Rael Development Corp. doubles down on University Of Memphis luxury apartments with possibly more in the pipeline.
California firm planning new University of Memphis apartments Memphis Biz Journal Quote:
I found this full color rendering of the current building under construction on the MM website. The MBJ article seems to imply that it will look similar as a "variation of the Gather brand". www.montgomerymartin.com http://www.montgomerymartin.com/proj...ing1-large.jpg |
^ Nice find! I was worried what this was going to look like, but I've been pleasantly surprised. I'm sure this new building will look just as modern. Hopefully Rael will start more projects in Memphis (as he hinted at).
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They're actually planning to clear out a lot of the older rental houses in the area (which no one is upset about), but they are also planning on removing a 100 year old oak tree for additional parking which some are upset about (there's a petition online for that). I personally think they should leave the tree alone (removing it might add 5-7 parking spots if that many). At 100 years old that tree should in theory still be pretty healthy.
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This is a bit off the wall, but do you guys think downtown will see any highrises in the next 10 years? Since it seems the real estate market is slowly picking back up, I'd love to see One Beale or another highrise add some modern variety to the skyline. Several of you seem to be in the know regarding these things. |
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What's really hurting us here in Memphis is the fact that there's so many office parks and office space along Poplar and 385 out east. While I would like to see a residential tower downtown, we have quite a few of two to three story developments underway in South Main, which will bring a lot of new residents to downtown. It might take a while, but with downtown growing at a strong rate and South Main turning into a very lively neighborhood, a tower or two will fill in somewhere. Before the recession, we had OneBeale, The Vue on Main, and Trinity Tower...while the real estate market was a little better then, I think that any proposal similar to those three with apartments instead of condos would be pretty successful. |
I first read about this in a thread at memphistigers.org that was about the new dorms replacing Richardson. It's the same folks that are proposing this in Fayetteville
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I can't tell from Google Maps where this is going to go, but nonetheless it looks very nice:
Details emerge on redevelopment of Printer’s Alley http://i40.tinypic.com/316x921.jpg Quote:
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Baptist Begins Construction on $14.1 Million Pediatric ER
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Sears Crosstown project meets the neighbors
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Huge Sears Crosstown development heads to City Hall
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Photo by Todd Richardson/ Credit: Hood Landscape Design and LRK/Dialog http://media.commercialappeal.com/me...48462_t607.JPG |
It's good to see Crosstown making strides.
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Going back to the latest Rael project announced at Southern and Brister, rode by there last weekend and there was already some prep work being done before the land deal was announced.
With the one already under construction at Southern and Patterson, I noticed for the first time how large the project was from the rear of the property. Should have taken some pictures (oops). Was riding around with a friend who works with the UDistrict neighborhood corp. and he was pointing out some smaller projects on side streets that had been done, and explained how the overlay in the area designated some streets for higher density developments. Overall, I was pretty impressed. Also, oppose that McDonalds at Highland/Southern. City Council hears the proposal on October 15th. |
post 1968 photo reminds me a great deal of the relatively new 6 story clinical building in the downtown medical center, there are photos posted by johnny ryall in this thread. they show the building, which is a bit more wide, but, still, very similar in style, materials, etc. i think the 30/30 pitch and the dunbar elements make for an interesting roof line, and i would love to see this carried into a residential building of 20-22 stories. french-normandy would be nice, imo.
70' ft high will give many a thrill. that isn't really that far away from a true midrise building. these flyovers can be rather fun or somewhat terrifying. i always feel as if i am taking off the runway, as i go over the flyover at 40/240. just imagine the 4 stack. it might even become another memphis attraction, as it seems the entire nation has begun to fall in love w/ our lady "M". ark, check the tdot site for future updates on the widening project. the commissioner's deputy addressed this proposal about 8 or 9 months ago, i think. i like the blue lights and the sense of what is above that it causes. the red: not so much. generally, i don't care to try and read signs in blue; however, i think is is soothing on the pyramid, as it defines the structure, somewhat. ark, as for the modern ? story building, i would think that the 12 story drawing by archimania would work well in this spot. i really like the sleekness of that design. as for highrises, the medical center's master plan expects a residential highrise to be built on adams w/in the next 2 or 3 years. also, they say that investors have already located ground for midrise condos, which will be marketed to target staff, who work at the medical center, e.g. researchers, dr.'s, techonologists. apparently, the finishing of the translational building will begin a concerted effort to get staff in to the center, and close to housing, restaurants, and retail services. the towers will also bring more staff, who will want to live w/in walking distance of their work. it seems that a great deal is going on, and i think many are excited for the city, the county, and the metro in general. go M-town! |
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