Skip to main content

The redevelopment of Carrefour at Kirby Woods could crack a goldmine of opportunity for Germantown’s Western Gateway.

The shopping center southwest of Kirby Parkway and Poplar Avenue is slated for an overhaul. A mixed-use project with commercial and office space, a hotel and apartments are part of the new plans. Father-son duo, Henry and Nelson Cannon, sold the property to a local group. Prominent Memphis developer Billy Orgel is part of the group under the name “CRE Devco Germantown.”

The Board of Mayor and Aldermen will review the final plan for the first building for the redevelopment Monday evening.

The Board of Mayor and Aldermen meet at 6 p.m. on Monday evening in the Council Chambers at City Hall. The meeting is open to the public. The meeting will also be streamed online.

“I think the conversation between (Germantown) and the Cannons and business leaders was always how to recreate that entry point into Germantown and enhance what that location offers,” Adam Slovis, project manager for the redevelopment, said. “Not only as a portal into the city, but it will also elevate everything around it.”

Thornwood, a mixed-use development in Germantown, is an example of what can happen when a developer seizes an opportunity, casts a vision and the city latches on.

“It’s a catalytic investment that is spurring on more investment,” Cameron Ross, Germantown’s economic and community development director, said.

When Thornwood was proposed there was nothing like it in the Memphis suburbs, said Spence Ray, vice-president of McNeil Commercial Real Estate and Thornwood developer. “You had to go Downtown to even remotely get something that was a mixed-use project and much less 17 acres,”

Germantown had adopted Smart Growth guidelines in 2007, but no one had utilized them. Ray saw what cities like Chicago, Atlanta, Boston and Denver had done with similar rules.

“We looked at urban planning principles and projects in some of these other cities,” he said. “What was consistent was the principles within the (Germantown) smart code lined up with projects we had seen in other cities.”

Thornwood’s outline was approved in 2014 and amended in 2020.

 

Read more: https://dailymemphian.com/subscriber/section/business/article/29446/germantoown-tn-carrefour-redevelopment-could-revive-gateway-to-memphis

 

By , Daily Memphian | Published: June 26, 2022