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Real Estate

  • Real Estate
  • Financial Services
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  • Real Estate

    Ho, ho, whoa: Saint Nick seeks to block traffic from Poplar

    Residents point to safety concerns and crime in proposing that a gate be erected across Saint Nick Drive to prevent cut-through traffic from using their street.

    By Tom Bailey February 05, 2021
  • Real Estate

    The plan: A development of single-family homes for renters

    In what may be a first for Memphis, a company called Next Chapter Neighborhoods plans a 167-acre development featuring build-to-suit, market-rate rental houses. The plan calls for 230 houses, plus open space and a commercial district to be built later.

    By Tom Bailey February 06, 2021
  • Spirit of Memphis

    New retail center may conjure spirit of the hip Bitter Lemon

    The commercial lot on the east end of Poplar Viaduct may now be empty, but it’s full of memories for the new owner. Ray Gill of Gill Properties is looking for a way to pay homage to The Bitter Lemon, a hip teenage coffee house that operated there in the 1960s.

    By Tom Bailey February 04, 2021
  • Real Estate

    Developer plans to renovate blighted, vacant apartments near Downtown

    Stella Maris Development owner Amin Zaki plans to revive apartments at 1030 Poplar. They’ve been vacant and deteriorating more than five years. 

    By Tom Bailey February 03, 2021
  • Real Estate

    Renderings unveiled for Nylon Net Building’s replacement

    Developers who plan to raze the historic Nylon Net Building have unveiled renderings for the $52.2 million, mixed-use building that would replace it. 

    By Tom Bailey February 03, 2021
  • Update Real Estate

    $56M mixed-use development proposed for Medical District

    The development of 270 apartments, 17,500 square feet of retail and a 411-space parking structure would replace the existing First Horizon and IberiaBank branches on Union, between Cleveland and Claybrook. 

    By Tom Bailey February 04, 2021
  • Real Estate

    Uptown’s Malone Park Commons features an uncommonly social setting

    There’s nothing common about the new residential development that is to open March 1 in Uptown. The first phase features two rows of rental cottages that face each other across a 30-foot-wide courtyard.

    By Tom Bailey February 03, 2021
  • Real Estate

    Divvy expands rent-to-own business, seeks Memphis Realtors

    Divvy Homes in Shelby County so far has purchased between 40 and 100 homes that were chosen by renters who plan to buy them within three years.

    By Tom Bailey February 02, 2021
  • Spirit of Memphis

    Confidence pays off for president of Memphis Area Association of Realtors

    Cassandra Bell-Warren credits her mother and grandmother for the self-confidence and curiosity that has helped her experience the world she never saw from her childhood home in South Memphis. 

    By Tom Bailey February 01, 2021
  • Real Estate

    Open space will separate ‘vibes’ of C-store, retail center

    Singh Development designs its combo convenience stores/retail centers a bit differently than most.

    By Tom Bailey January 31, 2021
  • Real Estate

    Lakeland economic development board discusses projects, suburb’s future

    Lakeland advisory board considers future development, the need for a comprehensive land use plan and how to update some of its out-of-date businesses.

    By Michael Waddell January 29, 2021
  • Real Estate

    Redesigned hotel would rise over Beale’s east end, renderings show

    Plans for a new hotel at the east end of the Beale Street entertainment district show a mostly glass-and-brick building that will house 145 guestrooms. At six stories, the building would tower over the nightclubs and restaurants.

    By Tom Bailey January 29, 2021
  • Real Estate

    Zoning variance approved for Cooper-Young project

    The Board of Adjustment approved zoning variances for a planned retail center in East Memphis, an expansion of Memphis Country Club, a retail and townhouse development in Cooper-Young, and the expansion of a funeral service on Lamar.

    By Tom Bailey January 28, 2021
  • Real Estate

    Kruger adding 27 jobs, equipment to make facial tissue

    The North Memphis plant that makes facial and bathroom tissue and other paper products will soon invest $20 million in new equipment.

    By Tom Bailey January 27, 2021
  • Real Estate

    Tillman Cove project could be mixed-use development

    The City of Memphis seeks zoning exceptions so the 219-unit Tillman Cove redevelopment can have ground-floor commercial space on Tillman, a second entrance into the neighborhood, and a maintenance building.

    By Tom Bailey January 27, 2021
  • Real Estate

    Old warehouse may provide parking for Snuff District

    Many of the Snuff District’s office workers and residents may park their vehicles inside what is now a vacant, historic warehouse at 700 N. Front. An added benefit for the mixed-use development: Fewer surface parking lots.

    By Tom Bailey January 27, 2021
  • Real Estate

    Conversions planned for E. Memphis hotel, old Sears building in Hickory Hill

    These days, hotels and department stores are struggling. Which may explain the proposed conversions of a sprawling East Memphis hotel and a former Hickory Ridge Mall Sears building.

    By Tom Bailey January 26, 2021
  • Real Estate

    Lenox Gardens in Collierville moves forward

    “This has been a project that has been somewhat difficult to develop, but we have persisted,” developer says.

    By Abigail Warren January 26, 2021
  • Transportation & Logistics

    Heights Line has a design, economic study, even a logo

    The Heights Line has advanced a few more steps toward reality. The design of the 1.75-mile path, a logo and a one-time economic impact study have been completed.

    By Tom Bailey January 26, 2021
  • Spirit of Memphis

    Engineer Harvey Marcom helped shape Memphis

    Engineer Harvey Marcom worked behind the scenes, but he played a big role for nearly six decades in forming the built environment of the Memphis area. The president of The Reaves Firm died on Saturday, Jan. 23.

    By Tom Bailey January 26, 2021
  • Real Estate

    UNIS leases additional industrial space

    The California-based company that provides logistics services to other companies will open its second fulfillment center in Memphis, bringing its total footprint in Memphis to about 600,000 square feet.

    By Tom Bailey January 25, 2021
  • Real Estate

    Demolition starts on Summer Ave. for $9M health-crisis facility

    Demolition has started to clear space for Alliance Healthcare Service’s $9 million-plus development in an economically distressed area of Summer Avenue.

    By Tom Bailey January 24, 2021
  • Real Estate

    Petland returning shopfront puppy sales to Memphis

    An online petition opposing the opening of a Petland shop in Memphis has drawn more than 21,000 digital signatures. But the daughter of Petland’s founder mounts a defense, complete with Shelby County statistics on dogs placed into homes by animal welfare organizations in Shelby County.

    By Tom Bailey January 23, 2021
  • Real Estate

    Old Chick-fil-A building being razed in Wolfchase area

    The building that for years housed the restaurant is coming down to make room for a new Sleep Number store and Aspen Dental office.

    By Tom Bailey January 22, 2021
  • Premium Real Estate

    Memphis-area industrial real estate ‘on fire’ so far in 2021

    Eight transactions for Class A industrial space, totaling 2.4 million square feet, have either been completed or are pending during the first three weeks of January, reports Cushman & Wakefield/Commercial Advisors.

    By Tom Bailey January 21, 2021

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