$25M building permit filed for Memphis warehouse
Patterson Warehouses received a six-year, payment-in-lieu-of-taxes (PILOT) incentive in July from the Economic Development Growth Engine for Memphis and Shelby County.
Patterson Warehouses received a six-year, payment-in-lieu-of-taxes (PILOT) incentive in July from the Economic Development Growth Engine for Memphis and Shelby County.
The city has approved two development teams to work together on a plan for the undeveloped Crosstown Mound. The preliminary plan so far includes 80-100 residences, a public park and a building of shared office spaces.
The tax advantages of the new Opportunity Zone program motivate investors to stay involved in new developments for the long-term, which help make struggling areas thrive, HUD Secretary Ben Carson says.
The new Stockley subdivision in East Memphis offers a relatively rare number – 21 – of lots for luxury homes that will cost $600,000 to $800,000.
The University Park Flats project will convert a vacant, blighted office building in an economically distressed stretch of Park Avenue into apartments and a coffee shop.
A private company has paid all back city and county property taxes on the main parcel of the Firestone Tire & Rubber Co. plant in North Memphis, indicating some possible movement toward new development on the long-dormant site.
Hero & Sage salon opens in Crosstown Concourse as a result of one of those conversations that occurs while the stylist cuts a client's hair.
Construction will start soon on a BP gas station/convenience store on the now-vacant northeast corner of Poplar and Holmes. And next door, the Century Building will soon be demolished to make room for Woodie's Wash Shack car wash.
The Clothier family has paid $6.1 million for the two-story, 37,000-square-foot office building at 1900 Exeter, in the heart of Germantown. It will be headquarters for their company, Memphis Invest, soon to be called REI Nation.
Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant.
The 13-year-old Loeb Realty Group will soon cease to exist as its brokers, Frank Dyer III and Barry Maynard, switch over to Gill Properties.
The long-vacant, long-ignored Barksdale Mounted Police Station still has jail cell bars, horse stable windows and the name of Tennessee’s most infamous politician etched into the ornate front wall. A renovation will soon breathe new life into the city's first “suburban” police station.
Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.
In Part Two of our series: How the Great Recession nearly flattened J. Kevin Adams before he rebounded to assemble possibly his greatest project yet.
The Three 'R's of Union Row: In an extra to our Special Report, learn the reading, 'riting and 'rithmatic behind Memphis' largest mixed-use development.
In Part One of our two-part series: How developers lassoed huge public incentives and millions of out-of-state dollars to redo the face of Downtown.
Mississippi-based Renasant Bank is seeking a tax incentive for plans to build a new headquarters to serve its Memphis market. The $15.8 million development is to rise at 5575 Poplar, where the now-empty Executive Square office buildings stand.
eXp Realty has no building of its own in Memphis, uses the internet for training and management, and awards agents company stock with each sale and recruitment of other agents.
A developer plans to renovate and convert a historic industrial building in Uptown into an event space for 300 to 400 people.
Developers are seeking tax incentives Tuesday, Sept. 10, on adaptive reuse projects at 82-88 South Main at Union, 99-105 South Front in Cotton Row district, and 345 South Main.
A developer wants to build a five-story Residence Inn by Marriott with 98 guestrooms and structured parking.
Projects in Whitehaven and South Memphis are seeking forgivable Inner City Economic Development (ICED) loans from EDGE.
Plans for three proposed fulfillment centers -- in Memphis, Mt. Juliet, Tenn., and Prince George's County, Md. -- are strikingly similar. And Amazon has linked itself to the Maryland proposal.
A permit application shows that Chick-fil-A plans to erect a $1 million building on a site that is twice as large and much more visible than its existing restaurant nearby.
A ground-breaking ceremony on Tuesday morning celebrated the first, $150 million phases of One Beale. Work already has started to erect the Hyatt Centric hotel and Landing Residences at One Beale apartments.