As Molly Smith finalizes the end of Bhan Thai, new owners Thuan Pham and family percolate plans for a cafe.

In this week’s Inked: University Lofts is moving forward in the Edge district, a private shooting range has plans for Cordova, the Highland Strip gets a Red Koi and Rumble Boxing opens its first Memphis location.

Collierville-based Township Development Services is expanding its team. The eastern road network and BlueOval City’s imminent production is creating new business opportunities.

In February 2022, the LUCB rejected plans to build the Tournament Trails Center complex at 3581 Tournament Drive-South, but a decision in April 2022 from the Memphis City Council reversed that decision. 

Developer Tom Intrator said the Dream Hotel planned for South Main could break ground as early as November.

Related content: 

First phase of Intrator’s Pinch District gets closing deadline modification

Developer Tom Intrator received closing deadline modifications for three of his Downtown projects that already have tax incentives. 

Bill Townsend is something of a folk hero in Memphis as the hometown guy who made his fortunes elsewhere and is now home to save some of the city’s nearly priceless real estate. 

New York-based Left Lane Development LLC will ask the Downtown Memphis Commission’s Center City Revenue Finance Corp. for a 12-year PILOT for the redevelopment project. 

The Annesdale Mansion is the fifth historic property bought by Memphian Bill Townsend. 

The Downtown Memphis Commission’s Design Review Board will consider exterior renovation plans for the single-story masonry building at 405 Monroe Ave.

Topgolf is bringing more dwellings south of Germantown. One real estate investor believes the entertainment venue picked a location that will drive its success.

The multimillion-dollar land sale at 4005 Bailey Station Road comes after a 23 year-long battle to prevent losing the property to eminent domain and to acquire a fair market value sale.

In the 1920s, the Napoleon Hill mansion was razed to make way for the skyscraper. But the land itself would be passed down through the decades to the descendants of the original family. 

The massive job to refurbish the century-old structure next to Overton Park is on the drawing board, but there is no concrete plan for when the work will start or finish.

A Rock’n Dough Pizza & Brewery restaurant will occupy the nearly 7,000 square-foot space that was formerly the Trolley Stop Market on Madison Avenue. French Truck Coffee and Sana Yoga studio will open in the Orleans Station development. 

The sale price is $800,000 and includes numerous upgrades and a hint of famous DNA that still hangs in the air.

Germantown-based Mid-America Apartments reported strong profits in 2022, a national report shared.

Earlier this month, the detailed plan for the new museum was approved by the Downtown Memphis Commission’s Design Review Board.

A newly-constructed Captain D’s restaurant in Whitehaven could soon run on solar power, and construction for the second phase of The Oliver project will cost $16 million.

Memphis Record Pressing is capitalizing on the huge revitalized interest in vinyl records that has emerged over the past decade.

The boutique hotel at 69 E. Pontotoc Ave. will include 10 guest rooms, with a small lobby facing Pontotoc.

The building, at North B.B. King Boulevard and Madison Avenue, was added to the National Register of Historic Places in 1978 but has been vacant since 1986.

Carriage Crossing was sold mid-March. The new owners want to bring a fresh mix of tenants and new ideas to draw the community to the center.

Julie Piatt is moving her dairy-free cheese production and distribution business to Crosstown — and it will include a cafe serving wine, kombucha and plant-based charcuterie. 

Ken Robison, who has invested more than $2 million in the property, hopes for a residential buyer. He consented to schedule no more outdoor events with bands.