MEMPHIS | Development News

[Johnny Ryall]

The West Clinic has acquired The Breast Clinic Of Memphis and is looking to secure 20,000 sqft of office space. The West Clinic also owns Memphis Heart Clinic and has a large presence in the Wolf River Medical Corridor in East Memphis/ Germantown.

West Clinic buys Breast Clinic to focus treatments
Memphis Biz Journals

http://www.bizjournals.com/memphis/p...clinic-to.html

[Johnny Ryall]

Mirimichi, Justin Timberlake's eco-friendly golfcourse has received a nod in national media again as JT is honored for his efforts. Last I heard, there's an eight-figure, LEED-Gold clubhouse in the works. Mirimichi is fast becoming a world-class golfing facility.

Timberlake to be Honored for Environmental Efforts
Memphis Daily News

NEW YORK (AP) – Justin Timberlake has been lauded for his work in music, TV and film. Now he's about to get an accolade for trying to better the environment. The Environmental Media Association says Timberlake will receive its Futures Award, which represents future environmental leaders in entertainment. The group cited Timberlake's attempts to reduce his carbon footprint during his tours, his advocacy for environmental issues and his eco-friendly golf course outside of Memphis, Tenn.

http://www.memphisdailynews.com/news...ental-efforts/
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From Mirimichi.com:

The Mirimichi Performance and Learning Center (new development)

This facility is one of only fifteen select locations in the country to feature a Callaway Performance Center. With 10,200 sq ft under the roof and a 920 sq ft screened patio, this beautiful building marries state of the art technology with environmentally friendly and energy efficient materials and design.

[Johnny Ryall]

Blues story to be told as hall of fame site set
The Commercial Appeal

Arrayed on walls and massive wood beams are classic posters promoting concerts and recordings by the likes of Bessie Smith and Slim Harpo; guitars signed by blues musicians and rock stars; even a whimsical plaster impression of Rufus Thomas' face.

The foundation has unveiled plans to crank up outreach to blues aficionados and casual visitors alike with exhibits, including a Blues Music Hall of Fame in the Hotline Records building at 515 S. Main.

A campaign is under way to raise money to transform the 12,000-square-foot, two-level (street and basement) condominium into exhibit halls, visitor center, gift shop and offices for the worldwide organization. A goal hasn't been set, but the board has discussed $3.5 million.

http://www.commercialappeal.com/news...fame-site-set/

Photo courtesy archimania

Design firm archimania's rendering of the exterior of the proposed Blues Foundation's Blues Music Hall of Fame at 515 S. Main was unveiled. The foundation has launched a campaign to raise funds for the project.

[Johnny Ryall]

Projects could reunite French Fort with rest of city
Memphis Daily News

Before there was South Bluffs, there was French Fort. Before the Hernando DeSoto Bridge was built and city zoning regulations placed more distance between commercial, industrial and residential areas, this neighborhood by the trio of older Mississippi River bridges south of Downtown survived in one of the most historic and isolated parts of the city. The irony is the three bridges were once the only western gateway into Memphis. The Memphis-Arkansas Interstate 55 Bridge is still a major truck corridor into Memphis with an average of 50,000 vehicles a day whizzing by the nearly forgotten neighborhood of French Fort, which is home to Indian mounds, a metal museum, a vacant hospital for river workers and a set of riverside businesses that service barges and riverboats.

http://www.memphisdailynews.com/news...into-the-fold/

Photos: Lance Murphey

The Metal Museum sits next to the Indian Mounds at Chickasaw Heritage Park in the historic French Fort neighborhood. With an Interstate 55 and Crump Boulevard roundabout in the works, residents and developers are devising a redevelopment plan for a community that has been cut off from the rest of Downtown Memphis for decades.

Photos: Lance Murphey

The Memphis-Arkansas (from left), Frisco and Harahan bridges span the Mississippi River and provide access into and out of town for vehicular and train traffic. This traffic nexus separates the historic French Fort neighborhood from the rest of Downtown Memphis, but a new roundabout will reconnect the area with other communities.

Photos: Lance Murphey

Lauren Crews is managing partner of DeSoto Pointe Partners, which owns the former U.S. Marine Hospital at 360 Metal Museum Dr. in French Fort. Crews hopes to renovate the facility into condominiums or apartments.

Photos: Lance Murphey

An abandoned motel sits along I-55 near Crump Boulevard at the edge of French Fort. Its future is up in the air because of pending redevelopment plans for the area but mostly because of the slumping economy.

A roundabout will replace the current cloverleaf where Interstate 55 intersects Crump Boulevard just south of Downtown Memphis. The new traffic pattern will improve access for the historic French Fort neighborhood.

Full size image: http://www.memphisdailynews.com/Edit...ages/12328.pdf

[Johnny Ryall]

Pair of architecture firms rebrand to combat changing industry
Memphis Daily News

LRK is currently behind big deals like Loeb Properties Inc.’s Overton Square revitalization; the redevelopment of Cleaborn Homes, Choice Neighborhoods for Foote Homes and the Vance Neighborhood area; Commercial Advisors LLC’s One Commerce Square rebranding; and Henry Turley’s multifamily and office space at Second Street and Gayoso Avenue, Van Vleet Flats.

http://www.memphisdailynews.com/news...3/new-facades/

(Photo: Lance Murphey)

Baldemar Loya, top, and Erasmo Loya of Yarbrough’s Painting & Drywall work on the ceiling at Van Vleet Flats, the building at 109 S. Second St. that LRK is working on.

(Photo: Lance Murphey)

The Shelby County Regional Forensic Center, 673 Poplar Ave., is being built by Inman-EMJ Construction. Brg3s is the architecture firm on the project.

[Johnny Ryall]

The new 7-story Triad Centre III is near full occupancy & Triad Centre I & II get some upgrades.

Highwoods’ capital improvements cohere Triad Centre buildings
Memphis Daily News

Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment. The three-month project was basically a parking lot renovation for both Triad Centre I (6000 Poplar Ave.) and Triad Centre II (6060 Poplar Ave.), while also enhancing the entrance and lobby for Triad II.

Triad I and II’s occupancy levels are both about 90 percent, Guinn said. And Triad III – which has inked recent leases like Southern Sun Asset Management, Evolve Bank and Trust and Courtview Capital Securities with several prospects lined up – is well on its way to approaching full occupancy as well.

http://www.memphisdailynews.com/news.../three-in-one/

(Photo: Lance Murphey)

Highwoods Properties is making interior and exterior changes to Triad Centre II including a new lobby floor, front entry, elevator cabs, reconfiguration of the parking lot and landscaping.

[Johnny Ryall]

Greyhound Move to Alter Downtown Gateway
Memphis Daily News

Dallas-based Greyhound Lines Inc. soon will move its depot to Memphis Area Transit Authority’s Airways Transit Center, 3033 Airways Blvd., near Memphis International Airport. CB Richard Ellis Memphis vice president Patrick Burke has listed the property for $2.3 million. While no deals are under contract, he said most of the interest has been for redevelopment, such as retail or a hotel site. “Greyhound is relocating, that opens up that space, and there’s other space surrounding that space that is available as well that could be put together and packaged perhaps as something even bigger,” Morris said. “I don’t want to limit what kind of use it could be because the private sector will determine what’s best there, but it’s such an opportunity to develop that key territory and make the entrance into Downtown more attractive.”

http://www.memphisdailynews.com/news...ntown-gateway/

[Johnny Ryall]

Permit: Large Solar Farm Planned at Agricenter
Memphis Daily News

A 1-megawatt solar farm could be installed at Agricenter International, according to a $3.5 million building permit application just filed with the city-county Office of Construction Code Enforcement. The permit application lists Agricenter International’s address, 7777 Walnut Grove Road, and states it is for “installation of a ground-mounted 1-MW solar farm on the property of the Agricenter in Shelby County.”

http://www.memphisdailynews.com/news...at-agricenter/

[Johnny Ryall]

CN CEO Mongeau touts Memphis at transportation conference
Memphis Daily News

CN Railway was a sponsor of the annual gathering. The railroad has a tentative option on 800 acres of land next to Frank C. Pidgeon Industrial Park as a logistics park adjacent to its intermodal gateway in the industrial park itself in southwest Memphis. International Port of Memphis officials approved a letter of intent for the sale of the public land in September that CN wants for a logistics park. The option is for 45 days. “We’re investing in the U.S. and we are investing in a big way in Memphis,” he told the gathering. “In many ways it’s the second hub of our U.S. network (after Chicago). There’s only one other place where all of the railroads come together in the U.S. and it’s Memphis.”

http://www.memphisdailynews.com/news...lroad-central/

[arkitekte]

Originally Posted by Johnny Ryall

Rebranding signage for Triad Centre I & II, the new 7-story Triad Centre III is nearly at full occupancy.

Highwoods’ capital improvements cohere Triad Centre buildings
Memphis Daily News



http://www.memphisdailynews.com/news.../three-in-one/

(Photo: Lance Murphey)

Wow, its been a month or so since I drove by...I'm surprised how fast the facade has changed and how much better it looks!

[arkitekte]

Any news on the proposed development at Highland and Midland? They're demolishing the old church and I'm wondering if that has something to do with a new development, or just them wanting to get rid of an old, empty building.

[Johnny Ryall]

Trane moving forward on distribution expansion
Memphis Biz Journal

The residential and commercial HVAC company, a division of Ingersol Rand, has been considering Chickasaw Distribution Center Building E, a 625,000-square-foot building at 5200 Tradeport Drive, for this operation. Trane already operates a 393,000-square-foot distribution center at 1560 Stateline Road East in Southaven. Started in 2008, it employs 240 people and distributes HVAC and refrigeration aftermarket service parts.

http://www.bizjournals.com/memphis/p...tribution.html

LEE SWETS | MBJ

[Johnny Ryall]

Originally Posted by arkitekte

Any news on the proposed development at Highland and Midland? They're demolishing the old church and I'm wondering if that has something to do with a new development, or just them wanting to get rid of an old, empty building.

That's probably the start of the Highland Row development.

[Johnny Ryall]

Look for a new major Class A development in East Memphis very soon.

Education Realty signs for new HQ
Boyle lands REIT in lease for East Memphis office
Memphis Biz Journal

Memphis-based Education Realty Trust Inc. is expanding its national headquarters with a long-term lease covering 27,000 square feet in one of the newest office properties in East Memphis. Boyle Investment Co. also has signed NewSouth Capital Management Inc., which is relocating from 1100 Ridgeway Loop to occupy 9,000 square feet at Boyle’s office property at 999 Shady Grove. The two new leases bring the Class A building’s occupancy rate up to 95 percent. Also, this leasing activity puts a new office building in East Memphis closer to reality.

http://www.bizjournals.com/memphis/p...or-new-hq.html

ALAN HOWELL | MBJ

Boyle’s Mark Halperin, John Vergos and Shellie Moses at 999 Shady Grove office building, which has two new large tenants.

[Johnny Ryall]

TN sets sights on auto plant
Audi likeliest catch as 3 carmakers consider expansion
The Tennessean

There is a site ready to go in Tennessee if an automaker needs it. It is the only remaining TVA mega-site in the state, near Brownsville between Jackson and Memphis, and it was specifically developed to accommodate a large auto assembly plant, said Laura Elkins, a spokeswoman for the state Department of Economic and Community Development.

http://www.tennessean.com/article/20...text|FRONTPAGE

[arkitekte]

Originally Posted by Johnny Ryall

That's probably the start of the Highland Row development.

I hope so. That will give that entire area a major facelift, not that its bad now, but it should spark more development.

[Johnny Ryall]

Loeb sketches ambitious vision for Overton Square redevelopment
The Commercial Appeal

Loeb's planned $19.2 million renovation of the square's mostly vacant, century-old commercial buildings would reveal their exteriors to be art in themselves. Behind the historic buildings would rise an $11.9 million, city-built facility that parks both cars and stormwater. Above, three levels of parking; below, a basin to keep floodwater out of Midtown homes. This is the $31 million vision of the developer, who admits to doing something developers shouldn't do: "I've fallen in love with the project," he said.

http://www.commercialappeal.com/news...nging-midtown/

The Commercial Appeal

An artist's rendering of the southern part of Overton Square shows the Trimble Courtyard, which would include a bandstand.

[Johnny Ryall]

Overton Square renderings
Memphis Business Journal

http://www.bizjournals.com/memphis/b...enderings.html

http://www.bizjournals.com/memphis/n...=image_gallery

Rendering of Overton Square's primary corner at Madison Avenue and Cooper Street

Rendering of the entrance into the Trimble Courtyard at Overton Square

Overton Square elevation along Madison Avenue

[Johnny Ryall]

IAC expands within the Aerotropolis
Location near airport factor for electrical distributor
Memphis Business Journal

IAC Cos. has expanded its corporate headquarters and branch office in Memphis, something not entirely common among local industrial users right now. The Memphis-based full-service wholesale electrical distributor has moved into a 100,000-square-foot building at 3150 Carrier.

http://www.bizjournals.com/memphis/p...otropolis.html

LEE SWETS | MBJ

[Johnny Ryall]

Delta Orthopaedics investing $1.3 million in physical therapy practice
Memphis Business Journal

Delta Orthopaedics, a Marion, Ark.-based outpatient physical therapy practice, is building a $1.3 million, 9,000-square-foot facility in West Memphis, giving the area its first independently owned physical therapy practice.

http://www.bizjournals.com/memphis/p...esting-13.html

COURTESY RENAISSANCE GROUP INC.

Artist’s rendering of Delta Orthopaedics facility in West Memphis