Carlisle buys Nylon Net Building

By , Daily Memphian Updated: November 04, 2020 1:14 PM CT | Published: November 02, 2020 6:47 PM CT
<strong>Carlisle LLC wants to demolish the entire Nylon Net Building and erect 229 apartment units. The developer, which&nbsp;on Monday, Nov. 2, purchased the historic building for $3.15 million, says it is too unstable and too expensive for an adaptive reuse.</strong> (Daily Memphian file)

Carlisle LLC wants to demolish the entire Nylon Net Building and erect 229 apartment units. The developer, which on Monday, Nov. 2, purchased the historic building for $3.15 million, says it is too unstable and too expensive for an adaptive reuse. (Daily Memphian file)

The developer of One Beale and the Chisca on Nov. 2 paid $3.15 million for the vacant, historic warehouse at 7 Vance. Carlisle Corp. plans to build apartments there. But does the developer still plan to raze the whole building, or revert to its first plan to preserve the most historic part?

Topics

Nylon Net Building historic preservation Carlisle Corp. South Main
Tom Bailey

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