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Main to Main Multi-Modal Connector Project Moves Forward with $28.6M Harahan Bridge Renovation

Main to Main Multi-Modal Connector Project Moves Forward with $28.6M Harahan Bridge Renovation

A long-awaited renovation project started this Monday as a construction crew began work on the Harahan Bridge. The $28.6 million renovation of the bridge is part of the Main to Main Multi-Modal Connector Project, which also includes extensive work in Memphis and West Memphis.…

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Downtown Memphis Commission Set to Review Two New PILOTs

Downtown Memphis Commission Set to Review Two New PILOTs

Downtown Memphis Commission’s agenda is filling up seeing as they will have to decide on the 11th of November on two new PILOTs. Filament, LLC, the real estate arm of architecture firm Archimania applied for a PILOT for the development of a new, mixed-use project at 705 S. Main Street,…

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Main Street Apartment Partners Propose 144-Space Parking Lot Adjacent to Hotel Chisca

Main Street Apartment Partners Propose 144-Space Parking Lot Adjacent to Hotel Chisca

Main Street Apartment Partners, LLC, the developers behind the Hotel Chisca project, will present on the 5th of November a proposal for the development of a parking lot to the Downtown Memphis Commission. If approved, the parking lot will occupy a currently vacant lot, just east of the Hotel Chisca.…

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Dawn Properties Acquires Memphis’ Long-Stalled Apt. Highrise for $13.5M

Dawn Properties Acquires Memphis’ Long-Stalled Apt. Highrise for $13.5M

Cushman & Wakefield recently made public that they brokered the acquisition of Memphis’ Horizon, a 16-story, 155-unit high-rise that has remained unfinished for more than six years due to the financial crisis of 2008.…

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Old Dominion Prepares for Grand Opening of Whitehaven Service Center

Old Dominion Prepares for Grand Opening of Whitehaven Service Center

Old Dominion Freight Line, Inc. is celebrating as it is preparing for the opening of their new Whitehaven service center on October 20th. The 267-door facility will provide direct service to western Tennessee – Memphis, Millington, Bartlett and Somerville – to east Arkansas – West Memphis, Wynne and Forrest City…

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266 Developer Moving Forward with Mixed-Use Project for Downtown Memphis

266 Developer Moving Forward with Mixed-Use Project for Downtown Memphis

Downtown Memphis might become home to a new, mixed-use project at the southeast corner of Dr. Martin Luther King Jr. Avenue and South Front Street. Operating under an entity called 266 Developer, LLC, Robert Mallory, John Dicken and Vince Smith have just made a request for a 10-year payment in-lieu-of-tax…

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Hillwood Investment Moving Ahead with $165M Legacy Park; Tennessee Receives $28M in CDBG

Hillwood Investment Moving Ahead with $165M Legacy Park; Tennessee Receives $28M in CDBG

Hillwood Investment Properties is moving forward with plans to develop Legacy Park, a $165 million, 265-acre distribution and business complex on the south side of Goodman Road, according to the Memphis Daily News.…

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McNeill Commercial Starts Preparations for $150M M-U Development in Germantown; Independence Realty Trust Acquires Cordova’s Property

McNeill Commercial Starts Preparations for $150M M-U Development in Germantown; Independence Realty Trust Acquires Cordova’s Property

By Liviu Oltean, Associate Editor McNeill Commercial Real Estate recently acquired 19 acres of land in Germantown for the development of a $150 million mixed-use complex. The project, carrying the name Thornwood, will be located at the northeast corner of Neshoba Road and South Germantown Road, according to the Memphis…

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Oberdier Ressmeyer Entity Buys Cancer Center for Nearly $6M; Henry Turley Expands Apartments with $8.1M Investment

Oberdier Ressmeyer Entity Buys Cancer Center for Nearly $6M; Henry Turley Expands Apartments with $8.1M Investment

Memphis West Clinic LLC, an entity belonging to law firm Oberdier Ressmeyer LLP, recently purchased The West Clinic cancer center at 1580 Union Ave. and two vacant parcels for approximately $6 million. As reported by the Memphis Daily News, the seller was TN MS Owner DST, which had acquired the…

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South Main Artspace Lofts’ Repositioning Plan Moves Forward

South Main Artspace Lofts’ Repositioning Plan Moves Forward

Artspace, a longtime advocate for artist’s space needs turned developer, recently announced that it is ready to move forward with the long-awaited repositioning of the 87,625-square-foot brick South Main Artspace Lofts building at 138 S. Paul Avenue.…

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Dan Walker Proceeds with Plans in 7.6-Acre Business Park in Memphis; Tennessee Plans $70M Veterans’ Nursing Home for Shelby County

Dan Walker Proceeds with Plans in 7.6-Acre Business Park in Memphis; Tennessee Plans $70M Veterans’ Nursing Home for Shelby County

Memphis-based Dan Walker Associates Inc. is moving ahead with plans for the development of a new large office building park, according to the Memphis Business Journal.…

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Clinton National Airport’s Concourse Prepares for $20.6M Renovation

Clinton National Airport’s Concourse Prepares for $20.6M Renovation

In 2007, the Little Rock Municipal Airport Commission authorized a study to determine the feasibility of constructing a new terminal that would cater to projected passenger demands and regulatory requirements. The study showed that instead of building a new terminal, the demands could be better met through an extensive renovation…

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