After decades of planning, One Beale is on its way to becoming reality

Local Biz

MEMPHIS, Tenn. (localmemphis.com) – It’s August. It’s Memphis. It’s hot.

And they held a groundbreaking inside an empty garage without fans or air conditioning.

It’s One Beale.

This is actually the second groundbreaking for One Beale. More than ten years ago it was Number One Beale. Now it’s One Beale, and this one looks good.

The announcement, the groundbreaking, call it what you want. They had it in an old historic building on Front Street.

It will become part of the One Beale project, one that caught the eyes of people, battling the delightful Memphis summer weather.

“Are you hot in here,” asked the head of the Greater Memphis Chamber of Commerce, Beverly Robertson. “So is this project. It’s a really hot project!!”

A Hyatt Hotel. An apartment building. This is the plan.

“I’ve always said One Beale is a one of a kind,” says developer Chase Carlisle. “… or first of its kind. But it won’t be the last of its kind.”

Memphis Mayor Jim Strickland, who said Memphis has momentum again – he says that all the time these days as he’s running for re-election – anyway, he says this project will succeed because of the demand; the downtown living demand.

“To me,” he says, “… this sums up Memphis’s momentum right now. Creating jobs. Taking care of our historic structures. Keeping the character of the buildings. And bring in development. It’s a perfect example of what’s hot in Memphis.”

Here’s another perfect example of what’s hot in Memphis.

Jamming people into an ancient abandoned garage, that doesn’t have a lick of air conditioning, to watch politicians, planners and others stick silver shovels into a trough filled with dirt to break ground.

Heck it doesn’t make any difference.

This is all about the project, and all about changing the Memphis skyline.

Carlisle hopes to have the hotel operating by December 2020, and wants to start renting the apartments in early 2021.

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