MEMPHIS | Development News

[vetteking]

431 S Main St
2,416 SF of Office Space Available in Memphis, TN

ALL AVAILABLE SPACE(1)
SPACE
SIZE
TERM
RENTAL RATE
SPACE USE
CONDITION
AVAILABLE
2nd Floor, Ste 202
2,416 SF
Negotiable
Upon Request
Office
-
Now
Downtown Office Space Available

Fits 7 - 20 People
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 202
2,416 SF Negotiable Upon Request Office - Now
PROPERTY OVERVIEW
Very Cool Loft Office Space in the heart of the South Main District. Street Parking is available but the building does not own any parking. Former Law Firm Space.

Bus Line
Commuter Rail
Signage
PROPERTY FACTS
Building Type
Office
Year Built/Renovated
1911/2007
Building Height
3 Stories
Building Size
19,744 SF
Building Class
B
Typical Floor Size
6,581 SF
Unfinished Ceiling Height
11’
Parking
15 Surface Parking Spaces

https://www.loopnet.com/Listing/431-S-Main-St-Memphis-TN/27596805/

[vetteking]

Memphis Downtown CBD Premium Land Lease60 N 2nd St
0.62 Acres of Commercial Land for Lease

HIGHLIGHTS
$4-$6/sf
LOT AVAILABLE
Rental Rate
Upon Request
Lot Size 0.62 AC
Lease Term Negotiable
Owner interested in developing alliances with active developers and serious investors for a long term ground lease at a $/sqft determined by current CBD market value. Other submitted options will be consider including design-built to suite single or multiple tenants ground lease. Current (2024) Design Development (DD) documents were developed for a multi-story self storage site. Details will be provided after written request and Nondisclosures document signed.
PROPERTY OVERVIEW
181.35 Ft. frontage on Downtown arterial 2nd St. Is extremely well located in the heart of Downtown Memphis central business district across s from Historic Court Square Park, Beale St., Shelby County, and City of Memphis government offices.

PROPERTY FACTS
Total Space Available 0.62 AC Property Subtype Commercial
Property Type Land Proposed Use Commercial

https://www.loopnet.com/Listing/60-N-2nd-St-Memphis-TN/34292998/

[vetteking]

Canopy by Hilton Memphis Downtown164 Union Ave
4,522 SF of 4-Star Retail Space Available in Memphis, TN

HIGHLIGHTS
Adjacent to AutoZone Park, home of the Memphis Redbirds Triple A Farm Club (2023 attendance 223,751) and Memphis' pro soccer team, Memphis 901 FC. One city block from the proposed $1 billion Walk Development at Union Ave and 4th St.
Close to the First Horizon Headquarters and many office buildings in the downtown core. Approximately 4 minute walk to the FedEx Forum, home to the Memphis Grizzlies, and the Beale Street Entertainment District, one of the most visited at
ALL AVAILABLE SPACE(1)
SPACE
SIZE
TERM
RENTAL RATE
SPACE USE
CONDITION
AVAILABLE
1st Floor
4,522 SF
Negotiable
Upon Request
Retail
Full Build-Out
30 Days
4,522 SF restaurant space with street corner visibility and access plus a 1,114 SF outdoor covered patio (must serve breakfast, lunch and dinner).

Fully Built-Out as a Restaurant or Café Space
Space is in Excellent Condition
Located in-line with other retail
Restaurant space with street corner visibility.
Canopy Hotel Restaurant Space Flyer 8.1.24
Space Size Term Rental Rate Space Use Condition Available
1st Floor
4,522 SF Negotiable Upon Request Retail Full Build-Out 30 Days
PROPERTY FACTS
Total Space Available 4,522 SF Building Size 120,000 SF
Property Type Hospitality Year Built 2020
Property Subtype Hotel
ABOUT THE PROPERTY
174 room upscale Canopy Hotel by Hilton in Downtown Memphis with restaurant space available located on a busy corner across from The Peabody Hotel and AutoZone Park.

FEATURES AND AMENITIES
Business Center
Fitness Center
Restaurant
High Speed Internet Access
On-Site Bar
Meeting Event Space
Public Access Wifi
Digital key

https://www.loopnet.com/Listing/164-Union-Ave-Memphis-TN/32666340/

[vetteking]

Completed project: Orion Financial Headquarters
Memphis, TN

[vetteking]

Completed project: The Chisca on Main
Memphis, TN

[vetteking]

When will the new I-55 bridge be done? Memphis road work plans for 2026

The Tennessee Department of Transportation plans to spend hundreds of millions of dollars on new construction and infrastructure improvements in 2026.

That includes the new Interstate 55 bridge and various upgrades to streets and highways across Memphis.

Here are the road construction projects you should know about as we head into the new year.

I-55 bridge replacement
The new I-55 bridge over the Mississippi River will be named King’s Crossing after Dr. Martin Luther King Jr., B.B. King and Elvis Presley, commonly known as the King of Rock and Roll. Construction on the bridge is expected to begin in 2026 and finish in 2031.

TDOT estimates the bridge will cost around $800 million, which includes nearly $400 million in grant funds from the Federal Bridge Investment program.

The new bridge project aims to improve capacity and safety standards for the existing bridge, which has been in use for 75 years. The new, larger structure will also meet modern seismic codes since the structure sits on the New Madrid fault line.


Summer Avenue
Construction is already underway on a widening project on Summer Avenue as TDOT aims to enhance traffic flow and safety “along a key Memphis corridor,” according to Nichole Lawrence, a communications officer for TDOT.

Construction began in the summer of 2025, and TDOT estimates the project will cost nearly $70 million.

Shelby County Paving Plan
TDOT is investing over $160 million to resurface and repair about 400 “lane miles” of interstates and state routes in Memphis and Shelby County through 2027.

“This initiative aims to improve safety, extend pavement life, and enhance driving conditions across some of Tennessee’s busiest highways,” according to Lawrence.



The project began in spring 2025 and is expected to be completed in 2027. The project will be funded by the Transportation Modernization Act, the 2026 General Fund Transfer and state and federal funds.

The project includes Interstate 40, Interstate 240, Interstate 269, State Route 57, Thomas Street, North Parkway, East Parkway, Walnut Grove Road and more.

https://www.commercialappeal.com/story/n...-memphis-shelby-county-2026/87739986007/

[Texcitement]

It's good to see something going on in Memphis. I always feel sad for that place. After decades of terrible leadership, it might be emerging from its funk. I think St. Jude's presence there helps a little and so does UT medical school. I often drive back and forth between Nashville and Dallas, and the exits in Memphis look like a war zone. I just saw that the city has lost thousands of residents just since the 2020 census. When do you think this will end?

[vetteking]

[maximus10]

Germantown’s The Standard development could generate $2.2M in taxes

Germantown’s Industrial Development heard how much money the suburb could generate if The Standard moves forward with the tax incentive developers want.

The Industrial Development Board met Monday to hear a presentation from Mike Fahy, who represented CRE Devco — the development group including Adam Slovis and Billy Orgel.

Few residents were present, but came to learn more from the presentation. Chairman Henry Evans directed the development team to prepare a simple presentation as they will have to present to the community during a Jan. 20 public hearing.

https://dailymemphian.com/subscriber/sec...n-germantown-kirby-parkway-poplar-avenue

[vetteking]

Public market planned for downtown Memphis corner

MEMPHIS, Tenn. — A public food market is coming near a major Memphis landmark, as developers hope to bring new life and new food options to downtown.

Plans call for the Memphis Public Market to stretch across 20,000 square feet on the first floor of two buildings on Madison Avenue at B.B. King Boulevard.

About 24 stalls will house vendor spaces for farmers, grocers, butchers, bakers, prepared food operators, artisans, and specialty retailers, along with business incubation programs, workforce development initiatives, and more.

HiFi Memphis closed Friday on the purchase of the two vacant buildings, one built in the 1920s and the other a former bank from the 1960s. The nonprofit group is associated with the team redeveloping the historic Sterick Building across the street.


“We’re going to transform two blighted historic structures in the core of our Downtown and establish a destination that draws people from across the region,” said Stuart Harris, principal with Constellation Properties and HiFi Memphis board member.
Courtesy: HiFi Memphis

Public markets can be found in cities across the country, like Seattle’s Pike Place Market, where they can draw visitors in the thousands or even millions.

Mersadies Burch, executive director of HiFi Memphis, said Memphis’ version would be modeled closely on Findlay Market in Cincinnati’s Over The Rhine neighborhood.


The market is meant to serve downtown residents, workers, and visitors, as well as the farmers, vendors, and chefs who will do business there.

“In other cites they become culinary tourism drivers,” Burch said.

The projected cost for the project is $30 million. There is no timetable for opening yet, but Burch said the group will begin stabilizing the buildings soon.

https://wreg.com/news/local/public-market-planned-for-downtown-memphis-corner/

[vetteking]

Cam Boozer goes #3 Overall to the Memphis Grizzlies in the 2026 NBA Draft!

• Video Link