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VOL. 128 | NO. 246 | Wednesday, December 18, 2013

New Hilton Garden Inn Planned for Downtown

By Amos Maki

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Memphis could be getting a new hotel at a prime Downtown location.

Turkey Creek Hospitality has signed a licensing agreement with Hilton Worldwide to develop a 140-room Hilton Garden Inn at 235 Union Ave., the site of a former structured parking facility at the corner of Union and Fourth Street. Knoxville-based Turkey Creek Hospitality would own and operate the new hotel.

According to Shelby County property records, Nitinkumar Patel purchased the property in September for $1.4 million. The Shelby County Assessor of Property’s 2013 appraisal of the site is $747,200.

A new hotel would be welcome news to the local convention industry, which has struggled with an outdated Memphis Cook Convention Center and a shortage of hotels concentrated in the Downtown Core.

However, two planned Downtown hotels announced in recent years – both Hilton brands – were never built. Hilton announced agreements to build a 118-room Hilton Garden Inn at Second Street and Linden Avenue, and a 300-room Hilton at Fourth and Linden, but neither project materialized.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 114 11,552
MORTGAGES 100 142 15,121
FORECLOSURE NOTICES 47 47 2,958
BUILDING PERMITS 198 392 27,646
BANKRUPTCIES 60 128 11,090
BUSINESS LICENSES 19 37 4,075
UTILITY CONNECTIONS 120 323 16,809
MARRIAGE LICENSES 21 43 3,507

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