Sledge
Sledge, MS · Real Estate
hoodline.com
Clark Tower Up for Grabs as East Memphis Skyline Gets a Shake-Up
Clark Tower, the 34-story giant that has long defined the Poplar Avenue skyline in East Memphis, is officially on the market, putting one of the city’s biggest office properties in play just as the Poplar corridor’s Class A scene continues to sort itself out. Broker Materials and Local...
actionnews5.com
Owners of Downtown Memphis hotel seek tax break for $63 million renovation
MEMPHIS, Tenn. (WMC) - The owners of a downtown hotel are asking for a tax incentive plan to help make much-needed renovations. According to documents, owners of the hotel, the former Doubletree Hotel located at 181 Union Avenue in Downtown Memphis, are asking to be granted access to the PILOT (Payment in lieu of taxes) plan, a property-tax abatement/tax-break program.
The Commercial Appeal
Ohio-based developer looks to renovate, reopen Downtown Memphis DoubleTree
The Downtown DoubleTree by Hilton may soon reopen with a new coat of paint, and new owners. Memphis K&U LLC and Ohio-based Continental Hospitality Group are seeking a 20-year payment-in-leiu-of-taxes (PILOT) with the Center City Revenue Finance Corp., an affiliate board of the Downtown Memphis Commission (DMC). The ownership group plans to reopen the hotel property, located at 185 Union Ave., as a 284-key hotel. The DoubleTree closed in November 2025 . Downtown gathering spot: Sterick Building developers propose 'Memphis Public Market' in Downtown King and Union Memphis Acquisitions LLC acquired the property in April 2018. Prior to the November closure, the 280-room property dates back to 1927 and was rebranded under Hilton's DoubleTree brand in 2007. What's included in the renovations? The proposed $41.5 million renovation will include exterior and interior renovations. The interior renovations will add a 100-seat full-service bar and restaurant, a "Great Room" lobby area, a 2,200-square-foot outdoor event space, and a grab-and-go market in the lobby. The renovation also includes several exterior improvements, including a new roof, paint, and facade modernization, according to the DMC application. The development team's total investment, including debt financing, is $63 million, according to the DMC application. New shopping options:
multifamilybiz.com
Fogelman Surpasses 35,000 Units Under Management with Addition of 5,200 Units Across Southeast, Midwest and Southwest
MEMPHIS, TN - Fogelman Properties (Fogelman), one of the country’s largest privately owned multifamily investment and property management companies, today announced it now manages more than 35,000 apartment homes across 12 states, driven by the addition of more than 5,200 units across six states in the Southeast, Midwest and Southwest.
takemetotn.com
This Charming Tennessee Suburb Is Growing Fast, But Still Feels Like a Small Town
Arlington, Tennessee has become one of the fastest-growing communities in the Memphis metro area, yet it hasn’t sacrificed the warmth and character that make small towns special. Tucked into Shelby County, this town has seen its population jump from around 2,500 residents in 2000 to over 14,500 by 2020.
tri-statedefender.com
Pilot housing development looks to draw middle-income households
A once trash-filled parcel of land in Midtown aims to become a community model to drive population growth in Memphis and create a close-knit neighborhood for middle-income residents to call home. City officials and housing development leaders gathered Wednesday, June 24, for a ribbon cutting to celebrate the completion of...
WREG
Former IKEA Memphis building for sale
MEMPHIS, Tenn. — IKEA is selling its former location in Cordova, nearly two months after the Memphis-area store closed for good. The location on IKEA Way off Germantown Parkway shut down May 3, marking the end of nearly 10 years in operation and leaving Tennessee without a physical IKEA store. Now the 271,000-square-foot showroom and […]
wearememphis.com
Memphis Ranks High for Home Affordability Growth in 2026
If you have been thinking about buying in Memphis, the numbers are on your side. A 2026 Zillow analysis found that nearly half of home listings in Memphis, 46.45%, fall within the affordable range for a typical household. More notably, the city posted an 8.94% increase in affordable listings compared to the prior year, placing Memphis in the top ten nationwide for the biggest gains in housing affordability.
actionnews5.com
Middle-income housing options make debut in Crosstown
MEMPHIS, Tenn. (WMC) - A new middle-income cottage court has made its debut in Memphis’ Crosstown area. City leaders marked the completion of Belle Mont with a ribbon-cutting ceremony Wednesday afternoon. The 23-unit cottage court community was built on a former empty lot on North Montgomery Street, less than...
Memphis Flyer
Beyond Flipping Houses, Flip Lives
In his State of the City speech earlier this year, Mayor Paul Young called for the building of 10,000 new or rehabbed homes over the next five years. God knows we need them. A phalanx of planners has proposed simplifying rules, regs, and restrictions to assist such an effort. Builders and developers are excited, community leaders are ecstatic, and anyone living in the squalor of a corporate rental or wondering how they could ever afford their own home is hoping that subsidies for builders will include subsidies for buyers. How about subsidies for teaching and training a whole new cadre of skilled workers?
hoodline.com
Memphis Gravel Lots Become Truck Yards as Investors Move In
Across Memphis, those “empty” gravel lots and fenced-in fields are not so empty anymore. Parcels that once read as vacant land are quietly turning into secure industrial outdoor storage where fleets park, containers get staged, and heavy equipment waits for its next job. Investors and operators are snapping up land near interstates and railyards, turning greenfield tracts into low-cost, revenue-generating truck yards. The shift is reshaping neighborhoods along the city’s logistics spine and sparking new zoning battles and safety questions.
whatnow.com
Poplar & Payne Signs Lease and Solicits Vendors for East Memphis Home
An exciting new Memphis marketplace is preparing to bring together local art enthusiasts and crafters. Poplar & Payne, “an upscale Vendor Marketplace with treasures from passionate artisans and entrepreneurs”, has signed a lease and is beginning construction with the intention of opening later this year. Poplar & Payne...
hoodline.com
Winchester Commons Sold For $17.1M In Memphis
A New York investment partnership has shelled out $17.1 million for Winchester Commons, the Kroger-anchored shopping center at Winchester Road and Hacks Cross, according to county records. The buyer, recorded as F and I XI Winchester Commons LLC, picked up both the Kroger at 7942 Winchester Rd. and the neighboring strip center at 7948 Winchester Rd. For regulars grabbing groceries or making quick errands, the checkout lines and storefronts should look the same for now, since grocery anchors typically keep operating under existing lease terms after a sale.
lakelandcurrents.com
Construction Advances on REV3 Townhomes at The Lake District
Construction is moving forward on the REV3 at The Lake District townhome community, with developers anticipating completion of all 109 units within the next 18 months. According to Kent R. Coykendall, president of Meridian Pacific Properties, work on the project is progressing steadily and will continue throughout the year. Meridian Pacific Properties serves as the contract builder, development partner, and property manager for the townhome community.