MEMPHIS | Development News

[DRG901]

[QUOTE=TheKernel91;8340641]

Originally Posted by DRG901

Midtown has plenty room. East Memphis...near Poplar areas are tight. If East Memphis wasn't developed and established then Memphis would be having those proposals thrown at them.

The thing is, existing properties would have to sell to developers (which has happened already) to bring the magnitude of those type of projects into the East. I can see a few random high rises happen, before a huge mixed used project for East Memphis.

On a side note Cordova area has "embraced" mixed use projects. Parkside at Shelby Farms, Dwell at Shelby farms, and the massive project at the old Cordova country club

True. Interested to see how they all pan out along with the Lake District in Lakeland.

[DRG901]

Changes coming to Poplar Plaza, Memphis' first shopping center
Tom Bailey/ The Daily Memphian/ Oct 10, 2018

Interestingly enough..

"The 67-year-old Poplar Plaza is marketing some of its most high-profile space – at the busy corner of Poplar and Highland – for second-floor retail. Such upper-floor shopping – in this case, above the ground floor where Spin Street Music closed earlier this year – is more commonly seen in cities like New York or Chicago.
The center is also promoting itself now for a mix of uses, including office or possibly even residential tenants."

"The types of users for the ground-floor, old Spin Street space could range from stores to restaurants to brew pubs, he said."

For upstairs, “retail is still a bit of an uphill battle,’’ Brommer said. “I do think though, with the visibility of our 15,000 square feet on the ground floor, that might be a game-changer. We might be able to get a retailer leased over the Spin Street space. Also, we’re looking at mixed-use with a consultant,’’ he said, adding that the mix could include residential and office tenants."

We’ve got a lot of anchor-tenant nationals,’’ Brommer said. “What we think we’re lacking is some local flavor. Local restaurants and retailers that weren’t necessarily around 20 years ago. We just want to put them in the tenant mix; we think that might help.’’

"Local restaurants and stores can be so heavily visited that they help draw traffic for the entire center.
The Overton Square entertainment district is a strong example of a commercial center embracing local businesses, Brommer said. “Memphians embrace the Square.’’


https://dailymemphian.com/section/bu...hopping-center

[Wayward Memphian]

Originally Posted by Johnny Ryall

Big things continue happening with the regional expressway & major highway systems in the northern Memphis region. In addition to I-69 Segment 8 receiving partial funding (red segment on map below), the whole of I-269 is almost complete (which the article seems to gloss over ???), I-555 continues to grow northwest along U.S.Hwy.63 towards an eventual junction with U.S.Hwy.67 (future I-57) and Austin Peay-Hwy.14 is being upgraded to a divided 4-lane from the Memphis line all the way to TN-Hwy.59 & 54 in Tipton County just east of Covington. Other established major highways to the north & north east that will connect to I-69 are, of course, I-55 & U.S.Hwy.51 (both at Memphis AND once again via the I-155 spur at Dyersburg, TN), U.S.Hwy.412 (via I-40 at Jackson, TN), U.S.Hwy.45/45E (via I-40 at Jackson, TN) and U.S.Hwy.641 (via I-40 and/or U.S.Hwy.79 at Paris, TN). U.S.Hwy.79 continues further in a northeast direction.

Indiana still hopes to get closer to Memphis via I-69 | Opinion
David W. Griffith, Guest columnist/ The Commercial Appeal



story - https://www.commercialappeal.com/sto...on/1142257002/
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image Minden Press-Herald http://press-herald.com/

image Minden Press-Herald http://press-herald.com/

I haven't expressed my opinions in a while, so here goes.

I hope to live long enough to see I-69 done but I got issues with some of it.

First and most important, a new I-69 bridge for crossing the Mississippi is absolutely not needed. There is a newer bridge just down stream from where this is to cross that can be used. This is just billions to be wasted. They need to drop the alignment down and make the US82/US 278 bridge the I-69 bridge. That money should be spent on getting I-69 done across South Arkansas, West Mississippi AND to extend I-530 to near Monroe LA. Arkansas wants US 65 to be part of an extension of I-57, this could make that happen all the down to Alexandra and even Lake Charles of they extend it down I-530 as well. But...more importantly it makes (along with I-69) two interstate routes that follows the river on each side when combined with I-55.

Any new bridge should be in the Memphis area. Hell, there should be two. One that connects I-40 just weat of West Memphis at Lehi to I-69 to Tunica. This could get thru truck traffic using I-55 around and out of Memphis and also allow for the needed Harrihan Bridge improvements. It would also better connect the intermodal facility in Arkansas to the DC areas in North MS and South Memphis.

I would propose a second bridge to connect the I-55/I-555 junction in Arkansas to the I-69/I-269 Junction on Millington to make a complete loop of Memphis.

This would give the greater Memphis area two new, hopefully better equipped bridges to handle seismic events and really open up the Arkansas side for greater economic growth as it eliminates the I-40/I-55 bottleneck and provides improved traffic flow for Memphis.

I'd go farther in pushing for I-22 to be extended to Tulsa using I-555 and upgrading US 412 across Northern Arkansas. All of this decreases the crush on I-40 between Memphis and LIttle Rock and opens up much better traffic flows to places like Northwest Arkansas, Springfield MO and Kansas City and Denver.

[Johnny Ryall]

Renovation underway for colorful Dermon Building
By Tom Bailey/ The Daily Memphian

The 10-story building’s dark-brown brick is set off by glazed terra cotta trim of yellow, green and white. “We have nothing to say right now,’’ said a man who answered the phone listed for owner Amit Patel. His Dermon Capital Group bought the 93-year-old building in January 2016 for $1.5 million. At the time, Patel’s real estate agent, Chris Garland, told The Daily News that the Dermon would be gutted and turned into a hotel. By this August, however, Garland was not so sure. He said he had heard that apartments were being considered as well.

story - https://dailymemphian.com/section/bu...ermon-Building

photo (Houston Cofield/Daily Memphian)

photo (Houston Cofield/Daily Memphian)

story - https://dailymemphian.com/section/bu...ermon-Building

[JroxJrox]

I drove past there today. If you drive up from the rear of the building you would be amazed how much work have been done. It looks like its almost gutted out. The Tenoke building (New Aloft Hotel) in the same vicinity is in full swing. The inside is empty and now they have began work on the outside. They have scaffolding all the way to the top and you can see the workers getting it ready.

[Johnny Ryall]

Originally Posted by Wayward Memphian

I haven't pishes my opinions in a while, so here goes...

Interesting thoughts on the subject. I could definitely agree with more bridges in Memphis/ Big Shelby. Especially with creating a western loop around West Memphis.

Last section of I-269 set to open Oct. 26, completing new loop around Memphis
By Wayne Risher/ The Daily Memphian

I-269’s 25 miles in Mississippi cost $640 million to build starting in 2011. An uninterrupted interstate from Tunica to I-55 to Interstate 40 in Tennessee has powerful implications for the region’s economy, Tagert said. “That’s very meaningful when you think about manufacturing, warehousing and logistics,” Tagert said. It also will make local roads safer and reduce wear and tear on roads associated with larger trucks.

https://dailymemphian.com/section/bu...around-Memphis

[Wayward Memphian]

Originally Posted by Johnny Ryall

Interesting thoughts on the subject. I could definitely agree with more bridges in Memphis/ Big Shelby. Especially with creating a western loop around West Memphis.

Last section of I-269 set to open Oct. 26, completing new loop around Memphis
By Wayne Risher/ The Daily Memphian



https://dailymemphian.com/section/bu...around-Memphis

Another thought is to move the alignment up to Helena and replace to old bridge there. Arkansas 1 from Forrest City to just outside Helena is a 4 lane divided that could be upgraded to expressway standards to connect this with I-40. This would be what O would consider an eventual second outer ring around Memphis.

US 412 from Paragould AR to I-155

I-155 to Dyersburg TN

US 412 to Jackson TN

US 45 from Jackson TN to Tupelo

US 278 from Tupelo MS to Batesville MS

New expressway from Batesville MS to this new Bridge at Helena

Upgraded Ark 1 from Helena AR to I-40 at Forrest City AR then on to US 64 at Wynne AR

Upgraded/Widened US 64 from Wynne to Bald Knob

US 65(Future I-57) To US 412(my proposed I-22 extention)at Walnut Ridge.

[DRG901]

City Council to consider Overton Square hotel back-up plan
By Bill Dries/Daily Memphian Updated: October 22, 2018 12:54 PM CT

Interesting.

"Plans for a hotel at Overton Square would include some acreage for stacked townhomes or apartment buildings if the Memphis City Council approves an amended version of the hotel plan on Tuesday."

"The amendment would allow for a back-up plan for the townhouses or apartments on 3.36 acres that is now a surface parking lot on the southwest corner of Cooper and Trimble. The back-up plan might come into play if the developers don’t get financing for the full-service hotel or decide not to build it."

https://dailymemphian.com/section/me...l-back-up-plan

[VSRJ]

^ Honestly, I hope they don't build it. It's a hideous design.

[Wayward Memphian]

O&D at MEM continues to grow, the two busiest enplanement days of the year happened this OCT. AA is increasing Miami and DC frequencies. Come January, MEM will have 4 daily weekday nonstops to DCA on AA. Shocked they have not added Nonstops to LAX yet but i'm hopeful we see it in 2019. I wouldn't get my hopes up for AA and JFK though, seems they are building up PHL for TATL travel while reducing JFK.

Jet Blue is missing the boat on FLL and BOS IMO.

United and SFO as well. That is tricky, it would take a mainline a319 to do it as I don't think they have a regional with the legs to do it. If they do, it would be the longest regional flight they'd offer.

[arkitekte]

Originally Posted by VSRJ

^ Honestly, I hope they don't build it. It's a hideous design.

I agree.

[DRG901]

Updates on the new Malco downtown w/photos:



Malco Downtown Memphis movie theater nears completion
John Beifuss, Memphis Commercial AppealPublished 6:00 a.m. CT Oct. 26, 2018

https://www.commercialappeal.com/sto...on/1750977002/

[Johnny Ryall]

MDoT graphic does not include Nashville's new I-840, I-555 to Jonesboro or completed segments of I-69 between Dyersburg & Kentucky.

Interstate 269 opens to traffic, linking Hernando to I-40, Millington
By Wayne Risher/ Daily Memphian

...completion of the last 9-mile section of a 25-mile, $640 million interstate that runs from Interstate 55/69 at Hernando east by northeast to the Tennessee state line near Byhalia... Coupled with I-69 from Tunica to Hernando, which opened 12 years ago, and Tennessee 385 in Shelby County, it completes a four-lane, controlled access route skirting the east side of Memphis. The loop from Hernando to Millington is about 60 miles... A Mississippi River crossing for I-69 is planned near Benoit in Bolivar County.

story - https://www.dailymemphian.com/sectio...-40-Millington

Graphic courtesy of Mississippi Department of Transportation

Graphic courtesy of Mississippi Department of Transportation

story - https://www.dailymemphian.com/sectio...-40-Millington

[Chris Warren]

Cook Convention Center Rebid



The Daily Memphian:

The rebidding of the renovation of the Memphis Cook Convention Center has come in below the $175 million the city has to spend on the project.

Three contractors: Roy Anderson Corp., Grinder Taber & Grinder and W.G. Yates and Son submitted bids which were opened Thursday.

The bid will be awarded to a single contractor on Nov. 8 with a Nov. 16 notice to start construction, which will be in phases as the convention center continues to hold events. The renovations are to be substantially complete by Aug. 17, 2020 with more break-out meeting space, better load-in facilities and an exterior that includes views of the Mississippi River and Wolf River Harbor.

link:https://www.dailymemphian.com/articl...million-target

[Chris Warren]

I-269 on Google Maps makes the city look Big

[Wayward Memphian]

Originally Posted by DRG901

Updates on the new Malco downtown w/photos:



Malco Downtown Memphis movie theater nears completion
John Beifuss, Memphis Commercial AppealPublished 6:00 a.m. CT Oct. 26, 2018

https://www.commercialappeal.com/sto...on/1750977002/

I was looking forward to seeing a modern interpretation of a movie theater with mezzanine seating, oh well.

I think the concept of open air movies kinda like a drive in but with tables instead of cars is a novel and possibly neat idea that could be highly successful or fail spectacularly

[Wayward Memphian]

Looks like the casino measure passed in Arkansas. I thought it was highly problematic and favored the existing gaming outlets too much but it opens the door for the legislature to expand I guess. The former indigenous tribes will be keen on buy up some ancestral land and push for gaming as well. The Quapaw are first ones to watch. I wished the measure broke Arkansas down into zones with a set amount of permits to entice bidding proposals to seek the best one for each zone plus a clause that allowed gaming halls for ambitious historic preservation or redevelopment of former properties meeting historic guidelines for Hot Springs downtown. The Arkansas area just south of Branson screams for a casino possibly tied into Mr. Bass Pro's resort empire.

Southland looks to build a hotel tower now, hints of at least a 200 million hotel/conference center have been floated.

This will whack Tunica hard especially if Arkansas goes down the sports book road as well.

I really wish Oaklawn would push for a fall meet and inclusion in the Breeders Cup. It's been talked about before.

[Johnny Ryall]

With casinos approved, convention center hotel could be headed to West Memphis
By Mary Cashiola – Managing Editor, Memphis Business Journal

"The Arkansas Casino Gaming Amendment of 2018" will allow casinos in four Arkansas counties: Crittenden, Garland, Pope, and Jefferson... According to Talk Business & Politics, the parent company of West Memphis' Southland Park Gaming & Racing will build a $200 Million hotel and convention center, likely on its current campus.

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

[TheKernel91]

Im guessing a $200M hotel would build about 8 stories, and maybe 200 rooms. Would be a great asset for West Memphis gaming. I'm sure the hotel lobby would have some slots and tables.

[DRG901]

New Plan Reboots Marine Hospital
Posted By Toby Sells on Wed, Nov 7, 2018 at 12:25 PM


"The plan would create 71 market-rate apartments with a pool, covered parking, courtyards, water features, fallout shelter, bike-care facilities, common areas, and a pet-washing station."

https://www.memphisflyer.com/NewsBlo...arine-hospital