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The Big Empty

WLM, Chris and I go for a tour of the Sterick Building Downtown

 

for years now i've referred to what some people incorrectly call the "sterick building" downtown as "my building". "my building" is... or rather was... the most beautiful building in all of memphis. built in 1930 out of limestone and granite, it was a gleaming white 30 story tower that pretty much blew the doors off everything else ever built in memphis.

well, while time has not been kind to "my building" i have been becoming increasingly more interested in checking up on the place. one problem: nobody could ever get me in the joint until one day when i bounced an idea off my buddy chris the commercial real estate guy. within 4 hours of informing him of my lifelong dream we had an appointment to see the place - but we will get to that story in a minute.

 
 
 
 
   
the concept
 

located at third and monroe, "my building" has the best view of the ballpark you can find - which got me thinkin.

remember when the titans came to nashville and those

 
PSL's (personal seat licenses) were all the rage? well how about this idea... PCL's - personal condo licenses. with a view like this who needs HVAC?
 
some of my other ideas involve using lots and lots of wireless technologies. seeing how this place was built back when it was considered "high tech" to have 1 phone jack per floor, there aren't many conduits to run phone/data lines in and around. wireless is not only the modern way of doing things, it is more cost effective as well.
 
in all seriousness, i do think that this place could really be a gem once again. right now it is just a huge brown structure that, if it had wheels, could be mistaken for "my big UPS truck". but with a lot of renovations it would make a killer condo, hotel, retail - mix use building. after all, it offers the rare combination of great location and killer view.
 
how "my building" stacks up against other memphis structures
 

as you can see, i'm currently in 4th place, not bad for a place that was build 40 years before anything in front of it... either way, none of this will matter once i put a new hat on the place.

overnight "my building" will be the tallest in memphis. the folks @ UP are gonna be ticked.

 

 
the tour

it was only 10 am when we started the tour, but a new term was created before we left the building... that term is "sterick building hot". it was close to 90 outside that day and @ least 10 degrees warmer once inside. mix in a 30 story stair climb and some very stale air and you got what is now known as "sterick building hot!" at one point chris asked me "just how high do you want to go in this thing?" my reply was "high enough to ensure that i never have to wish i went all the way to the roof."

once we did make it up top the view was without question the best in the city. i could really see high dollar condos up there. the 14th and 22nd floors had room for outdoor decks that offer views of the entire city. below are some pics i took from the top floor

 
 
 
 
that's the fedex forum in the background
 
looking back east
 
in spite of the heat, the stairs, the pigeons (as well as all the wonderful things that come along with pigeon infestation) it was a great field trip. a 1997 appraisal of the place said the building was worth $470,000... but was in need of $25,000,000 in renovations. so, unless i start making richardvining.com a pay site this project is gonna have to wait awhile.
 

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