MEMPHIS | Development News

[arkitekte]

Originally Posted by Wayward Memphian

It's a damn shame that a local brewer hasn't gotten big enough to envision establishments like Stone has out in the San Diego area. I envision The Brewery as just that, a Brewery, albeit one that brews and serves on site as well as sell to the local market.

Yeah, although Memphis isn't necessarily the hotbed for micro breweries like a lot of other cities are. If we had a micro brewing scene similar to San Diego, Denver, or hell even Asheville then something might be done, but a full rehab of the brewery is a lot to ask. Something similar to the Brewery Untapped might work to keep it afloat as it is, but there would have to be a large scale operation there as well as steep rents to pay for any long term rehab project. Like I said earlier, the real problem is the fact that it's been able to get two months away from demolition before people try to bring attention to it instead of the 50 or so years it was sitting empty.

[DoomJ]

Originally Posted by arkitekte

Yeah, although Memphis isn't necessarily the hotbed for micro breweries like a lot of other cities are. If we had a micro brewing scene similar to San Diego, Denver, or hell even Asheville then something might be done, but a full rehab of the brewery is a lot to ask. Something similar to the Brewery Untapped might work to keep it afloat as it is, but there would have to be a large scale operation there as well as steep rents to pay for any long term rehab project. Like I said earlier, the real problem is the fact that it's been able to get two months away from demolition before people try to bring attention to it instead of the 50 or so years it was sitting empty.

There was a post on the Untapped facebook page this morning by Memphis Heritage saying there are two groups in negotiations to potentially purchase the Brewery.

We understand from the owner that there are 2 potential groups interested in the property and are in conversations/negotiations. We will keep everyone posted as soon as we have more information. We are very excited and proud of what occurred with the TN Brewery Untapped. We believe that the new role for preservation is to showcase and shine a light on other endangered properties much in the same way. This is the future of preservation as we see it. It takes forward thinkers/entrepreneurs like Taylor Berger, Michael Tauer and Andy Cates, to get involved, have a vision about what things can be and jump in. Perhaps not as large an undertaking as the Brewery but with the same enthusiasm. Stay tuned for more meetings at MHI to discuss potential projects.

Well, two is better than one, I say. Hope this works out better than the 19th Century Club fiasco.

[arkitekte]

^Just hope that Memphis Heritage and June West have nothing to do with it then. How she has the position that she does baffles me. That organization is a joke.

[DoomJ]

Originally Posted by arkitekte

I think that One Beale will keep with the two tower design. With the given space and the possible relocation of RJ, I'd think they'd want their own identity and tower that's completely separate minus parking from the residential component. I guess we'll get a better idea on the amenities when we know what the number of units is.

Yeah two towers makes more sense for that reason- I would think RJ would not need something the size of their current tower, and even though multi-family is strong right now I'm not sure you'd need a 30 story development. Even if it ends up being a twin 15-20 story development though, by virtue of the prominent elevated location, it's going to have a dramatic impact, I think, on the skyline.

[arkitekte]

Originally Posted by DoomJ

Yeah two towers makes more sense for that reason- I would think RJ would not need something the size of their current tower, and even though multi-family is strong right now I'm not sure you'd need a 30 story development. Even if it ends up being a twin 15-20 story development though, by virtue of the prominent elevated location, it's going to have a dramatic impact, I think, on the skyline.

I just went and looked at the old diagrams for One Beale when it was still to include the office space, the Hyatt Regency, and residential units and all of the residential units are in the two separate towers with the hotel, office space, and other commercial space being in what appears to be the ground level up to about level 8 or 10 or so. I was under the impression that the hotel and office space was previously on one side and that the residential units were on the other, however now that the hotel isn't being discussed and the office portion will increase, we might see a similar design. As far as the height, I'll be happy with anything over 250' or so, which I think any new design at One Beale will be well over that.

[DoomJ]

Originally Posted by arkitekte

I just went and looked at the old diagrams for One Beale when it was still to include the office space, the Hyatt Regency, and residential units and all of the residential units are in the two separate towers with the hotel, office space, and other commercial space being in what appears to be the ground level up to about level 8 or 10 or so. I was under the impression that the hotel and office space was previously on one side and that the residential units were on the other, however now that the hotel isn't being discussed and the office portion will increase, we might see a similar design. As far as the height, I'll be happy with anything over 250' or so, which I think any new design at One Beale will be well over that.

I hope you're right. If everything starts working out finally... One Beale, the Horizon, some sort of use for the Brewery site, Chisca renovation, 100 N. Main, Crosstown, Bass Pro, securing tenants for the old MK/RJ tower and One Commerce Sq.,... Things could get REALLY interesting in the Downtown real estate market in a few years.

[Huntsvillenative]

Originally Posted by Wayward Memphian

This is the casino-less San Diego Hard Rock Hotel

The red brick bottom part of the HRH-San Diego looks like it would fit right in with Beale Street's design. What I think would work more would be to build the hotel upwards to about 12-14 stories, reduce parking by having the hotel built over a 100-car parking garage, build the pool deck on top of the hotel tower. That would save on cost of construction and less congestive getting in and out if they were to go that route.

They could also include a small 500-600-seat performing theater like the Guesthouse At Graceland will have for live intimate music shows. Most HRH developments have a performing theater of some kind along with meeting space, multiple themed restaurants and retail shops.

[Huntsvillenative]

Originally Posted by MEMFLY

" and no more hotel?

Moving entirely to a new building?

I saw the article in the Bizjournal last night and there wasn't anything regarding no hotel as originally planned. The comment of "significantly changed" could mean anything. It could also mean taller and bigger than originally drawn up.

[arkitekte]

Originally Posted by Huntsvillenative

I saw the article in the Bizjournal last night and there wasn't anything regarding no hotel as originally planned. The comment of "significantly changed" could mean anything. It could also mean taller and bigger than originally drawn up.

I took the "significantly changed" comment as the addition to significantly more office space, especially with the mentioning of RJ needing new office space. I'd like to see One Beale become taller, but I'm hesitant on that happening because I doubt that RJ would want to share a tower with residential units, especially given the amount of land that Carlisle has to develop One Beale on. Originally, One Beale was to include two restaurants and a coffee shop, so I'm curious to see if those will be included in the new design. I'm not for sure if the day spa was part of the Hyatt hotel inclusion or if that was a stand alone as well, but if these residential units are being marketed as condos then that might be back; just in a smaller or different form.

[DoomJ]

Also, I finally dumped a bunch of pictures from the last several months in the City Photos section: More Memphis, 2013-2014

[arkitekte]

Thanks to Trevor for making a new One Beale thread over in the Proposals forum. I guess we can discuss One Beale related stuff over there so it's easier to reference back and keep it separate from other developments.

http://forum.skyscraperpage.com/showthread.php?t=211637

[MEMFLY]

http://www.bizjournals.com/memphis/n...for-sears.html

Grinder pulled an $82.2 million permit to restore and upgrage the existing building's shell and core, a $27.2 million permit for work on floors seven through 10 for the project's apartment component, and a $5.9 million permit to refurbish the parking garage, according to public records.

Grinder Taber & Grinder Inc. took out three public permits Tuesday with a combined value of $115.3 million to begin renovating the 1.5 million-square-foot structure and its 18 acres on North Watkins Street near North Parkway.

[DoomJ]

^Hah, beat me to it.

[memphisborn]

nice pic the red brick would be a good fit. Any ideas on who they should pursue to fill the old HR site?

[memphisborn]

Originally Posted by Huntsvillenative

The red brick bottom part of the HRH-San Diego looks like it would fit right in with Beale Street's design. What I think would work more would be to build the hotel upwards to about 12-14 stories, reduce parking by having the hotel built over a 100-car parking garage, build the pool deck on top of the hotel tower. That would save on cost of construction and less congestive getting in and out if they were to go that route.

They could also include a small 500-600-seat performing theater like the Guesthouse At Graceland will have for live intimate music shows. Most HRH developments have a performing theater of some kind along with meeting space, multiple themed restaurants and retail shops.

nice pic the red brick should fit i well with beale st. Any idea on who they are pursuing to fill the vacancy once HR moves into lansky building?

[Huntsvillenative]

Originally Posted by memphisborn

nice pic the red brick should fit i well with beale st. Any idea on who they are pursuing to fill the vacancy once HR moves into lansky building?

There's definitely enough room for a 210-250 room hotel peaking at 12-13 floors. If you go to Google Earth, type in Hard Rock Hotel, San Diego, CA then go to the street view, you will see that they built their entire hotel property around an old two-story red brick building turned restaurant and Hard Rock Cafe. That building is the same height and style of the Lansky's building-where the new Hard Rock Cafe will soon be. There's enough room to put the pool deck on top of the structure (not the tower) and enough room for outdoor meeting space for gatherings in the spring and summer time just like the one in San Diego.

Memphis NEEDS this hotel for many reasons. One being it would be right on Beale Street where there isn't a single hotel now. And, it would tie right into the downtown music scene as it's a musically-themed hotel. It's as perfect as any for Beale! Also, it would be directly across from the Elvis memorial statue on Beale. How fitting is that?!

Plus, there's three parking facilities on each corner of the proposed site. So no need to build any extra parking areas.

[arkitekte]

Originally Posted by Huntsvillenative

There's enough room to put the pool deck on top of the structure (not the tower) and enough room for outdoor meeting space for gatherings in the spring and summer time just like the one in San Diego.

That would be pretty cool, I just don't think that building could structurally support a pool deck and meeting space.

Memphis NEEDS this hotel for many reasons. One being it would be right on Beale Street where there isn't a single hotel now. And, it would tie right into the downtown music scene as it's a musically-themed hotel. It's as perfect as any for Beale! Also, it would be directly across from the Elvis memorial statue on Beale. How fitting is that?!

Plus, there's three parking facilities on each corner of the proposed site. So no need to build any extra parking areas.

I agree. A HRH would do pretty well in Memphis, especially on Beale or in that vicinity. I just don't know if downtown actually needs a new hotel (it does or at least we believe so, but numerous proposals have come and gone in the past few years). What ever came of the meetings that the City had with the Hard Rock execs?

[arkitekte]

This in theory should take care of some vacant downtown office space.

Memphis moves forward on Donnelley building
http://www.bizjournals.com/memphis/b...-building.html

The Memphis City Council heard early plans for how the city would take over control of the Donnelley J. Hill office building downtown.

The plan, presented by Housing and Community Development Director Robert Lipscomb, includes moving the Memphis Police Department, some IT services and a handful of other agencies which are currently renting offices on Union Avenue Extended.

The state, which is moving 596 employees from the Donnelley J. Hill State Office Building on Civic Center Plaza, has offered to take 400 parking spaces at 280 Peabody Place garage for 15 years in exchange for the building.

The 194,900-square-foot building has a value of up to $2.2 million and deferred maintenance costs of $18.4 million.

[zookeeper]

There does appear to be a lot happening in the last few years as opposed to the most recent recession. The concern being, "Is everyone clamoring to move to Memphis?" or does the other 98% of the bustling US economy need a place to speculate and they are making the assumption more people are going to VISIT Memphis? New jobs are Nike, Electrolux, Mitsubishi and hopefully Bass Pro but they are just treading water. Memphis needs new money as all of these infrastructure projects will implode without growth pressure. Memphis still has an incredibly high poverty rate and the money turns are very slow.

So we have RJ wanting to move out of one building and occupy 1 Beale which is not even built, we have the foreclosed property coming out of foreclosure and renting, plus the Chisca. Other movements include Sears Crosstown, and rebuilt Overton.

Possibly a Hard Rock hotel, and a Graceland hotel. These could bring some low turn money but not much.

I am not trying to say anything political but what Memphis needs to do is plan a trip to California and bring in one modern client, even as a satellite office. Can you imagine a big "Google" sign instead of the iBank sign or maybe a new "Linkedin" Convention Center. All those companies that are relocating to Texas, we just need a few......

[Wayward Memphian]

Originally Posted by zookeeper

There does appear to be a lot happening in the last few years as opposed to the most recent recession. The concern being, "Is everyone clamoring to move to Memphis?" or does the other 98% of the bustling US economy need a place to speculate and they are making the assumption more people are going to VISIT Memphis? New jobs are Nike, Electrolux, Mitsubishi and hopefully Bass Pro but they are just treading water. Memphis needs new money as all of these infrastructure projects will implode without growth pressure. Memphis still has an incredibly high poverty rate and the money turns are very slow.

So we have RJ wanting to move out of one building and occupy 1 Beale which is not even built, we have the foreclosed property coming out of foreclosure and renting, plus the Chisca. Other movements include Sears Crosstown, and rebuilt Overton.

Possibly a Hard Rock hotel, and a Graceland hotel. These could bring some low turn money but not much.

I am not trying to say anything political but what Memphis needs to do is plan a trip to California and bring in one modern client, even as a satellite office. Can you imagine a big "Google" sign instead of the iBank sign or maybe a new "Linkedin" Convention Center. All those companies that are relocating to Texas, we just need a few......

Microsoft is putting in a 1 billion plus center in West Des Moines Iowa. Companies are slowly abandoning the West Coast.

I don't get your treading water comment on the Bass Pro. I'm telling you now the retail will open this year, don't hold your breath on the rest, I will say this, it will not because of lack of money. The man dows things grand and I've said before, this isn't just another location like the Nashville and Little Rock stores. As a hunt hunter and owner of bottomland hardwoods in NEA, I am excited about the DU sponsored Waterfowl Heritage portion of the project. If it's anything like the NRA museum at the Springfield Bass Pro, it'll be very well done.