ABC: Memphis high school senior class collects more than $80 million in scholarship offers

ABC: Memphis high school senior class collects more than $80 million in scholarship offers While students across the nation continue to narrow down their college options, Whitehaven High School in Memphis, Tennessee, is already in full-fledged celebration mode with its 2017 senior class so far being offered more than $80 million in college scholarships. Whitehaven held its annual Academic Signing Day last week to honor the academic success of its senior students, who at the time had been offered more than $65 million in scholarships, with over 40 students each scoring a million dollars in offers. Labeled as the “Million … Continue reading ABC: Memphis high school senior class collects more than $80 million in scholarship offers

MBJ: Historic Memphis bank gets new headquarters

MBJ:  Historic Memphis bank gets new headquarters Tri-State Bank of Memphis has a new headquarters. The bank officially signed a lease for space in an office high-rise located at 1407 Union Ave. located between South Watkins Street and Pine Street. The building is owned by Olymbec USA LLC. “Known as ‘Mid Memphis Tower,’ [the building] clearly met all of our requirements for the corridors that were under consideration,” said Thomas Felder, CEO of Tri-State Bank of Memphis. … Tri-State Bank’s headquarters are currently at 180 S. Main St. The bank announced in January 2016 it had sold the nearly 23,000-square-foot … Continue reading MBJ: Historic Memphis bank gets new headquarters

MBJ: Why one real estate firm is setting up its U.S. headquarters in Memphis

MBJ: Why one real estate firm is setting up its U.S. headquarters in Memphis A Montreal-based, commercial real estate company is preparing to open its U.S. headquarters in Whitehaven. With 24 Memphis properties already, Olymbec is continuing to bet on Memphis. Outside of Memphis, the company only owns 22 other U.S. properties, according to its website. With the majority of its holdings here, Memphis’ centralized location, and a belief that the city’s industrial and office markets will continue to improve, Olymbec general counsel Jason Berger said Tuesday that Memphis was the clear choice for the new headquarters. Berger, along with … Continue reading MBJ: Why one real estate firm is setting up its U.S. headquarters in Memphis

MDN: $92M Graceland Hotel Expected to Be a Catalyst for Whitehaven

MDN: $92M Graceland Hotel Expected to Be a Catalyst for Whitehaven The Heartbreak Hotel on Elvis Presley Boulevard was full Wednesday, Oct. 26 – its final night as a hotel. By the time the $92 million, 450-room Guest House at Graceland resort opened across the boulevard Thursday morning, many of the doors at the Heartbreak Hotel were missing their room numbers – taken as souvenirs by guests who filled the circa-1980s hotel in its final days. … Behind the current Graceland Plaza across the boulevard from the mansion and the Guest House, construction continued on the $45 million new plaza … Continue reading MDN: $92M Graceland Hotel Expected to Be a Catalyst for Whitehaven

MBJ: New Elvis TV series will be first to film in Graceland

MBJ: New Elvis TV series will be first to film in Graceland A new series about Elvis Presley will be reportedly the first to film inside Graceland. According to Deadline, the Weinstein Co. has secured a partnership with Presley’s estate to create a television biopic series on Elvis. The series will draw from author Dave Marsh’s biography “Elvis” and will have full access to Elvis’ cars, clothes, jewelry and, of course, Graceland. No network, director or actors have yet been attached to the project. “We are thrilled to announce this biopic and our partnership with the Presley Estate. It’s an … Continue reading MBJ: New Elvis TV series will be first to film in Graceland

MBJ: Elvis Presley Enterprises details biggest expansion since Graceland opened

MBJ: Elvis Presley Enterprises details biggest expansion since Graceland opened As work on the $92 million Guest House at Graceland enters its final stages, eyes have turned across the street from Graceland toward what will soon become the 200,000-square-foot “Elvis: Past, Present & Future” entertainment complex, expected to open in spring 2017. The complex, which, according to Elvis Presley Enterprises, is the “largest and most significant expansion since opening to the public in 1982,” will cost around $45 million to develop and will be five times larger than the existing visitors center on the Graceland campus. “Elvis: Past Present & … Continue reading MBJ: Elvis Presley Enterprises details biggest expansion since Graceland opened

CA: Graceland pegs investment at $137 million

CA: Graceland pegs investment at $137 million Graceland managers say they’ll reveal details on Monday for a $45 million, 200,000 square foot visitor and entertainment complex on the west side of Elvis Presley Boulevard. The new construction, scheduled for complextion next spring, will replace a decades-old complex containing souvenir shops, dining and exhibits of Elvis Presley’s cars. Coupled with a $92 million investment in a resort hotel called The Guest House at Graceland, it brings to $137 million the price tag for updated facilities supporting Presley’s Graceland mansion. The number released by Elvis Presley Enterprises Thursday slightly exceeds a $132 … Continue reading CA: Graceland pegs investment at $137 million

MDN: Whitehaven’s Big Week Moves Needle on Long-Held Development Plans

MDN: Whitehaven’s Big Week Moves Needle on Long-Held Development Plans The land has been cleared for quite a while where apartment complexes once stood and a big back parking lot was. You can see parts of it from the steps of Graceland. On Monday, Aug. 15, the day that Elvis fans mark the anniversary of his death with a candlelight vigil, leaders of Elvis Presley Enterprises will announce more details of the $45 million, 200,000-square-foot Graceland West project. Further south on Elvis Presley Boulevard, the $90 million Guest House at Graceland resort and hotel, at 450 rooms the third-largest hotel … Continue reading MDN: Whitehaven’s Big Week Moves Needle on Long-Held Development Plans

MDN: Graceland West Up Next as Guest House Tops Out

MDN: Graceland West Up Next as Guest House Tops Out “As construction crews working on the 450-room Guest House at Graceland resort hotel marked the topping out of that Whitehaven project this week, work is about to begin on the other side of Elvis Presley Boulevard on the Graceland West project. Graceland West is a new visitors center and complex across the street from Graceland itself that will include additional museums, restaurants and entertainment areas. Elvis Presley Enterprises pulled a building permit for Graceland West in late February. EPE President and CEO Jack Soden said the coming construction won’t interfere … Continue reading MDN: Graceland West Up Next as Guest House Tops Out

MBJ: Elvis’ planes to stay at Graceland after all

“Despite several plans for a new home for Elvis’ jets, it appears as though they will stay at Graceland. Sunday evening, Graceland released a statement saying the Lisa Marie and the Hound Dog II will remain on the property. This despite plans to move the jets off site to a new location adjacent to Graceland. “Graceland is pleased that an agreement has been reached for Elvis’ two airplanes, the Lisa Marie and Hound Dog II to remain at Elvis Presley’s Graceland in Memphis permanently,” the statement said. OKC Partnership, which owned the airplanes, had planned to move the two planes to a property adjacent … Continue reading MBJ: Elvis’ planes to stay at Graceland after all