DMC names new CEO
“It builds upon the experience that I’ve had,” Chandell Ryan said. “I am passionate about Memphis and passionate about Downtown Memphis.”
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“It builds upon the experience that I’ve had,” Chandell Ryan said. “I am passionate about Memphis and passionate about Downtown Memphis.”
Champion Hills Office Park is sold, Golden Beauty will open its sixth location at the former Staples in the Wolfchase Galleria, AIC Industrial buys property in Olive Branch and Skechers comes to Forked River Commons.
Compared to peer metropolitan areas, Memphis has the highest concentration of diverse talent in music and entertainment, with 31% of the workforce.
Phoenix Investors acquires and renovates former manufacturing facilities nationwide. The vacant Memphis Electrolux plant is next on its list.
Memphis Filling Station, also known as MFS Brewing, plans to open at 206 G.E. Patterson Ave. and offer beer on 12 taps with various pours, from 4-ounce tasters to 16-ounce full pours.
The bank has not been able to meet the hiring requirements during the two-year “ramp-up” period.
Viara Viara, owner of a plant-based manufacturing business, is doing her part to make the vegan lifestyle accessible to everyone by opening Wholey Goods in Whitehaven. “I want other people to experience what I’ve experienced..”
The 3,400-square-foot restaurant will seat 49 people plus have patio space outside when finished.
Plus, Kukuruku will open a second location in Memphis and Waffle House is headed to Millington.
Gloss Nail Bar to get its fifth location in Eastgate, Taziki’s comes to The Falls in Arlington, Five Below comes to the Commons and Air Fayre Memphis gets a distribution center.
The DMC announced Friday, Dec. 15, Brett Roler would be taking the newly created role.
The Memphis One-Stop Center is an accelerated training center that will produce credentialed job candidates for the region’s job market each year.
Gimme Sugar Bakery opens its first location, in Cordova, and City Brew Tours launches operations in Memphis.
EDGE approves the purchasing and refurbishing of the Sterick Building’s parking garage, an amendment to DMN’s Fast Track tax incentive and ICED loans for local eateries.
The Kimbrough Center is being renovated, Lakeshore Learning is coming to Memphis and Concentric LLC brings the occupancy rate to 95% in the Acee Business Center.
“I’m excited to bring a little more density to the area,” said developer Alfredo Cerpa. “But not just come with a new modern thing, but integrate what is existing in the community.”
Although home sales decreased by 259 sales from October to November 2023, Memphis-area home sales for November increased 1.8% from a year ago, with 1,230 total sales.
To help launch the historic skyscraper’s redevelopment project, the EDGE board will refurbish a neighboring garage for $4.2 million. The Sterick will share the parking spaces with an existing hotel.
The former Northside High School will contain 42 affordable residential units, two-court gymnasium by Dream Sports, performing arts center, food hall by AR Hospitality, LifeDoc health clinic and more.
The 3.82-acre development for low-income seniors is at 981 Peach Ave. in the Medical District. It will include 99 apartments, with 7% reserved for veterans. The complex is expected to be completed in early 2025.
The building, originally built in 1910 with a bakery on the ground floor and a residence above, will soon be getting new life.
A BlueCross BlueShield of Tennessee sign will be installed on top of the redeveloped Hickman Building, just north of AutoZone Park.
Rotolo’s Craft & Crust expands into the Water Tower District at Schilling Farms and Silo Square in Southaven, Zaxby’s opens a to-go-only location and Popeye’s coming to Wolfchase Galleria.
Also, the Mid-South Carpenters Regional Council is relocating and will be able to host more carpentry apprentices in its new space, and a national public-accounting firm is moving to the Renaissance Center in East Memphis.
“Some of these folks are here for the very first time, so it’s an opportunity for us to really showcase what Memphis has to offer our international visitors,” said Kevin Kane, president of Memphis Tourism.