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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A new hotel would be welcome news to the local convention industry, which has struggled with an outdated Memphis Cook Convention Center and a shortage of hotels concentrated in the Downtown Core.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 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 0 55 1,534
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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