Construction is to start next week on the $1 million Phase I. The sunken, two-block-long former rail spur will become a space for gathering, entertainment, dining, playing and shopping in the Edge District.

50 North Front has invested more than $5 million in the multi-tenant, 336,483-square-foot office tower at 50 N. Front St. since purchasing it in 2015. 

Developers cite the economic effects of the pandemic in seeking different and new tax incentives. The first phase of the development is estimated to cost $741 million.

The proposed senior living facility would be on 14 acres and would not affect golf at Windyke Country Club.

The $30 million project would renovate and convert a 120-year-old warehouse at Front and Vance, create 165 apartment units, 10,000 square feet of commercial space, and 100 parking spaces.

The latest proposal more tightly controls traffic flow and aspires to blend better with Broad's old buildings. But the opposition leader says the development would still be an unwanted gas station.

JCAP common stockholders will receive $17.30 per share in cash, according to the agreement.

Among the terms of the grant, applicants must make a “best faith effort” to reach out to minority- and women-owned business enterprises (MWBEs) for consulting/contracting opportunities.

Changes to the bonding formula for new projects in Bartlett should result in savings for developers.

A South Carolina real estate investment firm just bought the Southwind area's 817,000-square-foot warehouse that had been used for decades by Nike.

Owners have spent nearly $11 million building Grind City Brewery Co. near Uptown. They are frustrated that the taproom's opening has been delayed for months while they wait for MLGW to move a power pole from the middle of the access drive. 

The proposed "Pre-Development Assistance Grant" would provide up to $5,000 for such costs as marketing studies, architecture, engineering and environmental assessments. 

Rooziman and Nighat Shah have just bought 45 acres at Hacks Cross and Shelby Drive, with plans to build a convenience store/gas station as well as a 16,000-square-foot shopping center on the corner. They own more than 100 C-stores in and around the Memphis area.

The current plan for the adaptive reuse of the Nylon Net Building is to build 199 apartments and a two-level parking structure with 230 spaces.

The e-commerce giant will now operate more than 4 million square feet of facilities in the Memphis area.

Opponents' reasons can be grouped into about 10 categories, from traffic congestion to environmental concerns over underground gas tanks. Still, the Office of Planning Development has recommended the C-store be approved because the area around it has become more commercial. But now the case may be delayed until late August.

Strong industrial real estate activity happened in the Memphis market during April, May and June, in part because of the pandemic, not despite it. 

A two-story commercial building at the seam of Central Gardens and the Medical District will soon become 18 units of luxury apartments.

Yet another seafood boil restaurant is coming to Memphis. The Hook & Reel will breathe new life into a building where an O'Charley's Restaurant closed recently.

Chick-fil-A's unusually short but expensive move seems to affirm the Wolfchase shopping district has still got 'it': The power to draw customers from far and wide.

The number of houses for sale in the Memphis area has dropped by a third over the past year.

After the City Council sent the cases back, the Land Use Control Board for a second time approved two development proposals over the stiff opposition of neighbors.

Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.

Building permit applications have been filed for a $35 million senior living facility in southeast Memphis and a $50 million warehouse near the airport.

The applicant proposing The Stratford event center plans several measures to prevent the commercial activity from affecting residences nearby.