Downtown condos in short supply

By Published: April 26, 2019 5:19 PM CT
<strong>Realtor Mike Parker (right) looks for needed repairs with contractor Phillip Qualls at a penthouse property going on the market at The Artesian. Memphis has reached a point where condo properties are scarce, but it’s becoming too expensive to build more.</strong> (Jim Weber/Daily Memphian)

Realtor Mike Parker (right) looks for needed repairs with contractor Phillip Qualls at a penthouse property going on the market at The Artesian. Memphis has reached a point where condo properties are scarce, but it’s becoming too expensive to build more. (Jim Weber/Daily Memphian)

Developers haven't been building more Downtown condos, so supplies are low and prices are rising. 

Topics

Commercial Real Estate condominiums Downtown Memphis

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.


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