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  • Real Estate

    Agency supports, praises 3 adaptive-reuse Edge projects

    The Center City Development Corp. approved $80,000 exterior-improvement grants to help developers revive three vacant buildings scattered in the Edge District, gave support to a renovation at a key intersection in the South City neighborhood, created a new grant program, and forgave a batch of existing loans.

    By Tom Bailey January 20, 2021
  • Real Estate

    3 renovations, 1 gelato shop coming to Edge District

    A development team has purchased three Edge District buildings, plans to renovate them, and already has signed a lease with Sweet Magnolia Gelato Co. to open a shop in one of them. 

    By Tom Bailey January 18, 2021
  • Real Estate

    Suburban developments pivot to housing; CBU expansion approved

    The Land Use Control Board approved two unsurprising changes for a couple of big, suburban planned developments. Out, or diminished, is brick-and-mortar retail from the projects.

    By Tom Bailey January 14, 2021
  • Real Estate

    Another historic Pinch building threatened, this time by fire

    A fire early Saturday morning heavily damaged a 120-year-old building in the historic Pinch District.

    By Tom Bailey January 13, 2021
  • Transportation & Logistics

    Cobblestone landing bids under review by city

    The City of Memphis is evaluating bids ranging from $9.4 million to $10.1 million for restoration of and other improvements to the historic Memphis cobblestone landing.

    By Wayne Risher December 31, 2020
  • Real Estate

    Poetic justice: Rogue road sign finds legal home outside Metal Museum

    Now, the refinery and steelworkers of Presidents Island as well as Metal Museum visitors will be asked: “When you were still young, Did you ever dream about, Being who you are.”

    By Tom Bailey December 23, 2020
  • Real Estate

    Carlisle: Hyatt Centric to offer ‘unparalleled’ river views despite taller Grand Hyatt

    Hyatt Centric’s hotel guests and patrons of its rooftop bar and riverfront restaurant will have river views despite plans to erect a taller Grand Hyatt next door.

    By Tom Bailey December 22, 2020
  • Real Estate

    Grants to help Alcenia’s owner buy, improve her Downtown building

    The owner of Alcenia’s restaurant is receiving help from multiple organizations to buy and improve her Pinch District building. And the owner of a historic Film Row building receives help to renovate the exterior of the Art Moderne structure.

    By Tom Bailey December 16, 2020
  • Real Estate

    Last call at Earnestine & Hazel’s: Offers due by Jan. 15

    States the marketing brochure: “Owner reserves the right to accept all cash full price offers on a first come first serve basis.”

    By Tom Bailey December 15, 2020
  • Real Estate

    Downtown board approves public support for One Beale’s Grand Hyatt

    The Center City Revenue Finance Corp. voted unanimously in support of $129.5 million worth of public incentives for One Beale’s fourth phase, plus a 5 percent tax surcharge on One Beale customers that is projected to generate another $139 million over 30 years.

    By Tom Bailey December 09, 2020
  • Update Downtown

    AutoZone beats Wall Street projections with double-digit sales, earnings growth

    AutoZone has about 100,000 employees including about 2,500 in the Memphis area.

    By Wayne Risher December 08, 2020
  • Food News

    Slim & Husky’s to open on Union Avenue

    The Nashville-based pizza chain that serves Black culture, art and community as well as pizza expands into Memphis on Dec. 16 when a Slim & Husky’s opens at 634 Union.

    By Tom Bailey December 07, 2020
  • Real Estate

    New plans for One Beale aim for ‘skyline-altering’

    First, Chance Carlisle dropped his plan for an office tower at One Beale. More recently, he scrapped his plan for a tower that would have housed 150 hotel rooms and 240 apartments and condos. Now, he plans to build a 350-room Grand Hyatt hotel that would double as an extraordinary landmark for Beale Street.

    By Tom Bailey December 01, 2020
  • Real Estate

    COVID takes bite out of Downtown tourism fund

    Four months of the COVID-19 pandemic carved $4.2 million out of annual income from the Downtown Memphis Tourism Development Zone. 

    By Wayne Risher November 30, 2020
  • Downtown

    Local retailers optimistic about holiday shopping season

    The NFR expects online and other non-store sales will increase 20% to 30% to between $205.5 billion and $218.4 billion, up from $168.7 billion in 2019.

    By Christin Yates November 26, 2020
  • Premium Real Estate

    Carlisle stands firm on decision to raze historic Nylon Net Building

    Chance Carlisle, owner of the Nylon Net Building, says that extensive study by his architectural and engineering consultants make him confident that razing the historic building and erecting new apartments is the right decision to make. 

    By Tom Bailey November 18, 2020
  • Premium Real Estate

    Convention center project almost ready to turn lights on

    The nearly $200 million modernization of the Renasant Convention Center is winding down. A lighting ceremony is scheduled for 6 p.m. Tuesday, Nov. 17, to mark the occasion.

    By Wayne Risher November 17, 2020
  • Visual Arts

    Metal Museum confident it can raise $13M more for Rust Hall work

    Museum’s leadership expresses confidence it can a meet a proposed city deadline: Within two years, add $13 million to the $12 million it has already raised to make Overton Park its new, expanded headquarters. 

    By Tom Bailey November 16, 2020
  • Spirit of Memphis

    Why glamping, Topgolf and an aquarium never made it to Mud Island

    With millions of dollars of work needed at Mud Island, what happened with all the other ideas for some of Memphis’ most valuable property? 

    By Wayne Risher November 13, 2020
  • Downtown

    Downtown’s $62M ‘mobility’ plan moves forward

    Despite a few questions, the Center City Revenue Finance Corp. board voted unanimously to fund a $62 million plan to improve parking, walking and cycling Downtown. The City Council and County Commission still must approve the project.

    By Tom Bailey November 10, 2020
  • Real Estate

    Carlisle buys Nylon Net Building

    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?

    By Tom Bailey November 04, 2020
  • Downtown

    Ritchie Smith honored for design work on Big River Crossing

    Jurors cited landscape architect Ritchie Smith’s work on Big River Crossing for making a notable contribution to infrastructure design and creating an outdoor space that’s accessible to all.

    By Wayne Risher November 02, 2020
  • Real Estate

    Downtown Commission’s Oswalt leaving Memphis to guide Haslam family fortune

    Architect and urban planning consultant Ray Brown will serve as Downtown Memphis Commission’s interim president for up to six months starting Jan. 1.

    By Tom Bailey November 02, 2020
  • Premium Real Estate

    Mud Island: Big ideas come with the territory

    Some Memphians regard Mud Island’s walkable Mississippi River model and museum as sacred, while others say nothing should be off the table as city leaders look to the future.

    By Wayne Risher December 10, 2020
  • Transportation & Logistics

    On-demand ride service coming to Downtown, Medical District, New Chicago

    A 7.5-square-mile area will be served by a fleet of passenger vans that fill the big gap between fixed-route buses and the personal, more expensive rides from taxis and Uber.

    By Tom Bailey October 29, 2020

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