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DRG901

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Everything posted by DRG901

  1. Yeah if done right this could really connect the inner core of Memphis through the burbs all the way to Stanton. No doubt there's going to be tons of new developments from Lakeland/Arlington all the way to Haywood County. Would love to see it planned right and not just suburban sprawl.
  2. MATA looks at light rail option in Memphis to transport Ford workers (commercialappeal.com)
  3. DRG901

    Memphis Sports

    Is this team fun to watch or what?!?!
  4. New mixed-use development planned for South Main - Memphis Local, Sports, Business & Food News | Daily Memphian "A mixed-use development planned for South Main would anchor emerging corridors and offer more housing for a growing Downtown. Butler Row would span more than 2 acres, including the intersection at East Butler Avenue and B.B. King Boulevard, according to an application filed with the Board of Adjustment. " "The Butler, if approved for a variance, would deliver 316 residential units and 13,575 square feet of commercial space. It would also provide for 300 structured parking spaces."
  5. Grocery store chain Hy-Vee plans to open Memphis store, one of four in Tennessee expansion Corinne S Kennedy, Memphis Commercial Appeal Grocery store chain Hy-Vee plans to open Memphis store, one of four in Tennessee expansion (yahoo.com)
  6. Have they started construction on the mixed-use part on Central? With all this construction going on it makes me wonder how they will be able to have Memphis in May here.
  7. Yeah all of this looks great. And a lot of airports are generic with the same foods etc. Austin TX has all local foods and live music in their airport and I've always thought it was really cool.
  8. University of Memphis attains highest level of research status after big push for R1 University of Memphis gains R1 research status from the Carnegie Classifications of Institutions of Higher Education. - Memphis Business Journal (bizjournals.com) “The attainment of top-tier Carnegie R1 status demonstrates not only the remarkable talent of our faculty and staff, but also our capacity to compete at a national level and succeed,” said U of M president M. David Rudd, in a press release. “This is a truly remarkable accomplishment that will stand forever as a moment of great significance in the history of our wonderful university.” New Carnegie rankings are made every three years, with schools having to re-earn the distinction each cycle. The status designates U of M as a doctoral university with “very high research activity;” previously, it was a tier down, with an R2 listing that means it has “high research activity.” U of M now joins Vanderbilt University and the University of Tennessee at Knoxville as the only other Tennessee schools with R1 status. In the tri-state area, University of Arkansas, University of Mississippi, Mississippi State University, and University of Southern Mississippi have it as well. U of M was one of only three schools to successfully move up from R2 to R1 status this year, and it comes after a major research push by faculty and staff. In FY 2021, the institution eclipsed $50 million in research awards for the first time. In FY 2019, that number was $32.59 million. Beyond a distinguished title, R1 status could bring tangible benefits to both U of M and the surrounding community, as a 2020 economic impact report from the university estimated that gaining R1 status could have an economic impact of $218 million each year, provide $98 million in labor income, and create about 1,550 jobs. “Knowing the impact that R1 institutions have on their local and state economy … rankings do matter,” Ted Townsend, then U of M’s chief economic development and government relations officer, said in June 2020. “It attracts the top talent, and it attracts the top students."
  9. MEM adds nonstop flight to Boston - Memphis Local, Sports, Business & Food News | Daily Memphian
  10. I agree. I think farther south would activate that area a lot more. Plus it's all connected down BB King from Autozone Park/Forum/down to this site and through Beale and close to South Main. If I had to guess I would predict the CA site just becomes more mixed-use with apartments/retail a la The Walk. That would still connect the core of Downtown to The Edge with people/businesses more hours of the day than a stadium that's not really active unless a game is going on. Either way... if they end up building a soccer specific stadium and keeping it downtown either is fine with me.
  11. DRG901

    Memphis Sports

    I would think MLS would be ahead of MLB... 901FC are extremely popular and draw well. The ideas of a soccer specific stadium to be expanded could help the chances long term if that happens.
  12. Caught this in The Daily Memphian today- some movement on the Grand Hyatt. "Tom Bailey reported in July that One Beale’s Grand Hyatt was set to start rising in early 2022. Construction for the $190 million glass hotel is expected to last two years. A commercial new construction permit was filed Monday, Dec. 6, for the 5.2-acre One Beale project, but only for the current phase’s foundation. The estimated cost for this phase of development is listed at $9.3 million. The building height is projected to be 235 feet. A grand opening for the hotel and convention center at 245 S. Front Street is slated for no later than April-June of 2024. " Inked: Here comes Whataburger; One Beale progress; new ownership for Chickasaw Oaks - Memphis Local, Sports, Business & Food News | Daily Memphian
  13. Agreed. And there was actually another article a few days ago about redevelopments for all of Summer from E Parkway to I-240. Officials near final plans for Summer Avenue improvements - Memphis Local, Sports, Business & Food News | Daily Memphian "The main thoroughfare may soon receive some much-needed improvements between East Parkway and Interstate 240 to become a “complete street” that is safer for everyone, including drivers, pedestrians and bicyclists. In turn, the improvements would hopefully attract new businesses and people to the area. " "According to designs, the corridor would receive some streetscaping and traffic calming with planted or brick paver medians, bike lanes and pedestrian walkways. And potential development and redevelopment could occur in various sites from East Parkway to North White Station." "At Hollywood, three-story mixed-use, retail and residential developments could complement the new Link Apartments being built behind them on Broad Avenue. The site could also feature a community garden and dog park. “We’re hoping to build off of the momentum on Broad Avenue and the Link Apartments that are currently being constructed and captivating that momentum and moving it up towards Summer and creating a nice, walkable, urban type of area there,” Carson said "At the Perkins intersection, Walgreens, Superman Discount and Fresenius Kidney Care would remain. But the northern parking lots could receive boutique-style restaurant and retail developments and the gas station, which typically hosts a food truck every day, could get a food truck plaza. " "At the Village Shopping Center at Summer and Vaughn, some of the under-used parking lot could be converted to public space and the plaza’s facade receive rehabilitation." Intersections, like Summer and Graham (pictured), would receive crosswalks, and protected bike lanes would be placed on the sides of the street between National and White Station. (Courtesy Bradyn Carson) Design concepts show the potential for developments in the parking lots at Summer Avenue and Perkins Road. Boutique-style retail and restaurant spaces could be built in the parking lots of the Walgreens and Fresenius Kidney Care; and Superman Discount, which hosts a food truck every day, would get a food truck plaza. (Proposed changes in red.) (Courtesy Bradyn Carson)
  14. Townsend buys 6th property on Summer Avenue's west end - Memphis Local, Sports, Business & Food News | Daily Memphian "William “Bill” Townsend has struck again, this time buying and planning to renovate a strip shopping center where Summer Avenue meets Midtown. Townsend Development LLC just paid $2,040,000 for the beige-brick, 32-year-old building at 2364 Summer. The 14,803-square-foot strip center houses a Family Dollar, Subway and Best Wings of Memphis." He now has at least six commercial properties on the two blocks: The vacant southeast corner of Summer and East Parkway, 2347 Summer A vacant lot across from the Memphis Light, Gas & Water Division satellite office, 2419 Summer The vacant southwest corner of Summer and Hollywood, 2451 Summer The old Luciann Theater property that he has been renovating, 2432 Summer The vacant, 97-year-old building at 2408 Summer where Townsend commissioned public art depicting Elvis and Tina Turner And now the strip center at 2364 Summer In addition, Townsend has purchased or is buying several residential properties adjacent to the Summer Corridor. "In the long-term, Townsend plans to create a planned development for the empty lots and vacant buildings using New Market Tax Credits that are designed to spur job growth." The City of Memphis is created a plan -- to be carried out with TDOT funding -- to make Summer more walker-friendly, to make the streetscape more visually appealing, and to calm, or slow, traffic. The plan for Summer’s western two blocks includes a landscaped median, Townsend said. “Neighbors want access to more retail places. They want a prettier streetscape. They want buildings with nice facades. They want a walking neighborhood. “And they don’t want to feel displaced,” Townsend said. “And we don’t want to displace anyone. We want to be an additive to the neighborhood.”
  15. Mixed use development proposed in Bartlett at the intersection of Summer (Hwy 70) and Stage (Hwy 64). From the Daily Memphian Developer seeks Bartlett's first-ever TIF - Memphis Local, Sports, Business & Food News | Daily Memphian "Grant’s proposing a $160 million mixed-use project called Union Depot and is seeking Bartlett’s first Tax Increment Financing for the project. “It’s contingent on the getting a TIF (Tax Increment Financing) and getting a plan approved over the next two months,” he said. Last Thursday, Bartlett’s Industrial Development Board approved the TIF application to move Union Depot forward, and the economic development study will be presented to board on Nov. 18. “We’ve never had a TIF in Bartlett. This would be the first project here that uses that kind of financing,” Bartlett Chief Administration Officer Mark Brown said. Union Depot, a reference to Bartlett’s original name, would include roughly 334 flats, 90 townhomes, and 160 single-family homes, along with 62 lofts above retail uses covering an additional 6 acres." "The residences above retail would be a first for Bartlett under the new mixed-use ordinance that passed about two years ago, allowing a special-use permit for a project of this type."
  16. No doubt this is a huge project to attempt and could be a lot higher in costs once it gets started. I am glad the city is actually being proactive to attempt something. And I hope at some point whenever the lease issues or whatever is up they are proactive with the Sterick building too. Crosstown sat empty for far too long as well and I eventually became a believer that nothing could be done with it.
  17. All of those are great and I wish there were renderings for the proposals by Block Real Estate Services & Sunflower Development Group and Flaherty & Collins to have a better idea of those on a final product if they win but man the Carlisle renderings are awesome and really give new life to the old building.
  18. I don't like what's being done with the parking garage building, but at least it's not on a main street.. otherwise, I don't dislike it. Still a massive development bringing lots of residents and retail on a huge chunk of land that desperately needs an overhaul.
  19. From the Daily Memphian: Central Yards submits new construction application - Memphis Local, Sports, Business & Food News | Daily Memphian The four buildings would include Building A: a five-story precast concrete parking garage, joined by a four-story office structure with a rooftop pool amenity. Building A would be bounded by York Avenue on the north, Tanglewood Street on the west and a new access drive on the south and east. Building B: a six-floor mixed-use building with commercial bays on the ground floor and apartments above. Building B would be bounded Central Avenue and an elevated railroad line to the north, a new private drive on the east and York Avenue to the south. This would be the development’s largest building, including over 20,000 square feet of retail and restaurant space on the ground floor. Brick and glass would be the primary building materials. Building C: a five-floor mixed-use building with commercial bays on the ground floor and apartments above. Building C would be bounded by Central Avenue to the north, a new private street to the west and a new one-way access road to the south. Brick and glass would be the primary exterior materials, with a small portion of metal siding used as accent material. Building D: a five-floor mixed-use building with commercial bays on the ground floor, apartments above, and an additional commercial space intended to be a bar at the fifth floor. Building B would be bounded by Cooper Street to the east, York Avenue to the south, a new private street to the west and a one-way access road to the north. Brick and glass would be the primary exterior materials on every side of the building, paired with metal panels used on the upper floors and as vertical elements that would break up the facade.
  20. Felicia Suzanne's moving into the old Spindini spot on South Main. Felicia Suzanne's prepares for big move with short commute - Memphis Local, Sports, Business & Food News | Daily Memphian
  21. Prospero Health expands new HQ Downtown, commits to hire 530 people over 5 years Prospero Health is moving to a new headquarters Downtown at 50 S. B.B. King Blvd. as part of a major expansion and hiring investment. - Memphis Business Journal (bizjournals.com) "Prospero Health is moving to a new headquarters Downtown as part of a major expansion. The health startup has had a meteoric rise. The company placed its operational headquarters in Memphis at the behest of its cofounder and COO, Michael Scarbrough, in 2019. At that time, it occupied 12,000 square feet at One Commerce Square, with 16 local employees. A year later, it doubled its square footage and got to 67 local employees. Now, the company is relocating to 80,000 square feet across four floors at 50 S. B.B. King Blvd. The company plans to move into its new HQ in early 2022. "
  22. I was expecting a lot better on this site. Something with residential over retail fronting Union a la The Citizen a block or so away.
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