The Downtown Memphis Commission (DMC) approved a development loan of up to $200,000 for Robb Hunter, on behalf of Belz Enterprises, to develop the previously vacant property at 250 Peabody Place, #102-104. 

The City of Memphis and Renasant Bank today announced a naming rights partnership for the Memphis convention and meetings facility to be renamed the Renasant Convention Center. The naming rights partnership, which takes effect immediately, runs for 10 years, with the bank having the option to extend the naming rights via an additional two, 5-year term options. The naming rights agreement between Renasant Bank and the Memphis Convention Center was brokered by Denver-based Impression Sports & Entertainment and its partnership with Donegal Associates. 

"The beauty of having this campaign, Open on Main, and us being granted this space through the end of the year is that we really are having a solid five months of operating that we're going to be able to learn. We get to pitch the entire experience in store, custom as well as off the rack stock sizing. It's really giving us the opportunity to learn whether or not stock sizing is going to work, whether or not people see something off the rack and are called to purchase it."
– Lauren Draffin, Beg & Borrow

via the Commercial Appeal. Memphis' core is seeing an explosion of hotel projects.

In Downtown and Midtown Memphis, there are more than 2,000 hotel rooms in various stages of development from the recently completed to the newly announced.