April home sales drop (only) 15%
Yes, the pandemic pushed home sales down substantially. But the agents still completed 1,456 transactions under trying conditions. And this weekend, look for the return of open houses.
Yes, the pandemic pushed home sales down substantially. But the agents still completed 1,456 transactions under trying conditions. And this weekend, look for the return of open houses.
Just 33 years old, twins Ron and Don Parks of Union City will soon start building their fifth dealership of farm and lawn equipment, and their first in the Memphis market.
MAA reported revenues and expenses ticked up slightly, while the COVID-19 pandemic started to affect the multifamily rental business as the first quarter closed.
Developers of the upscale, senior-living development in East Memphis are dropping plans for underground parking and instead want to build a surface parking lot, eliminating 10 cottages but speeding up construction.
The owners of the old Econo Lodge near Union and Interstate 240 want to raze it and build a dual-branded hotel: Townplace Suites and Fairfield Inn & Suites.
LPI Memphis, the owner of Overton Square, plans to build a three-story, 18-unit apartment building in the entertainment and dining district.
The YMCA of Memphis & the Midsouth confirmed Saturday that it bought and will use as its resource center a 55,888-square-foot office building in Cordova's Goodlett Farms office park.
A building permit application filed this week is part of a $20 million project to enlarge and upgrade St. Clair Foods, which makes potato salad and many other refrigerated or frozen side dishes and has an expanded deal with Sam's Club stores.
The new online convenience is part of a new approach, called "Develop901," to make it easier to proceed through the planning, construction and development process.
The by-appointment-only bridal boutique shop started in Cooper-Young, moved to East Memphis, and now moves to the South Main District.
A Step Ahead Foundation is already preparing its office for when employees return. A construction crew this week is installing clear-plastic barriers between open desks, and that material is in high demand.
The kitchen table might function fine as a home office for a few hours, but eight hours a day for weeks at a time? Some Memphis architects share their experiences with their own home offices during the pandemic, and what they believe makes a home office work well.
Neither Starbucks nor the developer has confirmed it, but a building permit document suggests that Raleigh may soon have its own Starbucks coffee shop.
Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).
Despite the beginnings of what will likely be a pandemic-caused recession, the industrial vacancy rate for the first three months in the Memphis area was 6.5%. That is below the five-year average of 7.8%.
The owner of a Whitehaven tire and repair shop is searching for a way to store and protect his inventory from theft in a way that does not violate zoning.
The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses.
The site is where the Grimes Memorial United Methodist Church building was closed and demolished last year.
The real estate industry is deemed an essential business and is still operating during the pandemic. But agents are taking such safety precautions as hosting live, virtual open houses and arranging drive-by closings.
Will demand for space in office buildings go up or down as a result of COVID-19? How does a company balance teamwork and social distancing in designing its floor plan? We picked the brains of several leaders in the world of Memphis office buildings.
Applications were filed this week to build two different kinds of apartment developments, one for the working poor and the other for tenants who will have good views of Overton Park.
Acting with a sense of urgency, the Center City Development Corp. board approved the first forgivable loans for eight Downtown businesses that have been disrupted by COVID-19.
A supply chain company and a countertop fabricator are seeking tax incentives from the Economic Development Growth Engine Wednesday, April 15.
A trucking firm's co-owner realized his new business was no longer an experiment when employees started feeling secure enough to buy bigger and better houses. That's when RDX started looking for a place to build a bigger headquarters.