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Downtown Memphis News & Developments (CBD, South Main, Riverfront, Medical District, The Edge, Uptown)


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Lots of news for Downtown Memphis this week: Indigo Ag bringing 700 jobs to Downtown Memphis https://dailymemphian.com/article/1820/Indigo-Ag-bringing-700-jobs-to-Downtown-Memphis

FINALLY! Big news for the Pinch District! Investor plans $975 million Pinch District project https://dailymemphian.com/section/business/article/8835/investor-plans-975-million-pinch-district

Attached are photographs of the Memphis Convention Center Front Street and Main Street Glass Concourses, the demolition of the Civic Center Clock Tower Trolley Stop in preparation for the construction

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Le Bonheur announces four-story, $95.4 million addition:

Le Bonheur Children’s Hospital Announces Major Expansion

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Le Bonheur Children’s Hospital announced the largest building expansion since the hospital opened in 2010. The four-story, $95.4-million addition will allow Le Bonheur to continue on their sustainable, long-term growth trajectory. The expansion includes enlarging the cardiovascular and neonatal floors, in addition to the surgery recovery area and main floor.

The 128,575 square foot construction and renovation will extend the west side of the hospital to the sidewalk of Dunlap Street, between Poplar and Washington avenues. Updated plans include an additional two stories to an expansion that was first announced in 2019. That version was put on hold during COVID-19.

The additional infrastructure will support an expansion of the Neonatal Intensive Care Unit (NICU) for premature babies bringing 14 new beds to the existing 60-bed unit and will include eight additional surgery recovery bays. Le Bonheur will also convert 12 existing beds to critical care use immediately to ease capacity needs during construction.

 

https://www.lebonheur.org/news/le-bonheur-children-s-hospital-announces-major-expansion

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More downtown adaptive reuse in the works:

Downtown’s old MGM warehouse may become jazz venue

https://dailymemphian.com/section/neighborhoodsdowntown/article/23014/jazz-venue-planned-for-downtown-memphis-old-metro-goldwyn

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A businesswoman plans to turn part of the Metro Goldwyn Mayer building on Downtown’s old Film Row corridor into a jazz venue.

Property owner L. Nichole Hall plans a $1.1 million remake for the south part – 4,600 square feet – of the old MGM film warehouse at 502 S. Second St.

 

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Current condition of the building

Another small update for Downtown:

Prominent Cotton Row building plans makeover

https://dailymemphian.com/section/neighborhoodsdowntown/article/23015/prominent-cotton-row-building-union-front

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The owner of a building anchoring a prominent Downtown corner plans to renovate the exterior.

Mike McCullough has applied for an $80,000 Exterior Improvement Grant from the Center City Development Corp. to renovate 77-81-85 S. Front.

The Cotton Row building on the southwest corner of Front and Union houses the Front Street Deli, FIVE ONE Architects and a second-floor, one-bedroom apartment.

The application states the 4,500-square-foot building was erected in 1943.

 

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Opera Memphis announces they are leaving their East Memphis facility and moving to the Edge district.

https://www.commercialappeal.com/story/entertainment/2021/07/20/opera-memphis-relocating-expanding-after-receiving-grant/7989315002/

Doesn't specifically list which building(s) they are looking at.  Maybe the old 616/Spectrum building?

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4 hours ago, MDC26 said:

Opera Memphis announces they are leaving their East Memphis facility and moving to the Edge district.

https://www.commercialappeal.com/story/entertainment/2021/07/20/opera-memphis-relocating-expanding-after-receiving-grant/7989315002/

Doesn't specifically list which building(s) they are looking at.  Maybe the old 616/Spectrum building?

That building would need a lot of work. I'm a huge proponent of adaptive reuse, but I'd love them to build from the ground up. But regardless, it's exciting to see another business moving to the core.

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1 hour ago, VSRJ said:

That building would need a lot of work. I'm a huge proponent of adaptive reuse, but I'd love them to build from the ground up. But regardless, it's exciting to see another business moving to the core.

The article says they were looking at "buildings", but yeah, they need to have a major overhaul to convert something to a concert hall.  They have listed their current place for $3.8.  They have a $500k donation, and another donor that's matching up to $1 million.  

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On 7/13/2021 at 2:48 PM, MDC26 said:

Wow, that looks really cool.  It's also really neat that it will be built over the trolley tracks to give it more room to have a greater footprint and more sq ft.  

Lots and lots of plans for the Pinch.  If everything gets done, it will be an amazing place.  

Correct me if im wrong. Is this the same group that proposed this last year but different location now? 

https://www.memphisflyer.com/the-tower-project-would-bring-new-high-rise-to-the-pinch

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19 minutes ago, TheKernel91 said:

Correct me if im wrong. Is this the same group that proposed this last year but different location now? 

https://www.memphisflyer.com/the-tower-project-would-bring-new-high-rise-to-the-pinch

One of the guys in this group (Kennieth Richardson) proposed a different building, at a different location.  He's the architect from Memphis, but works for HOK in Miami.  In one of the articles, he stated the other project is on the backburner.  The location for that is owned by the city, and they have yet to put out a RFP.  Intrator also has this property in his plans for his Pinch project.  

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A couple of updates:

Bridge update: Reopening plans for I-40 eastbound and westbound lanes announced

https://www.bizjournals.com/memphis/news/2021/07/28/bridge-reopening-plans-east-and-west-lanes.html

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The Tennessee Department of Transportation (TDOT) announced July 28 that I-40 eastbound lanes, traveling from Arkansas into Memphis, will reopen Monday, Aug. 2, by 6 a.m. Additionally, I-40 westbound lanes into Arkansas will reopen Friday, Aug. 6, with a time still to be determined.

All phase three plating will be completed by July 30, according to TDOT. The I-40 bridge will remain an active work zone, even heading into the limited traffic reopening. Kiewit will break down platforms, and remove equipment and barriers beginning with the eastbound lanes next week.

 

Downtown to gain record store with River City Records on South Main

https://www.bizjournals.com/memphis/news/2021/07/28/river-city-records-coming-downtown-south-main.html

"River City Records, a new record store, is set to open in the old Buff City Soap spot at 101 S. Main Street on September 11."

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17 hours ago, Memphis4ever said:

Apartments in Uptown by Snuff development, not really sure the name of these... but they are nice.

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There's some townhome lofts on the backside of those that are almost finished. They look nice too.

I believe these apartments are being constructed by Elmington. Company out of Nashville that have already built a few apartments outskirts of downtown.

Forum Flats, Uptown Flats, Patterson Flats, 2nd Street Flats, & Crescent Bluff.

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21 hours ago, DRG901 said:

Where is this exactly?

It's between Main & 2nd, across from Slave Haven Museum.  They are called Burkle & Main Apartments.  

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  • 2 weeks later...

I'm still bummed we lost Trolley Stop Market, but it's good to see this building getting some TLC.

Orleans Station developers seek renovation grant

https://dailymemphian.com/section/business/article/23483/orleans-station-henry-turley-company-comcap-partners-seek-grant

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The developers of Orleans Station unveiled a rendering of its planned adaptive reuse of the old Trolley Stop restaurant building as part of their application for an $80,000 Exterior Improvement Grant.

The Center City Development Corp. will consider Henry Turley Company and ComCap Partners’ application at 9 a.m. Aug. 18.

The 68-year-old retail building at 694-704 Madison will be part of the 10-acre mixed-use development. Orleans Station will comprise 372 apartment units and 16,000 square feet of retail.

 

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Redevelopment is in the works for the Chapman Furniture building on South Main:

Local developer buys prime S. Main property, plans mixed-use project with restaurant, bar, apartments

https://www.bizjournals.com/memphis/news/2021/08/12/developer-charles-shoffner-south-main-mixed-use.html

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....$1.55 million purchase of 335-337 S. Main, a prime, 17,000-square foot spot just 0.3 miles from Beale Street, 0.2 miles from the Orpheum Theatre, and next door to the new location of the restaurant South of Beale.

Currently, 335-337 S. Main is home to Chapman Furniture, the family-owned store that, according to its Facebook page, has been in business for 67 years.

But with the owner ready to retire, they’ve sold the building to Shoffner, who has plans for a mixed-use development — one with apartments, a restaurant, and bar.

 

 

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  • 2 weeks later...

I'm excited to see more of his projects start moving. More info on the others here: https://www.bizjournals.com/memphis/news/2019/11/12/intrators-five-south-main-projects-move-forward.html

Downtown Intrator project moves forward with permit valued at $23M

https://www.bizjournals.com/memphis/news/2021/08/24/intrator-front-street-building-permit.html

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One of New York-based developer Tom Intratror’s numerous Downtown projects just took another step forward.

A building permit valued at $23.58 million has been filed for 316 and 324 S. Front St. The total building area for the proposed project is listed as 190,000 square feet. John Halford, project manager with CNCT Development LLC — who’s listed as the licensed professional on the permit — said both will be mixed-use developments, with commercial space on the ground floor and residential units on the upper floors.

 

 

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Another Intrator development update:

Intrator seeks approval for high housing density at project on S. Main

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https://www.bizjournals.com/memphis/news/2021/08/25/intrator-south-main-high-housing-density.html

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Some new developments have surfaced for developer Tom Intrator's plans for Downtown Memphis.

According to an application with the Memphis & Shelby County Office of Planning Development Board of Adjustment, Intrator’s 18 Main LLC is requesting a variance to allow for the adaptive reuse of 386-390 S. Main St.

The project hopes to include 32 residential units, which equates to 133 dwelling units per acre, higher than the 60 units per acre allowed for mixed-use density in the code. With a lot footprint of 0.24 acres, that would allow for 14 units, based on the regulations.

 

 

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On 8/24/2021 at 12:30 PM, VSRJ said:

I'm excited to see more of his projects start moving. More info on the others here: https://www.bizjournals.com/memphis/news/2019/11/12/intrators-five-south-main-projects-move-forward.html

Downtown Intrator project moves forward with permit valued at $23M

https://www.bizjournals.com/memphis/news/2021/08/24/intrator-front-street-building-permit.html

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That's going to be a really big building, as the lot is an L-shape, and wraps around the building on the corner.  It will look really nice next to Gus's and across from Old Dominick.  Carlisle owns the warehouse catty corner across the intersection, but the redevelopment for that got put on the back burner when they bought the Nylon Net building.  I don't know if Old Dominick owns the empty lot next to them on the corner, or if there's any plans for it.  

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  • 3 weeks later...

This is great (and very unexpected) news!

Former Raymond James Tower to get residential makeover

https://dailymemphian.com/section/neighborhoods/article/24131/memphis-raymond-james-tower-300-apartments-commercial-space

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The Downtown Memphis building once known as Raymond James Tower will become the Memphis Waterfront Tower, with more than 300 apartments.

 

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1 minute ago, VSRJ said:

This is great (and very unexpected) news!

Former Raymond James Tower to get residential makeover

https://dailymemphian.com/section/neighborhoods/article/24131/memphis-raymond-james-tower-300-apartments-commercial-space

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It's good it will be put to a more productive use, but sad that our newest high rise office building downtown is being converted to residential because it can't be filled.  Its shocking that its at only 8% vacancy since Raymond James moved out.  It hurt to move all those jobs from downtown to out East.  There needs to be a good mix of jobs and residences downtown, and if it skews too far one way or another, it has negative impacts.  

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Memphis continues to struggle mightily, especially downtown. The fact that this building has an 8% occupancy and is largely empty doesn’t bode well for future office tower development (or redevelopment).  This also spells big trouble for any plans for the Sterrick and 100 North Main buildings, both empty and shuttered for years. 

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Downtown has billions of dollars of projects going on across the board and thousands of residential units underway (hence what this announcement is) but yes  I guess it's struggling mightily.   But yes we get it.

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1 hour ago, DRG901 said:

Downtown has billions of dollars of projects going on across the board and thousands of residential units underway (hence what this announcement is) but yes  I guess it's struggling mightily.   But yes we get it.

He must be on someone's payroll to come and talk crap about Memphis on every topic

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