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  • Premium Real Estate

    Goal: Give smallest tax incentives that still spur projects Downtown

    Center City Revenue Finance Corp. board members are to review its policies for giving tax incentives. Possible changes may include syncing incentives to existing growth plans, simplifying the policy, and tightening the amount of incentives without slowing development.

    By Tom Bailey February 15, 2021
  • Real Estate

    MMBCC moving to 200 Jefferson office tower

    The Mid-South Minority Business Council Continuum will move just two blocks from its long-time headquarters at 158 Madison.

    By Tom Bailey August 24, 2021
  • Real Estate

    Renderings unveiled for Nylon Net Building’s replacement

    Developers who plan to raze the historic Nylon Net Building have unveiled renderings for the $52.2 million, mixed-use building that would replace it. 

    By Tom Bailey February 03, 2021
  • Update Downtown

    $56M mixed-use development proposed for Medical District

    The development of 270 apartments, 17,500 square feet of retail and a 411-space parking structure would replace the existing First Horizon and IberiaBank branches on Union, between Cleveland and Claybrook. 

    By Tom Bailey February 04, 2021
  • Real Estate

    Uptown’s Malone Park Commons features an uncommonly social setting

    There’s nothing common about the new residential development that is to open March 1 in Uptown. The first phase features two rows of rental cottages that face each other across a 30-foot-wide courtyard.

    By Tom Bailey February 03, 2021
  • Downtown

    Fan vote will decide what Tiger Tail beer can looks like

    Should the cans of Tiger Tail — the first official beer of the Memphis Tigers — be blue, black or gray? Fans can vote this month in the taproom of Grind City Brewing.

    By Tom Bailey February 02, 2021
  • Real Estate

    Redesigned hotel would rise over Beale’s east end, renderings show

    Plans for a new hotel at the east end of the Beale Street entertainment district show a mostly glass-and-brick building that will house 145 guestrooms. At six stories, the building would tower over the nightclubs and restaurants.

    By Tom Bailey January 29, 2021
  • Real Estate

    Old warehouse may provide parking for Snuff District

    Many of the Snuff District’s office workers and residents may park their vehicles inside what is now a vacant, historic warehouse at 700 N. Front. An added benefit for the mixed-use development: Fewer surface parking lots.

    By Tom Bailey January 27, 2021
  • Downtown

    Facebook group leads to micro-giving community

    The Buy Nothing Midtown/Downtown Facebook group boasted more than 2,000 members as of Jan. 23. It’s one of several in the Memphis area.

    By Christin Yates January 24, 2021
  • Downtown

    DMC takes step to keep Mobility Center on budget, on time

    The Downtown Memphis Commission has hired a search committee consultant to help meet its goal of identifying by Feb. 25 the final candidate for the CEO/president position.

    By Tom Bailey January 22, 2021
  • 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

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