JTM1
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Posts posted by JTM1
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On 2/12/2023 at 11:40 AM, DowntownUrbanite said:
MATA needs to extend the trolley line 4 blocks north to access the Snuff District including the Conwood development, Varsity Spirit, Soul and Spirits Brewery, and the many new apartment developments. I would love to see a second Top Golf location placed between the Snuff District and the Grind City Brewing Company. The Trolley Extension might make this possible by allowing a safe transit corridor between the area and the many Downtown Hotels.
I agree. That parcel is going to be prime lake front property.
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On 2/10/2023 at 4:29 PM, The Guardian of Memphis said:
Speaking of Danny Thomas, the downtown master plan suggests that it should be an at grade road in the core so there can more connectivity to the Edge. I’d like to hear opinions on that as well. I’d welcome it, because the current setup isn’t that good. It acts like an interstate with all the signage and discourages walkability. The Walk’s plans called for a cap over DT at Madison. I’d rather have the at grade option instead.
I believe this is what you're referring too.
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On 2/10/2023 at 4:35 PM, The Guardian of Memphis said:
I hope so. Had fun going to showboats games in the past. Hopefully this generation of Mid-Southerners will get behind them too. Just not a fan of minor leagues now. We’ve been through that enough. Looking for this to be a springboard for a second major league franchise in the future.
One of the things that I notice about Memphis, is that it's really a sports city, and there are a lot of people here that support different types of sports, and various sports franchises, because Memphis doesn't have one of its own.
Give the people a good product to support and they will. I predict the Showboats will be a formidable team and I believe the city will get behind them.
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4 hours ago, VSRJ said:
I know nothing about football. How does this make Fred Smith a smart man? It seems like these leagues always fizzle. Hopefully someone can provide some perspective!
Fred Smith has always wanted to own his own NFL team and I know for certain that he has shown interest in the Commanders.
The USFL, last season, presented a fairly good product and it has the potential to be a premier league that is played in the Spring. Smith is getting involved because first, he loves football, and he plans to awaken a sleeping football culture in Memphis that will rival any other large city.
Having said that, I do believe he is going to make a bid for the Commanders.
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4 hours ago, MDC26 said:
I'm glad they brought them back, but I just don't see how these football leagues can last. It's no longer the days when you rarely get to watch your NFL or NCAA football team on TV. Every NFL game and college football game is televised. These leagues can no longer come into a market to fill the void of giving someone the opportunity to watch football. NFL and NCAA are such juggernauts, corporate sponsors will be harder to come by. The pay for players is so low, and there's little to no hope of being able to move up to the NFL.
I believe the USFL and XFL will eventually merge as one league.
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5 minutes ago, MDC26 said:
Will actually be the 12th tallest building in Memphis. 1Edging out the Exchange Building by a single foot. The other St. Jude Tower will be 14th tallest, just ahead of LeBonheur.
It's definitely going to change the skyline landscape. Driving I-40 will look so different.
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15 hours ago, MDC26 said:
They increased the height of one of the towers. Will be 265-ft.
I noticed that too.
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The group plans to redevelop the surrounding properties along with the former Snuff District site serving as the development’s 65-acre centerpiece.
The first portion of that redevelopment — the 136-unit Conwood Flats and 67,000-square-foot Varsity Spirit headquarters — is now open.
“It’s huge to put that many people living and working up here,” Slovis said.
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Construction permits were filed Tuesday, Feb. 7, for two towers at St. Jude Children’s Research Hospital’s Downtown campus, signaling its $12.9 billion campus expansion is progressing.
Oklahoma-based Flintco Construction filed the permits with the Memphis and Shelby County Division of Planning and Development.
The permits are for a 15-story, 685,551-square-foot outpatient clinic building and a 16-story, 581,343-square-foot clinical office building. The two buildings have a combined estimated cost of $74.5 million.
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Fred Smith is a smart man. He knows what he's doing by bringing the USFL back to Memphis. I wish they went with the old design.
27 minutes ago, Memphisborn said:There was no funds allocated for new soccer stadium . Hopefully city leaders will see the stadium needs to go downtown. Union row would be amazing location. I’m still a proponent for the CA site in the Edge District as well either way would be great as long as it’s in the downtown area
Memphis Mayor Jim Strickland said the city is at “halftime” of its ongoing game to renovate or reconstruct four city-owned stadiums, and his administration remains committed to renovations at AutoZone Park and a soccer stadium to replace the Mid-South Coliseum for Memphis 901 FC.
“It’s a huge win to be in the governor’s budget. (It’s) the dollar amount that we asked for, and I’m very excited about that. But to use a football analogy, we’re at halftime and we have a whole other half to play,” Strickland said.
“We have to keep that $350 million in the budget through the legislative process, but also work to increase the locations where we can spend that money. So we’re still committed to 901 FC and building them a new stadium and to the renovations at AutoZone Park.”
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On 2/2/2023 at 10:56 AM, MDC26 said:
How long ago was this rehabbing of the Dermon Building? Wonder why it closed down since then.
The owner first was going to convert it into a hotel, but the pandemic happened, and now it's set to become condos and apartments.
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23 hours ago, Memphisborn said:
No I didn’t see it I’m out of free articles can u copy and paste it for review.
I've got you.
20 hours ago, MDC26 said:I’m not a subscriber. For some reason, my old office computer allowed me to read all DM articles. The IT people changed out my computer, and now I can’t read the subscriber articles anymore.
Here you go.
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On 1/24/2023 at 10:50 AM, Memphisborn said:
It’s great to hear they are moving forward with the cleaning of 100 N Main. Under the current state of affairs with construction cost soaring it’s encouraging to see them stick with the project. Timeline of 2026 to complete seems doable if there are no unexpected hurdles. Fingers crossed
Agreed. I've been wondering what will be the square footage of the condos.
I must say, three of the developers, in this group of developers, for 100 N Main, are involved in other major developments presently under construction or about break ground.
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42 minutes ago, VSRJ said:
Seems like hotel/residential will continue to be the major drivers of downtown development.
Any additional info in the story for those without a subscription?
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3 hours ago, MDC26 said:
100 N Main submits $7 million plan for cleanup/partial demo
There has been some type of activity going on in 100 N Main, but I am not sure what it could've been.
I was at the Fire Museum a week ago and there were construction workers going into the building, when I was leaving the museum. One thing I hope they do is give the building a proper name.
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On 1/15/2023 at 3:03 PM, The Guardian of Memphis said:
There may not be enough space at that location, but all the structures on that block (275 Jefferson, Masonic Temple, 300 Court) will have to be torn down, so it may work. That part of downtown, especially near 201 Poplar and Uptown Square needs IMMEDIATE attention.
I really would hate to see down 300 Court and the Masonic Temple torn down.
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10 minutes ago, MDC26 said:
Yes, if you blocked off Court Ave or dug it out to go under the stadium, and razed the school, there could be room for it. If you look at Louisville's stadium, which is about the size we would need, its around 600ft x 500ft.
Yup, that's pretty great. I think Mud Island is included in the downtown population, so that's a good chunk of that, so not necessarily 26k in the downtown core.
You're correct, and there's considerable effort going into populating the core.
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Paul Young is quite optimistic about what's happening downtown.
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On 1/17/2023 at 8:17 AM, smeagolsfree said:
After seeing where the Sterick Building is, I was wondering what the downtown residential situation is in Memphis. It seems as if this building is prime to be rehabbed as a residential and or a hotel building. My guess is that it could be picked up for a song and a dance.
If it goes on the National register of historic Places, there are certain grants I think that the building would be eligible for.
From WIKI
"Further complications toward redevelopment include legal entanglements regarding the ground lease. The Sterick Building is a land lease property wherein the original builders leased the land the building stands on for 99 years without buying the land outright. The land and the building are currently owned separately.[8] The land is owned by The Sterick LLC and the building's lease is held by AXA Equitable Life Insurance Company."
The lease would be up in 2027 it seems from what the above says.
According to the DMC there are more than 26, 000 residents that live downtown, and yet growing. There's a lot happening downtown.
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On 1/15/2023 at 3:03 PM, The Guardian of Memphis said:
There may not be enough space at that location, but all the structures on that block (275 Jefferson, Masonic Temple, 300 Court) will have to be torn down, so it may work. That part of downtown, especially near 201 Poplar and Uptown Square needs IMMEDIATE attention.
I think you're right, there may not be enough land in that area. In my opinion, the only building that would need razing would be the school, because you could build over court. I don't know the acreage needed for the stadium, but there's at least 15 acres in that block. I agree, the area needs activating. That's why I believe, they could squeeze the soccer stadium, and some other stuff too, in there.
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On 1/13/2023 at 8:11 AM, MDC26 said:
What's your idea for the area between VMC and Commonwealth, and where do you think the soccer stadium should go?
Speaking of a bank into a hotel, the guy that did the Arrive Hotel, had plans to turn the former bank building at 158 Madison (Leader Federal Bank) and the adjacent building into a hotel, but that hasn't materialized. The partner of the developer was arrested for public corruption in Palm Springs, so that may have put a damper on things.
I was thinking along the lines of a mix use that housed a food hall, Avis, and an all sports, sports club. There's a parking garage on Court that would alleviate any parking issues, but they would need to add floors to it. It's close enough, they could connect it with any new construction. Avis could also keep its vehicles on a segregated floor of the garage. Put the soccer stadium, just west of the Commonwealth building. I am referring to the property and old First Tennessee bank building on Court Ave.
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On 1/13/2023 at 6:43 AM, smeagolsfree said:
I am out of free reads.
Apologies.
This is the gist.
“It took 10 years to recover from the 2008 recession,” Chamber president and CEO Ted Townsend said during the event, held at the Memphis Botanic Gardens. “It took only two years to recover from the pandemic.”
The national average for post-pandemic recovery was two and half years, according to Townsend. The Memphis MSA not only recovered faster than the average, it has become a top 20 region for wage growth.
“2023 is going to be our springboard year,” he said.
Townsend added that the area’s pandemic recovery and its development pipeline are positive signs for Memphis. He also said the pending announcement of Ford’s BlueOval City supplier list could be a key catalyst for economic growth this year.
While Townsend remained bullish on the Memphis economy, McVean Trading and Investment chief economist Michael Drury outlined several signs that a national recession might not be on the way, either.
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The Ford plant hasn't opened yet and Memphis is enjoying the economic wind.
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On 1/8/2023 at 2:54 PM, DowntownUrbanite said:
The Sterick should become predominantly a luxury hotel mixed with several floors of luxury residences near the top, the relocation of the Visible Music School on several levels above the ground floor, and hotel lobby, restaurants, lobby bars, and gift shops on the ground level. The current Visible Music School would be demolished, and along with the surface parking lots and Avis Rental Center, be transformed into an 8-10 level parking garage, with an apartment liner building overlooking Autozone Park, a new performing arts center and theater to be shared by the visible Music School and hotel, and a new vehicle rental center to serve Downtown.
I agree with this, but I think the Visible Music College building should be incorporated into the design and redevelopment of the Sterick. They would definitely need to close the alley between the two buildings.
I was recently in Oklahoma City and I had dinner at the National Hotel. It's a former bank that has been transformed into a very nice hotel. This is the design style I think would be great for the Sterick.
https://www.thenationalokc.com/
I have an idea for the area between the VMC and the Commonwealth building, and Avis can be included included in the development. It would generate local and tourist foot traffic with retail, residential, and entertainment. I think the school should be relocated over to Jefferson, and that Court property would be a great location for Mayor Strickland's proposed soccer stadium and the redevelopment of the bank building and property across from it.
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What’s next For Commercial Appeal building??
in Memphis
Posted
There is so much that can be done with this property and I hate Gannett sold it to an outsider. I honestly believe this would be a good location for the soccer stadium, because according to the city's RFI, the stadium footprint of the Coliseum is 5-6 acres.