Baptist Memorial Health Care paid $5.8 million for the hotel and its 2-acre site. A spokeswoman said there are “no new plans for the site.”

Crews have been working to demolish the former Macy’s portion of the Poplar Avenue property this year, and are moving on to the main mall building.

Central Lofts has a new owner, local home sales fell by double digits in September, and a Florida investor bought the former Glide Xpress Car Wash in Collierville.

State historic tax credits could be especially beneficial in Memphis, particularly Downtown, where buildings listed on the National Register of Historic Places are eligible for the credits.

That restaurant landscape in Bartlett includes some that are opening, some that have closed, some that are renovated and some that are victims of vandalism.

“I can’t imagine the destruction he’s left behind. It’s repulsive,” a former employee said.

StudioRes by Marriott opens as Memphis sees an influx of both contractors spurred by SpaceXAI’s local growth and law enforcement officials as part of the Memphis Safe Task Force.

Also, Alterra IOS buys a Southeast Memphis property, and a locally owned business levels up with a larger location.

The $2.7 million second phase will have 14 units arranged around a central courtyard, a mix of triplexes and duplexes. Construction could start by the end of the year and be done late next year.

New York-based Left Lane Development, operating as Falls Building Property Owner, bought the 156,000-square-foot building in May 2022 for $10 million with plans to convert it from office to residential.

Behind the seasonal magic is months of planning, scouting and scheming, all leading to the moment an empty storefront reopens as a fully stocked Halloween shop that announces All Hallows' Eve has arrived.

A study from the Shelby County assessor of property shows Memphis property values and rent have been unaffected by data centers, lining up with national trends.

The hopes of resurrecting Memphis Motorsports Park drove into the ditch, as the former auto racing venue south of Millington is back on the market.

Living Spaces looked at a Cordova site in 2021 but didn’t build there. Now it has bought the former IKEA store in the Wolfchase area.

Also, Keystone Capital makes first commercial real estate purchase, and a mixed-use building is opening in the South Main District.

Living Spaces explored Memphis in 2021, filing a site plan with the Memphis and Shelby County Division of Planning and Development for a large furniture store.

The businessman painted a stark, dire picture of Downtown.

The Union Depot development continues to move forward, but the Guffin Estates residential development hits a snag before the Planning Commission because of the size of lots.

The second phase of development for Belle Mont in Crosstown, which will include affordable duplex housing, has applied for a PILOT grant.

It’s one of two payment-in-lieu-of-taxes applications the Downtown Memphis Commission’s Center City Revenue Finance Corp. will hear at their Oct. 13 meeting.

The 27,249-square-foot adaptive reuse, called “The Leath,” will have 34 residential units.

Though there is no official word yet on what will move into the space, we asked Daily Memphian readers what they think the unnamed retailer might be. 

North Mississippi continues to see renewed large-scale industrial activity — this time with a California-based yoga brand. Plus, MVP3 is getting a Downtown space on Front Street. 

Jeff Dawson, operating as Nacks Properties LLC, bought the Poplar Avenue building currently home to Miestro, a home theater systems store, for $750,000.

The giant, blue building was bought by a retailer.