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Downtown Memphis, Edge District to welcome retailers, restaurant space

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Renderings show what the interior of 145 Madison Ave. will look like after planned renovations.

Two buildings on Madison Avenue, one Downtown and one in the Edge District, will soon be transformed into retail and restaurant space. 

The vacant storefront at 145 Madison Ave. will soon hold retailer Capsule, which will sell shoes and vintage clothing, according to a staff report from the Downtown Memphis Commission. The team behind the clothing shop has applied for a $30,000 grant from the DMC’s Center City Development Corporation.

Planned renovations include interior demolition, plumbing, electrical and HVAC work and interior lighting work, among other updates. The total cost of the renovations will be $34,500, according to the grant application. 

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The exterior of 345 Madison Ave. in the Edge District.

A separate group is looking to transform 345 Madison Ave. into a restaurant space. The owner is seeking an $80,000 grant from the CCDC. The total renovations are estimated at $180,000.

No tenant has yet been identified, according to the grant application, but the owner hopes to lure an established Memphis restaurant or bar that does not yet have a Downtown presence to the site. 

Read More: Downtown Memphis, Edge District to welcome retailers, restaurant space

2021-06-10 20:11:12

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