Memphis investors buy Central Station hotel with plans to reinvigorate South Main landmark
A group of Memphis investors have bought the Central Station Hotel. (Mark Weber/The Daily Memphian file)
A group of Memphis investors has bought the Central Station Hotel, aiming to inject new life into the historic Downtown property.
Staley Cates, Bill Rhodes, Henry Turley, Kevin McEniry and other unnamed investors bought the hotel at 545 S. Main St. for $16.5 million.
They are partnering with Charleston, South Carolina-based Indigo Road Hospitality Group on new branding, a neighborhood coffee bar, a revitalized lounge, a private club and a new restaurant, Oak Steakhouse.
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Central Station Hotel Staley Cates Bill Rhodes Kevin McEniry Indigo Road Hospitality Group Henry Turley Co. Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
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Andy Ashby
Andy Ashby covers commercial real estate and economic development. He has worked locally at the Germantown News, the DeSoto County Tribune, the Daily News and the Memphis Business Journal. He graduated from the University of Tennessee, where he photographed the 1998 National Championship game. Email tips or story ideas to aashby@dailymemphian.com
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