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Real Estate

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    Rent and concern for refugee families rise in Woodcrest Apartments

    Organizations are scrambling to find other housing for refugee families in Woodcrest Apartments. The units are being renovated, but the below-market rent is about to rise substantially.

    By Tom Bailey July 01, 2020
  • Visual Arts

    Metal Museum gets recommendation as Rust Hall’s next tenant

    Mayor Jim Strickland will consider the committee's recommendation that the Metal Museum be Rust Hall's future occupant. If he accepts it, the City Council would have final say.

    By Tom Bailey July 01, 2020
  • Real Estate

    Faropoint buys 12-property industrial portfolio in Memphis

    Faropoint has been buying industrial infill properties across the country, but continues to see Memphis as a top market for acquiring assets.

    By The Daily Memphian Staff June 30, 2020
  • Real Estate

    Developers move forward with $40M City Place apartments near Germantown

    City Place apartments will comprise 398 units in 15 buildings on 19.8 acres near the southwest corner of Winchester and Forest Hill.

    By Tom Bailey June 29, 2020
  • Real Estate

    Varsity Spirit resumes talks on move to Snuff District

    Varsity Spirit president Bill Seely confirms his company has restarted discussions about moving its headquarters from the suburbs to Uptown's planned Snuff District.

    By Tom Bailey June 26, 2020
  • Real Estate

    Orgel presses ahead with $32M Snuff District permit, but no office space yet

    Despite the pandemic, the development team files for a building permit to put the first 107 apartment units, community center and fitness center in the historic buildings of the Snuff District. But, the documents do not yet mention plans for office space.

    By Tom Bailey June 25, 2020
  • Real Estate

    Luciann theater project hits roadblock; nursing home approved for Binghampton

    Board of Adjustment members praised the vision to revive the historic Luciann movie theater, but rejected a zoning variance with a tie vote because of a procedural issue.

    By Tom Bailey June 24, 2020
  • Premium Real Estate

    Carlisle Corp. plans to partially preserve historic Nylon Net Building, build 210 apartments

    The plan is to preserve the bottom 20 feet of 7 Vance’s historic masonry facade, plus the smokestack.

    By Tom Bailey June 24, 2020
  • Real Estate

    Blood plasma donation firm plans facility in Raleigh

    Octapharma Plasma is seeking a conditional use permit to operate where the Salvation Army closed its Family Store and Donation Center on Austin Peay Highway.

    By Tom Bailey June 24, 2020
  • Premium Real Estate

    Headstone company sues, claiming planned gas station would kill its business

    West Memorials on Broad Avenue claims the proposed gas station next door blocks access to its loading dock.

    By Tom Bailey June 23, 2020
  • Premium Real Estate

    Fitness club quickly takes big-box space vacated by Best Buy in Southwind

    Mississippi-based Club 4 Fitness will spend about $1 million tailoring the former electronics store space into its first gym in Memphis.

    By Tom Bailey June 23, 2020
  • Premium Real Estate

    UPDATED: Developer asks for 30-day hold on Broad Ave. gas station plan

    Faced with stiff and diverse opposition, the developers have requested a 30-day hold on their already revised plans for a gas station/convenience store at the gateway to Broad Avenue. 

    By Tom Bailey June 23, 2020
  • Food News

    New deli coming to Park Ave. near Audubon Park

    The building that for decades housed Consignment Music will become a deli restaurant.

    By Tom Bailey June 23, 2020
  • Premium Real Estate

    Construction has yet to start on joint city/U of M tennis center

    Tiger tennis teams will practice where courts are available while waiting for Leftwich Tennis Center's $19 million renovation and expansion. 

    By Tom Bailey June 21, 2020
  • Real Estate

    Agency makes grants more affordable to South City businesses

    South City businesses and nonprofits now need only to make a 10% match – instead of 25% – to receive up to a $50,000 grant to improve the exterior of their buildings.

    By Tom Bailey June 17, 2020
  • Real Estate

    Developer steps closer to renovation of Edge District’s Glass Factory

    The $2.5 million renovation will prepare space for Memphis Made Brewing along the planned Ravine linear park.

    By Tom Bailey June 17, 2020
  • Real Estate

    Chief judge: Court strives for compassion in pandemic-related eviction cases

    General Sessions Civil Court resumed in-person hearings Monday with nearly 300 eviction cases on the docket for the day. But don’t construe that to mean the court is like some “assembly line or factory,” the chief judge says.

    By Tom Bailey June 16, 2020
  • Real Estate

    Pilgrim, Tiger and Peacock to be part of The Memphian hotel in Overton Square

    Developers of the 106-room boutique hotel have just rolled out some of the branding and concepts for the hotel that already towers over Overton Square.

    By Tom Bailey June 15, 2020
  • Premium Real Estate

    Behavioral health agency wants to build $9M crisis center on Summer Ave.

    Alliance Healthcare Services will seek the City Council's approval to build in Highland Heights a 40,000-square-foot Crisis Assessment Center, where 150 people will work.

    By Tom Bailey June 15, 2020
  • Real Estate

    4 townhouse units approved over Cooper-Young objections

    A developer redesigned a four-unit town house development in response to objections from within Cooper-Young Historic District. The Land Use Control Board approved the plan even though neighbors still argued that four units were too many.

    By Tom Bailey June 15, 2020
  • Real Estate

    Agency may increase grants for South City businesses because of pandemic

    The Downtown Memphis Commission staff recommends that grants for exterior improvements to South City businesses start covering 90% of the costs instead of 75%.

    By Tom Bailey June 11, 2020
  • Premium Real Estate

    Avenida’s plan for active seniors: No food service, no medical care, lots of fun

    The soon-to-open "active adult rentals" development eliminates food and medical services but packs in resort-style amenities and programming. 

    By Tom Bailey June 11, 2020
  • Real Estate

    Building permit sought to renovate historic buildings for restaurant, apartments

    Project plan is to convert upper floors of four, attached buildings into six apartments, and enlarge McEwen's restaurant.

    By Tom Bailey June 09, 2020
  • Real Estate

    City sells former vehicle inspection station

    The newest inspection station at 2355 Appling City Cove had been open only three years before the city closed them all seven years ago.

    By Tom Bailey June 08, 2020
  • Real Estate

    Memphis home sales fall 20% in May

    The pandemic gets the blame for putting a hard brake on home sales in the Memphis area. But the average price for homes continues to rise and the year-to-date sales volume is still ahead of 2019.

    By Tom Bailey June 08, 2020

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