Memphis project for Miami builder

Miami-based WSG Development Co. has received local approval for a 28-acre mixed-use development in Memphis, and has plans to start construction on it next spring. The Midtown Memphis project will include two retail anchors plus restaurants and a residential component. The estimated cost ranges between $160 million and $180 million, with groundbreaking anticipated before the end of this year. Conceptual plans include 600,000 square feet of retail, at least 50,000 square feet of Class A office space and 200 apartments and townhomes.

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