t bet against its success, the co-developer says.

    By Tom Bailey April 05, 2021
  • Real Estate

    Design board staff likes new building coming to historic site

    Few people if anybody wanted the demolition of Downtown’s historic Nylon Net Building. But the staff of the Design Review Board gives a thumbs-up to the proposed way that the replacement building would look.

    By Tom Bailey April 03, 2021
  • Real Estate

    NY developer proposes 5-story building on S. Main

    Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.

    By Tom Bailey April 01, 2021
  • Real Estate

    Industrial property gets even hotter

    Last year was the second-strongest for for industrial real estate ever recorded by Cushman & Wakefield/Commercial Advisors. But in just the first three months of 2021, the net, new space absorbed by users has already reached 68% of last year’s total.

    By Tom Bailey April 01, 2021

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