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Yet another vacant Downtown building may be redeveloped
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3601 Offline
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Yet another vacant Downtown building may be redeveloped
11-03-2015 01:15 PM
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memp600 Offline
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RE: Yet another vacant Downtown building may be redeveloped
That's definitely a building that needed to be taken off the list. Starting to see a lot of vacant buildings and property get gobbled up right now. It's a hot market for sure. Downtown is making some major strides right now.

Wouldn't be surprised if we saw some movement on the Sterrick building within the next few years.
11-03-2015 04:06 PM
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aTxTIGER Offline
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RE: Yet another vacant Downtown building may be redeveloped
I've seen people crawling around that building the last month as I run on the treadmills at the Y. Wondered what was up.
11-03-2015 05:14 PM
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3601 Offline
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RE: Yet another vacant Downtown building may be redeveloped
(11-03-2015 04:06 PM)memp600 Wrote:  That's definitely a building that needed to be taken off the list. Starting to see a lot of vacant buildings and property get gobbled up right now. It's a hot market for sure. Downtown is making some major strides right now.

Wouldn't be surprised if we saw some movement on the Sterrick building within the next few years.

The Sterick ground lease expires in 2028.
11-03-2015 06:39 PM
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21-17 Best Time I Ever Ha Offline
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Post: #5
RE: Yet another vacant Downtown building may be redeveloped
(11-03-2015 04:06 PM)memp600 Wrote:  That's definitely a building that needed to be taken off the list. Starting to see a lot of vacant buildings and property get gobbled up right now. It's a hot market for sure. Downtown is making some major strides right now.

Wouldn't be surprised if we saw some movement on the Sterrick building within the next few years.

Lots of areas in Memphis are making strides. I've never seen anything like it. It's a great time to be a Memphian.
11-03-2015 10:05 PM
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kabluey Offline
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RE: Yet another vacant Downtown building may be redeveloped
(11-03-2015 10:05 PM)21-17 Best Time I Ever Ha Wrote:  
(11-03-2015 04:06 PM)memp600 Wrote:  That's definitely a building that needed to be taken off the list. Starting to see a lot of vacant buildings and property get gobbled up right now. It's a hot market for sure. Downtown is making some major strides right now.

Wouldn't be surprised if we saw some movement on the Sterrick building within the next few years.

Lots of areas in Memphis are making strides. I've never seen anything like it. It's a great time to be a Memphian.


This only indicates how high our potential is, because wherever you are, your potential is to be more. Hopefully this encourages optimism over entrenched defeatism, and vision over myopic fear.
11-04-2015 09:16 AM
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21-17 Best Time I Ever Ha Offline
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RE: Yet another vacant Downtown building may be redeveloped
I just wish more Memphians from the suburbs and Germantown and Cordova would quit buying into and relishing the crime reported in the media and would venture out of their homes and come into Midtown and Downtown and see what is going on. I continue to meet Memphians who haven't been in Midtown or Downtown in years.

These areas have undergone a sea change in the last two years, even.
11-04-2015 12:57 PM
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kabluey Offline
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RE: Yet another vacant Downtown building may be redeveloped
(11-04-2015 12:57 PM)21-17 Best Time I Ever Ha Wrote:  I just wish more Memphians from the suburbs and Germantown and Cordova would quit buying into and relishing the crime reported in the media and would venture out of their homes and come into Midtown and Downtown and see what is going on. I continue to meet Memphians who haven't been in Midtown or Downtown in years.

These areas have undergone a sea change in the last two years, even.

Just stay positive and resilient, inform yourself with the changing, improving trends, and support those who improve the region. I know I'm in no position to tell you this, but feel the need in light of your frustration to offer encouragement.

I suspect many folks who b!tch and moan object to and vote against measures that would improve the things they b!tch and moan about. People grow comfortable and used to the feeling (superiority) they get by putting things down. Just look at some negative Yelp reviews. And many people fear discomfort or change in their status quo. So being wrong about a preconception is not the easiest thing to embrace and change. People believe (erroneously) that demeaning things/casting judgment is by itself proof that you're in the higher (i.e. more experienced, or more informed, or more cosmopolitan) or any position to judge. Maybe they believe and learn it when they've been exposed to it by other "critics." And ignorance from not staying current on changes (like many suburbanites who haven't seen the improvements within the city and parkways) exacerbates this. Others wield an entitlement to negative hyperbole. Negativity and defeatism is a pernicious cancer.

Stay positive, things have been improving, demonstrably so, despite what unproductive sensationalistic outlets such as the CA, Channel 5, etc would have you believe. I share your frustration and hope you engage others with your positive informed impressions, especially in reinforcing others you recognize who promote and advance a positive Memphis. If you observe these issues, others likely do as well, and share your frustration.

But whatever achievements we make as a region is proof in itself that we are capable of more. This recognition precludes the flawed logic that, by objecting to misinformed defeatism we are asserting a hyperbolic, nonexistent perfection of the city where challenges don't exist. We got a ways to go, and could use more efforts to unify the region and specific industry sectors, much like the Greenprint, GMACW, and the medical device sector have done, as well as Epicenter. Our changes and improvements demonstrate our potential, and we need to keep it going.
(This post was last modified: 11-04-2015 02:46 PM by kabluey.)
11-04-2015 02:44 PM
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