(Carl Cronan is editor of RealEstate Florida.)
MIAMI-Locally based WSG Development Co. has received localapproval for a 28-acre mixed-use development in Memphis, TN that isslated to start construction next spring. The proposed project willinclude two retail anchors plus restaurants and a residentialcomponent.
GlobeSt.com previously reportedthat the project, called Midtown Memphis, is expected to costbetween $160 million and $180 million, with groundbreakinganticipated before the end of this year. Conceptual plans include600,000 sf of retail, at least 50,000 sf of class A office spaceand 200 apartments and townhomes, all in a pedestrian-friendlylifestyle center setting.
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