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French Quarter Hotel Deal Falls Through

We've now learned plans for a Midtown hotel have fallen through.
MEMPHIS, TN (localmemphis.com) - We've now learned plans for a Midtown hotel have fallen through.

That deal was put in place in an effort to sell the French Quarter Inn at Overton Square.

A Texas developer had agreed to buy the hotel.

But according to the Memphis Business Journal, the deal was not closed by Thursday’s deadline.

Now, this isn't the first time a deal to sell the closed hotel has failed. In 2012, the hotel was nearly sold to a group who wanted to turn it into a comfort suites but later changed their minds.
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