In the shadow of the Sterick, Memphis Public Market reviving long-vacant Downtown corner
A rendering shows the Memphis Public Market at the corner of Madison Avenue and South B.B. King Boulevard. (Courtesy HiFi Memphis)
The developer behind the restoration of the historic Sterick Building plans to turn a quiet Downtown corner into a bustling public market that could serve as a catalyst for neighborhood growth and strengthen the food economy.
The newly formed nonprofit HiFi Memphis, operating as Memphis Public Market, bought two buildings with a total of 93,577 square feet at 158 Madison Ave. and 164 Madison Ave. for $1 million.
“Acquiring these two buildings is a big step forward for our vision of building a more vibrant and connected Downtown,” said Stuart Harris, principal with Constellation Properties and a HiFi Memphis board member.
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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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