MEMPHIS | Development News

[memphisborn]

Originally Posted by James Owen

There are several problems with that idea of planting a new stadium on the Coca-Cola site:

1. Not enough space to accommodate a large stadium along with the infrastructure necessary as the property is extremely landlocked.
2. An active railroad line cuts right between the Fairgrounds and the Coke property. Removing and rerouting it would be cost prohibitive since the tracks are privately owned and maintained by the railroad operator.
3. Southern Ave & Hollywood St would have to be widened, but right-of-way would need to be acquired to make that possible with traffic already a nightmare as it is on game days.

IMO, I think the old Coke property will likely be used for some kind of residential/mixed use development down the road as part of a longer-term plan for the Fairgrounds area along with what had already been proposed by the city.

I can c a mixed use concept for coke property since the city is all in in the your sports IMO they should be pursuing blue cross bowl as another way of activating LB and bring tourists and revenue to fairgrounds

[Chris Warren]

Construction Photos

One Beale (pics from Commercial Appeal)




Madison McLean (Flemming IG)


Shelby County Health Department new building (Brg3 IG)


The Museum Lofts (MMC IG)


The Memphian (MMC IG)


UofM Football Practice Facility (HNA IG)

[Johnny Ryall]

$26M Cotton Row renovation moves forward
By Tom Bailey/ The Daily Memphian

The project will convert two adjacent buildings – 99 and 105 S. Front – in the Cotton Row National Historic District into 112 one- and two-bedroom apartments, about 5,300 square feet of ground-floor commercial space and 61 underground parking spaces.

Story - https://dailymemphian.com/section/bu...-street-permit

photo (Staff/The Daily Memphian)

photo (Staff/The Daily Memphian)

Story - https://dailymemphian.com/section/bu...-street-permit

[Johnny Ryall]

Tax break approved for new apartments on Broad Ave.
By Tom Bailey/ The Daily Memphian

The Economic Development Growth Engine (EDGE) of Memphis and Shelby County approved a residential payment-in-lieu-of-taxes (PILOT) incentive for the 350-unit complex at 2542 Broad. The two buildings are to rise near the Broad Avenue Arts District’s signature water tower. They will be three stories tall along Broad and four stories on the back, or north, side. North Carolina-based Grubb Properties and local LPI (formerly Loeb Properties Inc.) are co-developers of the $69 million development.

Story - https://dailymemphian.com/section/bu...tments-memphis

rendering (Courtesy Shapiro & Company Architects)

rendering (Courtesy Shapiro & Company Architects)

Story - https://dailymemphian.com/section/bu...tments-memphis

[Johnny Ryall]

103-acre, mixed-use development proposed for Millington
By Tom Bailey/ The Daily Memphian

The Millington Industrial Development Board describes Millington Farms as a “transformational” development that will bring the kinds of apartments, shopping and other services that are not now available in northern Shelby County.

Story - https://dailymemphian.com/section/su...t-proposed-for

rendering (Courtesy Millington IDB)

rendering (Courtesy Millington IDB)

Story - https://dailymemphian.com/section/su...t-proposed-for

[Johnny Ryall]

Airport lands a new flight, and it’s a big one
By Wayne Risher/ The Daily Memphian

With Southwest Airlines beginning service to Atlanta this weekend, Delta Air Lines has just made a big announcement of its own. The airline announced Friday, March 6, it would launch daily nonstop service between Memphis International Airport and Boston Logan International Airport, beginning in October. “This will be one of MEM’s most well-received flight additions of the past few years,” said Memphis-Shelby County Airport Authority chair Pace Cooper. “We’re very excited that Delta is once again growing in Memphis to serve the needs of our community.” Though it once offered nonstop service between the Bluff City and Boston, Delta discontinued the flight in early 2014. The airport has been actively lobbying for nonstop service for Boston for the past few years. The desire for such service was heightened when Boston-based Indigo Ag announced in 2017 it would establish its North American commercial operations headquarters in Memphis and hire up to 700 employees here. There already was substantial demand for a Boston nonstop, from FedEx, St. Jude Children’s Research Hospital and others, even before Indigo Ag became a factor, Cooper said.

Story - https://dailymemphian.com/section/bu...nonstop-flight

[Johnny Ryall]

‘For Sale’ is sign of concern for Annesdale Mansion neighbors
By Tom Bailey/ The Daily Memphian

Neighbors and preservationists are voicing concern about the future of the Annesdale Mansion even as prospective buyers are signaling their interest. “Extremely positive,” Crye-Leike Realtor Joshua Spotts said of the interest shown in the 165-year-old house since it hit the market on Monday, March 2, at a $5 million asking price.

Story - https://dailymemphian.com/section/bu...ic-real-estate

photo (Patrick Lantrip/Daily Memphian)

photo (Patrick Lantrip/Daily Memphian)

Story - https://dailymemphian.com/section/bu...ic-real-estate

[Johnny Ryall]

Condos near FedExForum, 51 Cordova townhomes planned
By Tom Bailey/ The Daily Memphian

The Eads-based Nest Properties seeks preliminary subdivision approval to build six condos on an undeveloped, one-third acre at the northwest corner of Pontotoc and Turley. The site is about a block southeast of the FedExForum and just south of Robert Church Park.

Story - https://dailymemphian.com/section/ne...torage-memphis

rendering (Credit: S. Berry Jones Architect)

rendering (Credit: S. Berry Jones Architect)

Story - https://dailymemphian.com/section/ne...torage-memphis

[Johnny Ryall]

Viking sets April 7 reveal of U.S. cruises, expected to include Memphis
By Wayne Risher/ The Daily Memphian

The logic behind a proposed upgrade of Beale Street Landing becomes clearer with new signals about Viking’s plans to begin Mississippi River cruising in 2022. The Norway-based line of river and ocean cruises has been talking to dock owners up and down the Mississippi, including operators of Beale Street Landing, about docking agreements... Beale Street Landing currently serves the American Queen Steamboat Company and American Cruise Lines, which are slated to have seven ships docking in Memphis after each company adds a ship this year. The partnership recently asked a City Council construction budget committee for a $3.5 million appropriation to upgrade Beale Street Landing. Some of the improvements would help it handle more overnight cruise ships.

Story - https://dailymemphian.com/section/ne...street-landing

photo (Daily Memphian file)

photo (Daily Memphian file)

Story - https://dailymemphian.com/section/ne...street-landing

[Johnny Ryall]

Carlisle buys 100-year-old building near One Beale
By Tom Bailey/ The Daily Memphian

The same local company that is developing One Beale has just purchased a 100-year-old brick warehouse a block away on resurgent Front Street, according to the Shelby County Register’s website. Front Street Devco LLC, which will start receiving the property tax bills in care of Carlisle LLC, purchased the vacant, 50,000-square-foot building at 339 S. Front. The building of three stories plus a basement occupies the southwest corner of Front and Vance, stretching west to Wagner Place.

Story - https://dailymemphian.com/section/ne...wntown-memphis

photo (Tom Bailey/The Daily Memphian)

photo (Tom Bailey/The Daily Memphian)

Story - https://dailymemphian.com/section/ne...wntown-memphis

[Johnny Ryall]

Full steam ahead for megasite, say legislators
By Michael Waddell/ The Daily Memphian

State Sen. Paul Rose, along with state Rep. Tom Leatherwood, this week rolled back earlier comments from Gov. Bill Lee about a possible pause on the $180 million Memphis Regional Megasite in Haywood County. They say efforts to get the site “shovel-ready” are moving ahead with no slowdowns.

Story - https://dailymemphian.com/section/me...om-leatherwood

photo (Daily Memphian file)

photo (Daily Memphian file)

Story - https://dailymemphian.com/section/me...om-leatherwood

[Johnny Ryall]

Construction of Fire Station No. 5 will start chain of projects
By Tom Bailey/ The Daily Memphian

The Memphis Fire Department this week applied for a construction permit that starts a years-long chain of projects involving fire stations, an art museum and major new anchors in Overton Park. The building permit is for a new Fire Station No. 5 at 400 Adams. The document values construction at $4.4 million.

Story - https://dailymemphian.com/section/bu...-museum-of-art

rendering (Courtesy Fleming Architects)

rendering (Courtesy Fleming Architects)

Story - https://dailymemphian.com/section/bu...-museum-of-art

[Johnny Ryall]

New hotel to rise on vacant Downtown corner
By Tom Bailey/ The Daily Memphian

A new, four-story hotel is planned for Downtown, as new development continues to occur south of the FedExForum. The 110-room Home2Suites by Hilton, a mix of studios and suites, will be built at 135 Vance, according to a new building permit application. It will join a growing mix of boutique and large hotels under construction or planned Downtown. Construction is valued at $11 million for the 17,560-square-foot building.

Story - https://dailymemphian.com/section/bu...ng-to-downtown

photo (Jim Weber/Daily Memphian)

photo (Jim Weber/Daily Memphian)

Story - https://dailymemphian.com/section/bu...ng-to-downtown

[Johnny Ryall]

Developer pitches $4.8M South Main flip for apartment/short-term rental units
By Jacob Steimer – Lead Reporter, Memphis Business Journal

Young developer Kenny Lipschutz and his Blue Suede Properties team are planning to turn 400 S. Main St. into three retail spaces and 18 apartment units that would be rented out on short-term rental websites such as Airbnb... The project cost named in the CCRFC staff report is $4.8 million; of that, $3 million is in hard and soft construction costs.

Story - https://www.bizjournals.com/memphis/...-flip-for.html

rendering ARCH INC. | DOWNTOWN MEMPHIS COMMISSION

rendering ARCH INC. | DOWNTOWN MEMPHIS COMMISSION

Story - https://www.bizjournals.com/memphis/...-flip-for.html

[Johnny Ryall]

Office tower, new outpatient facility with big MWBE potential on deck for St. Jude
By Jason Bolton – Data Editor, Memphis Business Journal

As part of the hospital's 10-year building plan, St. Jude expects to build four new structures on its campus: an outpatient facility with clinical and doctor's office components; two parking garages; and an additional office building. The Advanced Research Center plus the new structures represent $700 million in construction projects. The new office tower would rise next to the Advanced Research Center on the northeast corner of St. Jude's campus near Danny THomas Boulevard.

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



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

[Johnny Ryall]

Designs for first phase of $46M Snuff District project ready for prime time
By Greg Akers – Editor-in-Chief, Memphis Business Journal

The $46 million million, 55-acre, Uptown/Snuff District development led by Billy Orgel is gathering steam, at least on paper. If all goes according to plan, that progress will soon manifest in the physical world.

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



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



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

[Johnny Ryall]

Design Review Board asks Midtown developer for more details
By Jacob Steimer – Lead Reporter, Memphis Business Journal

Story - https://www.bizjournals.com/memphis/...loper-for.html

rendering RENAISSANCE GROUP

rendering RENAISSANCE GROUP

Story - https://www.bizjournals.com/memphis/...loper-for.html

[Johnny Ryall]

Downtown Sheraton owners share details, renderings of redevelopment project
By Jacob Steimer – Lead Reporter, Memphis Business Journal

...the renovations to the existing 600 rooms are set to make them brighter and more open. And, the proposed 300-room hotel would rise about 12 stories tall on a 15,000-square-foot footprint that is currently a vacant lawn beside the hotel, according to the plans that were presented.

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

image SCHULTE HOSPITALITY GROUP

image SCHULTE HOSPITALITY GROUP

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

[TonyL]

I claim Memphis as my hometown even though it was actually Byhalia and I went to HS in Olive Branch. They really need a supertall. But as far as development, what happened with the Mall of Memphis was a shame. Back in the early 80s, that was the place to be. Then the crime and Wolfchase kinda killed it off.

[Wayward Memphian]

Originally Posted by TonyL

I claim Memphis as my hometown even though it was actually Byhalia and I went to HS in Olive Branch. They really need a supertall. But as far as development, what happened with the Mall of Memphis was a shame. Back in the early 80s, that was the place to be. Then the crime and Wolfchase kinda killed it off.

The Mall of Memphis fate was sealed way before Wolfchase. It was sealed along with Hickory Ridge and Raliegh Springs with the massive white flight in the mid 90s.