Thursday, May 15, 2008

One Beale Project Taking Shape

One Beale will forever change the Memphis skyline. One Beale is the real estate development project of the Carlisle Corp. Originally, the project called for two towers at the foot of Beale Street and Riverside Drive. The project originally included one tower of residential units and another tower with mixed use.

According to the May 9, 2008, Memphis Business Journal, the One Beale project has now been changed to build only one tower but the new single tower will be larger than either of the two earlier towers. The new tower will be the tallest building in Memphis. The new single tower will have more floors of penthouse suites because those units were selling so well.

The project will include a luxury Hyatt hotel and a sky deck with a pool that will likely become the coolest and hottest spot in Memphis much like the Sky Bar franchises in New York, Chicago and L.A. I'm not saying that we'll get a sky bar franchise. I am saying that the new sky deck has the potential to be even cooler than the Peabody rooftop, the roof of the Madison or the roof of the Gibson Guitar factory.

One Beale is a really exciting development that will forever change downtown Memphis and give us another signature building for our skyline.

For more information go to www.onebeale.com

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