» 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. 132 | NO. 223 | Thursday, November 9, 2017

Court Square Sleep Inn to Rebrand, Undergo $3M in Renovations

By Patrick Lantrip

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

(Summit Management Corp.) 

Summit Management Corporation, the owners of the Sleep Inn at Court Square, announced they will convert their 40 N. Front St. location in to a Moxy Hotel – a Marriott International Inc. “experiential” hotel brand.

Moxy Memphis Downtown, which is set to open in early 2018, will undergo a complete renovation this winter that is expected to cost around $3 million.

“Known for its grit, boldness and knack for being distinctive, Moxy Memphis Downtown will be in walkable distance to the authentic sights, sounds and flavors of Memphis,” Summit Management Corporation founder and president Greg Averbuch said in a release. “Just as Memphis set the stage as the birthplace of rock ‘n’ roll, Moxy is breaking the mold in the hotel industry. We’re excited that this concept is designed with both travelers and local residents in mind, and we’re proud to bring this fun new international brand to Downtown Memphis.”

Once open, the118-room hotel designed by Bounds and Gillespie Architects and Manuel Zeitlin Architects will offer in-room internet TV featuring Netflix, YouTube, Hulu, Bluetooth streaming, Pandora and Crackle, ample power and USB outlets, and free Wi-Fi.

Originally launched in Milan, Italy in 2014, there are currently 16 Moxy Hotels in Europe, North America and Asia.

Moxy is also expected to open hotels in Amsterdam, Chicago, Minneapolis, Tokyo, Washington, D.C., and Nashville in 2018.

Summit Management Corporation said they are also in the process of seeking an exterior improvement grant from the Downtown Memphis Commission for the project.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 51 328 20,960
MORTGAGES 58 387 24,132
FORECLOSURE NOTICES 6 54 3,101
BUILDING PERMITS 170 842 43,435
BANKRUPTCIES 50 288 13,468
BUSINESS LICENSES 34 90 6,712
UTILITY CONNECTIONS 16 110 7,899
MARRIAGE LICENSES 32 91 4,734