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Old February 15th, 2011, 05:24 PM   #141
Johnny Ryall
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If you build it, will retail follow?
Developers weigh in on plans for Fairgrounds
Memphis Business Journal


http://www.bizjournals.com/memphis/p...il-follow.html

COURTESY O.T. MARSHALL ARCHITECTS P.C.

Artist’s rendering of proposed Fairgrounds redevelopment, looking southeast toward the Liberty Bowl from Central Avenue
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Old February 17th, 2011, 01:21 AM   #142
kingchef
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you certainly can feel the change in the community---business and otherwise---w/ all of the projects reported to the public. there are even bigger things to come, and i look forward to seeing them come to fruition. recently, i read the marcus and millichap report on investment real estate, and i was glad to see that memphis was holding pretty well, out of the 44 markets followed. new york city, d.c., and boston were at the top of the list---no real surprise---but jacksonville, las vegas, detroit, and some others were at the bottom or stagnant. i was really surprised regarding atlanta; however, atlanta may be slipping in more overall markets, as they have been fortunate to have so many years at the top. even the best fall prey to the "peter principle."

one thing i fail to understand is the fact that the horizon tower is allowed to sit in its current condition. this seems to be a really smart business move on an investor's part, or ridiculously irresponsible. the big thing, by most market accounts, gives the ball to investments into the renter's sector of the market. traditionally, i realize memphis has played a fairly tight game w/ market availability in condos and rentals; however, it would be nice to see the horizon finished, as it is so close to being ready for occupancy. too, it is shameful to see the work that has been completed to be completely ruined by the elements. it makes no sense.

i know some disagree about highrises and skyscrapers, but a city in this country is judged, in part, greatly by its skyline, old or new, single or multiple. as some urban-minded folk have stated, prospective businesses, corporate heads and representatives, scouts, etc., look at the core downtown, and they see vibrancy or they don't. it doesn't necessarily have to be a sky full of cranes, but it doesn't hurt to see a few. certainly, when you drive around in many of the east business corridors and submarkets, one can't help but visualize how nice it would have been for several of those huge business and corporate parks to have chosen downtown as their home. off hand, as i drove around recently, i counted no less than 57 beautiful buildings that i thought would have looked so wonderful in the downtown core. even if those buildings were not in their current locations, memphis would still have a significant amount of office buildings available.

i continue to work on a project that would help me place certain buildings in downtown memphis, by use of computer graphics, of course. i have made significant progress, but i still have some kinks to remove. i know there are large investment companies which could make short work of revamping the sterrick building, while seeing a good return on their investments, and returning a beautiful piece of history to active status in memphis. too, it would seem to be the time to add some ht and drama to a vibrant city's skyline. the money is there, we just have to convince those who have it to let the city borrow it for a while. someone recently told me that they had never been to memphis prior to christmas of this past year. they thought memphis was made up mainly of a few pictures of downtown. when i looked at them, i realized that he had never seen the entire downtown. this is a common story throughout the country. so many visitors visit memphis and never see east memphis, midtown, or downtown and vice versa. nevertheless, it seems some of these companies that buy speculative properties would see the potential of the horizon and the sterrick building, not for just the immediate future, but for those who will definitely begin to seek shelter in the city in the near future. btw, i read an article on the repurposing of the sears cross town building.

Last edited by kingchef; February 17th, 2011 at 01:40 AM.
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Old February 17th, 2011, 04:18 PM   #143
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Quote:
Originally Posted by kingchef View Post
one thing i fail to understand is the fact that the horizon tower is allowed to sit in its current condition. this seems to be a really smart business move on an investor's part, or ridiculously irresponsible.
I've posted some pics that show exterior work has resumed on the Horizon Tower @ South End/South Bluffs.
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Old February 17th, 2011, 04:29 PM   #144
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Photo by Jim Weber

Contractors with Webb Building Corp. work on a helical ramp, part of the Beale Street Landing project, as progress continues Monday on the riverfront development. The basic components of the landing -- including a floating boat dock with the helical ramp and a grass-covered building for ticketing, retail and restaurant operations -- should be finished late this year. Walkways and parking lots are planned to be completed in time to reopen that section of the park for Memphis in May. Planning and construction on the $35 million Beale Street Landing facility has been under way since 2002 but still faces funding issues, including a signature terraced park that remains unfunded.
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Old February 17th, 2011, 04:30 PM   #145
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DeSoto County booming, census shows; Southaven now 3rd-largest Mississippi city
The Commercial Appeal


"As expected, DeSoto County posted dramatic growth over the last decade, according to initial 2010 Census figures released Thursday: A surge of more than 54,000 people, from 107,199 to 161,252, reflecting a 50 percent rise in population."

http://www.commercialappeal.com/news...-census-shows/
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Old February 17th, 2011, 04:46 PM   #146
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2010 Brought $531 Million in Downtown Investment
Memphis Daily News


"Those completed private sector projects include the expansion of Le Bonheur Children’s Medical Center ($327 million); the completion of Court Square Center ($49 million); the Courtyard Marriott Downtown ($21.1 million); and the Barboro Flats mixed-use commercial and apartment development ($18.2 million). There’s currently $2.4 billion in public and private investment in Downtown projects under way or that have recently been completed."

http://memphisdailynews.com/editoria....aspx?id=56107
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Old February 17th, 2011, 04:47 PM   #147
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Racquet Club improvements welcome city’s annual tennis tournaments
Memphis Daily News


Quote:
The Racquet Club of Memphis is in full swing this week as it hosts the 2011 Regions Morgan Keegan Championships & Cellular South Cup through Feb. 20. Big improvements to The Racquet Club, like new video boards for the fans and new locker rooms for players and trainers, are helping to elevate the tournament experience for everyone. Tournament officials expect close to 60,000 fans this year. The Regions Morgan Keegan Championships is one of just 11 “500-level” ATP events worldwide, making it the fifth-most significant men’s tennis tournament in the United States. The tournaments will be broadcast in 33 countries around the world thanks to a TV deal with the Tennis Channel. The ATP also plans to film a “Memphis Uncovered” project during the tournaments for the Tennis Channel, looking at highlights of the city.
http://memphisdailynews.com/editoria....aspx?id=56239

(File Photo/Lance Murphey)

Andy Roddick returns to James Blake during their 2010 match at the Regions Morgan Keegan Championship tennis tournament at The Racquet Club of Memphis.
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Old February 17th, 2011, 04:48 PM   #148
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Towering vision: Project would remake Sears Crosstown into Memphis arts village
The Commercial Appeal


"A coalition in art and real estate has quietly been laying the groundwork for more than a year to turn the Sears Crosstown building into an arts-centric urban village. The still-fluid plan is to establish an artists' residency program, studios, exhibition and performance space in parts of the 1.4 million-square-foot building at Watkins and North Parkway. The rough estimate to renovate is $200 million."

http://www.commercialappeal.com/news...wering-vision/

Photo by Alan Spearman

Planners hope to fill the Midtown landmark, built in 1927, with offices, stores, schools, apartments, condos, hotels and nonprofit organizations.

Photo by Alan Spearman

Crosstown Arts, a nonprofit group led by Christopher Miner (left), Doug Carpenter and Dr. Todd Richardson, is working with the owners of the Sears building to revitalize the structure as well as the surrounding neighborhood.
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Old February 17th, 2011, 04:49 PM   #149
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Mitsubishi's plant in Memphis will employ 275, make electric transformers
The Commercial Appeal


The site will make extra-high voltage shell type power transformers and will be Mitsubishi’s national headquarters for the production of heavy electrical equipment.

http://www.commercialappeal.com/news...-275-make-ele/

Photo by Jim Weber

February 14, 2011 - Tennessee Gov. Bil Haslam and his wife Crissy listen as Memphis Mayor A C Wharton talks during an event at The Peabody Monday morning to announce that Mitsubishi Electric is planning to build a generator plant in Memphis. (Jim Weber/The Commercial Appeal)
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Old February 17th, 2011, 04:50 PM   #150
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On a Roll
Memphis scores big project in $200M Mitsubishi plant (& Divisional North American HQ)
Memphis Daily News


“I think what you’re seeing today is a precursor of a lot more to come,” said Haslam, who added he’d been anticipating the Mitsubishi announcement for several weeks.

Heery said Memphis “made our short list” because of its workforce and solid transportation infrastructure. “Memphis has it all,” Heery said.

http://memphisdailynews.com/editoria....aspx?id=56291

(Photos: Lance Murphey)

Brian Heery, president of Mitsubishi Power Products, announces a $200 million plant to manufacture electric transformers that Mitsubishi Electric plans to build in Memphis.


Memphis Mayor AC Wharton and Shelby County Mayor Mark Luttrell speak about a $200 million Mitsubishi Electric plant that will be built in Memphis.
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Old February 20th, 2011, 01:09 AM   #151
kingchef
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johnny, i wish you would place a copy of your latest picture of a portion of downtown memphis on wiki memphis. even though it doesn't include the north or south buildings, it really is a nice picture, and gives a fresh perspective of the downtown..
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Old February 22nd, 2011, 09:40 PM   #152
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Here's a good rendering of the Mitsubishi divisional North American HQ & conjoined manufacturing facility.

Industrial market expects boost
Mitsubishi, Electrolux to lure wave of suppliers
Memphis Business


http://www.bizjournals.com/memphis/p...cts-boost.html

COURTESY MITSUBISHI ELECTRIC POWER PRODUCTS INC.

Artist’s rendering of proposed Mitsubishi Electric plant in Rivergate Industrial Park
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Old February 22nd, 2011, 09:41 PM   #153
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ECOtality, EV Project will ‘electrify’ Memphis streets
Memphis Biz Journal



Quote:
Memphis’ original exclusion from a federally funded electric vehicle program has been reversed. ECOtality Inc. has confirmed Memphis’ involvement in The EV Project, the largest rollout of electric vehicles and charging infrastructure in the U.S. The San Francisco-based company held a meeting Tuesday at The Peabody to announce the city’s participation.
http://www.bizjournals.com/memphis/n...electrify.html
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Last edited by Johnny Ryall; June 21st, 2012 at 11:01 PM.
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Old February 22nd, 2011, 09:42 PM   #154
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'Game-changer': Ahead-of-schedule Tenn. 385 could reshape local transportation, development
The Commercial Appeal


Known in various sections as Paul Barret Parkway and Bill Morris Parkway, Highway 385 forms an approximately 50-mile-long horseshoe arcing from U.S. 51 in Millington eastward to Arlington, southward to Collierville and then back westward to Interstate 240 in southeast Memphis.

The portion from Millington to Collierville eventually will be part of the larger Interstate 269 loop around metropolitan Memphis. TDOT has begun acquiring right-of-way property for a three-mile stretch of I-269 extending from Collierville to the Mississippi line. Construction of the $40 million-plus project could begin next year.

http://www.commercialappeal.com/news.../game-changer/

Photo by Dave Darnell

This bridge, being built by Hill Brothers Construction, will help connect the previously finished segments of the outer loop of Tenn. 385. Work began in November 2009 and could be complete as early as late 2012.
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Old April 7th, 2011, 09:17 PM   #155
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Yes, locals & residents of other regional cities have started to notice Memphis is now getting considerably more concerts. Especially with the arrival of Minglewood Plaza (Minglewood Hall & the 1884 Lounge) which is quickly becoming a powerhouse for national touring acts with a high-end reputation to match.

'On Fire'
Memphis concert scene heats up amid national slump
Memphis Daily News


http://memphisdailynews.com/editoria....aspx?id=56623

Photo: Lance Murphey

Fans pack Minglewood Hall to hear Bassnectar last week. Bassnectar is DJ and remix artist Lorin Ashton.
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Old April 7th, 2011, 09:18 PM   #156
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Loeb's Overton Square plans revealed
Memphis Biz Journal


Loeb Properties Inc. unveiled its conceptual master plan for Overton Square at Memphis Heritage’s office Tuesday night, showing a site with a national retail grocer, a parking structure and plenty of New Urbanism ideas.

http://www.bizjournals.com/memphis/n...-revealed.html

COURTESY LRK INC.

Artist's rendering of Overton Square's main corner at Madison and Cooper.

ALAN HOWELL | MBJ

Loeb Properties' plans to transform Overton Square include a parking structure and a national retail grocer.
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Old April 7th, 2011, 09:19 PM   #157
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Okay, the seismic retrofit of the Pyramid is projected to be much lower than expected, but no official bids have been made. Bass Pro has said they're still in if the city is able to provide the upgrades. If it proves too costly, the alternative plan to demolish/salvage and have Bass Pro build could move forward.

Council Considers Fairgrounds Bridge Loan - Partial Pyramid Seismic Study
Memphis Daily News


http://memphisdailynews.com/editoria....aspx?id=57070

Also, more proposals by HUD for the former Mid-South Fairgrounds including more upgrades for Liberty Bowl Memorial Stadium. Upgrades would include 2 jumbotrons, rebuilding skyboxes, cosmetic upgrades & new lighting system. With recent upgrades to the stadium & the development of Tiger Lane, the Liberty Bowl is already sitting pretty these days.

image hosted on flickr
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Old April 7th, 2011, 09:19 PM   #158
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A Bridge to Cross
Harahan at center of ambitious pedestrian, cycling plan
Memphis Daily News


Memphis commodities broker Charles McVean is lending important connections to the effort and is as relentless in his pursuit as the trains that cross the bridge daily. McVean’s goal is to have people walking and bicycling across the Harahan in 18 months at a cost he estimates at “several million dollars.” “This is big,” he said. “We’re going to go across that bridge.”

http://memphisdailynews.com/editoria....aspx?id=57355

Photos: Lance Murphey

Memphis and Arkansas officials have secured the cooperation of Union Pacific Corp. to build a bicycle and pedestrian boardwalk along the 95-year-old Harahan Bridge. Officials estimate the plan will cost several million dollars.
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Old April 7th, 2011, 09:20 PM   #159
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Discover Park on the Move
Discovery Center Design Unveiled and Some Exhibit Plans Outlined


Discovery Park of America will be a $100 million dollar educational venue that will enable visitors to understand and celebrate the culture, spirit and accomplishments of the human race in nature, science, art and history. The state of Tennessee is considering the construction of a Welcome/Tourism Center on the property when I-69 is built adjacent to the west side of the property.

http://www.discoveryparkofamerica.com/project.html

Checkout these other images http://www.discoveryparkofamerica.com/images.html
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Old April 7th, 2011, 09:25 PM   #160
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Improved stadium, finances bode well for Redbirds’ 2011 season
The Memphis Daily News


Opening Day is right around the corner for the Memphis Redbirds, who will open the 2011 campaign with improvements to both its ballpark and its financial outlook. The Redbirds, the minor league Triple-A affiliate of the St. Louis Cardinals, on Thursday begin their 14th season in Memphis and 12th at AutoZone Park following the move from Tim McCarver Stadium in 2000.

http://memphisdailynews.com/editoria....aspx?id=57517

(Photos: Lance Murphey)

As the Memphis Redbirds prepare for their 12th season at AutoZone Park, the organization is hoping that improvements to both the stadium and the team's financial picture will bolster the franchise's overall outlook.


Alfredo Sanchez works on a new right field picnic terrace section at AutoZone Park. The area is one of several changes under way at the park before the opening of the Memphis Redbirds 2011 season. The franchise is hopeful that improvements to the ballpark and the bottom line get the team on more solid footing. (Photos: Lance Murphey


The 2011 Memphis Redbirds season will kick off with a home game Thursday against Oklahoma City. AutoZone Park has undergone several improvements including a new right field picnic terrace area, new outfield pads, new sound system and credit card machines around the park. (Photos: Lance Murphey
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