“It’s competitive when making an offer, especially with inventory running a little low,” MAAR president Bill Stewart said in a statement.

“The pandemic put challenges on the hotel market and the lending market, making the economics of our proposed transaction remarkably difficult.”

The center, funded by AutoZone, has a specific goal of increasing Black representation in corporate C-suites and senior executive leadership.

Elvis Presley Enterprises is hoping to break the late singer’s world record, this time, in the metaverse. 

Talks of a Loews Hotel for Downtown extend as far back as 2018 when representatives of the luxury hotel chain first announced plans to build a 500-room hotel near the Renasant Convention Center. 

Turning employees into investors is a trend that could increase as companies struggle to attract and keep workers.

Spillit’s next Slam will be an Industry Night, with free admission for restaurant workers. 

Located on the empty surface lot at 645 N. Front St., just south of the historic Snuff Factory building, the six-story Conwood II will include 294 housing units and 10,000 square feet of retail space. 

As Memphis explores severing its decades-long ties to the Tennessee Valley Authority, a business seemingly jointly owned by an MLGW board member and the wife of a TVA vice president is causing critics to cry foul. 

Related story: 

MLGW fails to post financial disclosure forms on Internet

Saint Francis Hospital-Bartlett is ending its birth and delivery services at the suburban location, shifting those to a single location at St. Francis Hospital-Memphis on Park Avenue.

Mueller reported $956.4 million in fourth-quarter net sales and operating income of $172.1 million.

MOGA offices in DeSoto County are moving to a new building for a larger, more efficient facility to better serve patients.

Spanning 170 acres, The Legacy at Colonial would bring resort-style living to Cordova, something that has been attempted in the past. 

The Memphis Area Association of Realtors (MAAR) annual Make-A-Wish Golf Tournament is the single-largest external fundraising event for Make-A-Wish Mid-South, exceeding $500,000 in the event’s 11-year history. 

The Tennessee Valley Authority has to turn over material about the 20-year contract agreement it wants Memphis Light, Gas and Water Division and all the other local utilities in its system to sign.

International Paper reported fourth-quarter earnings of $.78 per share. Wall Street analysts expected $.87 per share. 

South Point Grocery plans to open one block from Central Station at 136 Webster Ave., the site of the former Liberty Cash Grocers.

Republican state senators question whether everything on the list is truly needed.

In its report, Board of Adjustment staff referred to the project as “exemplar of urban design.”

The proposed seven-story parking garage on the north side of A.W. Willis between North Third and Fourth streets would have been designated for ALSAC-St. Jude employees.

The Memphis Chapter of the Public Relations Society of America will honor Birch and his more than 40 years of service at the ceremony Thursday, Jan. 27, via Zoom.

“The new trolley stop will complete the mission of the Downtown Mobility Center by bringing key transportation means together at one site in Downtown Memphis.”