November 2023
The Memphis market is experiencing the ripple effects of Ford’s BlueOval City and a surge in commercial development.
Ireland-based Medtronic Logistics is partnering with France-based CEVA Logistics for a $133,350,000 development of a new 1,014,000-square-foot facility in South Memphis.
Magna, one of the world’s largest automotive suppliers, has announced it will invest $790 million to build at Ford’s BlueOval City in Stanton, Tennessee. The project will create 1,300 new jobs across the state of Tennessee.
St. Jude Children’s Research Hospital announces more than $50 million in funding for six employee-generated transformational projects.
RedDOT plans to invest $18 million to expand its manufacturing and distribution operations in Memphis, Tennessee. This project will create 50 new jobs in Shelby County.
Chase Bank recently opened two local branches in Germantown, with five more area locations set to open by 2025.
The $61 million Tom Lee Park redevelopment project in Memphis has been completed.
Plans submitted for 12.5-acre “Mid-City Memphis” development in East Memphis. The developers propose two high-rise, five mid-rise, and 16 townhouse buildings, with a 250,000-square-foot hotel, 50,000 square feet of retail, 175,000 square feet of office space, and a parking garage.
Fodor’s Travel names Arrive Memphis among 20 best hotels in North America.
Construction for the new Downtown Memphis “Dream Hotel” is scheduled for later this year.
12-Story Downtown Aloft hotel on track to open this fall, after suffering setbacks during the global pandemic.
The Memphis Brooks Museum Of Art designers have unveiled the design for a free-to-access rooftop park that will be featured at the riverfront location.
