Chisca sign is back Downtown; Shred415 quietly exits Memphis | Mane Street Memphis

Neil Strebig, Memphis Commercial Appeal
·3 min read

You might've noticed a slight change to the Downtown skyline recently and the disappearance of the words "Lyfe Kitchen."

Chisca on Main recently unveiled its new "The Chisca" sign atop the 10-story apartment building at 272 S. Main St.

“We are excited about the unique opportunity to enhance the Memphis skyline and showcase our commitment to providing a superior residential experience in the Historic South Main Arts District,” Jay Curtis of Sunshine Corp. said in a statement. "These signs will reflect the vibrancy and dynamism of our community, adapting their colors to align with events like Grizzlies and Memphis Tigers home games, breast cancer awareness and the annual Beale Street St. Patrick’s Day Parade.”

"The Chisca" sign has returned atop the Chisca on Main mixed-use development. The signage replaced the "Lyfe Kitchen" that was previously installed.
"The Chisca" sign has returned atop the Chisca on Main mixed-use development. The signage replaced the "Lyfe Kitchen" that was previously installed.

Bartlett-based LSI Graphic designed the new signage. In November 2023, the Design Review Board, an affiliate board of the Downtown Memphis Commission (DMC) approved design plans for the project.

Memphis-based Sunshine Corp. owns the historic Chisca Hotel building, which dates back to 1913. Rockcreek Plaza is the property management company for the site.

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March homes sales are up in Memphis, Shelby County

Home sales were up 12.5% in March compared to February, according to a Memphis Area Association of Realtors (MAAR) report.

March sales were down by 9.2% compared to last year, however, year-to-date sales are up 7.4% with 3,601 homes sold in the first quarter of 2024 compared to 3,353 in the same period in 2023.

Home sales were up 12.5% in March compared to February, according to a Memphis Area Association of Realtors report.
Home sales were up 12.5% in March compared to February, according to a Memphis Area Association of Realtors report.

“Inventory went up 3.8 percent. The market is becoming more active," MAAR President Scott Bettis said in a statement.

The most active neighborhoods in March 2024 were South Memphis, East Memphis and Cordova. The trio accounted for 32% of total home sales last month. Year-to-date the same three neighborhoods have seen the most activity in home sales.

Notable real estate trends

  • Most homes sold in March 2024: East Memphis 182 | Cordova 110 | South Memphis 108

  • Southwind submarket has seen a 41.5% increase in average sales price from the first quarter of 2023 to the same period this year ($386,733 to $547,225 )

  • South Memphis continues to be an active market in 2024 with 312 homes sold, an increase of 32.8% compared to the same quarter in 2023. Average sales price has also increased in the neighborhood compared to last year, jumping from $72,559 to $79,589.

MEMPHIS REAL ESTATE: These neighborhoods have seen the biggest home price changes in 2024

Shred415 exits Memphis

The exercise franchise, Shred415, located at 150 Peabody Place in Downtown Memphis has closed. The Shred415 location is no longer listed on the company website and both the Peabody Place location's Instagram and Facebook accounts have been deleted.

The company has not responded to a request for comment regarding the closure.

Chicago-based Shred415 opened its first Memphis location in 2018 at the Crown Centre in East Memphis. The East Memphis location is also no longer listed on the company website.

Neil Strebig is a journalist with The Commercial Appeal. He can be reached at neil.strebig@commercialappeal.com, 901-426-0679 or via X/Twitter, @neilStrebig. 

This article originally appeared on Memphis Commercial Appeal: Shred415 closes Memphis location; Chisca sign returns Downtown