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Henderson won a $1.5M Affordable Housing Program award to support Heritage Towers' 75 rental units. The grant is part of a nearly $51.9M AHP round from FHLB Cincinnati.
Compass's 2026 outlook projects a modest 0.9% decline in Tennessee home prices, pointing to a steadier market that could give buyers more negotiating room.
St. Jude says a planned 16-story Advanced Research Center II near downtown Memphis would be a roughly $810M build and could add about 2,000 jobs, the Memphis Business Journal reports.
The city posted the first public draft of a zoning map tied to Memphis 3.0 and is asking residents to review parcel‑level changes. Neighborhood groups have already raised concerns.
Mayor Paul Young has formed a task force to cut red tape and marshal capital toward 10,000 homes in the city’s core by 2030, with a focus on North and South Memphis and downtown.
Developers plan to clear much of Oak Court Mall after buying the 31‑acre Poplar Avenue site; preliminary plans show mixed‑use retail, housing and parks. Public hearings and phased demolition are next.
The Industrial Development Board recommended approval of a TIF for The Standard, sending the mixed‑use redevelopment of the former Carrefour site to aldermen for a final vote.
Boyle unveiled plans for an 11.5‑acre Morrison Village at Houston Levee featuring townhomes, shops and a hotel; a firm start date has not been announced.
Crews have started razing the former Houston’s on Poplar after a fall sale and a November demolition permit; the lot's future is unclear.
Developers delivered thousands of apartments and vacancy climbed into the low‑to‑mid teens in 2025, leaving rents soft and landlords leaning on concessions.
Shelby County suburbs recorded 3,294 home sales in 2025 — unchanged from 2024 — even as median prices rose and mortgage activity picked up.
The former Northside High reopened as an $81M mixed-use hub, housing nonprofits, a food-hall vibe and 42 affordable apartments aimed at anchoring Klondike.
The City of Memphis introduces programs to support local developers and increase middle-income housing, focusing on infill construction and rehabilitation in urban areas.
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