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  #981  
Old Posted Feb 17, 2012, 3:30 AM
Johnny Ryall Johnny Ryall is offline
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FedEx Plans $141M Investment in Local Facility
Memphis Daily News


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The company is planning to build a new facility east of and adjacent to its existing 3855 Airways Blvd. location... FedEx is looking to consolidate that activity into a single Air Operation Training Center. Additionally, the company would build a new building with 12 bays to house additional flight simulators and equipment to support training for the FedEx fleet.
http://www.memphisdailynews.com/news...ocal-facility/
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  #982  
Old Posted Feb 22, 2012, 3:58 PM
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Council Approves Pink Palace Renovation and Elvis Presley Blvd Funding
Memphis Daily News


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Memphis City Council members approved Tuesday, Feb. 21, the terms of a $20 million multi-year renovation of the Memphis Pink Palace Museum and advanced $16 million in funding over two fiscal years starting this June for improvements along Elvis Presley Boulevard in Whitehaven.
http://www.memphisdailynews.com/news...-blvd-funding/
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  #983  
Old Posted Feb 24, 2012, 4:19 PM
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Noble investing $20M to achieve Marriott brand
Memphis Business Journal


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Nine months after it purchased and shut down the Holiday Inn Select East Memphis, Atlanta-based Noble Investment Group has launched a $20 million renovation that will rebrand the property as Memphis Marriott East.
http://www.bizjournals.com/memphis/p...o-achieve.html

ALAN HOWELL | MBJ
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  #984  
Old Posted Mar 8, 2012, 4:22 PM
Johnny Ryall Johnny Ryall is offline
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St. Jude Files Permit App. for Seven-Story Tower
Memphis Daily News


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St. Jude in May applied with the state Health Services and Development Agency for a Certificate of Need for a $190 million medical tower to serve as a new patient care and research building with space for a number of new programs, surgery suites and an expanded intensive care unit.
http://www.memphisdailynews.com/news.../digest/#67049
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  #985  
Old Posted Mar 8, 2012, 4:22 PM
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Partners planning $3.15 million apartment project
Memphis Biz Journals


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South Front could be getting some new apartments right across the street from Gus’s Fried Chicken by June 2013. Robert Mallory and Vince Smith Jr., operating as Printer’s Alley LLC, are planning a $3.15 million mixed-use project at 347 S. Front.
http://www.bizjournals.com/memphis/n...apartment.html

ALAN HOWELL | MBJ
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  #986  
Old Posted Mar 8, 2012, 6:02 PM
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photoLith photoLith is online now
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That's great news.
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  #987  
Old Posted Mar 16, 2012, 4:39 PM
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Major announcement about the Chisca Hotel building within 2 weeks. Checkout the video link.

Developer Plans to Restore Historic Chisca Hotel Building
WREG


http://www.wreg.com/news/wreg-develo...,7376463.story
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  #988  
Old Posted Mar 17, 2012, 4:25 AM
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^^That's good news to hear. Now is as good a time as every since South Main is booming right now. Hopefully this will come into reality and bring more residents to downtown.
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  #989  
Old Posted Mar 24, 2012, 11:35 PM
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The Commercial Appeal

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New construction is about to begin at St. Louis Catholic School at White Station and Shady Grove. The two-story, 18,000-square-foot addition will house new music and science classrooms, as well as a distance-learning center.
http://www.commercialappeal.com/news...hool-addition/

Courtesy of ANF Architects
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  #990  
Old Posted Mar 24, 2012, 11:43 PM
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Crane rising over St. Jude Children’s Research Hospital.

St. Jude Moves Ahead With Tower Construction

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St. Jude Children’s Research Hospital is moving forward with the construction of its new seven-story tower, which will serve as a new patient care and research building with space for a number of new programs, surgery suites, an expanded intensive care unit and a revolutionary proton-beam therapy center... St. Jude in May applied with the state Health Services and Development Agency for a Certificate of Need for a $190 million medical tower
http://www.memphisdailynews.com/news...-construction/
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  #991  
Old Posted Mar 30, 2012, 3:48 PM
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FedEx shakes up office market with large leases
Memphis Business Journal


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FedEx Corp. continues to make an impact on the East Memphis office market. The Memphis-based shipping giant just signed a 27,338-square-foot lease at Forum II, bringing the 99,562-square-foot building at 1790 Kirby Pkwy. to full occupancy... FedEx in 2011 signed a 25,000-square-foot lease at Boyle Investment Co.’s Marsh Center.
http://www.bizjournals.com/memphis/p...rket-with.html

ALAN HOWELL | MBJ
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  #992  
Old Posted Mar 30, 2012, 3:49 PM
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FedEx subsidiary adds office space
Former Stanford space in Crescent Center gets tenant
Memphis Business Journal


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FedEx Trade Networks Inc., a subsidiary of FedEx Corp., is growing its presence at Crescent Center with a new lease covering more than 24,000 square feet.
http://www.bizjournals.com/memphis/p...ice-space.html

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  #993  
Old Posted Mar 30, 2012, 3:49 PM
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Nonconnah Corporate Center lands FedEx credit union
The Commercial Appeal


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The FedEx name is returning to the leafy Nonconnah Corporate Center near Memphis International Airport. FEDEX Employees Credit Association is moving and expanding its headquarters into the sprawling office park that once hosted FedEx headquarters... The financial institution with 63,000 members and $340 million in assets has signed a long-term lease for more than 24,000 square feet at 2731 Nonconnah on the east end of the 40-year-old Nonconnah Corporate Center.
http://www.commercialappeal.com/news...-credit-union/

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  #994  
Old Posted Mar 30, 2012, 3:50 PM
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Chicago group renovates Brooks inn
Memphis Daily News


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A year and a half and $3.5 million of renovations into the project, the hotel has been branded a Clarion, all 245 rooms are just about renovated, the hotel restaurant has reopened and is awaiting its liquor license, and Michael and his partners plan to launch the new Clarion Cedar Hotel in May... That’s when they plan to have their liquor license and reopen the hotel lounge known as Dad’s Place, which is how many longtime Memphians identify the building. The lounge – which will again be branded Dad’s Place – is part of the history of Memphis’ lounge circuit that featured live music well into the disco era. The plan is to feature Elvis tribute artists at the reopened lounge.
http://www.memphisdailynews.com/news...hotel-upgrade/

(Photo: Lance Murphey)
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  #995  
Old Posted Mar 30, 2012, 3:50 PM
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Preston Lamm to fill former Pat O'Brien's on Beale Street
Memphis Business Journal


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A local restaurant group with plenty of Beale Street experience could have the former Pat O’Brien's and Ground Zero Blues Club space at 310 Beale singing a new tune by May. Beale Street veterans Preston Lamm and Bud Chittom purchased the building, equipment and furniture from 310 Beale Street Properties LLC for an undisclosed amount and plan to open a corner bar called Dancin’ Jimmy’s. The 18,897-square foot building includes a 7,749-square-foot ground floor, a 7,331-square-foot second floor and a 3,334-square-foot covered patio... Lamm is president of River City Management Group LLC, which has various restaurant concepts on Beale Street, including Rum Boogie Cafe, Pig on Beale, King’s Palace Cafe, the Absinthe Room, Beale Street Tap Room, Mr. Handy’s Blues Hall, Ugly Juanita’s Taco Shop, and Handy Bar. It also owns or operates others restaurants throughout the Mid-South such as Mesquite Chop House, Fillin' Station Grille, Spindini, Pa Pa Pia’s, and 10 Bones BBQ. Chittom, who has been involved with Blues City Cafe, Club 152, and Johnny G’s Creole Kitchen on Beale, is also heading up a group that is opening up Riverside Grille & Dockside Bar by July at Beale Street Landing.
http://www.bizjournals.com/memphis/n...ormer-pat.html

ALAN HOWELL | MBJ
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  #996  
Old Posted Mar 30, 2012, 3:51 PM
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Beale Street Landing about to spring to life
Memphis Daily News


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“It’s a multi-purpose facility. … What it is in February is not what it is in April,” Lendermon said of the 4,500-square-foot restaurant space. “It’s got to be able to shrink and grow and morph into what it needs to be for a given period of time.”... The restaurant is one of three spaces including an open area beneath the grass roof as well as a space for a gift shop in addition to a gift shop that is to be part of the restaurant. Daily excursion boats will also debut at the landing in July, with space for ticket sales and a broader market for merchandise... The dock itself will open before the restaurant with the April 27 arrival of The American Queen. The largest steamboat in the world will call Memphis its home port. The floating islands that are the access to the river at the landing are now floating in McKellar Lake, south of Downtown. Later this month, they will make the short journey north to be attached to the mooring arms at the landing.
http://www.memphisdailynews.com/news...21/river-view/

(Photo: Lance Murphey)
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  #997  
Old Posted Mar 30, 2012, 3:51 PM
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Mitsubishi construction still on schedule, company reports
Memphis Business Journal


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“The factory designs are complete, the site is prepared and construction is well under way. The last of the 6,000 support pilings will be installed by the end of April and you will then see the building begin to rise,” Badaracco said in a statement... Should construction remain on schedule, the plant will be commissioned this fall. The 350,000-square-foot steel facility will house manufacturing implements and up to 275 employees when it begins churning out 400-ton electrical transformers.
http://www.bizjournals.com/memphis/n...-still-on.html

COURTESY MITSUBISHI ELECTRIC POWER PRODUCTS INC.
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  #998  
Old Posted Apr 14, 2012, 5:44 PM
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Giant Haywood County industrial park gets new name: Memphis Regional Megasite
The Commercial Appeal


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The 1,720 acres in southwest Haywood County are being developed with the state's help as a potential site for a car manufacturer or other large industrial development. The site is located along Interstate 40, and CSX Rail connects it to four other rail systems in the Memphis area. Memphis has generated momentum in job growth by attracting such big employers recently as Electrolux and Mitsubishi Electric Power Products. Last year, Memphis and Shelby County attracted more than $1 billion in investment from private companies, Greater Memphis Chamber officials said in January. Also in January, the chamber's economic development team was awarded the 2011 "Excellence in Economic Development Award" by the National Site Selectors Guild.
http://www.commercialappeal.com/news...gets-new-name/
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  #999  
Old Posted Apr 14, 2012, 5:45 PM
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Largest solar farm in TN officially opens Thursday
Solar farm in Stanton, TN, will add a visitor center next year
The Tennessean


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The state of Tennessee and University of Tennessee are hosting the event at the 25-acre, 5-megawatt West Tennessee Solar Farm. It features about 21,000 ground-mounted photovoltaic solar panels and is estimated to provide enough energy for 500 homes and offset use of 250 tons of coal per month.
http://www.tennessean.com/article/20...opens-Thursday

The Tennessean
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  #1000  
Old Posted Apr 14, 2012, 5:46 PM
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The Capital Grille to join Memphis' 'steakhouse corner'
Memphis Business Journal


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East Memphis could soon be known as much for its great steaks as for its office properties. Two new national restaurant chains — The Capital Grille and Seasons 52 — are coming to the corner of Poplar Avenue and Ridgeway Road, and will be developed on the Crescent Center office building’s property by building owner Highwoods Properties Inc.

The Capital Grille would be entering a submarket with plenty of competition. Ruth’s Chris Steak House and Fleming’s Prime Steakhouse & Wine Bar are on virtually the same block, while Folk’s Folly Prime Steak House is just a few minutes west. However, there is a reason all these high-end restaurants are there: You probably couldn’t place them in a better Memphis location.

The Capital Grille and Seasons 52 will be at an intersection which many office real estate professionals describe as the “Main and Main” for local businesses. It has some of the highest traffic counts and demographics in Memphis, comparable with those seen in other, larger cities. FedEx Corp. president, CEO and chairman Fred Smith, AutoZone Inc. founder J.R. ‘Pitt’ Hyde and other high-earning business professionals live in the River Oaks neighborhood within walking distance.
COURTESY DARDEN RESTAURANTS INC.
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