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Old December 16th, 2012, 08:53 AM   #361
Johnny Ryall
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Downtown Memphis seeing more cruise business
By Bill Dries, Memphis Daily News


Quote:
Work on the landing building is 95 percent complete with an opening of the restaurant as well as the excursion boat merchandise and ticket counter to open in March. The building has already hosted two events of several hundred people each with several more holiday parties booked in the space. It was originally hoped the restaurant would open this past July.
http://www.memphisdailynews.com/news...iver-business/

(Photo: Lance Murphey)
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Old December 16th, 2012, 08:54 AM   #362
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National Geographic names Memphis one of 20 must-see places
Memphis Business Journal


Quote:
National Geographic is giving the Bluff City tourism industry some serious love, naming Memphis to its list of 20 must-see places in the new year. Describing the current state of Memphis, National Geographic writes, "there's something newly electric in the air." The city is included on the eclectic list with international destinations like Kyoto, Japan and Jarash, Jordan as well as stops in Chile, Norway and Grenada. Other domestic locations listed are the Hudson Valley in New York, St. Augustine, Fla. and the Missouri River Banks in Montana.
http://www.bizjournals.com/memphis/b...mphis-one.html

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Old December 16th, 2012, 08:55 AM   #363
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Baptist plans to build new rehab facility on Germantown Parkway
The Commercial Appeal


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Baptist Memorial Health Care Corp. will apply this week for state permission to build a 49-bed rehabilitation hospital as part of a $33.1 million project, according to a public notice. The new 59,400-square-foot facility would be built at 1238 and 1280 South Germantown Parkway, close to the street's intersection with Wolf River Boulevard... The two parcels of land slated for the new facility were the original sites of the Baptist Center for Cancer Care. The hospital system announced in a public notice last month that it wants to move the $84.8 million cancer center to the building that now houses The Shops of Humphreys Center and other properties close to it... Baptist also filed for permission last month for a $14.1 million expansion of its emergency department at Baptist Memorial Hospital for Women. That expansion will focus on pediatric services and bring 37,500 new square feet to the hospital in East Memphis.
http://www.commercialappeal.com/news...D=happeningnow
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Old December 16th, 2012, 08:56 AM   #364
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Piperton Hills rebrands to lure more industrial users
Memphis Business Journal


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William Adair of WCA Land Development and Whitfield Hamilton of Panattoni Development Corp. have renamed the 1,500-acre industrial development Gateway Global Logistics Center. The residential, office and retail parts of the mixed-use project will continue to use the Piperton Hills name... Gateway Global Logistics Center is a joint development between WCA Land Development and Panattoni Development and can eventually accommodate more than 15 million square feet of distribution facilities.
http://www.bizjournals.com/memphis/n....html?page=all

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Old December 16th, 2012, 08:57 AM   #365
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Next year could be transformative for GTx Inc., Memphis
The Commercial Appeal


Quote:
The new drug could be worth $750 million to $1 billion in sales, said Dr. Mitchell Steiner, GTx CEO. That would totally transform his homegrown drug company — and perhaps Memphis along with it. The company today employs close to 80 in Memphis, mainly administrators and highly skilled and educated researchers, divided between the corporate headquarters Downtown and laboratory space at Madison and Manassas. If Enobosarm is approved for sale it could bring a host of new marketing, sales and management jobs, all jobs Steiner wants to keep in Memphis.
http://www.commercialappeal.com/news...e-for-gtx-inc/
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Old December 16th, 2012, 08:58 AM   #366
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Memphis restaurants pepper 'best of' lists in 2012
Memphis Business Journal


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Restaurant Iris was named on a list of the 100 best restaurants in the U.S. as one of OpenTable's 2012 Diners' Choice winners... On another ranking, Aldo's Pizza Pies and Double J Smokehouse both were named to Urbanspoon's list of the 50 most popular new restaurants in America in 2012. The establishments, both located in Downtown Memphis, are among the 50 most sought-after restaurants to open this year.
http://www.bizjournals.com/memphis/b...r-best-of.html

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Old December 16th, 2012, 08:58 AM   #367
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Donald Trump's son Eric pledges $20 million to St. Jude
Memphis Business Journal


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Eric Trump, son of the legendary real estate mogul Donald Trump, has donated $20 million to St. Jude Children's Research Hospital for a new surgical and intensive care center wing to the hospital.
http://www.bizjournals.com/memphis/b...ledges-20.html

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Old December 16th, 2012, 08:59 AM   #368
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IP will soon build a 10-story office tower, 470-car parking garage & 2 pedestrian bridge/skywalks in East Memphis.

International Paper to build $90 million office tower, bring 101 new jobs to Memphis
Memphis Business Journal


Quote:
Overall, International Paper plans to invest $361 million, but most of that would not be subject to any tax incentive. International Paper (NYSE: IP) plans to lease and fully occupy the new, 10-story tower, identified as Tower IV in its PILOT application. It also will build a 470-car parking garage and two pedestrian bridges. Construction on the new tower is expected to begin next year and be completed in 2015.
http://www.bizjournals.com/memphis/n....html?page=all
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Old December 16th, 2012, 09:00 AM   #369
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Pending redevelopment of two 12-story buildings on the same block.

Garage Demolition First Step for Downtown Project
Memphis Daily News


Quote:
The Downtown parking garage attached to the 147 Jefferson Ave. building is being demolished, the first of many steps the property owner is taking to redevelop its adjacent 12-story masonry office building for a proposed mixed-use facility... Airman’s 147 Jefferson property is to the immediate west of the Tenoke Building at 161 Jefferson, another 12-story building that is pending redevelopment, but as a hotel. It’s owned by Vince Vaghela of the Mississippi-based development company Vibrant Hotel Inc.
http://www.memphisdailynews.com/news...ntown-project/
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Old December 16th, 2012, 09:02 AM   #370
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Apartment projects slated for Downtown areas
Memphis Business Journal


Quote:
Adam Airman, sole proprietor of City Center Services Inc., is planning to redevelop an office building and adjacent parking garage at 147 Jefferson Ave. into a mixed-use project with commercial space and apartments. The project is expected to cost $20 million, which includes $500,000 Airman spent on property acquisition and some demolition prep work.
http://www.bizjournals.com/memphis/p...-downtown.html

Rendering:COURTESY CITY CENTER SERVICES INC.


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Old December 17th, 2012, 02:26 AM   #371
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very nice!
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Old December 20th, 2012, 05:12 PM   #372
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Update on the 969 Madison Ave. tower in the Memphis Medical District. Its' redevelopment would really be the cherry on top for the area's rebirth of sorts. No where near the largest investment, but given its' high profile stature of height.

Bioworks Seeks to Restore Hotel
Memphis Daily News


Quote:
Brandon Wellford, chief financial officer and director of real estate for Memphis Bioworks Foundation, said the vision is to redevelop the 12-story property with hotel space on the top; apartments for Memphis Medical Center students, staff and faculty in the mid-levels; and retail on the ground floor. Restoring the long-vacant structure at 969 Madison Ave. near Pauline Street is expected to cost about $26 million... Talks are also “well under way” with InterContinental Hotel Groups about putting one of their brands on the hotel... Wellford said the soonest date for the project’s financing to be pulled together is June 30, although it could take even longer than that. Once construction kicks off, he anticipates an 18-month timetable to completion. The development group that Memphis Bioworks Foundation is working with has brought on John Pruett Architects, and “they’ve done some preliminary work on the plans,” Wellford said.
http://www.memphisdailynews.com/news...restore-hotel/

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http://www.commercialappeal.com/news...mplete-faceli/

John Pruett Architects

Hotel rooms would occupy floors 8-20 after renovation of the former Medical Center Holiday Inn on Madison.
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Old January 30th, 2013, 07:15 PM   #373
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I've been looking for information from everywhere....What is up with the One Beale project? The website is still up, but I can't find any news on it. Is it still being built?
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Old May 3rd, 2013, 09:20 PM   #374
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City of Memphis to push for public funding of Sears Crosstown: The Commercial Appeal

http://www.commercialappeal.com/news...artner=popular

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Courtesy Looney Ricks Kiss


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Old May 3rd, 2013, 09:22 PM   #375
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Construction in Sears Crosstown to start in early 2014:

The Commercial Appeal

http://www.commercialappeal.com/news...start-in-2014/

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Old May 3rd, 2013, 09:39 PM   #376
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Highwoods to Develop International Paper Tower
Memphis Daily News





http://www.memphisdailynews.com/news...elop-ip-tower/

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Old February 23rd, 2014, 04:37 AM   #377
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Osceola to get $1.1B steel mill if Arkansas lawmakers approve incentives
The Commercial Appeal


Quote:
One of the nation's largest industrial projects is unfolding in Arkansas, where steel executive John Correnti has proposed building a $1.1 billion minimill on the Mississippi River at Osceola employing more than 500 workers... Gov. Mike Beebe announced the Big River Steel proposal on Tuesday, saying it would employ 2,000 construction workers and rank as the state's largest economic project ever in terms of the $1.1 billion price-tag.
http://www.commercialappeal.com/news...s-lawmakers-a/
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Old February 23rd, 2014, 04:38 AM   #378
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Union City tackles humankind, universe with Discovery Park of America
The Commercial Appeal


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Museums costing $100 million to build are not supposed to rise in little towns so far from population centers. Union City (pop. 11,000) is 115 miles north of Memphis and 170 miles west of Nashville. To build Discovery Park of America, this rural community is spending the money of a retired businessman, tapping the brainpower of 250 citizens comprising 25 committees, and using the nation's and Memphis's leading museum architects, exhibit developers and landscape architects.
http://www.commercialappeal.com/news...rk-of-america/

Photo by Karen Pulfer Focht, The Commercial Appeal
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Old February 23rd, 2014, 04:39 AM   #379
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U of M moves forward on $43.5 million dorm project
Memphis Biz Journal


Quote:
The University of Memphis has filed a $43.5 million building permit to build a new 285,300-square-foot dormitory at 3615 Central Ave. In January, the Daily Helmsman reported that due to poor amenities and a failure to meet new seismic codes, the Richardson Towers dorms are likely to be demolished and rebuilt. Lisa Namie with Fleming Associates Architects is listed as the project architect.
http://www.bizjournals.com/memphis/n...5-million.html
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Old February 23rd, 2014, 04:40 AM   #380
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Memphis ArtSpace design plans revealed
Memphis Biz Journal


Quote:
ArtSpace, a Minneapolis-based nonprofit organization which builds affordable housing for artists, is planning a $12.5 million redevelopment of the 65,000-square-foot former United Warehouse building at 138 St. Paul. When completed, ArtSpace will have 44 living and work spaces as well as more than 20,000 square feet of commercial space including a gallery, an outdoor arts garden and performance space.
http://www.bizjournals.com/memphis/n...-revealed.html

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