The new development will consist of a 7-story building with 210 apartment units, over 244 parking spaces, and 10,000 sq. West Memphis Homes for Sale $106,961. Main Street Mall. 93-room Tru by Hilton, at 7235 Sleepy Hollow Drive in Southaven scheduled to open January 2022 155-room Aloft by Marriott, at 161 Jefferson Ave. in Downtown Memphis scheduled to open. MEMPHIS, Tenn Controversy over a proposed parking garage at the edge of downtown Memphis' Pinch District may be the first of future redevelopment battles in the neighborhood. That extension allowed developers until Dec. 31 to secure financing for at least one of the vertical improvements included in The Walk and gave until Dec. 21, 2024, to close the payment-in-lieu-of-tax incentive leases. The project is shovel ready, he said. Cordova Homes for Sale $326,154. Memphis business news:FedEx, Ford and much more: Here are some of Memphis' biggest business stories in 2022, Development news:$400 million Legacy at Countrywood development breaks ground at Colonial Country Club. 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