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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A new hotel would be welcome news to the local convention industry, which has struggled with an outdated Memphis Cook Convention Center and a shortage of hotels concentrated in the Downtown Core.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 98 376 10,434
MORTGAGES 124 449 13,881
FORECLOSURE NOTICES 14 56 2,766
BUILDING PERMITS 196 798 23,420
BANKRUPTCIES 68 264 8,803
BUSINESS LICENSES 24 77 3,613
UTILITY CONNECTIONS 251 637 13,380
MARRIAGE LICENSES 21 93 3,117

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