MEMPHIS | Development News

[Wayward Memphian]

Originally Posted by Jack1175

Speaking about East Memphis, has anyone seen any news if oak court mall plans to renovate in the future, it seems like a good option because of the average income that the residents in the surrounding area have and with the renovations of the shopping centers near poplar/ the development on the old Sears building which makes the mall seem even older then it is. I feel like if they cut down some trees in the parking lot for visibility and at least renovate the outside of the mall then more business would come along with new tenants, but that's just my opinion. The mall isn't that bad but it isn't that good compared too Carraige crossing, saddle Creek, Tanger Outlets etc. but if the owners invest money to keep up with the surrounding areas then the mall for sure would be much better and attract more people then it currently does.

I was in there recently, the H&M is going to take up a quarter of the space on the upper level and a big on the lower level. You all seem to have forgot to mention Oak Court getting that.
Certainly will be an eclectic mix of seemingly local businesses. The odd duck is still the Banana Republic. Wonder if H&M will shift other national retailers like Hot Topic back into the mix. With what you see across the street with the old Sears redevelopment and mix of shops in Laurelwood. Also, nearby Eastgate is getting a major redo.

[Jack1175]

Originally Posted by Johnny Ryall

Makes you wonder if they're putting their HQ2 nearby.

Permit filed for yet another Amazon facility
By Jacob Steimer – Reporter, Memphis Business Journal



https://www.bizjournals.com/memphis/...-facility.html

Could this be part of the plan to compete against FedEx and UPS tho...

[Jack1175]

-wayward memphian-
With the H&M the mall will have a new mix, but in my opinion it rly isn't a permanent fix. The mall needs a more upscale vibe on the outside or a nice mix used setting like DRG901 said, if they want to keep gaining stores and shoppers. Some nice apartments or condos would rly be nice in East Memphis and it would help the mall compete with other areas.

[Wayward Memphian]

Originally Posted by Jack1175

Could this be part of the plan to compete against FedEx and UPS tho...

Here's the deal with frieght. Amazon has in listed folks like Atlas to get their air cargo side going. They are basically contracting it out. Lots of chatter that they will place an order for their own planes but it seems that Fed Ex and UPS could tie up the duopoly of Boeing and Airbuses slots. I thought when the DC so close to the airport was announced that you'd see more of their contracted flying into MEM. The Lebanon TN DC is a good 30 miles from BNA to put it in perspective. This purchase screams a trucking terminal.

[Johnny Ryall]

I think this is the first new gaming option for Greater Memphis since the State of Arkansas legalized video slots, table & roulette games at the reenergized & expanded Southland Park dog-racing track in West Memphis.

Place your bets: Sports wagering in Tunica starts tomorrow
By Meagan Nichols – Lead Reporter, Memphis Business Journal

The Mississippi Gaming Commission approved sports betting regulations in June... MGM Resorts Int'l announced this week that Gold Strike Casino in Tunica and Beau Rivage & Casino in Biloxi will accept their first legal sports wagers Wednesday, Aug.1, at noon.

https://www.bizjournals.com/memphis/...ca-starts.html

[Johnny Ryall]

Fresh off a 12-story office tower and the buildings & parking structures keep coming...

$330 million building permit pulled for Memphis project
By Jacob Steimer – Reporter, Memphis Business Journal

A gargantuan building permit was pulled Thursday — the largest in recent history. Overall, the new St. Jude Children's Research Hospital's advanced research center is set to cost $412 Million, making it their largest ever... The 625,000 sq-ft, 8-story center was designed to help St. Jude recruit scientists & clinicians from around the world and to accelerate research on catastrophic pediatric conditions.

https://www.bizjournals.com/memphis/...r-memphis.html

image St. Jude/ ALSAC

image St. Jude/ ALSAC

[DRG901]

Shelby County Schools Closes on Bayer Building As New Central Office
Bill Dries/Memphis Daily News


Wonder how this will play out eventually with available land on Hollywood right by the Fairgrounds.

https://www.memphisdailynews.com/new...entral-office/

[Jack1175]

Lake District Takes Large Step Foward with $7.1M deal

By Greg Akers - editor in chief- MBJ

https://www.bizjournals.com/memphis/...with-7-1m.html

This week, the developer behind The Lake District finished buying the properties it needs for the project's prospective footprint in Lakeland, off of at I-40 at Canada Road. More than 132 acres of the planned 160-acre lifestyle community were acquired in this newest deal.

The project seems to be progressing fine especially with the Malco, and grocer

[James Owen]

Here is the latest on plans for a new boutique hotel at Overton Square along Cooper at what is currently a surface parking lot.

New details revealed for Overton Square hotel, including brand, possible name
By Jacob Steimer – Reporter, Memphis Business Journal

https://www.bizjournals.com/memphis/...are-hotel.html

Construction on the project is scheduled to begin by November, making way for the hotel to open in the first quarter of 2020, according to a release from Loeb.

The 109-room hotel will be part of Marriott International Inc.'s Tribute Portfolio, the release said. Tribute Portfolio hotels are designed to be bold and completely unique, according to the hospitality giant's website.

The Overton Square hotel is being designed to "match the Square’s unique architectural style with high-end finishes that incorporate local historic imagery," the release noted.

One rendering of the hotel places the name "The Memphian" on its back awning, hinting that the name will likely be chosen for the hotel. On July 5, 2018, Loeb also filed for a trademark for "The Memphian."

[James Owen]

More details along with a rendering:

Loeb Presents Renderings of New Hotel Proposed for Overton Square
Memphis Daily News

https://www.memphisdailynews.com/new...verton-square/

The yet-to-be-named hotel will rise on 1.3 acres and fill much of the surface parking lot at the northeast corner of Cooper and Trimble. The hotel will be immediately north of Hattiloo Theatre.

The hotel is designed in part to support the live performance venues of Overton Square, including Playhouse on the Square, Circuit Playhouse, Hattiloo Theatre and Ballet Memphis, and accommodate visitors from 250 miles away.

The hotel will offer both rooftop and ground-floor food and beverage service, including patio tables along the Cooper and Trimble sidewalks.

The building’s design strives to complement Overton Squares architectural styles, according to a Loeb Properties statement.

Image: The Renaissance Group / Loeb Properties

Image: The Renaissance Group / Loeb Properties

[Wayward Memphian]

Originally Posted by James Owen

More details along with a rendering:

Loeb Presents Renderings of New Hotel Proposed for Overton Square
Memphis Daily News

Image: The Renaissance Group / Loeb Properties

Image: The Renaissance Group / Loeb Properties

Like all but the stark white.

Would be a good template for expanding Beale eastward and Pinch redo but with Apts and condos.

[VSRJ]

I'm not feeling this one at all. I understand paying tribute to OS's architecture. But OS's architecture works because of its charm and history. Trying to recreate that in 2018 just looks messy and inconsistent. The upper half looks like a cookie-cutter apartment building, and the bottom half looks incredibly disjointed. I much preferred the original hotel that was proposed at Madison and Cooper a few years ago.

[DRG901]

Colonial Country Club Submits Request for Redevelopment of a Larger Tract
The Daily News

https://www.memphisdailynews.com/new...-larger-tract/


"The planned redevelopment of Colonial Country Club in Cordova has taken a major turn, including a new, deep-pocketed development partnership planning to add acreage, a mix of retail, restaurants, offices and full-service hotel.

The developers estimate they will spend $300 million, including $75 million in the first phase alone."

"The newest plan calls for 540 single-family residences on more acreage -- 118 acres. It also calls for a reduction of apartments to 250 units, a reduction of senior-living apartments to 310 units, 9 acres of office park, 16 acres for retail and restaurants, 5 acres for what would be the only full-service hotel east of the Hilton, and millions of dollars in upgrades for the project’s anchor, Colonial Country Club and its championship South Course."

[DRG901]

Originally Posted by James Owen

More details along with a rendering:

Loeb Presents Renderings of New Hotel Proposed for Overton Square
Memphis Daily News

https://www.memphisdailynews.com/new...verton-square/

Image: The Renaissance Group / Loeb Properties

Image: The Renaissance Group / Loeb Properties

I like the name The Memphian- throwback to the original name of the Circuit Playhouse a few blocks South when it was a movie theater back in the day.

I don't hate the design. It does look massive compared to the buildings around it. With the Square and other areas of Midtown making a comeback recently I've been hoping for more street level buildings and upwards construction. I do think they will have to do something about more parking around the Square- hopefully they have some kind of plan. I think I read in the past year or so Loeb bought the Burger King and Ihop on Union? Down the line I'm sure that will be redeveloped as well.

[DRG901]

https://www.bizjournals.com/memphis/...l-next-to.html

Developers set to build 26-story hotel next to City Hall

New 26 story, 550 room Loew's, 100 N Main into apartments.. an office tower on the other side at 80 N Main.


"THM and Loews' plan includes hospitality, retail, residential, office and parking uses and could total $1 billion. The office space is set to be primarily located in a new office tower at 80 North Main, just south of 100 North Main, Tisch said Tuesday."

[TheKernel91]

Originally Posted by DRG901

https://www.bizjournals.com/memphis/...l-next-to.html

Developers set to build 26-story hotel next to City Hall

New 26 story, 550 room Loew's, 100 N Main into apartments.. an office tower on the other side at 80 N Main.


"THM and Loews' plan includes hospitality, retail, residential, office and parking uses and could total $1 billion. The office space is set to be primarily located in a new office tower at 80 North Main, just south of 100 North Main, Tisch said Tuesday."

We can expect at least 2 more towers (Office/Residential) after this one. Peak behind 100 main on the first picture. Its pointing to two other towers that's different from the hotel drawing. 80 N main is showing, and a pinch of another tower. Ready to see the real detail design for this project soon.

[DRG901]

Originally Posted by TheKernel91

We can expect at least 2 more towers (Office/Residential) after this one. Peak behind 100 main on the first picture. Its pointing to two other towers that's different from the hotel drawing. 80 N main is showing, and a pinch of another tower. Ready to see the real detail design for this project soon.

I know it was mentioned the lots across Second (the homeless mission I think and also the vacant Jefferson Plaza) were mentioned as part of the overall project. Will be happy to see more info come out.

[arkitekte]

That's great to see. I'm glad that 100 N Main will be redeveloped in its current form. The proposed ballroom/convention space should also go a long way to attracting some small conferences with limited needs.

[James Owen]

Originally Posted by DRG901

I know it was mentioned the lots across Second (the homeless mission I think and also the vacant Jefferson Plaza) were mentioned as part of the overall project. Will be happy to see more info come out.

The Jefferson Plaza redevelopment should be interesting especially with it being right next door to the Tenoke Building (soon to become an Aloft hotel).

On the 100 North Main project, it looks like they're going to gut everything down to just a concrete shell and make it all glass along with the twin-tower office development.

The hotel component will probably look a lot different from what the preliminary drawings detail. Of course, looking at the footprint itself, the Fire Museum and Downtown Memphis Commission offices will have to be moved, and there is also the matter of the former police HQ building, which is slated to become a boutique hotel down the road.

[Johnny Ryall]

Incredible proposal. A redeveloped 100 N. Main (it's all about that re-cladding in glass for an international-style box), I'm assuming a redeveloped Jefferson Plaza with another parking deck (the previous one was demolished), (2) new 20+story office towers sitting on top of a 1,200-space parking deck and an additional 26-story convention center hotel. 5 towers total brought back online or constructed from the ground up. This in conjunction with the City's rehab & expansion of the Cook Convention Center along with St. Jude & Turley's 9-block redevelopment of the Pinch District and the Uptown West-tobacco factory re/development is nothing short of critical mass, a full rebirth of the north end. Let's not forget the previous $1Billion+ St. Jude's just dropped for 3 or 4 mid-rise towers & data center and the quarter-billion dollar Bass Pro Shop @ The Pyramid. Any takers on the Sterick Building or 969 Madison Ave.?

The north side of Jefferson Plaza facing Jefferson Avenue (below).

https://www.memphisdailynews.com/new...00-north-main/
photo (Memphis News/Houston Cofield)

image (Memphis News/Houston Cofield)
https://www.memphisdailynews.com/new...00-north-main/