» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
TDN Services
Research millions of people and properties [+]
Monitor any person, property or company [+]

Skip Navigation LinksHome >
VOL. 131 | NO. 128 | Tuesday, June 28, 2016

ServiceMaster Plans Different Second Street Look

By Bill Dries

Print | Front Page | Email this story | Email reporter | Comments ()

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.

The exterior brickwork will also get a painting with the color selection to be decided on later.

Those are all details of the Peabody Place renovation application that goes to the Design Review Board of the Downtown Memphis Commission at the board's July 6 meeting.

Meanwhile, ServiceMaster’s American Home Shield division announced Monday evening that it has acquired OneGuard Home Warranties, a Phoenix-based competitor, which expands American Home Shield’s presence in Arizona, Texas and Nevada.

OneGuard has 125 employees, most at its headquarters in Phoenix. OneGuard will retain its 26-year old brand as well as its leadership team in the acquisition.

American Home Shield, a home warranty business, last acquired HSA Home Warranty, of Madison, Wisconsin, in 2014.

The Design Review Board application offers more detail of ServiceMaster’s move to convert the one-time Downtown shopping mall into the corporation’s new headquarters.

The headquarters will include a campus-like setting indoors as well as a technology and innovation center in the space at Peabody Place and B.B. King Boulevard that was once Tower Records.

Some of the 360,000 square feet will also be retail space controlled by Belz, including some retail space at the street level on Second Street.

Removing the skybridge is the only significant change to the exterior thus far, Signage requests for the property are not yet before the board and are not detailed in the application released Monday.

“A welcome change associated with this project will be the introduction of new windows in space that was previously blank wall area,” the DRB staff report says of the new windows on the upper levels to have an anodized aluminum finish. “Staff recommends approval with the condition that all ground-floor windows and storefront glass be clear and transparent.”

Another 20 new windows are planned for the Peabody Place and B.B. King Boulevard sides of the structure as well as the north elevation that faces the Peabody hotel.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 157 157 10,093
MORTGAGES 161 161 11,107
FORECLOSURE NOTICES 0 0 1,301
BUILDING PERMITS 229 229 22,402
BANKRUPTCIES 54 54 6,365
BUSINESS LICENSES 18 18 4,099
UTILITY CONNECTIONS 29 29 3,048
MARRIAGE LICENSES 21 21 2,147