Reporter
Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
There are 92 articles by Dima Amro :
A plan to build a new jail and relocate every criminal and civil justice institution in Shelby County to the former Firestone plant site in North Memphis was presented to the Shelby County Commission.
Also, Hattiloo Theatre backs away from church redevelopment, and Memphis Glass Works bought 8,156 square feet of industrial buildings in Olive Branch.
“There’s still some uncertainty out there with the tariffs, but at some point, businesses have to make decisions regardless of uncertainty.”
Mortgage rates are good compared to 30 years ago, and homebuyers no longer have to offer over the listing price for houses, real estate experts say.
Also, a construction firm is moving its headquarters, a discounted home-goods outlet is expanding and a former Walgreens and an Aaron’s Rent to Own building were sold.
“This is the weekend that people start thinking about buying for fall and winter,” said Kendra Vickery, owner of Spoiled Sweet Boutique in Germantown.
“It’s like I’m blinded by all the moving parts that are going on behind the scenes that get us to the next starting point,” said one of the developers as the team plans next steps.
This Germantown barbershop has got new ideas for its new location. Plus, Germantown Station has been sold, and Champion Hills gets new leases.
June saw more sales than the same time last year as more homes joined the market and prices grew.
Plus, a Southaven retail strip has been sold.
Plus a Playa Bowls location is planned for the Edge District. More locations could be on the way.
Funding will go toward three nonprofits with programs to support children dealing with trauma, death and stress through stage performances, art classes and instruments.
“It’s gone through a few iterations and we’re excited that someone’s picking up the ball and really pushing it to completion,” said the founder of Cnct. Design.
The move will support the ongoing preservation of the historic cobblestone river landing.
According to Trezevant CEO, the center hasn’t been updated since the 1990s. Plus, two manufacturing buildings have been sold to a Texas company.
An Asian restaurant leased out the former King of Spuds location at 5376 Knight Arnold Road, and the new tenant plans to start work on the site in the coming months.
“You got an idea? We want you to know that we have your back,” said Memphis Mayor Paul Young.
Three Memphis-area small businesses received thousands of dollars in loans to renovate and expand their companies. Plus, CEVA Logistics and Medtronic Logistics agree on a tax adjustment plan.
Airways Boulevard site will be the largest distribution center in Medtronic’s network.
Gresham Smith has 25 other offices across the Midwest and the South, and works with private and public companies.
The company, which is launching a 625,000-square-foot warehouse, signed a 12-year lease earlier this month.
“We want it to be a place that’s for Memphians, by Memphians,” said John Halford, founder of Cnct Design, about the Edge District.
The 18 S. Main St. building was formerly owned by developer Tom Intrator — and had been part of his plans for several Main Street properties — but was transferred during an April foreclosure sale.
Downtown business owners received money to renovate their properties with plans for a liquor store, cafe and possibly more.
The Ross I-40 industrial park sits roughly 40 minutes from Ford Motor’s BlueOval City in Stanton, Tennessee.