One Beale
Sales recently opened on One Beale, a dramatic development set to rise in Memphis. The two-tower development is a $175-million mixed use project that consists of two towers, one topping 30 stories and the other at 27 stories. The towers will be home to 150 condos, a Hyatt hotel with 240 rooms and office and retail space. The condos, which range in size from 1,300 to 4,380 square feet, are listed at $554,000 to $1.8 million. Already a fourth of the condos have been reserved, a pretty decent feat in a nationwide condo slump. Construction is set to be completed in 2010.
[Thanks, G.R.!]
