Graybel Investments and Quad Property Group bought Cordova Creek Apartments. Townsend Insurance Group bought the former Regency Realty office. Memphis Goodwill Inc. is leasing the former Big Daddy Pawn building in Southeast Memphis.

This week’s Movers & Shakers includes a director of sales and marketing, a geologist, an environmental scientist and a financial manager.

5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.

If approved, these projects could add residential units and commercial property across the city. 

A new agreement was reached between FedEx pilots and management. More than 80% of pilots who voted approved the agreement, which includes $150,000 in pay they lost during the negotiations, which have gone on for years.

Generative AI has become widely used. But Celine Lee, co-owner of Hernando’s Hide-A-Way, wants no part of it. Here’s why. 

Emmy Award-winning broadcaster Richard Ransom announced the launch of his own public relations and media company, Ransom Strategy Group.

The 275,000- to 300,000-square-foot facility is planned on Madison Avenue between the College of Pharmacy building and the demolished Holiday Inn building.

The Community Redevelopment Agency is moving forward with the first phase of Smokey City Market, an estimated $70 million project aiming to bring affordable housing, senior care, retail and green space to the area.

The board’s recommendations — which still need to pass the City Council — include a $1 million allocation for a pre-weatherization assistance program to help residents with critical home repairs, mold remediation and indoor air quality improvements.

After two years in limbo, Ramble on Summer seems to be moving ahead, bringing another piece to the development on U.S. 70 in Bartlett.

The building is locked, the parking lot is empty and no music is being made at Ardent Studios, a piece of music history that once hosted acts like ZZ Top, the Replacements, Isaac Hayes, Bob Dylan and R.E.M.

Working a few lots at a time with different developers, the City of Memphis is beginning to connect the vacant lots in North Memphis neighborhood to form a pattern of redevelopment.

While Taco Prime and Petals of a Peony expand, Peach Cobbler Factory opens and The Farm Table closes.

Memphis Jazz, a residential community of 249 homesites, will be across the street from the Memphis Blues neighborhood. 

Robert Hartheimer, 69, was arrested last year for using dating app Grindr to solicit sex with a 15-year-old boy, according to the criminal complaint.

Seven years ago, Ducks Unlimited launched “Conservation For A Continent” to protect North American wetlands. With more than 2 million donors, the nonprofit blew past its fundraising goal.

Dunkin’ crosses Union Avenue for a new location, Tolteca Foodservice buys a Southeast Memphis distribution center and Welltower buys a pair of local senior-housing facilities.

Memphis firms announce promotions. 

Ramble on Summer and the latest phase of Union Depot have received recommendations from the Bartlett Planning Commission.

Modern mannequins provide various types of lifelike practice situations for nurses, physcians and other healthcare professionals.

In January 2024, the Exxon/Hop-In on one of the most visible retail corners in the city was destroyed in a fire.

Germantown hasn’t had a Bed Bath and Beyond in six years, but fans of the home goods store won’t have to wait much longer. 

The pet-supply store, which employees more than 1,400 people nationwide, described the layoffs as a “proactive restructuring” in preparation for changing market conditions.

University of Memphis tuition is set to increase for all students, with in-state undergrad costs for the 2026-2027 academic year rising 4.48%, or $504.