Commission approves proposed boutique hotel on Beale Street - KAIT Jonesboro, AR - Region 8 News, weather, sports

Commission approves proposed boutique hotel on Beale Street

(Source: Memphis Business Journal) (Source: Memphis Business Journal)
MEMPHIS, TN (WMC) -

Developers are building a new hotel on Memphis' famous Beale Street. 

Tuesday morning the Downtown Commission approved the Knoxville-based hotel developer's request for a $2.8 million 15-year PILOT to develop the hotel.

The boutique hotel will be built on the site of Beale Street’s former Club Crave, which closed in December 2012 after a deadly Christmas Eve shooting.     

So far, the $16 million hotel application includes retail space, a fitness center, a business center, an indoor pool, an outdoor fire pit, and a rooftop patio. 

It will be called The Inn at Beale Street, with five stories, holding up to 120 rooms.   

The project is expected to start next July, and it’s one that tourists on Beale can’t wait to see.

Developers said the project will breathe new life into the corner of Beale and Fourth.

“Well I am hoping it does come up to make it more appealing to the walking traffic,” said Glenda Burell from Arkansas. “You know? Because it makes it feel safer if you don't have to worry about little dark corners like that.”

The Inn at Beale Street will be part of a flurry of new hotels popping up around Downtown Memphis, and some of those projects already under construction.

Miguel Cabrera from Corpus Christi, Texas who is on a road trip, said picking the right hotel comes down to two things.

“We look for affordability, but we also look for location,” Cabrera said. ‘Are we near some cool sites so we don't have to drive too far?”

This new hotel will be in a prime spot for easy walking access to the entertainment district.

“That definitely would be cool because we could check this [Beale] out then walk back to the room as opposed to trying to find a Lyft or Uber, driving all that mess,” Cabrera said.

In the PILOT application, the developer hopes The Inn at Beale Street paves the way for more development in the area while promising to bring more jobs and improved pedestrian safety to the area.

You can expect to see the new hotel open for business by October 2020.

Copyright 2018 WMC Action News 5. All rights reserved. 

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Tractors, trailers, combines lined up for annual farm toy show

    Tractors, trailers, combines lined up for annual farm toy show

    Friday, July 20 2018 8:55 PM EDT2018-07-21 00:55:41 GMT
    Friday, July 20 2018 10:08 PM EDT2018-07-21 02:08:05 GMT
    Vendors set up for annual farm toy show. (Source: KAIT-TV)Vendors set up for annual farm toy show. (Source: KAIT-TV)
    Vendors set up for annual farm toy show. (Source: KAIT-TV)Vendors set up for annual farm toy show. (Source: KAIT-TV)

    It's the 29th annual Northeast Arkansas Farm Toy Show in Jonesboro for the weekend.

    It's the 29th annual Northeast Arkansas Farm Toy Show in Jonesboro for the weekend.

  • Blytheville council member reports robbery at park

    Blytheville council member reports robbery at park

    Friday, July 20 2018 9:32 PM EDT2018-07-21 01:32:32 GMT
    Friday, July 20 2018 10:00 PM EDT2018-07-21 02:00:17 GMT
    Blytheville Police Department (Source: Blytheville Police Department Facebook page)Blytheville Police Department (Source: Blytheville Police Department Facebook page)
    Blytheville Police Department (Source: Blytheville Police Department Facebook page)Blytheville Police Department (Source: Blytheville Police Department Facebook page)

    A Blytheville city council member told police this week that someone robbed him at a city park as police continue to search for the suspects in the case. 

    A Blytheville city council member told police this week that someone robbed him at a city park as police continue to search for the suspects in the case. 

  • Family: 2 victims killed in Branson duck boat accident from Osceola

    Family: 2 victims killed in Branson duck boat accident from Osceola

    Thursday, July 19 2018 9:19 PM EDT2018-07-20 01:19:53 GMT
    Friday, July 20 2018 9:25 PM EDT2018-07-21 01:25:56 GMT
    An accident involving an amphibious boat was reported Thursday night at Table Rock Lake near Branson, Missouri. (Source: KY3 via Mandi Rogers)An accident involving an amphibious boat was reported Thursday night at Table Rock Lake near Branson, Missouri. (Source: KY3 via Mandi Rogers)
    An accident involving an amphibious boat was reported Thursday night at Table Rock Lake near Branson, Missouri. (Source: KY3 via Mandi Rogers)An accident involving an amphibious boat was reported Thursday night at Table Rock Lake near Branson, Missouri. (Source: KY3 via Mandi Rogers)

    Authorities say divers found six bodies Friday morning, bringing the death toll to 17, according to St. Louis television station KMOV.

    Authorities say divers found six bodies Friday morning, bringing the death toll to 17, according to St. Louis television station KMOV.

Powered by Frankly