Taxpayers Face $6.5 Million Bill for Serenity Towers Demolition
The future of Serenity Towers remains uncertain as the high-rise has been vacant for over a year. Taxpayers may be responsible for a $6.5 million demolition cost.
Latest development stories from Memphis, deduped across ~45 local sources and ranked by newsworthiness. Refreshed every hour.
The future of Serenity Towers remains uncertain as the high-rise has been vacant for over a year. Taxpayers may be responsible for a $6.5 million demolition cost.
The Lakeland Board of Commissioners has unanimously voted to rezone parcels along Walker Springs Drive from commercial to suburban cottage residential. This decision marks a shift towards residential development in the area.
Baptist Memorial Health Care has filed a demolition permit for the closed Hampton Inn located at 33 Humphreys Center Drive. While the demolition is set to proceed, there are currently no immediate plans for the site following the demolition.
The historic Temple Israel synagogue in Midtown Memphis is being demolished to make way for a new 73,000-square-foot sanctuary. This project is part of a larger $310 million redevelopment plan by Mississippi Boulevard Christian Church.
The Developing Memphis seminar will highlight significant projects, including a new art museum and a mixed-use development in East Memphis. These initiatives aim to enhance the city's appeal and economic growth.
The Memphis City Council has adopted Ordinance No. 5988, initiating a 135-day moratorium on data center developments. This pause allows for further evaluation of the impact of such projects in the area.
Officials have begun construction on a $114 million Civil War museum and visitor center in Vicksburg, Mississippi. The facility aims to enhance tourism and educate visitors about the Siege of Vicksburg, a pivotal event in the Civil War.
The demolition of Oak Court Mall in East Memphis is nearing completion as heavy machinery clears the remaining structure. A $1 million permit has been filed for the final stages of the 220,000 square foot building's demolition, expected to be finished by the end of the year.
A recent federal housing bill has removed a mandate requiring manufactured homes to be built on a steel chassis, potentially expanding affordable housing options. However, around 30 states need to update their regulations to fully realize this change.
The Central Lofts, a 127-unit apartment complex in Memphis, has been acquired by Amin Zaki and Khalid Alwan. The property features rooftop views of Simmons Bank Liberty Stadium.
The Memphis City Council voted against a proposed 18-month moratorium on data center development. Instead, they passed an amended ordinance, details of which are yet to be disclosed.
Dan Kuebler, a farmer in Ashland, Missouri, has taken steps to protect his land from development by placing an easement on it. As housing demand increases, many farmers like Kuebler are struggling to keep their farms intact.
Single-family home completions have dropped to their lowest levels since May 2020, with significant declines in the Northeast and South. Builders face challenges from rising mortgage rates, material costs, and labor shortages, leading to decreased buyer interest and price cuts.
Rep. Chris Bell urged the Jackson City Council to approve the sale of city-owned land for a proposed casino resort, emphasizing the potential economic benefits. The council has delayed the decision, raising concerns about the property's valuation.
Proposed regulations for data centers by the Memphis City Council have ignited mixed reactions among local residents. The debate highlights differing opinions on the impact of these regulations on the community.
The City of Memphis is focusing on creating more housing opportunities to address local needs. This initiative is part of a broader strategy to enhance community development and support residents.
The City of Memphis is moving forward with revitalization efforts along the Lamar Ave. corridor, which includes the demolition of the former Holiday Inn headquarters. This initiative aims to clean up and improve the area.
Memphis developers and preservationists are advocating for state tax credits to support historic redevelopment projects like the Sterick Building and 100 N. Main St. Currently, Tennessee is at a competitive disadvantage compared to neighboring states that offer such incentives.
Standard Construction plans to move its operations to a new site in southeast Collierville after receiving a conditional-use permit. The relocation aims to reduce pollution and noise associated with its current facility.
Leaders in the Mid-South are evaluating proposals regarding the development of data centers, which may lead to moratoriums on new projects. This discussion highlights the region's approach to balancing growth and infrastructure demands.
The City of Millington has approved a six-month moratorium on data center development, which officials describe as a proactive measure. This decision aims to address concerns related to the rapid growth of data centers in the area.
A housing summit at the Memphis Botanic Garden brought together national housing leaders to discuss strategies for increasing affordable housing in the city. The initiative aims to add 10,000 affordable housing units by 2030.
Memphis Mayor Paul Young has announced a $7 million investment in the Soulsville neighborhood aimed at boosting housing development. This initiative follows similar efforts in North Memphis and seeks to revitalize the community.
Shelby County leaders are debating a temporary halt on new data center projects in unincorporated areas while regulations are developed. A town hall meeting is scheduled for Thursday evening to discuss the implications of this potential moratorium.
Residents of Fayette County are voicing their concerns regarding a potential AI data center, focusing on issues related to water, power, and pollution. The land-use vote has sparked a debate about the implications of such a facility in the area.
The ribbon-cutting for the new DeSoto Lofts apartments marks a revitalization of a long-vacant Masonic Lodge in Downtown Memphis. Meanwhile, the proposed Landers Center hotel project has seen significant delays, raising concerns about development in the area.
DeSoto County officials are expressing frustration over the slow progress of the new Embassy Suites hotel linked to the Landers Center expansion. Despite assurances from hotelier Bruce Patel, construction on the hotel remains significantly behind schedule.
The Millington Board of Mayor and Aldermen has approved a six-month moratorium on new data center applications to establish regulations. This decision reflects a growing trend among Memphis-area governments to regulate data center development.
Executive Producer is a news market story finder for working journalists. We monitor ~45 public sources per metro and dedupe the same story across outlets into a single cluster, score it by newsworthiness, and surface the top leads every hour. We are a pointer, not a publisher.Every headline above links to the original outlet — that's the URL to cite. Our summaries and scores are machine-generated; use them as a lead, not the law.
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