MEMPHIS | Development News - Page 240

Johnny Ryall · #**4781** Posted **Jul 26, 2018, 4:55 AM**

Memphian hopes to convert Cooper Young church with Johnny Cash history into apts, events venue
By Jacob Steimer – Reporter, Memphis Business Journal

Quote:

The Cooper Young church where Johnny Cash was first paid to perform could soon be transformed into 34 apartment units.

https://www.bizjournals.com/memphis/...urch-with.html

Johnny Ryall · #**4782** Posted **Jul 26, 2018, 5:00 AM**

Bump.

Carlisle to Partner with Highwoods, Hyatt on One Beale
Construction to Begin in January
By Patrick Lantrip/ Memphis Daily News

Quote:

Carlisle also announced several development partners for the $225 million mixed-use project that will span 5.5 acres near where Beale Street meets the Mississippi River. For the hotel portion of the development, Carlisle will partner with Hyatt Hotels Corp. to build a four-star, 227-key Hyatt Centric hotel. Carlisle said a portion of the historic Ellis Machine Shop building at 245 S. Front St. will be used for the hotel’s 15,000-square-foot conference and meeting space. Hyatt will own 50 percent of the hotel and has agreed to operate the hotel through a long-term management agreement. Additionally, Carlisle will develop and manage a 227-unit residential apartment building that will have 15,000 square feet of office space and roughly 10,000 square feet of restaurant space as a part of the project’s first phase, which will carry a $130 million price tag. Carlisle will partner with marquee Memphis chefs Andy Ticer and Michael Hudman for the riverfront restaurant concept. The pair previously partnered with Carlisle in the nearby Chisca building where they opened a Catherine and Mary’s. “Over 14 years, a lot of pieces have come together to make this happen,” Carlisle said. Also in phase one are plans for a 475-space parking garage that will begin construction in January along with the multifamily and hotel portions of the development.

https://www.memphisdailynews.com/new...-on-one-beale/

image (Submitted)

https://www.memphisdailynews.com/new...-on-one-beale/

Johnny Ryall · #**4783** Posted **Jul 27, 2018, 12:43 AM**

Vacant Cordova car wash to be transformed into Japanese deli, retail center
By Jacob Steimer – Reporter, Memphis Business Journal

Quote:

A Japanese deli and at least two other retail tenants are set to occupy a long-vacant Cordova building constructed as a car wash.

https://www.bizjournals.com/memphis/...rmed-into.html

rendering Courtesy S Berry Jones - Architects

https://www.bizjournals.com/memphis/...rmed-into.html

Johnny Ryall · #**4784** Posted **Jul 27, 2018, 1:25 AM**

Airport will issue up to $200M in bonds for massive project
By Mary Cashiola – Managing Editor, Memphis Business Journal

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

rendering MSCAA

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

Johnny Ryall · #**4785** Posted **Jul 27, 2018, 1:44 AM**

Some potentially big projects brewing in East Memphis. A few of these lots are prime realestate for large office development.

Poplar Corridor TIF Gets First Greenlight
By Patrick Lantrip/ Memphis Daily News

Quote:

The nonprofit Poplar Corridor Business District Association, which applied for the TIF designation, wants to facilitate several projects within the Poplar Corridor Business District, including a mixed-use development consisting of office, retail and a hotel on Briarcrest Avenue; an office development on International Place; an office development at 860 Ridge Lake Blvd.; a senior living apartment development at 6300 Briarcrest Ave.; and a mixed-use development consisting of office, retail and hotel at 5900 Poplar Ave, according to the documents submitted to EDGE. “This area contains the largest concentration of Class A office (space) in our region,” Highwoods vice president Steve Guinn said.

https://www.memphisdailynews.com/new...st-greenlight/

image EDGE

https://www.memphisdailynews.com/new...st-greenlight/

Wayward Memphian · #**4786** Posted **Jul 27, 2018, 1:12 PM**

Quote:

Originally Posted by Johnny Ryall

Airport will issue up to $200M in bonds for massive project
By Mary Cashiola – Managing Editor, Memphis Business Journal

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

rendering MSCAA

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

Get on with it already.

DRG901 · #**4787** Posted **Jul 27, 2018, 1:46 PM**

Memphis Sports Hall of Fame in Autozone Park

Memphis Sports Hall of Fame Will Be One-of-a-Kind
By Don Wade/Memphis Daily News

https://www.memphisdailynews.com/new...one-of-a-kind/

TheKernel91 · #**4788** Posted **Jul 27, 2018, 4:28 PM**

Quote:

Originally Posted by Johnny Ryall

Some potentially big projects brewing in East Memphis. A few of these lots are prime realestate for large office development.

Poplar Corridor TIF Gets First Greenlight
By Patrick Lantrip/ Memphis Daily News

https://www.memphisdailynews.com/new...st-greenlight/

image EDGE

https://www.memphisdailynews.com/new...st-greenlight/

Am I the only one ready to see another scraper in East Memphis?

Even though I'm ready for downtown to bring on a scraper or two, I would love for East Memphis to have a condo scraper . There's a lot of Class A mid rise office space already, I feel like the condo market out East haven't been truly tapped. Maybe because of space options.

DRG901 · #**4789** Posted **Jul 27, 2018, 5:40 PM**

Quote:

Originally Posted by TheKernel91

Am I the only one ready to see another scraper in East Memphis?

Even though I'm ready for downtown to bring on a scraper or two, I would love for East Memphis to have a condo scraper . There's a lot of Class A mid rise office space already, I feel like the condo market out East haven't been truly tapped. Maybe because of space options.

Agree. If you’re in Shelby Farms looking towards Walnut Grove you can see a mini skyline from Clark Tower westward to the IP campus. Would love to see some height added. All of that area is pretty filled up. Would think limited space would mean a new tower eventually.

James Owen · #**4790** Posted **Jul 28, 2018, 4:24 AM**

Quote:

Originally Posted by TheKernel91

Am I the only one ready to see another scraper in East Memphis?

Even though I'm ready for downtown to bring on a scraper or two, I would love for East Memphis to have a condo scraper . There's a lot of Class A mid rise office space already, I feel like the condo market out East haven't been truly tapped. Maybe because of space options.

When you consider Ridgeway Center as it is now has been practically built out to a point where space is at a premium, we can probably expect several projects of vertical density going forward over what are currently surface parking lots. Of the two mixed-use developments mentioned that would include a hotel component, you would have to wonder if they will be full service (the area currently has four with the Hilton and Marriott off I-240, an Embassy Suites behind the Regalia, and a DoubleTree a couple of miles west near Clark Tower) or limited service (there's already a dozen scattered throughout the corridor).

Johnny Ryall · #**4791** Posted **Jul 28, 2018, 4:57 AM**

Quote:

Originally Posted by DRG901

Agree. If you’re in Shelby Farms looking towards Walnut Grove you can see a mini skyline from Clark Tower westward to the IP campus. Would love to see some height added. All of that area is pretty filled up. Would think limited space would mean a new tower eventually.

There were some aerial photos of East Memphis looking west down Poplar Ave. on http://colliervillephoto.com/ some years ago before a site redesign. You could see Downtown in the background. Literally, 10 miles of buildings popping up out of the landscape showing the Downtown & East Memphis cores. Easily the best pics of Memphis I have ever seen. I haven't been able to locate those pics again, but there is still lots of great aerial photography on there. Someone could easily get that shot again with an aerial photography drone.

BnaBreaker · #**4792** Posted **Jul 28, 2018, 5:43 AM**

Quote:

Originally Posted by DRG901

Memphis Sports Hall of Fame in Autozone Park

Memphis Sports Hall of Fame Will Be One-of-a-Kind

https://www.memphisdailynews.com/new...one-of-a-kind/

Well... yeah... I think it's safe to assume there isn't a Memphis Sports Hall of Fame in Pittsburgh.

Jack1175 · #**4793** Posted **Jul 28, 2018, 6:06 AM**

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.

TheKernel91 · #**4794** Posted **Jul 28, 2018, 1:46 PM**

Quote:

Originally Posted by Johnny Ryall

There were some aerial photos of East Memphis looking west down Poplar Ave. on http://colliervillephoto.com/ some years ago before a site redesign. You could see Downtown in the background. Literally, 10 miles of buildings popping up out of the landscape showing the Downtown & East Memphis cores.

This bad boy here. Credit to Collierville photo.
This was before the new IP building and other smaller construction

Johnny Ryall · #**4795** Posted **Jul 28, 2018, 3:14 PM**

Quote:

Originally Posted by TheKernel91

This bad boy here. Credit to Collierville photo.
This was before the new IP building and other smaller construction.

^ That's it! But yeah, no IP tower IV, the St. Francis Hospital cluster (East Memphis' 4th tallest) is out of view on the left side along with the Forum I-VII & brand new TraVure building at the bottom where it stops at... McDonald's. A slightly wider angle would make much more sense and would be much more dramatic. I know a guy that could probably capture it with a drone. Also, an aerial panorama of the East Memphis skyline from Shelby Farms would look incredible. Metropolitan Memphis is blessed to have high-rise structures in 4 submarkets: Downtown, East Memphis, Airport & Tunica Resorts.

DRG901 · #**4796** Posted **Jul 28, 2018, 3:34 PM**

Quote:

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 always hoped with the location it has in the city it would ultimately be redeveloped into something mixed-use. Malls everywhere are on the decline. As you mentioned places like Carriage Crossing seem to be the way larger shopping centers have been going. I’d love to see it turned into something more like that with apartments/office. Not sure that would happen anytime soon with the owners. I was also hoping for something more mixed use at the Sears lot across the street.

TheKernel91 · #**4797** Posted **Jul 29, 2018, 9:45 PM**

Quote:

Originally Posted by Johnny Ryall

^ That's it! But yeah, no IP tower IV, the St. Francis Hospital cluster (East Memphis' 4th tallest) is out of view on the left side along with the Forum I-VII & brand new TraVure building at the bottom where it stops at... McDonald's. A slightly wider angle would make much more sense and would be much more dramatic. I know a guy that could probably capture it with a drone. Also, an aerial panorama of the East Memphis skyline from Shelby Farms would look incredible. Metropolitan Memphis is blessed to have high-rise structures in 4 submarkets: Downtown, East Memphis, Airport & Tunica Resorts.

Wow I would love to see an updated photo now, especially from Shelby Farms. I forget about Tunica having some height out there.

Hopefully more can soon sprout up, back a few months ago I saw a news segment about the leaders in Tunica trying to get state law makers to allow in land gambling which would allow Casinos to reinvest in properties and create a modern day casino strip.

Johnny Ryall · #**4798** Posted **Jul 31, 2018, 12:28 AM**

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

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

Quote:

The address 109 W. McLemore Ave., which is an 11-acre parking lot near Presidents Island... Friday's permit comes less than a month after a $10 million building permit... of 5155 Citation Drive - a 400,000-sq-ft southeast Memphis building... Both of these projects are coming on the heels of the 615,000-sq-ft facility built for Amazon at 3238 E. Holmes Road, near Memphis Int'l Airport.

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

Johnny Ryall · #**4799** Posted **Jul 31, 2018, 12:43 AM**

Uptown's American Snuff building gets historic designation
By Meagan Nichols – Lead Reporter, Memphis Business Journal

Quote:

The former 260,000sq-ft manufacturing facility and 90,000sq-ft warehouse in Downtown Memphis could soon be part of a planned $50 million mixed-use development.

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

Johnny Ryall · #**4800** Posted **Jul 31, 2018, 12:50 AM**

University of Memphis, Slider Inn Projects Move Forward
By Patrick Lantrip/ Memphis Daily News

Quote:

1115 E. Getwell Loop St., Memphis, TN 38152 - Turner Construction Co. is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus... Details: The project is the first segment of the Indoor Football Practice Facility, which will expand the Billy J. Murphy Athletic Complex by 25,000 square feet and includes the renovation of adjacent areas within the complex.

https://www.memphisdailynews.com/new...-move-forward/