MEMPHIS | Development News - Page 259

Cateesss · #**5161** Posted **Oct 7, 2019, 2:13 PM**

Quote:

Originally Posted by TheKernel91

There's too much opportunity at the Washington Bottoms site.
I'll give it 6 months before something is proposed again.

So far downtown...

A crane at St. Jude (more soon)
A crane at One Beale.
A crane at the Clipper site. No dirt has moved, but there's one sitting there.
Convention center may get a crane with its next phase starting.
Union row starting demolition here in a month or two.
Wiseacre Brewery in construction mode.
South city construction on the 2nd phase
Some apartments near the Civil Rights museum are being constructed
Fedex Logistics HQ at old Gibson Factory

I'm sure I'm missing a few. Not including minor projects. These are what I notice driving downtown every other day.

Crane is also up for the new Southland Casino Hotel tower in West Memphis

Johnny Ryall · #**5162** Posted **Oct 7, 2019, 4:25 PM**

Competing developers now teaming on Crosstown Mound
By Tom Bailey/ The Daily Memphian

Quote:

Kircher said the collaboration’s preliminary plan is 90% worked out, and will have 80 to 100 residential units. Most will be single-family, owner-occupied homes, but a few apartment buildings will have up to eight units. The plan includes a building for shared office uses.

Story - https://dailymemphian.com/section/bu...elopers-now-te

photo (Jim Weber/Daily Memphian)

photo (Jim Weber/Daily Memphian)

Story - https://dailymemphian.com/section/bu...elopers-now-te

image (Courtesy: Crosstown Concourse)

image (Courtesy: Crosstown Concourse)

Story - https://dailymemphian.com/section/bu...elopers-now-te

Johnny Ryall · #**5163** Posted **Oct 7, 2019, 4:38 PM**

Carrefour at The Gateway submits new plan to Germantown
By Abigail Warren/ The Daily Memphian

Quote:

The new plan reduces office, hotel and retail space to accommodate the apartments. The new plan also has 100,000 square feet of retail, including about 25,000 to 30,000 square feet for restaurants. There will also be 320,000 square feet of office space and one hotel with 174 rooms... The first phase will be highlighted with a 150,000- square-foot signature office building on the corner of Poplar Avenue and Kirby Parkway.

Story - https://dailymemphian.com/article/79...-to-Germantown

rendering (Submitted)

rendering (Submitted)

Story - https://dailymemphian.com/article/79...-to-Germantown

Johnny Ryall · #**5164** Posted **Oct 7, 2019, 4:58 PM**

$25M building permit filed for Memphis warehouse
By Elle Perry/ The Daily Memphian

Quote:

Patterson Warehouses will soon begin construction on a new, 700,000-square-foot warehouse in southeast Memphis. The 163-year-old Memphis company filed a $25 million building permit Friday, Oct. 4, for the new facility at 5388 Airways Blvd.

Story - https://dailymemphian.com/section/bu...emphis-warehou

Johnny Ryall · #**5165** Posted **Oct 8, 2019, 12:39 AM**

New DeSoto County project has Amazon ties
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The Desoto County Board of Supervisors recently approved final subdivision plans for a 57-acre piece of Hillwood Investment Properties' Legacy Park. And, that vote could clear the way for Amazon to potentially expand its fast-growing Mid-South footprint… As the Memphis Business Journal exclusively reported in August, Hillwood is also preparing to build a 630,000-square-foot building in Piperton.

Story - https://www.bizjournals.com/memphis/...azon-ties.html

image COURTESY OF DESOTO COUNTY

image COURTESY OF DESOTO COUNTY

Story - https://www.bizjournals.com/memphis/...azon-ties.html

Johnny Ryall · #**5166** Posted **Oct 8, 2019, 4:03 PM**

See inside: Historic riverfront buildings prepped for $23M redevelopment
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

A $23 million redevelopment is en route to the historic Oliver and Stewart buildings at 99 and 105 S. Front St. The development team that tackled the Tennessee Brewery project — Billy Orgel, Adam Slovis, Jay Lindy, and others — plan to place more than 100 apartments in the buildings.

Story & Slideshow - https://www.bizjournals.com/memphis/...s-prepped.html

Johnny Ryall · #**5167** Posted **Oct 8, 2019, 4:20 PM**

More coverage with rendering.

Investor plans apartment redevelopment in anticipation of Park Ave. revival
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The old, three-story office building at 3637 Park Ave. is the first phase of Underwood's big plans for the corridor near the University of Memphis. He hopes to eventually build another three-to-five-story apartment building behind the current one. And, with purchases of the Easy Money property at 3638 Park Ave. and the adjacent brick building set to close in a month, he's trying to buy as many Park properties as he can.

Story - https://www.bizjournals.com/memphis/...opment-in.html

rendering ROSS WITT ARCHITECTURE

rendering ROSS WITT ARCHITECTURE

Story - https://www.bizjournals.com/memphis/...opment-in.html

TheKernel91 · #**5168** Posted **Oct 8, 2019, 7:59 PM**

Quote:

Originally Posted by Johnny Ryall

More coverage with rendering.

Investor plans apartment redevelopment in anticipation of Park Ave. revival
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Story - https://www.bizjournals.com/memphis/...opment-in.html

rendering ROSS WITT ARCHITECTURE

rendering ROSS WITT ARCHITECTURE

Story - https://www.bizjournals.com/memphis/...opment-in.html

Get ready Orange Mound

One investor is betting big on Memphis' 38111. Here's why
https://www.bizjournals.com/memphis/..._news_headline

Johnny Ryall · #**5169** Posted **Oct 8, 2019, 8:26 PM**

Quote:

Originally Posted by TheKernel91

One investor is betting big on Memphis' 38111. Here's why
https://www.bizjournals.com/memphis/..._news_headline

Nice. That's exactly the type of local investment distressed areas need.

TheKernel91 · #**5170** Posted **Oct 8, 2019, 9:35 PM**

Quote:

Originally Posted by Johnny Ryall

Nice. That's exactly the type of local investment distressed areas need.

Exactly. The more we can get people to have courage and invest in neighborhoods that aren't always the typical desirable areas, they'll see there's opportunity to make money beyond those lines.

Johnny Ryall · #**5171** Posted **Oct 9, 2019, 5:49 AM**

TVA leaders outline plan to reuse old Allen Fossil plant site
By Bill Dries/ The Daily Memphian

Quote:

The 60-year-old Allen Fossil plant is scheduled for demolition in 2022, Tennessee Valley Authority President and CEO Jeff Lyash said Tuesday as leaders got a look at possible future uses for the 500-acre site... “One (possible use) that’s been suggested is an expansion of the port to create a multimodal-transportation hub here,” Lyash said. The process of restoring the southwest Memphis site, treating coal ash water and removing the coal ash to an approved dump site will likely take a decade or more.

Story - https://dailymemphian.com/section/me...se-old-allen-f

photo (File/Daily Memphian)

photo (File/Daily Memphian)

Story - https://dailymemphian.com/section/me...se-old-allen-f

Johnny Ryall · #**5172** Posted **Oct 10, 2019, 4:13 PM**

Downtown Memphis Commission considers another Main Street renovation — its own HQ
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The organization wants to put on a hard hat with a proposed renovation of the old North Memphis Savings Bank building, which has been the Downtown Memphis Commission's (DMC) home for more than 20 years. The renovation would include the five vacant floors at the top of the building and would have to be approved by the commission's board and the board of the Center City Development Corp… The renovation would provide about 5,500 square feet of leasable office space in the skinny tower, according to the letter. Construction would cost between $2.3 million and $3 million, plus about 7 percent more in soft costs.

Story - https://www.bizjournals.com/memphis/..._news_headline
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Pintrest historical photo

Pintrest historical photo

memphisborn · #**5173** Posted **Oct 10, 2019, 11:56 PM**

https://www.highgroundnews.com/featu...onBottoms.aspx

memphisborn · #**5174** Posted **Oct 10, 2019, 11:59 PM**

Quote:

Originally Posted by memphisborn

https://www.highgroundnews.com/featu...onBottoms.aspx

This vacant land is a perfect site for a walkable urban village with a soccer stadium home to 901 fc and potential NWSL franchise. Close in proximity to crosstown concourse and crosstown brewery. It's time this propert was developed. Memphis has momentum and now is the time to pull the trigger

Johnny Ryall · #**5175** Posted **Oct 11, 2019, 11:47 PM**

City seeks approval for Memphis Fairgrounds Planned Development
By Elle Perry/ The Daily Memphian

Quote:

The city plans to build a new 200,000-square-foot sports and events complex, featuring a multipurpose building that can hold basketball, volleyball, cheerleading, gymnastic, track and other sports competitions, as well as trade shows, graduations and other special events... The city also plans a 700,000-square-foot, mixed-use development of retail stores, restaurants, hotels, entertainment, commercial office space and multifamily residential on the northern end of the site — along Central Avenue — called “the Village District.”... Parking will initially be all surface parking, but as density increases, according to the city, it will install parking decks and if needed, a parking garage.

Story - https://dailymemphian.com/section/bu...-fairgrounds-p

rendering (Submitted image)

rendering (Submitted image)

Story - https://dailymemphian.com/section/bu...-fairgrounds-p

Johnny Ryall · #**5176** Posted **Oct 15, 2019, 12:30 AM**

Boyle prepares for more retail, office development in Collierville
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The concept site plan for the 54 acres, which Boyle submitted to the Town of Collierville earlier this year, shows four retail buildings and a large apartment complex alongside the three office buildings.

Story - https://www.bizjournals.com/memphis/...velopment.html

image FISHER ARNOLD | TOWN OF COLLIERVILLE

image FISHER ARNOLD | TOWN OF COLLIERVILLE

Story - https://www.bizjournals.com/memphis/...velopment.html

Johnny Ryall · #**5177** Posted **Oct 15, 2019, 12:53 AM**

Airport B Concourse revamp hits 25% completion mark
By Wayne Risher/ The Daily Memphian

Quote:

The tearing down is done, and Memphis International Airport’s nearly $250 million modernization of B Concourse is going vertical. After 10 months of demolition and foundation work, a crane began moving structural steel into place on Thursday, Oct. 10. The steel will form the framework of a wider, airier concourse.

Story - https://dailymemphian.com/section/bu...-25-completion

photo (Patrick Lantrip/Daily Memphian)

photo (Patrick Lantrip/Daily Memphian)

Story - https://dailymemphian.com/section/bu...-25-completion

Johnny Ryall · #**5178** Posted **Oct 15, 2019, 1:05 AM**

UPS plans major expansion of Memphis hub
By John Klyce – Intern, Memphis Business Journal

Quote:

If the project is approved, UPS plans to expand its existing hub building by 266,000 square feet... The proposal would also see the construction of a new trailer maintenance facility, expansion trailer staging, and the addition 680 to 974 parking spots...

Story - https://www.bizjournals.com/memphis/...mphis-hub.html

Johnny Ryall · #**5179** Posted **Oct 15, 2019, 2:32 AM**

City of Memphis signs development agreement with Loews for $210M hotel
By Greg Akers – Editor-in-Chief, Memphis Business Journal

Quote:

Hotel construction and furnishing is scheduled to be completed by summer 2024. The hotel would contain at least 500 rooms and at least 30,000 square feet of meeting space... The preliminary cost for the 453,000-square-foot development is $210 million, not including the value of the 1.89-acre property... The contract calls for a 130-seat, 3,600-square-foot restaurant; a 20-seat grab-and-go, a 20-seat lobby bar, and a 60-seat indoor pool bar. The contract said the City will "return vehicular traffic to Main Street Mall between Poplar Avenue and Adams Avenue."

Story - https://www.bizjournals.com/memphis/...ment-with.html

rendering COURTESY MEMPHIS AND SHELBY COUNTY LAND USE CONTROL BOARD

rendering COURTESY MEMPHIS AND SHELBY COUNTY LAND USE CONTROL BOARD

Story - https://www.bizjournals.com/memphis/...ment-with.html

memphisborn · #**5180** Posted **Oct 15, 2019, 1:57 PM**

What's the latest on the CA building. 13 acres of prime property right next to edge district. Any word on who is looking at it or has interests?

https://www2.colliers.com/en/Propert...103/USA1042444