Loeb Properties says, "The hotel will include expressive design moments, vibrant public spaces, and a flexible food and beverage model including a rooftop bar overlooking Midtown and Overton Park."
The statement also says this is the only current generation hotel in Midtown Memphis, and the only high-end boutique brand hotel outside Downtown Memphis.
Officials with the company told FOX13, "The hotel will enable Playhouse on the Square, Hattiloo Theatre and Ballet Memphis to create a regional performing arts district in Overton Square that will attract visitors from a 250 mile radius around Memphis."
Construction will begin November 2018 and with open in 2020.
View the full article at Fox 13 News.