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Under its contract with the city, the organization maintains and develops the five miles of parks along the Mississippi River in Memphis. The RDC's largest project, the construction of a new dock called Beale Street Landing to be used by cruise ships and other vessels stopping in Memphis, was troubled by constant delays and costs far exceeding ...
A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
Developers 100 N. Main LLC will purchase the entire 2-acre Downtown Memphis property, including the 37-story tower, for $4.5 million. Memphis' tallest building will soon have new owners as 100 N ...
According to an agreement between the city and the University of Memphis, the city would also transfer ownership of Simmons Bank Liberty Stadium to the University of Memphis Auxiliary Services ...
In 2008, the city and Bass Pro Shops reached a tentative agreement, short on details, but based on an intent to develop the then-abandoned structure. [21] On June 30, 2010, after 5 years of negotiating, Bass Pro Shops and the City of Memphis signed an agreement for a 55-year lease for a Bass Pro Shops megastore.
Due to xAI's projected power use, it requires approvals from Memphis Light, Gas and Water (MLGW) and Tennessee Valley Authority (TVA). TVA says no contract in place yet for Elon Musk's xAI project ...
In traditional construction contracts (known as design–bid–build contracts) the principal contractor is only engaged when a detailed design is complete. An invitation to tender is published and a number of contractors will price the construction of the design, from which a single winner will be chosen to complete the works. Contractors are ...
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