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Found this interesting from an article talking about the future management of Beale Street. It talks about the Tri State Bank site at Beale/Main-- which has been discussed as a possible Hard Rock Hotel but nothing confirmed. This mentions talk of an Embassy Suites on the site, not sure if anyone else has seen anything about that and I may have missed it? It also talks about re-developing the parking lot to the West towards the river to expand Beale.
Who can make Beale Street sing even louder? Ted Evanoff/Commercial Appeal. 5/6/17 http://www.commercialappeal.com/stor...der/101302254/ "Belz, a prominent Memphis developer, recently bought 180 Beale, an important corner fronting Main one block west of the historic district. While talk has surfaced about possibly building an Embassy Suites or other hotel on the site, Belz has not disclosed plans for the property, which was Tri-State Bank’s headquarters. The bank recently moved its head office to 1407 Union and spent $1 million expanding its Whitehaven branch." |
From what I can tell you, there have been some on-again, off-again plans to put an Embassy Suites hotel somewhere downtown over the last couple of decades. One of the first proposals I can remember would've replaced the surface parking lot across from Peabody Place on Second Street with a 10-12 story structure (including a garage), and a similar proposal was pitched for another surface lot right next to the Raymond James Tower at one point. Neither plan ever came into fruition.
Whatever becomes of these latest rumors is anyone's guess, though many would like to see the current Hard Rock Cafe be integrated into those plans. |
Why Drake & Justin Timberlake Love Memphis: Inside Its Bold New Renaissance
Just came across this article. Seems that opinions on the city are changing. Especially from the period from '08 to '10 where it seemed nothing good was happening and we were on all those terrible lists. http://www.billboard.com/articles/ne...tel-food-drink |
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Anything positive in the Arkansas Delta benefits Memphis, even the Airport will see a few more passengers.
http://talkbusiness.net/2017/05/chin...p-to-800-jobs/ |
Thoughts ? Now I can see the effect of this working for the Midtown market definitely.
Measure passed that Mayor says will help Memphis become next 'It City' http://www.bizjournals.com/memphis/n...p-memphis.html "The policy will help EDGE fight to help grow the city's population alongside its normal goal of creating jobs, Strickland said, and will hopefully have an "immediate" effect on the Midtown skyline." |
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Hope so, Midtown is booming with retail, restaurants, etc now. Not many options for newer apartments or anything. I'd assume they'd fill up with no problem. |
Ted Evanoff: Making Movies in Memphis/ Commercial Appeal/ 5-20-17
http://www.commercialappeal.com/stor...irm/313064001/ |
Long-Awaited Demolition at Foote Homes Begins
By Bill Dries/ Memphis Daily News Quote:
(Daily News/Houston Cofield) https://www.memphisdailynews.com/Edi...&maxHeight=600 |
It's been really quiet around here. Hopefully things pick up soon.
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Neighborhood Docs to expand healthcare coverage in Lamar Avenue corridor
Michael Waddell | High Ground News Quote:
rendering Self+Tucker Architects http://www.highgroundnews.com/galler..._988x488_1.jpg |
TraVure developers plan East Memphis office project with Martins
Jacob Steimer, Reporter/ Memphis Business Journal Quote:
image The Reaves Firm https://media.bizj.us/view/img/10482...-111804-am.png |
Methodist Stays Busy With Wave of Construction Projects
By Andy Meek/ Memphis Daily News Quote:
(Photo courtesy of Methodist Healthcare) https://www.memphisdailynews.com/Edi...&maxHeight=600 |
ServiceMaster Almost Ready for First Employees to Occupy Downtown HQ
By K. DENISE JENNINGS/ Memphis Daily News Quote:
photo (K. Denise Jennings) https://www.memphisdailynews.com/Edi...&maxHeight=600 |
Hernando Desoto Bridge getting new LED lights, will able to change colors like the Harahan.
"M" Bridge May Get New Lights Soon Toby Sells/Memphis Flyer/ Fri, Jun 2, 2017 at 2:10 PM https://www.memphisflyer.com/NewsBlo...ew-lights-soon |
FedEx St. Jude Classic celebrates 60 years
Meagan Nichols, Lead Reporter/ Memphis Business Journal Quote:
photo Meagan Nichols | MBJ https://media.bizj.us/view/img/10487...-shadyac-2.jpg photo Meagan Nichols | MBJ |
Tennessee Brewery Developers Seeking Tax Incentives for Second Phase
By Patrick Lantrip/ Memphis Daily News Quote:
https://www.memphisdailynews.com/Edi...&maxHeight=600 |
Brewery announces opening date in Cordova
Elle Perry, Digital Producer/ Memphis Business Journal Quote:
http://media.bizj.us/view/img/101725...esome-brew.jpg |
Southern College of Optometry parking lot could become residential development
Elle Perry, Digital Producer/ Memphis Business Journal http://www.bizjournals.com/memphis/n...lot-could.html |
More good news for the Downtown office market, another corporate hq moving into One Commerce Square.
https://www.memphisdailynews.com/new...mmerce-square/ |
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