MEMPHIS, TN (abc24.com) — Big changes are in store for an empty 53,000 square foot building in Midtown Memphis. It is a chance to revitalize Overton Square. Neighbors say it's long overdue. There were talks of putting in a major grocery store but it never happened. Now the property owner is days away from unveiling his big plans and is asking for your input.
People have all sorts of ideas for the future of Overton Square: boutique shops, restaurants, a theater arts district and a parking garage. It remains to be seen what exactly will happen. Overton Square hasn't seen much action in years, except for businesses and people moving out.
"I haven't seen any new businesses after 2006,” said Golden India restaurant owner Satnam Singh.
“Overton Square was a great time. Everything was full and there were a lot of people,” said patron Cheddy Williamson.
Real estate developer, Loeb Properties, will announce this week the "new" Overton Square. Neighboring business owners have their own ideas. Boscos employees wouldn't mind a parking garage.
"We have a bit of trouble back here in the parking lot. There's a studio, other businesses, and we kind of share parking with everyone. It would be better if we had a larger area to share parking with and all of our guests would be happy,” said Boscos restaurant manager Chuck Nix.
A number of property developers have expressed interest in redeveloping Overton Square. They wanted to demolish parts of the square's historic building. A non-profit group, Memphis Heritage, stopped those plans and there hasn't been much action since.
Loeb Properties will hold a public meeting Wednesday, October 12, 2011, to present its plans for Overton Square. The meeting begins at 6:00 p.m. at Playhouse on the Square, 66 S. Cooper.