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Tenant Brings New Coworking Concept to Historic Building in Downtown Memphis
Spaces, a subsidiary of workspace network IWG, will open a coworking concept in Downtown Memphis, TN, occupying 18,500 square feet in the historic 107 S. Main building. The property is currently under renovation by real estate development company 18 Main.
The 30,000-square-foot building, which dates back to 1900, sat vacant and blighted for over two decades before 18 Main purchased the property in 2019 with a plan for complete renovation.
18 Main’s restoration and construction on the building commenced for a majority of 2022, including historic preservation and future reuse of the DMC’s public art that temporarily adorned 107 S. Main’s facade.
107 S. Main had been a top priority of the Downtown Memphis Commission’s anti-blight focus for over a decade. Under previous ownership, its spot on the “Dirty Dozen” of most-wanted blighted buildings led to a 2015 emergency hearing by the Shelby County Environmental Court and accompanying lawsuit due to the building’s structural risk.
Photo courtesy cnct. Design
- ◦Lease
