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Real Estate

  • Real Estate
  • Financial Services
  • Health Care
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  • Movers and Shakers
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  • Real Estate

    Carlisle: Hyatt Centric to offer ‘unparalleled’ river views despite taller Grand Hyatt

    Hyatt Centric’s hotel guests and patrons of its rooftop bar and riverfront restaurant will have river views despite plans to erect a taller Grand Hyatt next door.

    By Tom Bailey December 22, 2020
  • Real Estate

    Logistics facility sells as Memphis industrial spec construction heats up

    Completed in 2019 at 6200 Global as the city’s first spec warehouse in 11 years, the 421,000-square-foot, Class A facility quickly landed a tenant and has just sold for a second time. And, several other speculative logistics centers in Memphis are in the pipeline.

    By Tom Bailey December 21, 2020
  • Spirit of Memphis

    Century-old Glenview historic district is being reborn, one house at a time

    Homes in the neighborhood have fallen into disrepair, but renovations and new construction are giving the Glenview community new life.

    By Linda A. Moore January 08, 2021
  • Spirit of Memphis

    Ashley, Peyton Manning make ‘lead gift’ to Overton Park golf course renovation

    The amount of the Mannings’ donation to the Overton Park golf course renovation was not revealed, but the contribution brings the amount raised so far to $1.7 million of the $2.5 million fundraising goal.

    By Tom Bailey December 19, 2020
  • Real Estate

    Faropoint sells 28 Memphis industrial buildings for $86 million

    The industrial real estate firm Faropoint had acquired in 2016 five of the buildings it just sold, and bought the other 23 buildings in 2018. Faropoint still owns a substantial amount of industrial space in Memphis.

    By Tom Bailey December 17, 2020
  • Real Estate

    Zoning variances approved for homeless service, extended for Railgarten

    The Board of Adjustment approved zoning variances for both a service to the homeless and for the Railgarten entertainment venue. But the board imposed two-year sunset clauses on both approvals.

    By Tom Bailey December 16, 2020
  • Real Estate

    EDGE approves tax incentive to lure dental company

    If Crown World decides to come to Memphis, it would buy and renovate an empty, airport-area office building, invest $2.7 million in the property, and hire 25 people.

    By Tom Bailey December 16, 2020
  • Real Estate

    Grants to help Alcenia’s owner buy, improve her Downtown building

    The owner of Alcenia’s restaurant is receiving help from multiple organizations to buy and improve her Pinch District building. And the owner of a historic Film Row building receives help to renovate the exterior of the Art Moderne structure.

    By Tom Bailey December 16, 2020
  • Premium Real Estate

    Hue and cry? Bold colors, painted brick stir debate over apartment renovations

    A colorful debate is being waged over the striking designs in the renovations of two old, East Memphis apartment communities.

    By Tom Bailey December 16, 2020
  • Real Estate

    Last call at Earnestine & Hazel’s: Offers due by Jan. 15

    States the marketing brochure: “Owner reserves the right to accept all cash full price offers on a first come first serve basis.”

    By Tom Bailey December 15, 2020
  • Real Estate

    Parking-lot prayers: Brothers’ love transcends a COVID death

    They were about as close as brothers can be, having been forced to share a bed or bedroom through childhood. COVID-19 took the life of Donnell Cobbins on Friday, Dec. 11. And Darrell Cobbins now knows the meaning of a stranger’s message to both of them when they were teenagers.

    By Tom Bailey December 13, 2020
  • Real Estate

    Dental lab may open near airport

    Executives with a dental products company say they would open a dental lab near the airport if their company receives a tax incentive.

    By Tom Bailey December 12, 2020
  • Real Estate

    Ghost kitchens coming to Summer Avenue

    California-based CloudKitchens has purchased a vacant, former auto parts building in a distressed part of Summer Avenue. The 11,000 square feet could house dozens of small, commercial kitchens for the pandemic-fueled industry of meal delivery.

    By Tom Bailey December 12, 2020
  • Real Estate

    Exception approved for small-lot subdivision in Cooper-Young

    A planned, Cooper-Young subdivision of 11 lots on just 1.2 acres won approval from the Land Use Control Board after the developer made substantial changes to make the site connect better with with the neighborhood.

    By Tom Bailey December 10, 2020
  • Real Estate

    Planning board supports Central Yards project

    The 5.5-acre, $60 million mixed-use proposal for the north edge of Cooper-Young will next be reviewed by the City Council.

    By Tom Bailey December 10, 2020
  • Real Estate

    Lakeland developers and builders enjoy strong year for new homes

    Residential development in Lakeland is at a premium, leading to a high demand for new houses in a tight market.

    By Michael Waddell December 10, 2020
  • Real Estate

    High-flying developer Rusty Hyneman lived large

    A large, colorful and sometimes controversial life has died with the passing of developer William R. “Rusty” Hyneman. He owned and flew personal jets, drove exotic cars and lived in mansions. His early developments, for some, symbolized the excesses of suburban sprawl. But friends and family remember his quiet generosity and indomitable spirit.

    By Tom Bailey December 11, 2020
  • Real Estate

    Prices rise, sales increase for Memphis-area homes

    The average price of a house sold in Shelby, Fayette and Tipton counties during November was $217,080, up 10.7% from a year earlier. But the number of houses for sale continues to shrink.

    By Tom Bailey December 08, 2020
  • Real Estate

    Church buys building housing Wellford’s Antiques, Joe’s Fried Chicken

    Among the 14 newest applications submitted to the planning board are ones to accommodate a short move by Third Church of Christ, Scientist, to allow construction of a Shelby County fire station, and to double the size of a Downtown condo development.

    By Tom Bailey December 09, 2020
  • Real Estate

    Downtown board approves public support for One Beale’s Grand Hyatt

    The Center City Revenue Finance Corp. voted unanimously in support of $129.5 million worth of public incentives for One Beale’s fourth phase, plus a 5 percent tax surcharge on One Beale customers that is projected to generate another $139 million over 30 years.

    By Tom Bailey December 09, 2020
  • Real Estate

    Olymbec USA donates warehouse space for Angel Tree program

    Olymbec is a Canadian company, but Memphis is headquarters for its operations in the U.S.

    By Tom Bailey December 08, 2020
  • Real Estate

    Developer changes proposal for East Memphis office space

    The developers who have been wanting to build office space on undeveloped land in East Memphis have returned to the planning board with a new proposal.

    By Tom Bailey December 08, 2020
  • Update Real Estate

    Approval sought for ‘CBU North Campus’ planned development

    Christian Brothers University seeks approval for a 7.2-acre planned development it labels as its “North Campus.” The area is just southwest of South Hollywood and Avery.

    By Tom Bailey, Jane Roberts December 08, 2020
  • Real Estate

    275-unit, $32M apartment complex proposed for Tenn. 385/Forest Hill Irene

    The Greens at Irene Woods would transform undeveloped property across Forest Hill Irene Road from the Mike Rose Soccer Complex.

    By Tom Bailey December 07, 2020
  • Real Estate

    Slim & Husky’s to open on Union Avenue

    The Nashville-based pizza chain that serves Black culture, art and community as well as pizza expands into Memphis on Dec. 16 when a Slim & Husky’s opens at 634 Union.

    By Tom Bailey December 07, 2020

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