Friday, June 4, 2010

Smooth Moves at Union and Main


A renovation is planned for the Smooth Moves building on the southwest corner of Union and Main, an intersection with some of the highest pedestrian counts in the city.

This 17,000-sf building will undergo a $1.66 million facelift that will include ground-floor retail space and office space on the basement level and on the second and third floors. Exterior improvements include window enlargements, a canopy and a redesign of the entry. Because of the prime location of this building, Center City Development Corporation (CCDC) awarded the owners a $200,000 loan for property improvements.

CCDC also awarded a $15,000 office grant to Thompson & Company to relocate its 26-member firm into the building. The agency will be occupying 10,400-sf.

Work is expected to begin this summer and be complete late fall. Union Main Holdings, LLC is the developer of the project. The development team also includes Montgomery Martin Contractors and Looney Ricks Kiss Architects.

Wednesday, June 2, 2010

New Charter School Comes to Uptown


This building at 278 Greenlaw in Uptown is the future home of Downtown's newest charter school, The Memphis College Preparatory Elementary School. The school will open in fall of 2010 with 90 kindergarten students and will grow each year to accommodate students up to the 5th grade.

The school's founder, Michael Whaley, has demonstrated a passion for working with inner-city students. Whaley came to Memphis through Teach for America, a program that recruits outstanding college grads to commit to teach for 2 years in urban and rural public schools.

To help with renovations to the the 12,870-sf facility, the school received a $200,000 development loan from the Center City Development Corporation in May. Construction is scheduled to begin this month.

Tuesday, June 1, 2010

Downtown's Endangered Gems




Last week the Commercial Appeal reported that two of Downtown's structures are now listed among the Tennessee Preservation Trust'10 most endangered historic sites in Tennessee: The Sterick Building and the historic cobblestones.

Unlike many downtowns across the country, Downtown Memphis is fortunate to have retained asubstantial inventory of prime historic properties that tell the story of our city, add character and authenticity, and incidentally, present excellent opportunities for redevelopment. Following are other downtown historic sites that the Center City Commission highlight as important to the health and vitality of our city.

Sears Crosstown Building, c 1912
One of 9 mail order and retail centers erected nationally by Sears between 1910 and the Great Depression. VERY large-scale buildings, making them a true challenge to renovate. In fact Memphis' is 1.4 million-sf.

Woolworth Building, c 1900
This property has one of the best locations in Downtown on the Main Street trolley line and in the heart of the Downtown Core near Peabody Place and Gayoso, restaurants, parking garages. Amazing architectural features, 14-ft ceilings.

Tennessee Brewery, c 1890
Former home of the Tennessee Brewing Company and Goldcrest Beer. The facade remains the same as it was built 110 years ago. The building is 67,120-sf, has river views and is located in the South Bluff Historic District.

Goyer-Lee House, c 1871
Sits in the heart of Victorian Village and represents the 19-century upper class architectural design. The 7,521-sf building is located just west of the Medical District.

Hickman Building, c 1929
Located across from the Downtown Elementary School and AutoZone Park, this 60,00-sf, 8-story building has an attached parking garage with 80 spaces. The building is on the National Historic Register. Originally built as a medical arts building, the property is being marketed as a residential property or commercial with retail on the ground-floor.

Alabaster Building, c 1926
This 4-story building sits on a 32,960-sf lot. The building is in clean shell condition and is already wired for fiber optics.

Nylon Net Building, c 1909
This property is located at Vance and Wagner amid a neighborhood experiencing tremendous residential growth. The property is 220,000-sf.

147 Jefferson Place, c 1956
This 12-story building is the earliest example of a post WWI International Style design in Memphis. The structure was also the first in Downtown to provide off-street parking for tenants. It is located across from Court Square. The 80,00-sf building has an attached 4-story parking garage with 360 spaces.

Toof Building, c 1913
The Toof Building is a vacant 6-story brick office building Adjacent to AutoZone Park and located on the Medical Center Rail Extension. This 53,667-sf building recently received a partial facelift with the installation of mural called "A Note of Hope" by artist Jeff Zimmerman.