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Memphis Land Use Control Board approves plans for $100 million U of M area development

The new owner wants to transform a property on Central Ave. into a 7-story hotel and 6-story apartment and office building.

MEMPHIS, Tenn — A new $100-million development could be coming to the University of Memphis area.

The Land Use Control Board approved the plans to rezone a property in the 3500 block of Central Avenue. The site was recently owned by the Church of Christ, Scientist.

The new owner wants to transform the property into a 7-story hotel and 6-story apartment and office building.

Some neighbors are concerned about increased traffic and noise.

Watch the last Land Use Control Board meeting HERE.

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