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VSRJ

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8 hours ago, VSRJ said:

Clark Tower has sold - it'll be interesting to see what improvements the new owners have planned:

Clark Tower purchased by local company, Cicada Capital Partners

https://www.bizjournals.com/memphis/news/2021/08/02/clark-tower-purchased-by-local-company.html

 

I really hope this ties into whatever happens with the Carlisle mixed use at the Racquet Club site.  There was talk of making Clark Tower/Brookhaven and everything else on that block into a more walkable and connected area.  With new local owners hopefully they are all working something out.  Prime opportunity

 

Sounds like a good sign:

“The proposed renovations and repositioning of Clark Tower will complement the recently completed and proposed new developments in the immediate area, along with the many walkable area restaurants and other amenities,” Soefker said.

Edited by DRG901
Added quote from article
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  • 4 weeks later...

More development in the University District:

Board approves requests for University District apartments

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https://dailymemphian.com/section/neighborhoods/article/23744/board-approves-requests-from-university-of-memphis-apartment-developer

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The Memphis and Shelby County Board of Adjustment voted Wednesday, Aug. 25, to approve seven variance requests from ZDC Properties, which is based in Boca Raton, Florida.

At a July meeting, the board voted for a one month abeyance, giving ZDC – which does business as Houston Street Properties LLC – time to resubmit its application.

One request sought relief from a decision by the city engineering department that would have prohibited construction over a concrete drainage flume on the border of the property at 587-619 Houston St.

 

 

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Great news for University of Memphis Athletics (and the community as a whole):

Memphis athletic department reveals master facilities plan: Tiger Park

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https://dailymemphian.com/article/23754/memphis-athletic-complex-master-plan-tiger-park

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The University of Memphis unveiled its master facilities plan, with details of new buildings and upgrades, for its Park Avenue campus, starting with the name: Tiger Park.

The “Vision 20/20s” plan, announced at Wednesday’s board of trustees meeting, made clear that the construction priority is the “Student-Athlete Success Center,” a 60,000-plus development anchor that will include a dining center, as well as academic and support services.

 

 

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  • 3 months later...

Interesting architecture for East Memphis. I like it!

Local developers plan to build four-story brownstones in East Memphis

https://www.bizjournals.com/memphis/news/2021/12/21/developers-brownstones-east-memphis-alladin.html

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November 6 Investments, which recently announced a $29 million adaptive reuse of the Greyhound building in Uptown, is also creating an infill project in a vacant lot adjacent to the group’s headquarters, at 825 Valleybrook Drive.

The build, which will be known as The Charleston, is inspired by those in bigger cities such as Boston or New York. The lot itself is small, only 10,000 square feet, so the plan is to build taller. The company expects to spend more than $6 million to complete the project. A building permit valued at $4 million was filed in July 2021 for the construction.

 

 

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2 hours ago, VSRJ said:

Interesting architecture for East Memphis. I like it!

Local developers plan to build four-story brownstones in East Memphis

https://www.bizjournals.com/memphis/news/2021/12/21/developers-brownstones-east-memphis-alladin.html

charleston-exterior.thumb.png.41c914b784ce57551a13f67e1888852c.png
 

 

I do like that.  I wonder how many units total.  I have a feeling the neighbors will complain about it being too tall and that it will increase traffic.  

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  • 4 weeks later...

 

Carrefour at Poplar and Kirby which had been approved as a new mixed use development in 2019 has been sold to Billy Orgel and investors who plan to redevelop it in a similar way.

Carrefour shopping center sold to prominent local developers - Memphis Local, Sports, Business & Food News | Daily Memphian

Edited by DRG901
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  • 1 month later...

20220304_121814.thumb.jpg.7ed7befec32544e3529538b2e229a03c.jpgThis is going to be near Perkins and Poplar. The lot that's behind Soul Fish. Glad to see East Memphis get more opportunities to use space to create midrise living. I still got my eye for what they'll announce for the old racquet club. 

Edited by TheKernel91
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