The Downtown Memphis Commission is proposing a comprehensive solution to parking and pedestrian shortcomings.

Memphis hotel occupancy hit bottom at 31% in April before rebounding, while Downtown’s low point was 14.7% occupied in April, STR found.

First come, first served: The first 100 units at the The Landing at One Beale are nearly complete and can be pre-leased by apartment hunters willing to commit based on information and images at landingresidences.com. In-person tours are still a few weeks away.

Ralph Lauren model Tyson Beckford is friends with the Memphis-born architect for the proposed $180 million high-rise in the Pinch District. The Beckford Hotel would reflect Beckford’s image, described as: “Where sophistication meets chic.”

The street has been closed between Poplar and Jackson avenues since October 2019.

The Memphis River Parks Partnership presents a schematic design for Tom Lee Park on Riverside Drive in Downtown Memphis. 

Related: Q&A on the latest Tom Lee Park changes.

The “Open on Main” initiative has won a Pinnacle Award from the International Downtown Association. 

Ron Hovsepian didn’t bring Indigo Ag’s big North American commercial headquarters to Memphis, but he’s already spoken with the mayor and governor to reaffirm the startup’s “enthusiasm” for the city.

The design by LRK Architects for adaptive reuse of the historic warehouse that once housed Spaghetti Warehouse adds a prominent front porch, monumental glass entry and lots of windows.

Memphis-based ServiceMaster has completed a $1.55 billion sale of its non-pest control brands. 

Related story: 
“ServiceMaster CEO new to bug biz, but service industry pro”

Carlisle Development had planned to preserve the most ornate part of the historic 7 Vance building as part of a plan to build 200-plus apartments there. 

Managers of the new, four-story apartment building at 138 Huling are leasing the 68 units in the South Main District. 

Terminix Global Holdings Inc. will be the official new name of the Memphis-based company previously known as ServiceMaster. The stock exchange ticker also will change to TMX.

Despite being hurt by COVID-19, Varsity Spirit announced Wednesday it has signed a lease for 65,000 square feet for its new headquarters at the American Snuff Factory mixed-use development.

The 174-room luxury hotel — filled with design touches that are inspired by Memphis history and culture — helps anchor one of the city's most prominent intersections. 

The Hospitality Hub Plaza will offer the homeless three bathrooms, water, shade, lockers, USB receptacles, Downtown skyline views and an open, gentle invitation to receive support.

Iron Tribe Fitness proposes to erect a wall-mounted sign on the roof line of the former Gibson Guitar plant where it will be a tenant in the new FedEx Logistics headquarters building.

ServiceMaster Global Holdings Inc. approves equity retention awards valued at $1 million apiece for the presidents of Terminix Residential and Terminix Commercial.

Start Co. and developers of The Walk on Union describe Catalyst30 as a sped-up effort to achieve in 10 years what normally would take 20 years: Make Memphis a "digital city."

Union Row's new name reflects Downtown’s walkability, emphasizes action over talk (walking the walk), and focuses on people, the developer says.

Construction is to start next week on the $1 million Phase I. The sunken, two-block-long former rail spur will become a space for gathering, entertainment, dining, playing and shopping in the Edge District.

Developers cite the economic effects of the pandemic in seeking different and new tax incentives. The first phase of the development is estimated to cost $741 million.

Among the terms of the grant, applicants must make a “best faith effort” to reach out to minority- and women-owned business enterprises (MWBEs) for consulting/contracting opportunities.

Owners have spent nearly $11 million building Grind City Brewery Co. near Uptown. They are frustrated that the taproom's opening has been delayed for months while they wait for MLGW to move a power pole from the middle of the access drive. 

The proposed "Pre-Development Assistance Grant" would provide up to $5,000 for such costs as marketing studies, architecture, engineering and environmental assessments.