One Beale (new) |Grand Hyatt, Hyatt Centric hotel, Caption by Hyatt hotel, apartments

[DRG901]

51 minutes ago, Memphis4ever said:

New 250 foot tall Hyatt Hotel for the final site of One Beale, Downtown Memphis development: Third hotel planned at One Beale (commercialappeal.com)

 

Fingers crossed?   I hope this pans out and I hope there's renderings at the meeting tomorrow.   

[Memphis4ever]

10 minutes ago, DRG901 said:

Fingers crossed?   I hope this pans out and I hope there's renderings at the meeting tomorrow.   

Well Chase Carlise is on the board so im sure this project will go through especially since its backed by Hyatt and they have already started construction on 2 of their hotels on this site.  Now if we can get this convention center hotel to break ground.

[VSRJ]

Great news! Fingers crossed indeed. I’m sure once a Covid vaccine is readily available and case counts decrease we’ll (hopefully) see tourism rebound fairly quickly.

[DRG901]

 

 

Well here's a rendering.

 

[Memphis4ever]

Non Stretched  image.

[VSRJ]

Wow that is much better than I was anticipating. 

[MidTenn1]

On 11/30/2020 at 5:08 PM, Memphis4ever said:

New 250 foot tall Hyatt Hotel for the final site of One Beale, Downtown Memphis development: Third hotel planned at One Beale (commercialappeal.com)

 

Rendering...

 

Massing diagram...

 

Edited December 2, 2020 by PHofKS

[VSRJ]

I'm (very) cautiously optimistic:

One Beale tower lands first approval for immense, complex incentive package

https://www.bizjournals.com/memphis/news/2020/12/09/one-beale-tower-approved-for.html

Quote

The incentives package put together for the new, $190M tower at One Beale is complicated and immense. It is poised to total about $268M over 30 years, but that money would all be generated by One Beale itself, in one way or another.

 

[21jump]

23 hours ago, VSRJ said:

I'm (very) cautiously optimistic:

One Beale tower lands first approval for immense, complex incentive package

https://www.bizjournals.com/memphis/news/2020/12/09/one-beale-tower-approved-for.html

 

Whew, that is a lot of money in incentives. I don't recall ever seeing a hotel with an incentive package that large. Hopefully it works out for the city.

[Memphis4ever]

Im liking the look with the white metal and black windows. 

[VSRJ]

^ Agreed - such a nice contrast to the surrounding buildings.

[dxfret]

This is so low rise and suburban looking.  Seems vastly out of place. 

[Memphis4ever]

1 hour ago, dxfret said:

This is so low rise and suburban looking.  Seems vastly out of place. 

You really should go down there and see it this is far from suburban, I have seen nothing this nice in a Memphis suburb.  If you understand the context of that area of front street and beale most buildings are about 3 floors and warehouse or storefronts so a super tall building at this site would stand out more.  it actually compliments the area well and knowing that a taller 22 floor hotel will go up behind it at the river lets me be ok with the height of this building lol.

[smeagolsfree]

I don't get a chance to get over here often because my rear end is busy on the Nashville forum. Memphis4ever, please keep me posted on this project.

Looks like you and VSRJ have done a bang up job over here. Thanks!

[TheExtraEastKid]

Hyatt Caption should be in the early stages of construction right now.

[Memphis4ever]

Tower Crane going up today for the 2nd hotel, the Hyatt Caption.

[VSRJ]

There are some great new photos of the exterior and interior hotel here:

https://www.commercialappeal.com/story/money/business/development/2021/02/24/downtown-memphis-hotels-hyatt-centric-one-beale-street-development/6702858002/

Quote

The new 227-room hotel will incorporate one of Downtown Memphis’ long-vacant historic properties, the William C. Ellis and Sons Ironworks and Machine Shop on Front Street, which has been adapted into a meeting space for the hotel property. It will also connect the Hyatt Centric to the future Hyatt Caption.

 

[Memphis4ever]

Here is an update on the Hyatt Caption.  Main concrete core is up and steel framing started, There may be 1 more floor of height.

[VSRJ]

While I would have preferred the height of the earlier One Beale proposals, this is great infill. 

[Memphis4ever]

9 hours ago, VSRJ said:

While I would have preferred the height of the earlier One Beale proposals, this is great infill. 

The good news is we still get the 20 story grand hyatt after this tower wraps up on the remaining portion of the lot

[DRG901]

Final renderings of the Grand Hyatt, set to break ground early 2022 and complete in 2024

 

One Beale reveal: Grand Hyatt's final renderings unveiled - Memphis Local, Sports, Business & Food News | Daily Memphian

 

[MLBrumby]

Finally, a new addition to downtown over 12 stories.  Good start to Memphis' resurgence. 

How likely is this one? 

Is that the site of the One Beale (30 story tower) plan from 12 years ago? 

[VSRJ]

11 hours ago, MLBrumby said:

Finally, a new addition to downtown over 12 stories.  Good start to Memphis' resurgence. 

How likely is this one? 

Is that the site of the One Beale (30 story tower) plan from 12 years ago? 

It is. I'd say this one has a much better chance.

Hopefully it is a sign of good things to come. The new nearby Hyatt Centric's rooftop is amazing, and this one will no doubt be even better.

[Memphis4ever]

I have attached more detailed renderings from upcoming design review board documents.

 

 

 

 

 

 

 

 

[MLBrumby]

Gosh, Memphis needs this. A Grand Hyatt is a big deal.  The chances of this thing look very good. Fingers crossed.