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MDC26

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About MDC26

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    Little Rock, AR

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  1. Looks like you've got the number wrong from 2010, as it was 2,915,918, which results in a 97,000 increase. From 2000 to 2010, we had an increase of 242k, a 9.1% increase, which was very close to the National 9.7% increase. I wonder what factors went into our rate of growth dropping to less than half of the National rate over the past decade
  2. It may not be the the top factor, or even in the top 5, but it is in there somewhere. I'm sure it factors in a lot more with people considering moving to Memphis, or others leaving Memphis, and this can affect economic growth by not having as strong as a workforce. Memphis is ranked 3rd highest in the nation on many lists. I know this year there has been a rise around the country, not just in Memphis, but the increase in violent crime is disturbing. Maybe the businesses that go so far as in having discussions with city leaders may not say its a big factor, but there could be large amounts
  3. Very sad and scary. Unfortunately, I think crime has been one of the things that has held Memphis back economically. It definitely factors in for some people thinking about investing, locating businesses, or moving to Memphis. Downtown used to be one of the safest places in Memphis, but it no longer appears that way. This occurred right in the heart of the entertainment district before 10pm on a Saturday night. https://wreg.com/news/man-dead-after-shooting-in-downtown-memphis-2/
  4. That's becoming less and less necessary with CG. Or they just build it from scratch like the Elvis movie in Australia. But for low budget shows and films, it will still be useful.
  5. The downtown Mason Lodge sold for $2.2 million to Bill Townsend, the owner of the Luciann Theater. He wants to turn it into an event space and film studio. https://www.bizjournals.com/memphis/news/2021/04/13/townsend-buys-masonic-temple-movie-event.html With this and the Malco Majestic, there's really an effort into bringing in filming industry. Hope it succeeds.
  6. Yeah, I remember reading about this awhile ago, so I think it's a couple years in the making. Kinda off by itself with no residential around, but I think I remember him saying it was the only location he could make it financially feasible.
  7. Yeah, not exciting, but it's somewhere would a bank would want to go. They have cleared the large wooded at the other corner of Chenal/Rahling. I have no idea what that will be. They've also cleared away trees at Rahling and Chenal Valley Dr. I also saw that the property at Kanis and Rahling was recently sold. Lot of work going on along Chenal/Rahling corridor now.
  8. Yes, I was aware that most of the things were already present. Probably why the site was attractive to them. Much more cost effective to renovate some hotels, re-sod a golf course, and build a walking path around an existing lake than to start from scratch. Tunica is a very interesting place. It started from scratch in a county of 8,000 people that only had 2,000 jobs and became, at one time the 3rd largest gaming center in the country. It didn't exist in an urban setting but sprung up in the poorest of places amongst bean and cotton fields. 12 casino sites were built over the year
  9. Looks nice. Besides the Pinch project, Intrator has quite a few projects planned on Main and Front St. I believe 18 S Main is the only one that started construction so far. Hopefully the others will get rolling soon.
  10. Yeah, they will be 115 miles apart. Wolf Lodge will be indoors, this one doesn't specify, but maybe outdoors. This will have 18 hole golf course, spa, convention space, adult arcade, a lake with fishing and walking, restaurants, target shooting, and youth fields. Wolf Lodge seems more family - oriented to kids. This one has a greater variety of activities for everyone of all ages, even without kids.
  11. Malls are closing around the country. Ownership companies are going bankrupt around the country. This is because brick and mortar retail stores are closing because of online shopping. There's a huge transition going on in our economy and malls are going to be a major victim. The pandemic has hastened this too. Malls were even closing before the explosion of Amazon or the pandemic. What we will start to see is they will have to drop rent, and you will see an increase of local businesses in malls as opposed to national chains. Older malls will be torn down and some have even been converte
  12. The project has an official name and design now: Orleans Station https://dailymemphian.com/section/business/article/20841/orleans-station-will-bring-hundreds-of-residents
  13. I recently talked to someone while in Disney that was from Bentonville. They drove to KC to fly from there. I'm sure there's some leakage to there as well as Little Rock. Sometimes it not always about price, but rather times and dates.
  14. Yes, right between St. Jude and The Pyramid. Next to the Convention center and the bridge to Mud Island. Probably doesn't help that St Jude is completely gated off, and the Pyramid is down the Bluff. Regardless, it's still a prime location. I wish the Pyramid bridge over the tracks wouldn't have been torn down. Hopefully the city builds the new walkway soon. Intrator's group owns pretty much everything now that St. Jude doesn't, so it's all in their hands.
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