“You can feel the momentum in Memphis,” Mayor Jim Strickland said during his opening remarks at the groundbreaking of Arrive Hotel’s newest location.

2. CCRFC Approves Change In Wessman Hotel Project - Saturday, April 14, 2018

The Center City Revenue Finance Corp. has approved a change in the development team planning an Arrive Hotel in the former Memphis College of Art graduate school, 477 S. Main St., and granted an extension on the time the owners have to close on the project.

3. CCRFC Approves Change In Wessman Hotel Project - Thursday, April 12, 2018

The Center City Revenue Finance Corp. has approved a change in the development team planning an Arrive Hotel in the former Memphis College of Art graduate school, 477 S. Main St., and granted an extension on the time the owners have to close on the project.

4. New Details on Downtown Hotel, Clark Tower Lands Another Tenant - Monday, April 9, 2018

477 S. Main St.
Memphis, TN 38103

Application Date: April 10

Owner: South Main Hotel LLC

5. Two Downtown Hotel Projects Moving Forward After Delay - Thursday, April 5, 2018

Two Downtown Memphis hotel projects that were seemingly in stasis appear to moving forward.

Though unrelated, both projects have filed paperwork indicating physical progress may soon be around the corner.

6. Memphis Receives First Check From Airbnb - Thursday, August 31, 2017

Nationally and in Memphis, the hotel room supply, room demand, occupancy rate and average daily room rate were all on the rise year-to-date through July, pointing to a healthy market overall.

That’s according to information compiled by STR presented at the Southern Lodging Summit Wednesday morning, Aug. 30, at the Cook Convention Center in Memphis. The Southern Lodging Summit is an annual event hosted by Pinkowski & Co. and the Metropolitan Memphis Hotel and Lodging Association.

7. Permit Filed for Boutique Arrive Hotel Downtown - Thursday, February 9, 2017

477 S. Main St.
Memphis, TN 38103 

Permit Amount: $5.3 million

Application Date: February 2017

Completion: 2018

8. Last Word: Council Day, Strickland on Immigration and Super Bowl Ad Review - Tuesday, February 7, 2017

Just when the Shelby County Commission seems to settle into a rhythm of short, concise meetings, along comes a relatively smallish grant for a free condom distribution program locally. And the commission chambers are packed.

9. Developers Request to Amend Downtown Hotel Project - Tuesday, February 7, 2017

Memphis City Council members will consider an amendment Tuesday, Feb. 7, to plans for a 150-room hotel on the northwest corner of Madison Avenue and B.B. King Boulevard.

The change by Wessman Holdings LLC for the Leader Federal Bank building and the two-story building next to it on the corner would add a new nine-story building past the corner on the B.B. King side.

10. Downtown Hotel Moves Closer To Reality with Building Permit - Monday, February 6, 2017

A new boutique hotel slated to open on South Main is taking a big step forward.

Montgomery Martin Contractors filed a $5.3 million permit for renovations to the former Memphis College of Art graduate school at 477 S. Main St.

11. Downtown May Get New 12-Story Boutique Hotel - Wednesday, November 9, 2016

A plan to redevelop the former Tenoke Building into a hotel may be revived several years after a similar idea for the vacant Downtown office high-rise fell through.

Vibrant Hotels Inc., an affiliate of Batesville, Mississippi-based development company JVD Enterprises, is seeking a special use permit that would allow the conversion of the century-old Tenoke, located at 161 Jefferson Ave., and the adjacent one-story office at 191 Jefferson Ave. into an “upper-brand franchised full-service hotel,” according to an application filed with the city-county Office of Planning and Development in August.

12. Hotel Developer Closes On MCA Grad School - Saturday, October 15, 2016

A California-based investor has closed on his purchase of the former Memphis College of Art graduate school at 477 S. Main St.

As The Daily News previously reported, Wessman Holdings LLC plans to turn the former Nesin Graduate School into an Arrive hotel.

13. Southeast Memphis Portfolio Sells for $23.6 Million - Thursday, October 13, 2016

Multiple Properties

Memphis, TN 38118

Sale Amount: $23.6 million

Sale Date: Sept. 27, 2016

14. Hotel Developer Closes On MCA Grad School - Wednesday, October 12, 2016

A California-based investor has closed on his purchase of the former Memphis College of Art graduate school at 477 S. Main St.

15. Two More Boutique Hotels to Arrive Soon - Thursday, October 6, 2016

An out-of-town developer with one hotel planned for the Downtown market has purchased the former Memphis College of Art graduate school at 477 South Main for another hotel.

California-based Wessman Holdings was attracted to Downtown’s growth of boutique hotels and abundance of vacant buildings, said principal John Wessman.

16. Bank Building Set To Become Boutique Hotel - Thursday, July 21, 2016

158 Madison Ave.
Memphis, TN 38103

Sale Amount: $1.1 million

Sale Date: June 13, 2016

Buyer: Wessman Holdings

17. Last Word: The Greensward Deal, Pulpit to Protest Call and Leader Federal's HQ - Tuesday, July 19, 2016

There is nothing quite like a deadline to produce results.

I’m not talking about this job, although it is more than a coincidence that the closer a deadline gets the more you start to figure out how to write something.

18. Boutique Hotel Planned For Downtown Bank Building - Tuesday, July 19, 2016

The former Leader Federal headquarters will be converted into a boutique hotel.

Wessman Holdings, an out-of-town group, purchased the property at 158 Madison Ave. from 158 Madison LLC for $1.1 million, according to a June 13 warranty deed. The five-floor building was built in 1961 and bears more than 62,000 square feet.