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Editorial Results (free)

1. Shelby County to Overhaul Criminal Justice Center -

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

2. Developers Pull $24M Permit for Midtown Market -

Midtown Market, a mixed-use project Belz Enterprises and Harbour Retail Partners are developing at the the corner of Union Avenue and McLean Boulevard, appears set to move forward soon.

Developers have filed a $24 million building permit application for the project, which appears to be in line with a scaled-back outline of the project presented to Downtown Memphis officials earlier this year. Interim Downtown Memphis Commission president Jennifer Oswalt told The Daily News, in response to the permit, the project looks headed in the same direction as plans presented to the Center City Revenue Finance Corp. and Design Review board in February, and “we are excited that it is getting started.”

3. Midtown Market Developers Pull $24M Building Permit -

Midtown Market, a mixed-use project Belz Enterprises and Harbour Retail Partners are developing at the the corner of Union Avenue and McLean Boulevard, appears set to move forward soon.

Developers have filed a $24 million building permit application for the project, which appears to be in line with a scaled-back outline of the project presented to Downtown Memphis officials earlier this year. Interim Downtown Memphis Commission president Jennifer Oswalt told The Daily News, in response to the permit, the project looks headed in the same direction as plans presented to the Center City Revenue Finance Corp. and Design Review board in February, and “we are excited that it is getting started.”

4. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

5. Last Word: Haslam Talks, Harding Consolidates and Lenoir Launches -

Tennessee Gov. Bill Haslam had a bit more to say Thursday about a possible run for the U.S. Senate seat Bob Corker is leaving than the “I love my job” quote we chronicled earlier in the week that Corker quickened the pace of with his decision on re-election. Haslam says he is giving a run for the Senate serious consideration. Meanwhile, Peyton Manning is not.

6. DHL Planning New Memphis Distribution Facility -

International shipping giant DHL Supply Chain is planning a massive new development just north of the Tennessee-Mississippi state line.

The global logistics division of Germany’s Deutsche Post DHL Group is looking to build a 580,000-square-foot distribution facility on 55 acres of vacant land east of Tchulahoma Road and west of Meltech Boulevard on the northern border of the state line.

7. Snapshot: More Midtown Apartments -

The former Artisan Hotel is being demolished as part of the $43 million Midtown Market mixed-use project being co-developed by Belz Enterprises at Union Avenue and McLean Boulevard.

...

8. Last Word: Back From Jury Duty, ASD Changes and Southern Heritage Classic Is Here -

Back from a very short-lived jury duty on a short week for the courts – criminal and civil. Even a slow week at the Criminal Justice Center is a learning experience about not only our criminal justice system but also the Constitutional framework that puts those notices in the U.S. mail and results in several hundred citizens at a time showing up in a jury assembly room after the adventure of trying to find parking Downtown.

9. The Week Ahead: Sept. 4-10 -

Hello, Memphis – and Happy Labor Day! Hopefully the promise of an exciting football season and Memphis Redbirds playoff games will help ease you back into work mode after the three-day weekend. Both are in store – along with Goat Days and much more – in The Week Ahead...

10. Last Word: Ouster History, Lake District in Foreclosure and Crosstown -

Five of the seven flags that fly on the southern tip of Mud Island River Park are folded and stored as of Thursday. The Riverfront Development Corporation took down the five flags that have flown over the turf we now call Memphis – before and since it became a city – including a version of the Confederate flag – leaving only the U.S. flag and the Tennessee flag. This was a reaction to the week-long and counting aftermath from the violence in Charlottesville.

11. Lakeland's Lake District on Hold after 'Surprise' Foreclosure Notice -

Despite unveiling a new look and layout for the proposed Lake District development at a special meeting late Thursday, developer Yehuda Netanel’s plans were put on ice by Lakeland’s Industrial Development Board. That is at least until the matter of a “surprise” foreclosure notice could be sorted out.

12. St. Jude Continuing With Expansion Plans -

St. Jude Children’s Research Hospital has filed for a $2.6 million building permit application for interior renovations on its 545 Danny Thomas Blvd. facility.

13. St. Jude Continuing With Expansion Plans -

St. Jude Children’s Research Hospital has filed for a $2.6 million building permit application for interior renovations on its 545 Danny Thomas Blvd. facility.

14. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

15. July 28-August 3, 2017: This week in Memphis history -

1975: The Peabody Hotel is sold out of receivership at auction for $400,000 – with another $140,000 for its belongings – to secret bidders through attorney Raymond Shainberg. The only other bid is $100,000 from Robert “Prince Mongo” Hodges.
Shainberg’s clients are father and son Philip and Jack Belz, who undertake a $20 million renovation and reopen the hotel in 1981. Years later, Jack Belz says he and his family expected more competition in the bidding and may have intended to quickly sell the hotel again but instead undertook the renovation.

16. Fully Loaded -

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

17. Memphis Music Initiative To Occupy Old Downtown Firehouse -

198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103

Tenant: Memphis Music Initiative

18. St. Jude Pulls $1.1M Permit For New Research Lab -

St. Jude Children’s Research Hospital has filed a $1.1 million building permit application The permit call for interior renovations to install a new nuclear magnetic resonance, or NMR, laboratory.

19. St. Jude Pulls $1.1M Permit For New Research Lab -

St. Jude Children’s Research Hospital has filed a $1.1 million building permit application. The permit calls for interior renovations to install a new nuclear magnetic resonance, or NMR, laboratory.

20. Atlanta Retail Investor Makes $29M Purchase -

In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...

21. Workplace Law Firm Signs Downtown Memphis Lease -

Constangy, Brooks, Smith & Prophete LLP, an Atlanta-based workplace law firm, has signed a 3,000-square-foot lease in the Peabody Place Office Tower in Downtown Memphis.

22. Flintco Files $25 Million Permit for ServiceMaster HQ -

150 Peabody Place
Memphis, TN 38103

Permit Amount: $25 million

Application Date: May 2017 

23. Flintco Files $25M Permit For ServiceMaster's HQ -

Contractor Flintco LLC has filed a $25 million building permit application for tenant infill at ServiceMaster’s new headquarters Downtown.

24. ServiceMaster Almost Ready for First Employees to Occupy Downtown HQ -

By mid-June the first wave of employees will move into the new ServiceMaster Global Headquarters at 150 Peabody Place, bringing to fruition what many city leaders believe is one of the biggest wins for Downtown Memphis in a decade. 

25. Flintco Files $25 Million Permit for ServiceMaster HQ -

Contractor Flintco LLC has filed a $25 million building permit application for tenant infill at ServiceMaster’s new headquarters Downtown.

26. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

27. Patton & Taylor to Receive Lifetime Achievement Award -

In 1967, the Vietnam War was in full effect, the Green Bay Packers won the first ever Super Bowl and two employees of Joyner, Heard & Jones Realtors in Memphis had the idea to start their own company.

28. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

29. ServiceMaster’s New HQ Taking Shape -

About this time last year, there was a lot of uncertainty surrounding ServiceMaster’s relocation. So when the company announced it would convert the long-vacant Peabody Place Mall into its new corporate headquarters, it sent a clear signal that, in terms of development, anything is possible these days in the Bluff City. 

30. Last Word: Tri-State Inks Move to Midtown, Main and Gayoso and 'Wise Trek' -

The open land across Union Avenue from AutoZone Park remains just that as some of it has changed hands again. Vision Hospitality buying the land that had been the location of the Greyhound bus station at Union and Hernando. Vision Memphis LLC sold to Vision Hospitality of Knoxville for $4 million, according to a warrant deed we reviewed Monday.

31. Flintco Leads Construction On ServiceMaster HQ -

Memphis-based ServiceMaster Global Holdings announced Flintco LLC will be heading up construction and renovation efforts at its new headquarters Downtown.

32. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

33. Last Word: Building a Bigger Police Force, Old Desk Calendars and Summer School -

Since the Memphis Mayor’s race of 2015 became about how best to build a larger Memphis Police Department, the discussion has always had an element of controversy to it on a larger scale than a head count of who has a badge.

34. Building Permit Application Filed for Tri-State Bank Headquarters -

A $140,000 building permit application that lists “Tri-State Bank headquarters” as the tenant has been filed with the city-county Office of Construction Code Enforcement.

35. ServiceMaster Names General Contractor for Downtown HQ -

Memphis-based ServiceMaster Global Holdings announced Flintco LLC will be heading up construction and renovation efforts at its new global headquarters in Downtown Memphis.

36. Mid-South Mayors’ Council Announces Lineup for RegionSmart Summit -

The Mid-South Mayors’ Council, an initiative of Urban Land Institute Memphis, has release the lineup for its second annual RegionSmart summit, which will be held at the Halloran Centre for Performing Arts & Education on Thursday, April 27.

37. Mid-South Mayors’ Council Announces Lineup for RegionSmart Summit -

The Mid-South Mayors’ Council, an initiative of Urban Land Institute Memphis, has release the lineup for its second annual RegionSmart summit, which will be held at the Halloran Centre for Performing Arts & Education on Thursday, April 27.

38. Panel OKs Downtown Project, Midtown Changes -

The Center City Revenue Finance Corp. approved two Downtown projects and changes for Belz Enterprises mixed-use development at Union Avenue and McLean Boulevard in Midtown on Tuesday, Feb. 14.

39. Midtown Market Developers Scale Back Plans -

The proposed Midtown Market mixed-use development at Union Avenue and McLean Boulevard has changed as its developers continue to seek financing and adjust more than a year after they unveiled the ambitious but tentative plan.

40. February 3-9, 2017: This week in Memphis history -

1997: On the front page of The Daily News, Belz Enterprises tops out the tower of its new Peabody Place office building. Scheduled to open May 1, it is first new speculative office building in Downtown since the Morgan Keegan building of the mid-1980s, more than a decade earlier. Construction on the Peabody Place mall directly south of The Peabody hotel is to begin at the end of 1997 with an opening date of 1999.

41. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

The application filed with the city-county Office of Construction Code Enforcement calls for tenant improvements on 19,088 square feet at 3570 S. Mendenhall Road.

42. Flintco Files $2.5M Permit For ServiceMaster HQ -

ServiceMaster’s much-anticipated new headquarters has taken another step forward.

Contractor Flintco Inc. has filed a $2.5 million building permit application with the city-county Office of Construction Code Enforcement for infill office space, a meeting room and public space in the former Peabody Place mall.

43. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

44. LA Fitness Eyes Collierville, Urban Village Moves Ahead -

1048 W. Poplar Ave.
Collierville, TN 38017

Sale Amount: $3.7 million

Sale Date: Jan. 5, 2017

Buyer: Fitness International LLC

45. Flintco Files $2.5M Permit For ServiceMaster HQ -

ServiceMaster’s much-anticipated new headquarters has taken another step forward.

Contractor Flintco Inc. has filed a $2.5 million building permit application with the city-county Office of Construction Code Enforcement for infill office space, a meeting room and public space in the former Peabody Place mall.

46. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

47. 2016: Not Too Many Banking Industry Surprises -

When shareholders of First Tennessee Bank’s Memphis-based parent company convened in April at the bank’s Downtown Memphis headquarters for their annual meeting, the whole thing wrapped up in about 10 minutes.

48. Last Word: ASD Changes & TNReady Scores, Fred's For Sale? and Cinnabon & Ikea -

The day after the TNReady reports cards for school districts were released, Tennessee Education Commissioner Candice McQueen was in Douglass Wednesday with word of some changes in how the Achievement School District operates.

49. Village Shops of Forest Hill Sold for $37.1 Million -

9155 U.S. Highway 72

Germantown, TN 38138

Sale Amount: $37.1 million 

Sale Date: December 2016

50. Growing Pains -

In many ways, Citizens to Preserve Overton Park v. Volpe in 1971 shaped the way Midtown Memphis looks today, so it’s only fitting that the park continues to inspire citizens to fight for what they feel is right.

51. WinterArts Raises Status of Eastgate as an Arts District -

With the successful resurrections of Broad Avenue and Crosstown to the west, one familiar East Memphis locale is hoping to reinvent its image and capture similar success.

Since it first opened in 1962, the Eastgate Shopping Center has always been more associated with retail than fine arts, but now some members of the Memphis arts community are hoping to change that.

52. The Week Ahead: December 5-11 -

Good morning, Memphis! December has arrived, which mean holiday happenings are officially underway – from tours of decked-out historic Collierville homes to shopping all things local at the Holiday Farmer’s Market. Oh, and did we mention Jerry Springer’s in town? Here’s the 411 on this week’s need-to-know events…

53. Transcript: CBU to Transform Campus, Transition to Project-Based Learning -

Christian Brothers University is not only changing the look of its campus at Central Avenue and East Parkway. Leaders of the institution are embarking on the second phase of a $70 million capital campaign that includes plans to “blow up” the university’s department of education to include Crosstown High School and the neighboring Middle College High School, extend internships to all students and to create a new library that is more than “air conditioning for books.”

54. St. Jude Planning Renovation Of Tri Delta Place -

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

55. Midtown Kroger Opens With Pedestrian Focus on Busy Union Avenue -

The carillon at Idlewild Presbyterian Church played the University of Memphis fight song Wednesday, Nov. 2, as the parking lot of the Midtown Kroger filled with cars. A block away a fire truck’s siren mixed with the church bells as the truck left the Union Avenue fire station to a call.

56. Commissioners Clash on Pot and PILOT -

A pot ordinance for unincorporated areas of Shelby County got only four votes Monday, Oct. 31, from the county commission but still advanced to second reading, and commissioners could not agree on a resolution opposing a Nov. 8 ballot question that would shift MLGW funds to the city of Memphis.

57. County Commission Split on MLGW PILOT Referendum -

Shelby County Commissioners couldn’t come up with seven votes, much less a unanimous vote, Monday. Oct. 31, on a resolution opposing the November ballot question that would change the balance of in lieu of tax payments by Memphis Light Gas and Water Division in favor of the city of Memphis.

58. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

59. Nearly 300 New Apartment Units Headed to McLean Boulevard Intersections -

Two projects planned a block apart from each other will flood the Midtown market with luxury rental units.

The area hasn’t seen new multifamily construction since The Bristol went up in 2004. Since that time, renewed interest in the urban core and high-profile projects like Overton Square have prepared Midtown for top-dollar rents.

60. Last Word: The Law & Darrius Stewart, MEMShop's Return and The Pot Debate -

The Memphis Bar Association’s Law School for Journalists is where reporters and attorneys and a few judges meet annually to talk over the issues they have with each other. And it is usually about a specific topic. This year that topic was the July 2015 police shooting of Darrius Stewart.

61. Belz Preparing Peabody Place for ServiceMaster HQ -

150 Peabody Place

Memphis, TN 38103

Permit Amount: $9.5 million

Project Cost: $27 million overall

62. Belz Pulls $9M Permit to Prepare Peabody Place for ServiceMaster -

Belz Enterprises has taken a major step in the renovation of the shuttered Peabody Place mall into ServiceMaster Global Holdings’ future headquarters.

Contractor Belz Construction Services LLC is seeking a $9.5 million building permit from the city-county Office of Construction Code Enforcement for “core & shell improvement” to the 360,000-square-foot former mall, which has stood empty since it closed to the public in 2012.

63. Council Takes Final Vote On Residency Referendum -

Memphis City Council members take a final vote Tuesday, Aug. 9, on an addition to the Nov. 8 ballot that would ask city voters to approve new residency requirements for future city employees.

The referendum ordinance is a proposal to require all city employees hired after a certain date to live in the city of Memphis. The current requirement is that city employees must live within Shelby County.

64. Left Turns Coming To Union-McLean Intersection -

The 30,000 drivers a day on the Midtown stretch of Union Avenue will be able to make left turns from Union Avenue onto McLean Boulevard starting Monday, Aug. 1.

The city of Memphis is installing the signals for eastbound and westbound traffic as a follow-up to plans for the $43 million Midtown Market development on the southwest corner of Union and McLean.

65. Left Turns at Union and McLean Debut -

Traffic signals aren’t normally an event. But then again, Union Avenue traffic can be its own event on a daily basis.

Last week in an anonymous one-story city government building in South Memphis, City Traffic Engineer Randall Tatum took reporters to a workroom in the maintenance shop dominated by traffic signal lights to show off the city’s newest equipment.

66. Left Turns Coming To Union-McLean Intersection -

The 30,000 drivers a day on the Midtown stretch of Union Avenue will be able to make left turns from Union Avenue onto McLean Boulevard starting Monday, Aug. 1.

The city of Memphis is installing the signals for eastbound and westbound traffic as a follow-up to plans for the $43 million Midtown Market development on the southwest corner of Union and McLean.

67. Methodist South to Launch ICU Renovation -

Methodist Le Bonheur Healthcare is preparing to start work on a new part of its Whitehaven hospital as part of its ongoing comprehensive renovation that’s been underway for the past couple of years.

68. Left Turns Coming to Union-McLean Intersection -

The 30,000 drivers a day on the Midtown stretch of Union Avenue will be able to make left turns from Union Avenue onto McLean Boulevard starting Aug. 1.

The city of Memphis is installing the signals for eastbound and westbound traffic as a follow-up to plans for the $43 million Midtown Market development on the southwest corner of Union and McLean.

69. Design Board Approves Peabody Place Mall Changes -

More windows for the exterior of the Peabody Place Mall and some new paint were approved Wednesday, July 6, by the Design Review Board of the Downtown Memphis Commission.

The changes are part of the move by ServiceMaster Global Holdings into the mall to make it the company’s new headquarters.

70. Design Review Board OKs Peabody Place Mall Changes -

More windows for the exterior of the Peabody Place Mall and some new paint were approved Wednesday, July 6, by the Design Review Board of the Downtown Memphis Commission.

The changes are part of the move by ServiceMaster Global Holdings into the mall to make it the company’s new headquarters.

71. The Week Ahead: July 4-10 -

Happy Fourth of July, Memphis! We hope you’re enjoying a long weekend – and if you do have to work today, we hope you’re able to sneak out early enough to watch some of the local fireworks displays tonight. Here are details on a few of them, plus other local happenings you need to know about this week…

72. ServiceMaster to Change Mall’s Exterior -

Memphis-based ServiceMaster Global Holdings Inc. and its landlord, Belz Enterprises, plan to remove the pedestrian skybridge into the Peabody Place development that crosses over Second Street and will add more than 50 new windows to the second and third levels on the Second Street side of the mall.

73. ServiceMaster Plans Different Second Street Look -

Memphis-based ServiceMaster Global Holdings Inc. and its landlord, Belz Enterprises, plan to remove the pedestrian skybridge into the Peabody Place development that crosses over Second Street. And the plans call for adding more than 50 new windows to the second and third level surfaces on the Second Street side of the mall.

74. Young Brings Data Focus to City Planning -

Want to gaze into the future? Hop into Paul Young’s Infiniti and ride around Downtown for an hour. “These three blocks will be something of a spine for the neighborhood,” he says, as a light rain falls on the windshield. “We envision five- or six-story buildings with restaurants and retail at street level, commercial and residential up top.”

75. Parking Was Key in ServiceMaster Deal -

Parking concerns for ServiceMaster Global Holdings’ move to Downtown Memphis have been resolved.

On June 14, the Downtown Parking Authority granted ServiceMaster access to the parking garage at 250 Peabody Place.

76. Last Word: ServiceMaster Details, Loflin Yard Changes and Bridge Lighting -

The ServiceMaster local incentives for the new Peabody Place headquarters have cleared the first hurdle.

That was the Center City Revenue Finance Corporation’s Tuesday meeting. It’s on to the Center City Development Corporation Wednesday and then EDGE.

77. ServiceMaster Tax Incentive Package Approved -

The Center City Revenue Finance Corp. approved a tax incentive package Tuesday, June 14, to support ServiceMaster Global Holdings’ conversion of Peabody Place mall into a multimillion-dollar headquarters.

78. Show Time -

For the first time in years, the Peabody Place mall was packed. On June 3, hundreds of ServiceMaster employees and a handful of business and government leaders ushered in One ServiceMaster Center, a multimillion-dollar headquarters for Memphis’ fourth-largest public company.

79. Last Word: ServiceMaster Incentives, Muvico Memories and the Beale Street Cover -

It looks like the conversion of Peabody Place mall to the new headquarters of ServiceMaster is a $33.3 million job. That could be a running total depending on a PILOT amendment to come.

80. City, State Incentives Lining Up For ServiceMaster's Move Downtown -

ServiceMaster Global Holdings Inc. will be getting a lot of help with its headquarters move into the vacant Peabody Place mall.

Documents obtained by The Daily News show that mall landlord Belz Enterprises will contribute $12 million to improvements to the facility while ServiceMaster will invest $14.8 million in converting the 340,000-square-foot retail center into corporate offices with open working and research spaces.

81. ServiceMaster Disrupting Its Culture With Move Downtown -

ServiceMaster is converting Peabody Place into a corporate headquarters that would rival a Silicon Valley tech outfit.

On Friday, June 3, ServiceMaster laid to rest months of speculation about whether the company would relocate to a larger city like Atlanta or Dallas. Memphis’ available Class A office space can’t currently accommodate ServiceMaster’s needs, so it looked to the retail sector for its new home.

82. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

83. EnSafe Renovating Corporate Headquarters -

Memphis-based EnSafe Inc. is making renovations to its corporate headquarters at 5720 Summer Trees Drive.

84. Omni Charter School Buys Permanent Home -

3385 Austin Peay Highway
Memphis, TN 38128

Sale Amount: $1.3 million

Sale Date: Feb. 26, 2016

85. EnSafe Renovating Corporate Headquarters -

Memphis-based EnSafe Inc. is making renovations to its corporate headquarters at 5720 Summer Trees Drive.

86. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

87. Lake District Would Put Lakeland on the Map -

Before Lakeland became a city, it was the Lakeland Amusement Park. A California-based developer is bringing back that original flair with his proposal for The Lake District, a 165-acre mixed-use development.

88. Midtown Market Project Moving Forward -

The mixed-use Midtown Market project being planned at the southwest corner of McLean Boulevard and Union Avenue is moving forward.

In a March 11 warranty deed, Nevada-based Tennvada Holdings sold the Artisan Hotel, at 1837 Union Ave., for $1.3 million, and the Towery Office Building, at 1835 Union Ave., for $870,000.

89. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

90. Midtown Market Moves Forward -

The mixed-use Midtown Market project at the southwest corner of McLean Boulevard and Union Ave. is moving forward.

In a March 11 warranty deed, Nevada-based Tennvada Holdings sold the Artisan Hotel, at 1837 Union Ave., for $1.3 million, and the Towery Office Building, at 1835 Union Ave., for $870,000.

91. Tri-State Bank Prepares For Big Year -

The way longtime Memphis banking executive Christine Munson sees it, a small community bank has to carve out a clearly defined identity for itself - something that sets it apart from the myriad competitors of similar size, with comparable products and rates - if it wants to be successful.

92. Tri-State Bank Gets Former First Tennessee Exec as CEO -

On the heels of the capital investment it recently secured from First Tennessee Bank, Tri-State Bank of Memphis now has a former First Tennessee executive as its new CEO.

93. Tri-State Bank Gets Former First Tennessee Exec as CEO -

On the heels of the capital investment it recently secured from First Tennessee Bank, Tri-State Bank of Memphis now has a former First Tennessee executive as its new CEO.

94. Tentative Agreement Emerges for Pinch Hotel -

After six months of negotiations and delays in votes by the Memphis City Council, there is an agreement for the construction of a hotel with retail space across Front Street from The Pyramid.

The council delayed a vote on the development Tuesday, Feb. 16, until the March 1 council meeting.

95. Council Debates, Forms Minority Business Committee -

Memphis City Council members debated at length Tuesday, Feb. 16, whether or not to form a committee to explore the lack of minority business growth locally.

The council ultimately voted to form an ad hoc committee tasked with coming up within three months a set of recommendations to improve city government’s contract spending with minority businesses.

96. Council Debates, Forms Minority Business Committee -

Memphis City Council members debated at length Tuesday, Feb. 16, whether or not to form a committee to explore the lack of minority business growth locally.

The council ultimately voted to form an ad hoc committee tasked with coming up within three months a set of recommendations to improve city government’s contract spending with minority businesses.

97. Memphis City Council to Get Police Body Camera Update -

Memphis City Council members are to get a timeline Tuesday, Feb. 16, on the roll out of police body cameras from Memphis Mayor Jim Strickland as well as some idea of the additional cost.

98. Midtown Memphis Ready for Apartment Building Boom -

It’s been more than a decade since new apartments were built in Midtown, and that’s poised to change in a big way with a wave of new multifamily construction stretching from Binghampton to Crosstown.

99. Last Word: Kroger Disses Clarence Saunders, Mud Island Plans and The Australians -

What is old has become new again. And judging by your reaction to Andy Meek’s story on the Kroger plans for online ordering of groceries, what is old has gone viral as well.
Here are the basics:
You order from a list of items and Kroger fills the order and has it waiting for you to pick up.
When you think about the idea of supermarkets, which originated here in Memphis with Piggly Wiggly, it’s enough to make the Piggly Wiggly founder himself, Clarence Saunders, spin in his grave.
Before he came up with the idea of taking store shelves from behind the counter and putting them out there for you to get your own stuff from them, you would tell your grocer what you wanted and he would write it down on a paper bag and get it for you, wrap it up and present it to you.
Saunders changed all of that as you know if you’ve seen the Pink Palace’s child-sized replica of a Piggly Wiggly store from the start of the 20th century.
A century later, no paper bags and you can still walk among the shelves if you wish.
Perhaps this isn’t that extreme. Maybe this is simply a swing of the pendulum, back toward the middle ground.
Saunders tried to push it even further with his Keedoozle stores that followed Piggly Wiggly. In those stores, the items were lined up in what amounted to vending machines with shoppers releasing an item from the vertical row with a key.
Here Saunders went too far. He mashed the bread.

100. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015