MEMPHIS | Development News - Page 262

DRG901 · #**5221** Posted **Nov 8, 2019, 12:28 AM**

Quote:

Originally Posted by MidTenn1

Pictures and captions are from the Daily Memphian article.

The upper right picture is identified as the 107 South Main building.

The Dream Hotel proposal...

DRG901 · #**5222** Posted **Nov 13, 2019, 6:37 PM**

And more big news!

Investor plans $975 million Pinch District project
Wayne Risher/Daily Memphian

"Tom Intrator, the New York developer just approved for tax incentives for five separate real estate projects Downtown, is planning a massive, $975 million, mixed-used development in the Pinch District.

His development group, 18Main, plans a $544 million first phase of 942 apartments, 406 hotel rooms, 160,000 square feet of retail and 200,000 square feet of office.
Phase two would be 586 apartments, 45,000 square feet of retail and 479,000 square feet of office. "

https://dailymemphian.com/section/bu...strict-project

Johnny Ryall · #**5223** Posted **Nov 13, 2019, 9:51 PM**

Urban development approved for Madison Avenue across from SCO
By Tom Bailey/ The Daily Memphian

Quote:

Madison Avenue across from the Southern College of Optometry will look and feel more urban following Wednesday’s approval of a big, four-story apartment building with some commercial space. The Board of Adjustment unanimously approved the 108-unit apartment development that will replace a surface parking lot that now dominates much of the 8.8-acre site and deadens Madison street life... The structure will fill an entire block, stretching from Montgomery on the west to Claybrook on the east with parking in back.

Story - https://dailymemphian.com/section/bu...cross-from-SCO

rendering (Courtesy: Fleming Architects)

rendering (Courtesy: Fleming Architects)

Story - https://dailymemphian.com/section/bu...cross-from-SCO

Johnny Ryall · #**5224** Posted **Nov 13, 2019, 10:03 PM**

Panattoni keeps it pushing in Marshall County
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

In the past 18 months, the developer has erected almost 2.5 million square feet of space and leased it to the likes of Amazon, Kellogg, and Corelle Brands. Within the next six months, it is set to complete another 845,000 square feet.

Story - https://www.bizjournals.com/memphis/...ll-county.html

photo: Gateway Global Logistics Center CREATION STUDIO

photo: Gateway Global Logistics Center CREATION STUDIO

Story - https://www.bizjournals.com/memphis/...ll-county.html

Gateway Global Logistics Master Plan COURTESY OF PANATTONI

Gateway Global Logistics Master Plan COURTESY OF PANATTONI

Story - https://www.bizjournals.com/memphis/...ll-county.html

MidTenn1 · #**5225** Posted **Nov 13, 2019, 10:22 PM**

Quote:

Originally Posted by DRG901

And more big news!

Investor plans $975 million Pinch District project
Wayne Risher/Daily Memphian

"Tom Intrator, the New York developer just approved for tax incentives for five separate real estate projects Downtown, is planning a massive, $975 million, mixed-used development in the Pinch District.

His development group, 18Main, plans a $544 million first phase of 942 apartments, 406 hotel rooms, 160,000 square feet of retail and 200,000 square feet of office.
Phase two would be 586 apartments, 45,000 square feet of retail and 479,000 square feet of office. "

https://dailymemphian.com/section/bu...strict-project

Awesome!

bigstick · #**5226** Posted **Nov 13, 2019, 10:34 PM**

Quote:

Originally Posted by MidTenn1

Awesome!

Good for Mem, they need some help with that dinghy skyline.

Johnny Ryall · #**5227** Posted **Nov 13, 2019, 10:36 PM**

'Entertainment district' starts to unfold in Germantown
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

With Tommy Paters' Moondance and a second boutique newly opened, Spence Ray is heading back through Germantown's approval process for the huge mixed-use development's final phase. If all goes according to plan, construction will start in February on 70,000 square feet of office space and a 110-room hotel, just east of the mixed-use building.

Story - https://www.bizjournals.com/memphis/...unfold-in.html

Johnny Ryall · #**5228** Posted **Nov 13, 2019, 10:45 PM**

Local developers plan 26-building apartment complex at Walnut Grove and Houston Levee
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The complex is set to contain 26 residential buildings, a clubhouse, pavilion, and a leasing office... If approved, the complex would be located on the 38 acres.

Story - https://www.bizjournals.com/memphis/...apartment.html

rendering MEMPHIS & SHELBY COUNTY OFFICE OF PLANNING AND DEVELOPMENT

rendering MEMPHIS & SHELBY COUNTY OFFICE OF PLANNING AND DEVELOPMENT

Story - https://www.bizjournals.com/memphis/...apartment.html

Johnny Ryall · #**5229** Posted **Nov 13, 2019, 10:55 PM**

CITY SPOTLIGHT: West Memphis Delivers
Memphis Business Journals

Story - https://www.bizjournals.com/memphis/...s/12/item/2636

Johnny Ryall · #**5230** Posted **Nov 13, 2019, 11:08 PM**

East Memphis senior housing project seeks $21.6M, boundary-redefining tax break
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The primary investors behind Union Row are set to receive a $21.6 million tax break for their other local development — 240 senior housing units in East Memphis... With about $9.5 million in "extraordinary costs caused by neighborhood negotiations," the project is set to cost about $89.3 million, developers wrote in their PILOT application.

Story - https://www.bizjournals.com/memphis/...eks-21-6m.html

rendering COURTESY EDGE | LRK

rendering COURTESY EDGE | LRK

Story - https://www.bizjournals.com/memphis/...eks-21-6m.html

Johnny Ryall · #**5231** Posted **Nov 13, 2019, 11:23 PM**

Developer proposes $37.7M, 14-building apartment project near Shelby Farms Park
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

A Birmingham-based apartment developer is planning to develop 267 more apartments on the edge of Shelby Farms Park. Arlington Properties is seeking a tax break worth almost $600,000 to help them build the $37.7 million, 14-building project at 7620 Raleigh LaGrange Road.

Story - https://www.bizjournals.com/memphis/...ar-shelby.html

rendering DALHOFF THOMAS DESIGN STUDIO

rendering DALHOFF THOMAS DESIGN STUDIO

Story - https://www.bizjournals.com/memphis/...ar-shelby.html

rendering DALHOFF THOMAS DESIGN STUDIO

rendering DALHOFF THOMAS DESIGN STUDIO

Story - https://www.bizjournals.com/memphis/...ar-shelby.html

Johnny Ryall · #**5232** Posted **Nov 14, 2019, 12:02 AM**

New office building proposed at Quince and Lynnfield in East Memphis
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

An application for a 40,000-square-foot building was recently submitted to the Memphis & Shelby County Land Use Control Board...

Story - https://www.bizjournals.com/memphis/...uince-and.html

rendering RENAISSANCE GROUP | MEMPHIS & SHELBY COUNTY OFFICE OF PLANNING AND DEVELOPMENT

rendering RENAISSANCE GROUP | MEMPHIS & SHELBY COUNTY OFFICE OF PLANNING AND DEVELOPMENT

Story - https://www.bizjournals.com/memphis/...uince-and.html

Johnny Ryall · #**5233** Posted **Nov 14, 2019, 12:23 AM**

Developer of $100M Germantown project releases new renderings, details
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Quote:

The first two phases of the project are set to cost $100 million and include about 100 apartments, a 150,000-square-foot office building, a 174-room hotel, and most of the project's 100,000 square feet of retail.

Story - https://www.bizjournals.com/memphis/...eases-new.html

rendering COURTESY CARREFOUR AT THE GATEWAY

rendering COURTESY CARREFOUR AT THE GATEWAY

Story - https://www.bizjournals.com/memphis/...eases-new.html

rendering COURTESY CARREFOUR AT THE GATEWAY

rendering COURTESY CARREFOUR AT THE GATEWAY

Story - https://www.bizjournals.com/memphis/...eases-new.html

Johnny Ryall · #**5234** Posted **Nov 14, 2019, 12:32 AM**

Car ‘vending machine’ now open for all to see
By Tom Bailey/ The Daily Memphian

Quote:

The $5 million building is Carvana’s 23rd car vending machine but just the second in Tennessee; there’s one on the south side of Nashville along Interstate 65... The exotic, eight-story building of glass effectively doubles as a Carvana billboard for 161,000 motorists who pass by daily on I-40 just southwest of Germantown Parkway.

Story - https://dailymemphian.com/section/bu...for-all-to-see

photo (Mark Weber/Daily Memphian)

photo (Mark Weber/Daily Memphian)

Story - https://dailymemphian.com/section/bu...for-all-to-see

Johnny Ryall · #**5235** Posted **Nov 14, 2019, 12:42 AM**

No updated renderings yet.

Union Row gets bigger; developers ask for more TIF funds, would waive parking loan
By Jacob Steimer – Staff Reporter, Memphis Business Journal

Story - https://www.bizjournals.com/memphis/...-more-tif.html

Quote:

Union Row’s first phase is now set to cost $239 million more than originally announced and receive $35 million more in incentives... The change would add about 10 acres to the project’s first phase and allow Adams' group to receive up to $185 million of the tax increment the project creates... On Wednesday, Adams said the now-$750 million phase — an overall cost increase of 46 percent — would include 1,110 apartments, 550 hotel rooms, and the same 365,000 square feet of office space... The largest piece of the 10 acres being added to the project is located on the historic Hunt Phelan estate at 533 Beale Street... The DMC has been running short on funds for parking loans. Oswalt said she’s excited to have the $50 million back, and she indicated some of it will be spent near One Commerce Square and AutoZone — where the greatest needs for parking exists.

Story - https://www.bizjournals.com/memphis/...-more-tif.html

Johnny Ryall · #**5236** Posted **Nov 14, 2019, 1:01 AM**

Additional coverage of the 18 Main proposal.

$1.1 billion development plan announced for Downtown Memphis' Pinch District
Desiree Stennett, Memphis Commercial Appeal

Quote:

The first phase of the project, worth about $600 million, will include 942 residential units, two boutique hotels with a total of 406 rooms, about 170,000 square feet of retail and about 222,000 square feet of office space near St. Jude Children's Research Hospital. A future phase would add 586 more residential units, 530,000 more square feet of office space and 47,000 more square feet for retail... The announcement was made during a presentation before the Shelby County Commission's Economic Development & Tourism committee. It came one day after Intrator was approved for more than $24 million in tax breaks to help fund just over $100 million in projects in Downtown's South Main neighborhood.

Story - https://www.commercialappeal.com/sto...in/4180545002/

(Photo: LRK and DesignShop)

(Photo: LRK and DesignShop)

Story - https://www.commercialappeal.com/sto...in/4180545002/

(Photo: LRK and DesignShop)

(Photo: LRK and DesignShop)

Story - https://www.commercialappeal.com/sto...in/4180545002/

MidTenn1 · #**5237** Posted **Nov 15, 2019, 2:56 AM**

BTW, a few renderings of the Clipper Building from the architect's website.

At this link.

Johnny Ryall · #**5238** Posted **Nov 15, 2019, 3:13 AM**

Quote:

Originally Posted by MidTenn1

BTW, a few renderings of the Clipper Building from the architect's website. At this link.

Guess I didn't realize FedEx Corp. would be the tenant along with the former Gibson factory. Major signage on 3 city blocks including the arena. Looks great.

Dale · #**5239** Posted **Nov 15, 2019, 5:39 PM**

Is the Loews hotel moving along ?

KingWestMemphis · #**5240** Posted **Nov 15, 2019, 6:35 PM**

Quote:

Originally Posted by bigstick

Good for Mem, they need some help with that dinghy skyline.

Whose skyline is dingy? Just because our city isn't made of glass and plastic doesn't mean we don't have a nice skyline.